DMM 2009-04-20 (provided courtesy of Marketwire.)
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Dynasty's Operations Approved Under New Ecuadorian Mining Law

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 20, 2009) - Dynasty Metals 
& Mining Inc. (TSX:DMM) ("Dynasty" or the "Company") is pleased to announce 
it has received official notification from the Ecuadorian Ministry of Mines 
and Petroleum that it is in compliance with the new Ecuadorian Mining Act. 
Such notice was given following a review, by the Ministry, of the Company's 
operations. The Ministry requires the Company to update its Environmental 
Impact Studies, which is required in the normal course of business, and 
register with the new National Water Bureau. The Company expects to have 
completed these requirements in the near future.

Company President and CEO, Robert Washer, commented: "We would like to 
thank the Ministry of Mines and Petroleum for their continued cooperation. 
The official notification allows Dynasty to step up its mine development, 
processing and exploration activities, which were previously curtailed 
because of the Mining Mandate passed in April of last year. Our primary 
focus continues to be the development of our Zaruma Gold Project, where we 
are now commissioning the plant and stockpiling ore grade material."

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

Dynasty Metals & Mining Inc.

Robert Washer, President and CEO

This news release includes "forward-looking information", as such term is 
defined in applicable securities laws. Users of forward-looking information 
are cautioned that actual results may vary from forward-looking information 
contained herein. The forward-looking information includes, without 
limitation, the impact of the Ecuadorian Ministry of Mines and Petroleum's 
notice on the Company's production and exploration plans and other similar 
statements concerning anticipated future events, conditions or results that 
are not historical facts. In certain cases, forward-looking information was 
developed using the material factors or assumptions stated herein. Such 
factors and assumptions include, amongst others, the effects of general 
economic conditions, the price of gold, changing foreign exchange rates and 
actions by government authorities, uncertainties associated with legal 
proceedings and negotiations and misjudgements in the course of preparing 
forward-looking information. In addition, there are also known and unknown 
risk factors which could cause the Company's actual results, performance or 
achievements to differ materially from any future results, performance or 
achievements expressed or implied by the forward-looking information. Known 
risk factors include, among others, risks and uncertainties relating to 
exploration and development; the ability of the Company to obtain 
additional financing; the Company's limited operating history; uncertain 
mining legislation; the need to comply with environmental and governmental 
regulations; political and economic instability and general civil unrest in 
Ecuador; potential defects in title to the Company's properties; 
fluctuations in currency exchange rates; fluctuating prices of commodities; 
operating hazards and risks; competition; and other risks and 
uncertainties, including those described in the Company's Annual 
Information Form dated March 25, 2009 filed with the Canadian Securities 
Administrators and available at www.sedar.com. Although the Company has 
attempted to identify important factors that could cause actual actions, 
events or results to differ materially from those described in 
forward-looking information, there may be other factors that cause actions, 
events or results not to be as anticipated, estimated or intended. There 
can be no assurance that forward-looking information, or the material 
factors or assumptions used to develop such forward looking information, 
will prove to be accurate. Accordingly, readers should not place undue 
reliance on forward-looking information. All statements are made as of the 
date of this news release and the Company is under no obligation to update 
or alter any forward-looking information except as required by law.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Dynasty Metals & Mining Inc.
Murray Oliver
604-687-0888
info@dynastymining.com
www.dynastymining.com
or
Brisco Capital Partners
Gordon Aldcorn
403-262-9888
Gordon@briscocapital.com