Dynasty Gold Corp.

Dynasty Gold Corp.

December 03, 2007 09:00 ET

Dynasty Gold Announces Appointment of New Vice President of Explorations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2007) - Dynasty Gold Corp. (TSX VENTURE:DYG)(FRANKFURT:D5G) ("Dynasty" or the "Company") is pleased to announce that Larry Kornze has been appointed as VP of Exploration and will assist the company in advancing its existing projects and in evaluating new projects both inside and outside of China. Mr. Kornze has more than 30 years of exploration and mining industry experience throughout North, Central, and South America, as well as in Europe and Asia, including China. Mr. Kornze's experience includes gold, silver, copper and uranium exploration with major discoveries. He has been involved with numerous major mineral exploration and mining companies-most recently for Barrick Gold Corporation as the Regional Manager for Mexico and Central America.

During Mr. Kornze's career with Barrick, Larry was honored by Barrick Gold Corporation, who used the last two letters of his name "ZE" to name the BetZE gold deposit in Nevada. Betze is the deposit that made Barrick. Larry Kornze drilled off 40 million ounces of gold reserves for Barrick at Betze.

Mr. Kornze is also a Director of Candente Resources Corp., Gold Summit Corp., X-Cal Resources Ltd., Mexivada Mining Corp., and other companies.

Mr.Kornze is a Registered Professional Engineer with APEG of BC, a Geological Engineer and a Qualified Person under NI 43-101. He is a Member of the Geological Society of Nevada, the Society of Mining Engineers and Metallurgist of AIME, the BC Chamber of Mines, and the Prospector's and Developer's Association.

"We are very happy to have a person of Larry's credential joining Dynasty's team," commented Dynasty interim President and CEO Ivy Chong. "Larry brings with him a strong track record in identifying and developing mineral projects worldwide. Dynasty will benefit from Larry's global exploration and mining experience as we continue to advance and grow our project portfolio."

Dynasty further announces granting 200,000 stock options at $0.10 exercisable over 5 years to Mr. Kornze. All stock options granted are subject to TSX Venture's approval and vesting period as per the Company Stock Option Plan.

Dynasty Gold Corp. is a Canadian gold exploration company in China with a defined gold resource and exploration programs at prospective gold properties in the northwest of China. For more information on the Company and its projects, please refer to the website, www.dynastygoldcorp.com.


Ivy Chong, Interim President & CEO

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.

Contact Information

  • Dynasty Gold Corp.
    Ivy Chong
    Interim President & CEO
    (604) 633-2100 or Toll Free: 1-888-899-9669
    (604) 484-3559 (FAX)
    Website: www.dynastygoldcorp.com
    Ascenta Capital Partners
    Jamie Mathers
    Investor Relations
    (604) 628-5800 or Toll Free: 1-866-684-4209
    Email: info@dynastygoldcorp.com