Dynasty Gold Announces Golden Repeat, Nevada 2011 Exploration Program May 10, 2011

Dynasty Gold Corp. (TSX VENTURE:DYG)(FRANKFURT:D5G) ("Dynasty" or the "Company")
is pleased to announce its planned summer 2011 exploration program for the
Golden Repeat property located in the Midas Region of Nevada. The Company signed
a definitive earn-in agreement for the property on January 12, 2011 (please
refer to the December 10, 2010 Stockwatch news release). The Company plans a
staged drill program on the property. The proposed first phase drill program
consists of 1,230 meters of drilling. It is designed to follow-up previous drill
intercepts on the eastern portion of the Golden Repeat property. Romarco drilled
a total of seven drill holes on the Golden Repeat property in the 1990's.
Several of these drill holes intercepted anomalous gold values up to 2.410 ppm
Au. These intercepts are at a relatively high stratigraphic level. Drilling by
Meridian/Yamana Gold in 2007 and 2008 encountered high-grade gold and silver
intercepts 790 m to the southeast in an altered rhyolite unit that extends to
the northwest below the Golden Repeat property. 


That particular rhyolite unit appears to be more favorable for the development
of mineralized quartz veins. The favorable rhyolite unit underlies the anomalous
Romarco drill intercepts. The proposed drill target in the eastern portion of
the Golden Repeat property is to drill down dip of Romarco's intercepts to hit
the zone in the more favorable rhyolitic unit. Five holes are planned. Two holes
will test the upper and mid levels of the favourable rhyolite. Two holes will
step 160 meters north and repeat the two-level test in the rhyolite. A fifth
drill hole is an alternate that was targeted on anomalous surface soil
geochemistry. 


In addition to the first phase drill program, the Company also intends to
conduct geochemistry and geophysics on the remaining 90% of the property. This
work may also generate new drill targets. Second phase drill program will be
determined following the outcome of first phase drill program and the
interpretation of geochemistry and geophysics data.


About Golden Repeat Property

The Golden Repeat property is situated in western Elko County, north-central
Nevada, and 68 km northeast of the town of Winnemucca and easily reachable by
road from I-80. The property consists of 49 lode mining claims for approximately
890 acres. 


(Please visit the following link to view Figure 1, Northern Nevada Rift
Aeromagnetics: http://media3.marketwire.com/docs/dyg510i.pdf) 


The Golden Repeat claims cover a portion of an epithermal vein system that is
located near the western margin of the Northern Nevada Rift (NNR). Crustal
extension and associated magmatism related to the NNR developed during the
mid-Miocene (17 to 14 Ma) and formed a linear north-northwest trending basin
that accumulated thick sequences of volcanic, hypabyssal intrusive and
syn-sedimentary rocks. Numerous epithermal systems developed along the
extensional faults related to the NNR and are essentially coeval in age.
Historic and modern exploration has investigated many of these paleo-epithermal
systems and some have resulted in the discovery of bonanza-grade epithermal vein
deposits and prospects, which include Ken Snyder, Hollister (Ivanhoe), Mule
Canyon, Fire Creek, Buckhorn and Buckskin- National. Evolving Gold's Jake Creek
property to the Northeast of Golden Repeat property has recently intersected
45.7m at 0.97 g/t and 1.5m at 11.3 g/t of gold. The stronger magnetic response
of the volcanic and intrusive units related to the NNR produce a strong linear
magnetic anomaly that shows a close spatially relationship to many of the mines
and prospects that have ages of mineralization that correspond to the
development of the NNR (Please visit the following link to view Figure 1,
Northern Nevada Rift Aeromagnetics:
http://media3.marketwire.com/docs/dyg510i.pdf). 


The mineralizing system exposed at the Golden Repeat property is similar to the
high-grade mineralization being exploited by Newmont at the Ken Snyder mine
located 10 miles to the east-northeast where the bonanza veins are commonly
spatially associated with rhyolite units. At the Golden Repeat property,
rhyolite units are found at several stratigraphic levels and are interpreted to
be intrusive domes. 


This press release is reviewed by Larry Kornze, a Qualified Person under
National Instrument 43-101. 


About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration company currently focused on
gold exploration in North American. Two active exploration programs in Nevada US
and Quebec, Canada are underway. 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.

Ivy Chong, President and 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.
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