ann. coal seam gas exploration commences

COAL SEAM GAS EXPLORATION
IRWIN SEISMIC PROGRAM COMMENCES

Uranium and energy company Dynasty Metals Australia Ltd (ASX: DMA, “Dynasty”) is
pleased to advise that the Irwin seismic survey has commenced, with 3,500 metres
completed. The seismic contractors have advised that the initial raw data appears good,
with clear reflectors apparent so far on the first line.
The seismic program will assist Dynasty in identifying the locations of gaseous
sequences within and below the identified coal measures. The seismic survey is
conducted under a Special Prospecting Authority, covering the entire Irwin coalfield.
Upon completion of the survey and interpretation, Dynasty intends to apply for the
drilling permits to test drill the gas targets defined over the project area.
Interest in clean and renewable energies has been boosted with the Prime Minister
discussing the possibility of introducing an Australian carbon trading scheme. Dynasty
Managing Director Rita Brooks said “Coal seam gas is an energy source with a low
carbon footprint and should attract Carbon Credits under any proposed trading scheme”.
The seismic program is expected to continue over the next six weeks.