A total of 37 rock channel samples from 31 trenches has returned assay results ranging from 11.93 grams per tonne ("g/t") gold to 0.42 g/t gold and 286 g/t silver to 3 g/t silver, over an average channel sample width of 1.2 metre ("m").
With these results, the continuous strike length of surface mineralization at the Dynasty Goldfield has been extended to the east by approximately 2.5 kilometres ("km"), for a total length of approximately 3.5 km. Mineralization remains open along strike. The discoveries have the potential to add significantly to the current gold resources estimates for the field (see news release dated April 24, 2006 for initial, independent estimates).
Significant results from this program are set out in the table below:
In addition to its ongoing program of geological mapping and trench sampling on the Dynasty Goldfield, the Company is continuing to drill targets identified by current, and previously-announced, exploration. Two core rigs are currently turning on the property and a third is expected to be mobilized onto the site in the near future.
About the Dynasty Goldfield
The Dynasty Goldfield is estimated to cover an area of approximately 13 km x 4 km. Gold and silver mineralization is understood to be epithermal in origin and associated with a significant porphyry-style system.
The project occurs within the Company's, 100%-owned, 90 km x 20 km, Dynasty Copper-Gold Belt, in southern Ecuador. The Dynasty Copper-Gold Belt hosts eight such porphyry-style systems, with associated large quartz-sulphide vein swarms and stockworks.
Quality Control and Assurance
Exploration of the Company's properties is under the supervision, of Greg Whitfield, the Company's Exploration Manager and a "qualified person", as defined by National Instrument 43-101. Mr. Whitfield is responsible for the preparation of technical information in this news release.
Rock chip channel samples of representative material from trenches, weighing between 2 kg and 4 kg each, were collected, sealed on the property, and transported to the BSI Inspectorate laboratory in Quito, Ecuador for preparation. Sample pulps are shipped by BSI Inspectorate to its laboratory in Lima, Peru, an internationally recognized laboratory, for gold fire assay, and silver and multi-element ICP analysis. A minimum of 5% of samples assayed are for quality control/assurance, including duplicates, standards, and blanks.
Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador. The Company has two advanced-stage projects, Jerusalem and Zaruma, and a highly-prospective exploration project, the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield.
For further information about the Company, please contact Murray Oliver at (604) 687-0888 or email@example.com or visit the Company's website at www.dynastymining.com.
Dynasty Metals & Mining Inc.
Robert Washer, President and CEO
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