VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2011) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF)(PINK SHEETS:DMMIF) announced today that Yale Simpson has retired from the Company's Board of Directors in order to focus on his commitments as Executive Chairman of Exeter Resource Corporation and Co-Chairman of Extorre Gold Mines Limited.

Robert Washer, the Company's President and Chief Executive Officer, commented: "On behalf of the Board of Directors, I wish to thank Mr. Simpson for his contributions to the Company over the last eight years. His leadership will be missed and we wish Mr. Simpson success with his primary business interests."

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 the in production Zaruma Gold Project, the advanced-stage Jerusalem Project, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the advanced-stage Dynasty Goldfield.

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

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