TSX-V: CGLD $0.22 OTCQX: CGLDF $0.16 Gold: $1,341/oz Copper: $2.63/lb


2007 News

Vancouver, BC, July 30, 2007 - Dynasty Metals & Mining Inc. (TSXV: DMM, the "Company") reports that Dr. Jose Serrano has been appointed the new Undersecretary of Mines of Ecuador.

Dr. Serrano has broad experience in both the private and public sectors. During his distinguished career he has held positions in previous governments that include Minister of Labour. As a former Undersecretary of Mines, he is very familiar with the developing Ecuadorian mining industry.

Company President and CEO, Robert Washer, commented: "Like the recent appointment of Dr. Galo Chiriboga as the new Minister of Mines and Petroleum, we view the appointment of Dr. Serrano as further indication of the commitment of the government to the development of modern, responsible mining industry in Ecuador."

About Dynasty Metals & Mining

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador. Its common shares are listed for trading on Tier 1 of the TSX Venture Exchange under the symbol "DMM".

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, the Copper Duke Project and the Marianna Joint Venture among other prospects.

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

For further information please visit the Company's website at www.dynastymining.com, or

Dynasty Metals & Mining Inc.
Murray Oliver
Tel: (604) 687-0888
Email: info@dynastymining.com
Brisco Capital Partners Corp.
Gordon Aldcorn
Tel: (403) 262-9888
Email: Gordon@briscocapital.com

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

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