Dynasty Provides Update on Preparation of Revised Technical Reports

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 30, 2014) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) wishes to provide the following update on the preparation of revised Technical Reports for its mineral projects. As previously announced, the Company is preparing an updated Technical Report in respect of its Zaruma Project and amended Technical Reports in respect of its non-producing Jerusalem and Dynasty Goldfield Projects in order to address the results of a review by the British Columbia Securities Commission. Due to further delays in the preparation of such Technical Reports, the Company now anticipates that such reports will be completed and filed on SEDAR at www.sedar.com in May 2014. Readers are reminded that the mineral resource estimates contained in the Company's public filings should not be relied upon until such time as the Technical Reports supporting such estimates have been filed.

About Dynasty Metals & Mining

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

The Company is currently focused on developing its Zaruma Gold Project, at which the Company is in production. The Company also has the following non-producing assets: the Jerusalem Project and Dynasty Goldfield Project.

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