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SUBJECT: DYNASTY GETS APPROVAL IN ECUADOR Posted By: Bobsyouruncle2
Post Time: 4/16/2007 13:22
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Dynasty Receives Final Permitting to Construct and Operate Zaruma Gold Plant

Apr 16, 2007 12:30:00 PM
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 16, 2007) - The following corrects and replaces the release issued at 10:30 am ET, April 16, 2007, due to multiple revisions throughout the release.

Dynasty Metals & Mining Inc. (TSX VENTURE:DMM) (the "Company") is pleased to announce that it has received the last of the necessary permits from the Ecuador Ministry of the Environment to construct and operate a mill capable of processing 500,000 tonnes of ore per annum at its Zaruma Gold Project, in southern Ecuador.

Robert Washer, the Company's Chief Executive Officer, commented: "This is a watershed event for us. With this approval, we will likely be the first to operate a large-scale modern mining facility in Ecuador. In addition, it clearly demonstrates the intention of the new government to support the development of the Ecuadorian mining industry."

The Zaruma Gold Project

The Zaruma Gold Project is located in the cantons of Zaruma and Portovelo, Province of El Oro, Ecuador, approximately 160 kilometres south of Guayaquil, Ecuador's main seaport. The project comprises 46 mineral exploration concessions, covering approximately 103 square kilometres, in an active high-grade goldfield.

Gold mineralization occurs in a 15 kilometre by 5 kilometre polymetallic epithermal vein system. The vein system is hosted by a Tertiary volcanic sequence of intermediate to mafic volcanic breccias, tuffs and andesites...

http://www.dynastymining.com/investors/newsreleases/pr_2007_04_16.php