Dynasty Resources Limited

Dynasty Metals Australia Limited (ASX:DMA) directors submit their report for the half-year ended 31 December 2011.

Dynasty Metals Australia Limited (ASX:DMA) has released the following announcement regarding the positive scoping study results for Spearhole Detrital Iron Project.

Further to the announcement on 13th May 2011 that Dynasty Metals Australia Limited (ASX:DMA) ("the Company") had reached a JV agreement with China Coal Geology Engineering Corporation ("CCGEC") for Dynasty to farm-out its non-core base metal tenements, the Company is pleased to advise that CCGEC has received approval from the Foreign Investment Review Board (FIRB) allowing the JV to be able to proceed. Formalities are expected to be completed shortly.

Following the appointment of Mr Tom Pickett and Mr Bin Wang as directors of the Company at the 2011 AGM, Dynasty Metals Australia Limited (ASX:DMA) is pleased to advise that Mr Pickett has been appointed Non-executive Chairman and Mr Lewis Tay has been appointed Managing Director.

Following the discovery of 1.4Bt of ironstone gravel detritals within Dynasty Metals Australia Limited's (ASX:DMA) E52/1927 Prairie Downs project, beneficiation testing has been focusing on low cost gravity and magnetic processing without grinding for the 930 Mt inferred resource grading at >27%Fe. Material >6mm has been crushed to under 6mm for the testing.

Dynasty Metals Australia Limited (ASX:DMA) intends to despatch notice on 10 August 2011 to convene the 2011 AGM on 19 September 2011; An independent Chair to be appointed for the 2011 AGM; and Shareholders are able to exercise their constitutional and listing rule right to nominate candidates for directorships at the AGM 30 business days before the AGM.

Dynasty Metals Australia Limited (ASX:DMA) would like to provide an update on the legal actions challenging the EGM of 21 March 2011 and the purported S249D Notice.

Dynasty Metals Australia Limited (ASX:DMA) is pleased to provide Letter to Shareholders regarding recent events and achievements.

Dynasty Metals Australia Limited (ASX:DMA) is pleased to announce a placement of 13.5 million shares at 18 cents per share to two China based private investors to raise approximately A$2.3 million.

Dynasty Metals Australia Limited (ASX:DMA) is pleased to advice it has taken the next steps on its path to focus on its Pilbara iron ore tenements by agreeing a farm-out of its non-core base metal tenements (other than the Irwin River coal seam gas tenements) with China Coal Geology Engineering Corporation.