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DYG.V ·

Dynasty Gold’s Rock Chip Samples on the Thundercloud Property Return 3.03 g/t Gold over 30 meters

Drill Results Sampling & Geoscience Results

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Press Release 18-08-1

Trading Symbols: TSX-V:

DYG

FWB: D5G

OTC: DGDCF

Dynasty Gold’s Rock Chip Samples on the Thundercloud Property

Return 3.03 g/t Gold over 30 meters

August 22, 2018

Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF)

("Dynasty" or the "Company") is pleased to report t he results of a sampling program

conducted on targets in the West Contact Zone at th e Thundercloud property, in the central

Wabigoon greenstone belt in Western Ontario, 47 kil ometres southwest of Dryden, Ontario.

Rock chip samples were collected at the Glatz Outcr op and grab samples were taken from

Trench 07-2 where 2007 trench samples returned gold values ranging from 1.0 g/t to 9.8 g/t,

averaging 8.02 g/t over 39 meters including an impressive 89.4 g/t over 3 meters.

New rock chip samples collected over the Glatz Outc rop, immediately south of Trench 07-2,

returned 3.03 g/t gold over 30 meters of outcrop. T his extends the zone of significant gold

mineralization from the original Trench 07-2 area w hich returned 8.02 g/t gold over 39.0

meters for at least another 30 meters to the south and remains open in all directions. Assay

results for the grab samples taken in the Trench 07 -2 area returned gold grades that are

consistent with the 2007 results.

“We are excited about the new data generated by the pre-drilling surface program. Together

with Teck’s 2007 trench data, the strike length for gold mineralization has now been

extended to 69 meters (8.02 g/t gold over 39.0 mete rs followed by 3.03 g/t gold over 30

meters), and it is still open in all directions,” c ommented Ivy Chong, President and CEO.

“This is a very significant surface showing.”

Recent review of geophysical data also indicated th at there are many untested high IP

chargeability and geochemical targets. The size, tr end and structural controls on the West

Contact Zone and the untested geophysical anomalies on many parts of the Property need

further study and follow up. The next phase of the program is to prioritize drill targets on the

West Contact and Pelham zones, as well as areas wit h strong untested geophysical signatures

over other parts of the Property.

The samples were delivered to ALS lab in Thunder Bay, Ontario and assayed for 48 elements

using the MEMS 61 package. This press release was r eviewed by Larry Kornze, a director of

the Company and a Qualified Person under the definition of National Instrument 43-101.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration c ompany currently focused on gold

exploration in North America. For more information on the Company and its project s,

please refer to the website www.dynastygoldcorp.com .

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Press Release 18-08-1

Trading Symbols: TSX-V:

DYG

FWB: D5G

OTC: DGDCF

ON BEHALF OF THE BOARD OF

DYNASTY GOLD CORP.

“Ivy Chong”

_________________________________

Ivy Chong, President & CEO

For additional information please contact:

Vancouver Office :

Iv y Chong

Phone: 604.633.2100. Email: [email protected]

This press release contains certain "forward-lookin g statements" that involve a number of risks and un certainties. There can be no

assurance that such statements will prove to be acc urate and actual results and future events could di ffer materially from those anticipated

in such statements. The TSX Venture Exchange has no t reviewed and does not accept responsibility for t he adequacy or accuracy of this

release.