TSX-V: CGLD $0.12 OTCQX: CGLDF $0.09 Gold: $1,657/oz Copper: $2.21/lb


2006 News

Vancouver, BC, March 16, 2006 - Dynasty Metals & Mining Inc. (TSXV: DMM; the "Company") has engaged P.G. Salzburg Inc. ("Salzburg"), of Vancouver, and its principal Laura Forsythe, to assist in the implementation of the Company's investor communications program.

Salzburg will assist the Company in increasing its exposure to potential investors, primarily, but not exclusively, in Europe. Salzburg and Ms. Forsythe are at arm's length to the Company.

Company President, Rob Washer, commented: "We are pleased to have secured the services of Laura Forsythe and her firm. Laura has considerable experience in bringing emerging resource companies to the attention of the investment community. Her engagement is part of our continued commitment to raise our corporate profile, as we advance our gold projects in Ecuador."

Under the renewable agreement, Salzburg will receive incentive options to purchase 200,000 common shares of the Company at a price of $3.48 per share. The options will vest over a period of 12 months and will be subject to the terms and conditions of the Company's stock option plan. The options will expire on the earlier of the 30th day following termination of the agreement and March 15, 2011.

Separately, the Company has engaged Chadwick Wasilenkoff, of Vancouver, to assist in the design and implementation of specific business development initiatives. Mr. Wasilenkoff is the chief executive officer of Titan Uranium Inc. and has extensive experience in the development of emerging resource companies. He will receive incentive stock options to purchase 50,000 common shares of the Company at a price of $3.48 per share for a period of five years.

The option grants are subject to approval by the TSX Venture Exchange and shareholders at the Company's coming Annual General Meeting.

About Dynasty

Dynasty Metals & Mining Inc. is a Canadian mining company involved in the exploration and development of mineral properties in Ecuador. In addition to its advanced gold projects at Jerusalem and Zaruma, the Company has mineral concessions covering over 960 square kilometres that comprise the Dynasty Copper-Gold Belt, a mineralized corridor in south-western Ecuador running north from the Peruvian border.

For further information about the Company, please contact Murray Oliver at (604) 687-0888 Ext. 3 or info@dynastymining.com or visit the Company's website at www.dynastymining.com.

Dynasty Metals & Mining Inc.
Robert Washer, President and CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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