Core Gold DMMIF

Dynasty is paid up

[powder1]

PRESS RELEASE DYNASTY CONCESSIONS IN GOOD STANDING Vancouver, BC, January 25, 2008 - Dynasty Metals & Mining Inc. (TSX: DMM, “Dynasty” or the “Company”) understands that it has been reported that the government of Ecuador will not renew mining concessions where concession fees have not been paid in a timely manner as required by the current mining law. Dynasty has made all necessary payments, when due, to maintain the Company’s mining concessions in good standing under the current mining law. 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. The Company has two advanced-stage projects, Zaruma, which is near production, and Jerusalem, as well as 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 please contact: Dynasty Metals & Mining Inc. Murray Oliver 604-687-0888 [e-mail] Brisco Capital Partners Gordon Aldcorn 403-262-9888 [e-mail]