Dynasty Mourns Passing of Director Dr. Ernesto Andrade

January 14, 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan 14, 2013) - The Board of Directors, management and staff of Dynasty Metals & Mining Inc. ("Dynasty" or, the "Company") (DMM.TO)(DMMIF) are greatly saddened by the passing of Dr. Ernesto Andrade. Ernesto served as a director since 2003, providing valuable counsel and Ecuadorian expertise and advice to the Company.

Robert Washer, the Company''s President and CEO, commented: "Ernesto was not only a founding board member who, amongst other achievements, was integral to Dynasty''s success in navigating the Ecuadorian transitional and sometimes complex mining legal framework, but a close and personal friend. His integrity and warm and loyal personality will be missed by all who knew him.

On behalf of all of us at Dynasty, I pass on my sincere condolences to all of Ernesto''s family."

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 producing 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.