Dynasty Gold Corp.

Dynasty Gold Corp.

March 30, 2005 15:11 ET

Dynasty Announces 2005 Exploration Program


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DYNASTY GOLD CORP.

TSX VENTURE SYMBOL: DYG

MARCH 30, 2005 - 15:11 ET

Dynasty Announces 2005 Exploration Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2005) - Dynasty
Gold Corp. (TSX VENTURE:DYG) ("Dynasty" or the "Company") is pleased to
announce the 2005 exploration programs for its projects in North West
China.

Hatu Project, Xinjiang Province

The Company has retained the services of SRK Consulting, to complete an
independent technical report under the guidelines of NI 43-101. Dr.
Jean-Francois Couture will act as the independent qualified person
("QP"). Dr. Couture is currently completing his site visit and expects
to release the report before the end of April. His report will address
Dynasty's previously released target potential of 1.0 - 1.7 million
ounces of gold, (See Dynasty Press Release January 18, 2005) as well as
confirm the proposed exploration program.

At Hatu, the focus of this year's program will be to further define and
expand the target potential, and follow up on the anomalies delineated
by last year's surface program (See Dynasty Press Release December 13,
2004). The budget for the proposed program is estimated to be $840,000
USD. It will include additional surface sampling, a ground magnetics
survey, an Induced Polarization ("IP") survey, trenching, and drilling
of at least 10 holes.

Red Valley Project, Qinghai Province

The Company can earn up to 80% in the Red Valley project, which remains
subject to the approval of the TSX Venture Exchange. The 2005
exploration budget for the Red Valley project is estimated at $480,000
USD. The program will focus on surface sampling, trenching and drilling,
with a goal to follow-up and enlarge the previously identified gold and
trace element anomalies. (See Dynasty Press Release March 4, 2005.)

Wild Horse Project, Gansu Province

The Company can earn up to 80% in the Wild Horse project, which remains
subject to the approval of the TSX Venture Exchange. The Company is
waiting for the award of the Business License prior to the commencement
of the 2005 exploration season in Gansu. It is expected to be awarded in
July this year. The period leading up to the exploration season will be
spent prioritizing targets within Dynasty's 13,000 square kilometer Area
of Mutual Interest, and developing the related exploration programs. The
expenses will be covered by a deposit of $50,000 USD to hold the
properties as part of the original agreement with the No.2 Institute of
Geological and Mineral Resource Survey and Development Bureau of Gansu
Province.

The Company is looking forward to another successful exploration season
that will expand the target at Hatu and lead to prospective targets at
Red Valley and Wild Horse.

Dynasty is a Canadian based junior resource company focused on
acquiring, exploring and developing gold prospects in China.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

Brian R. McEwen, President

This press release contains certain "forward-looking statements" that
involve a number of risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such
statements.


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Dynasty Gold Corp.
    Christine Norcross
    (604) 633-2100 or Toll Free: 1-888-899-9669
    (604) 484-3559 (FAX)
    or
    Dynasty Gold Corp.
    Dwayne Yaretz
    (604) 633-2100 or Toll Free: 1-888-899-9669
    (604) 484-3559 (FAX)
    www.dynastygoldcorp.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.