Dynamic Resources Corp.

Dynamic Resources Corp.

March 02, 2005 10:39 ET

Dynamic Resources Corp.: Fire Assay Results from Quest Lake Project


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DYNAMIC RESOURCES CORP.

CNQ SYMBOL: DYRF
PINK SHEETS SYMBOL: DYRFF

MARCH 2, 2005 - 10:39 ET

Dynamic Resources Corp.: Fire Assay Results from Quest
Lake Project

LAS VEGAS, NEVADA--(CCNMatthews - March 2, 2005) - Dynamic Resources
Corp. (CNQ:DYRF) (PINK SHEETS:DYRFF) (the "Company") has now received
the fire assay results which were requested by the Company to accurately
determine the gold and silver content of the preliminary assay results
previously reported on February 22, 2005. The earlier results, tested by
ICP geochemical analysis, included several samples in which the gold
content exceeded the reliable limit of ICP testing. Results are
presented in the accompanying table:



Original Assays Fire Assays
----------------------------------------------------------------------
Sample No. Ag Au Ag Au
(ppm) (ppb) (gm/mt) (gm/mt)
----------------------------------------------------------------------
D 198652 87.3 4807.6 805 5.69
----------------------------------------------------------------------
D 198654 greater
than 100 3907.8 544 2.90
----------------------------------------------------------------------
D 198656 greater
than 100 29100.0 918 25.87
----------------------------------------------------------------------
D 198656 ReRun greater
than 100 29100.0 919 22.55
----------------------------------------------------------------------
D 198658 7.0 11431.5 9 48.35
----------------------------------------------------------------------
D 198659 greater greater 240 246.40
than 100 than 100000
----------------------------------------------------------------------
greater
D 198663 53.0 than 100000 65 122.93
----------------------------------------------------------------------
D 198664 greater
than 100 18388.6 128 15.16
----------------------------------------------------------------------
D 198666 58.8 77533.4 60 74.91
----------------------------------------------------------------------
D 198667 29.2 5771.8 30 6.58
----------------------------------------------------------------------
D 198670 74.7 1073.2 78 1.20
----------------------------------------------------------------------
D 198671 2.4 19126.9 2 19.56
----------------------------------------------------------------------
D 198674 4.6 25885.6 5 27.51
----------------------------------------------------------------------
less
D 198675 0.5 1831.8 than 2 2.47
----------------------------------------------------------------------


These samples represent randomly selected grab samples taken off dumps
from old shafts and trenches at Dynamic's Quest Lake project in the
Yellowknife area of the N.W.T.

The Company plans to undertake preliminary geological mapping and
sampling, and geophysical surveys to further assess the mineral
potential of the project.

These grab samples contain highly variable amounts of gold and silver
which is typical for precious metals in this geological environment.

Dynamic's claims were originally staked in 1937. Between 1938 and 1947,
progressive exploration work comprised of prospecting and mapping,
surface trenching, core drilling, shaft sinking and bulk sampling was
completed. Results of this work are not available, but the recent
sampling has confirmed that the vein systems are gold and silver
bearing. In 1947 the claims had assessment work filed to keep them in
good standing until 2016. No further work was undertaken until Dynamic
acquired its 100% interest in these unpatented claims in 2004. Further
work is warranted on the Quest Lake property and a program to explore
the prospect with modern technology is being planned.

Assay work for Dynamic was conducted by Acme Analytical Laboratories
Ltd, an ISO 9002 accredited facility in Vancouver, B.C. The Company will
request a confirmation assay from a second split of the sample for
samples numbered D 198659, D 198663 and D 198666.

Dynamic Resources Corp. is a highly focused, progressive gold
exploration and mining company actively engaged in programs in Nevada's
rich Carlin Trend and Canada's prolific Yellowknife mining district.
Dynamic is guided by an experienced management and technical team
proficient in all aspects of mining exploration, corporate finance and
operations For further information, we invite you to visit us at
www.dynamicresourcescorp.com

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Dynamic Resources Corp.
    Lindsay Malcolm
    Investor Relations
    Toll Free: 1-877-713-7465
    DYRF@shaw.ca
    or
    Dynamic Resources Corp.
    Robert Fedun
    President & CEO
    (604) 209-5113
    (702) 254-5594 (FAX)
    robertfedun@novus-tele.net
    www.dynamicresourcescorp.com
    The CNQ has neither approved nor disapproved of the information
    contained herein.