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DYG.V ·

Dynasty Gold’s Rock Samples Returned up to 4.09 g/t Gold on the Thundercloud Property in Ontario

Drill Results Exploration Programs Sampling & Geoscience Results

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Press Release 19-01-1

Trading Symbols: TSX-V: DYG

FWB: D5G

OTC: DGDCF

Dynasty Gold’s Rock Samples Returned up to 4.09 g/t Gold on the

Thundercloud Property in Ontario

January 14, 2019

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

or the "Company") is pleased to report results of t he final mapping and rock sampling program at the

Thundercloud property, optioned from Teck Resources Limited (“Teck”) early last year (see press

release dated February 1, 2018). The Property is i n the central Wabigoon greenstone gold belt, 47

kilometers southwest of Dryden, Ontario.

Following the completion of the summer rock chip sa mpling program, which was centered at the

Glatz outcrop in the West Contact zone (Press relea se of August 22, 2018), the recently completed

mapping and rock sampling program was focused on th e potential trench and drill-targets areas

around the Glatz outcrop and extended to other part s of the Property where previous IP surveying

identified high chargeability and resistivity anoma lies. The assay results for sixty-four grab samples

extended the anomalous area. Highlights of the assa y results included a grab sample taken near

Trench 3 in the north end of the West Contact zone, a silicified mafic volcanic, that assayed 4.09 g/t

Au, indicating gold potential outside of the younge r Temiskaming-like sediments. The typical silver

and telluride pathfinder elements characteristic of the Western Contact area were also elevated,

illustrating the potential proximity to an oxidized intrusion typical of many Archean gold deposits. A

sample returning 0.72 g/t Au came from Trench 8 (be tween the Pelham zone and the West Contact

zone) from a sheared felsic unit. A grab sample th at assayed 0.61 g/t Au was taken 30 m west of the

Glatz outcrop, confirming it as trenching Target Ar ea 1. A grab sample that assayed 0.54 g/t Au was

collected from trenching Target Area 2, where historic samples taken by Glatz had assayed 2.10, 7.27

and 6.09 g/t Au. Further work is planned on the structural controls to mineralization.

Two previously developed drill targets on the Pelha m Zone are ready for drill testing. Two proposed

drill-holes will have the dual purpose of confirmin g the existence of a parallel footwall zone plus

testing the down-plunge potential of the Pelham Zone itself at a vertical depth of 180 and 225 meters.

These holes are designed to verify the potential fo r expanding the historic (non 43-101 compliant)

resource of 5.56 MT at 1.60 g/t.

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

using the ME-MS61 package. This press release was r eviewed by Andrew Tims P. Geo, a Qualified

1613 - 610 Granville Street

Vancouver, BC, V6C 3T3

Tel. (604) 633-2100

Fax: (604) 484-3559

www.dynastygoldcorp.com

Press Release 19-01-1

Trading Symbols: TSX-V: DYG

FWB: D5G

OTC: DGDCF

Person under the definition of National Instrument 43-101.

Expenditure Schedule Revision and Drill Permit Update

The Company has reached an agreement with Teck to revise the Thundercloud property expenditure

schedule until all requirements related to the permit application are met.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration c ompany 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 .

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.