Dynasty Gold Corporation"s Red Valley project has intersected additional significant gold mineralization at its Chauncigou prospect of the Red Valley property in China.

Drill results have reported 15 metres @ 3.20 grams per tonne gold in hole DH031 (including: 3 metres @ 4.89 grams per tonne gold, and 1 metre @ 13.0 grams per tonne gold; 5 metres @ 3.53 grams per tonne gold in hole DH032, and 5 metres @ 1.36 grams per tonne gold (including 2 metres @ 2.83 grams per tonne gold); 3 metres @ 1.09 grams per tonne gold in hole DH033; 4 metres @ 1.56 grams per tonne gold in hole DH053, and 2 metres @ 2.14 grams per tonne gold.

The Chuancigou prospect has a large coincident gold, arsenic, antimony and mercury anomaly overlying major structural trends. Results from the 2006 drill program to date have returned very encouraging results which highlight the potential for the property to host a significant gold deposit and provide Dynasty with additional geologic information to help target the core of the gold system in subsequent programs.

Dynasty president and CEO Brian McEwen says: "We are eagerly awaiting the final assays from the 2006 program at Red Valley.

"We are happy with the results so far and we look forward to receiving the remainder of the data so that we can plan our next exploration season."

Dynasty Gold Corporation is a leading Canadian gold exploration company in China with three highly prospective gold properties currently being explored through partnerships with AngloGold Ashanti and Avocet Mining.

Dynasty's Hatu property hosts a NI 43-101 compliant inferred gold resource of 912,600 ounces including 16.9 million tonnes at 1.68 grams/tonne gold, with a 1.0 gram/tonne gold cut-off.