TSX-V: CGLD $0.18 OTCQX: CGLDF $0.13 Gold: $1,512/oz Copper: $2.58/lb


2007 News

Vancouver, BC, January 31, 2007 - Dynasty Metals & Mining Inc. (TSXV: DMM, the "Company") is pleased to announce the hiring of Pippa Jeffcock BA MSc MBA FGS, as the Company's new exploration manager, and Carlos Muirragui, as the Company's business development manager in Ecuador.

Pippa Jeffcock

Ms. Jeffcock lived in Ecuador for eight years, during which time she discovered and operated a producing gold mine. As a director of the Ecuadorian Chamber of Mines, she chaired a committee responsible for drafting changes to the then mining laws. After leaving Ecuador, Ms. Jeffcock worked for Peter Hambro Mining for three years. Upon completing an MBA, she worked for six years as an independent consultant to mining companies in Angola and Sierra Leone and wrote mining company research for brokers in London, England. For the past 15 months, Ms. Jeffcock has been a mining research analyst with Ocean Equities of London.

Carlos Muirragui

Mr. Muirragui is a former senior member of the Ecuadorian government, where he held a number of positions, including Vice Minister of Mines, Under Secretary of Hydrocarbons, and Under Secretary of Environmental Protection. On various occasions he was the acting Minister of Energy and Mines. He has extensive knowledge of operations within these ministries. Mr. Muirragui is a geologist and a civil engineer.

Company President, Rob Washer, commented: "We are very fortunate to have Pippa and Carlos join us. Both have invaluable experience in the mining industry in Ecuador. Pippa, having also worked as a mining analyst, will work closely with Company management to refine our exploration and capital market strategies. Carlos will assist in our liaison with the new Ecuadorian administration on matters concerning the Company and the mining industry."

About Dynasty Metals & Mining Inc.

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.

For further information about the Company, please contact Murray Oliver at (604) 687-0888 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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