Dynasty Metals & Mining Inc. is an exploration-stage company engaged in the business of acquiring exploring, evaluating, and developing mineral concessions situated in Ecuador. The Zaruma Gold Project comprises 46 concessions, located in the El Oro Province of southwestern Ecuador, in the vicinity of the towns of Zaruma and Portovelo. As of December 31, 2008, 43 of the concessions are 100%-owned, one is 50% owned and one is 25% owned and subject to a concession-sharing agreement. The Jerusalem Project consists of one, 100%-owned concession, located in the Zamora Chinchipe Province of southeastern Ecuador, about 40 kilometers east of Zamora. The Dynasty Copper-Gold Belt Project is located in Loja Province of southwestern Ecuador and consists of 52, 100%-owned concessions. Five of the projects concessions are subject to a 1% net smelter return royalty (NSR Royalty).
(Source: ARS) – less – More from ZoomInfo »