Dynasty Receives Conditional Approval Of Previously Announced Spin-Off Of Copper Duke Gold/Copper Project

Dynasty Receives Conditional Approval Of Previously Announced Spin-Off Of Copper Duke Gold/Copper Project

October 25th, 2007

Vancouver, B.C., October 25, 2007 - Dynasty Metals & Mining Inc. (TSX: DMM, the “Company” or “Dynasty”) is pleased to announce that the TSX Venture Exchange (the “Exchange”) has conditionally approved the previously announced agreement to sell the core concessions of its Copper Duke gold/copper project (the “Copper Duke project”) to SBI Skin Biology Incorporated (“SBI”), a publicly-traded company listed on the TSX Venture Exchange’s NEX Board, for 51,000,000 common shares of SBI and a 2% net smelter royalty on all minerals extracted from it (the “Transaction”).

The conditional approval of the Exchange is subject to SBI fulfilling all of the requirements of the Exchange, including obtaining shareholder approval of the Transaction. The previously announced private placements of SBI, for aggregate gross proceeds of approximately $6,000,000, are expected to close concurrently with the closing of the Transaction.

Upon completion Dynasty will control approximately 60% of the outstanding shares of SBI. It is expected that the closing of the Transaction will occur as soon as reasonably possible following shareholder approval.

About Dynasty Metals & Mining

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.

The Company has two advanced-stage projects, Jerusalem and Zaruma, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield, the Copper Duke Project and the Marianna Joint Venture among other prospects.

Dynasty Metals & Mining Inc.
Robert Washer, President and CEO

For further information please visit the Company’s website at www.dynastymining.com, or please contact

Dynasty Metals & Mining Inc.
Murray Oliver
Tel: (604) 687-0888
Email: info@dynastymining.com
Brisco Capital Partners Corp.
Gordon Aldcorn
Tel: (403) 262-9888
Email: Gordon@briscocapital.com


This news release includes “forward-looking information”, as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, statements relating to the economic feasibility of, and the nature and timing of mine construction and mining operations at, the Company’s Zaruma Gold Project; and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company’s limited operating history; the need to comply with environmental and governmental regulations; political and economic instability and general civil unrest in Ecuador; potential defects in title to the Company’s properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties, including those described in the Company’s Annual Information Form dated February 19, 2007 filed with the Canadian Securities Administrators and available at www.sedar.com. Accordingly, actual future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking information.
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