Dynasty Gold Provides Rock Sample Assay Results on Golden Repeat Property in Nevada

Dynasty Gold Corp. (TSX VENTURE:DYG)(FRANKFURT:D5G) ("Dynasty" or the "Company")
is pleased to provide an update on the sampling program started July 7, 2011
(See press release of July 7, 2011). Analytical results have been received for
the forty-one rock chip samples that were taken during geologic mapping of the
eastern, southern, and adjacent peripheral areas of the property. All samples
were of altered rocks, and were taken to characterize the geochemistry of the
alteration and mineralization of the host rocks and local structures in the
mapped areas. Sample 29 returned over 10 ppm Au (10 g/t gold). This was a sample
from a float taken close to Romarco Mineral's drill hole GR-06c where previous
Romarco's samples in the vicinity carried up to 5.99 ppm Au. Another sample
carried 1 ppm Au and came from an outcropping vein located at a convenient spot
relative to the existing road and drill sites that have been conditionally
approved for drilling by Bureau of Land Management in Elko County, Nevada
("BLM"). Many samples carried between 20 to 100 ppb Au, indicating widespread
anomalous mineralization. 


Dynasty has posted a bond which was required to meet the terms of the final
drill permit approval as set forth by BLM. The final approval is expected soon
(See press release of August 9, 2011). Upon final approval, Dynasty plans to
drill the outcropping vein that was identified during the surface work and
another separate structural target that was previously proposed by Yamana Gold.
The geologist on site will determine whether a second drill hole is warranted at
each of the two drill locations before the rig leaves the property.


This press release was reviewed by Richard Jones, P.Geo, a Qualified Person as
defined by National Instrument 43-101.


About Golden Repeat Property, Nevada, USA

The Golden Repeat property consists of 49 claims located on the north slope of
the Midas Trough, along the Carlin Trend, within the Northern Nevada Rift. These
claims host many geological similarities to the well-known Midas Gold District.
Ten miles to the east of the property is Newmont's Ken Snyder mine (6.41 million
ounce gold reserves as of 2007 at over 14 g/t), an epithermal, bonanza-type
gold-silver bearing system. Additionally, three major sediment-hosted gold
mines, Barrick's Getchell and Pinson Mines and Newmont's Twin Creeks Mine, lie
10-15 miles west of the property. Two distinct targets exist on the property.
One is a volcanic-hosted epithermal occurrence, similar to Newmont's Ken Snyder
deposit. The other is a sediment-hosted, gold mineralization beneath the
tertiary volcanic rocks. The property was drilled by Goldfields in 1992 to 1994
and Romarco in 1997/1998. The most recent work completed on the property was in
2006. 


About Opinaca D Property, Quebec, Canada

The Opinaca D property consists of 188 claims over a surface area of 98 km2 and
sits on the Eastmain Greenstone gold belt. The property is located about 14 km
northwest of Goldcorp's Eleonore deposit. The Eleonore deposit hosts over 3
million ounces of gold reserves at a grade of 7.56 g/t gold, and over 4 million
ounces of inferred resources at a grade of over 10 g/t gold. Goldcorp is
currently investing $1.4 billion to build an underground mine to produce 600,000
ounces of gold from 2014. The Eleonore mine will contribute 22% of Goldcorp's
total gold production. Dynasty's Opinaca D property will benefit from Goldcorp's
infrastructure building in the area. In particular, a planned 60 km road,
providing access to the Eleonore property, will directly crosscut the Opinaca D
property. Major access to the region includes a north-south paved highway (LG2)
extending from Matagami to Radisson. 


Extensive surface exploration work done by Eastmain Resources between 2005 and
2008 has identified a number of sediment-hosted gold occurrences, similar to
Goldcorp's Eleonore deposit in geological setting. Ten drill targets identified
by Airborne VTEM (Versatile Time-Domain Electro Magnetics) were recommended and
four coincided with significant geochemistry anomalies. 


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 & 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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