Dynasty Gold Corp.
TSX VENTURE : DYG
FRANKFURT : D5G

Dynasty Gold Corp.

August 29, 2007 10:25 ET

Dynasty Board Appoints Ivy Chong Interim CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 29, 2007) - Dynasty Gold Corp. (TSX VENTURE:DYG)(FRANKFURT:D5G) ("Dynasty" or the "Company") announces that Mr. Brian McEwen will resign as President and CEO effective September 1, 2007. Mr. McEwen has been serving in these capacities since November 2004.

With Mr. McEwen's departure, Ms. Ivy Chong, currently CFO for Dynasty, will take over the duties of CEO on an interim basis. Ms. Chong has been involved in all corporate processes for Dynasty including frequent contact with the operations in China. Dynasty is currently looking to fill the full-time CEO role externally.

"We appreciate Brian's contributions to Dynasty over the years and wish him luck in his future endeavors," commented Dynasty's Chairman of the Board, Tookie Angus. "The Board of Dynasty gives Ivy our full support and will continue to assist in guiding the operations of the company until a full-time replacement is found."

Dynasty Gold Corp. is a Canadian gold exploration company active in China. The company has exploration programs underway at three prospective gold properties and partnerships with AngloGold Ashanti and Avocet Mining.

For more information on the company and its projects, please refer to the website, www.dynastygoldcorp.com.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

Tookie (Stuart) Angus, Chair of the Board

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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