Welcome to Dynasty Metals Australia

Dynasty Metals (ASX Code: DMA) is a dynamic Australian exploration company focused on developing its iron ore projects.

Dynasty owns extensive (~3600km²), 100%-owned tenements at Prairie Downs in Western Australia's Pilbara region.

Initial drilling at Prairie Downs during 2009 provided strong confirmation of Dynasty’s geological model and discovered extensive Detrital Channel Iron deposits.

In March 2010, Dynasty announced initial JORC-Compliant Inferred Resources of 453 million tonnes of Detrital Channel Iron and 23.3 million tonnes of Marra Mamba Iron Formation.

The 2010 exploration programs are underway and are aimed at further testing and significantly expanding the current resources, as well drilling a large iron-rich basal conglomerate for the first time. The exploration target is more than 1 billion tonnes of iron.

During 2010, Dynasty plans to commence detailed commercial investigations that will cover preliminary mine planning, beneficiation process design, mining and processing costs, transport infrastructure, capital costs, environment and native title clearances, and government approvals.

These investigations will form the basis for a pre-feasibility study which is anticipated to commence in late 2010.

The potential development of Dynasty’s Detrital Channel Iron deposit is likely to benefit from the following economic advantages:

• Economies of scale (>15 Mtpa operation);
• Low mining costs due to a low to negligible strip (waste to ore) ratio and a free digging, relatively soft, unconsolidated iron deposit;
• Simple physical processing to achieve marketable grades of iron & silica; and
• Sweet spots, high-grade zones and hematite ores all contribute to uplift average grades.

Dynasty is implementing its strategic plan to rapidly emerge as a Pilbara iron ore producer.
In addition to iron ore, Dynasty has a broad portfolio of exploration projects in Western Australia, Northern Territory, Queensland and Victoria which include gold, uranium, coal, coal seam gas and other minerals.

The focus of the Company is iron ore. Therefore Dynasty is rationalising its non-iron tenements into three subsidiary companies which will alternatively hold uranium, gold, base metals, coal and coal seam gas exploration targets.