Operating Subsidiary Millenium Mining Expects to Increase Production through Joint Venture

Dolat Ventures Inc. (OTC PINK: DOLV) announced today that it has completed a corporate restructuring and that Millenium Mining LLC its wholly owned subsidiary has signed a joint venture partnership with a private investor to restart diamond mining at its mining location near Bo, Sierra Leone. The joint venture will be financed by private funds, for the purpose of dredging, mining, continuing exploration and collecting and selling diamonds, and other deposits and Millenium Mining will put forth its mining license with all landowners in the Tikonko Chiefdom into the joint venture.

“It has been a long time, but we are finally ready to move from artisanal mining on the Sewa River, to full scale diamond production and automation,” said Dovid Hauck, Chief Executive Officer of Dolat Ventures and Millenium Mining. “Historically where we are located we have averaged approximately 0.4 carats per ton of rock, with a daily average of six to ten tons of production per day by artisanal mining when in production. By being able to fully dredge, get the modern equipment needed, and fully automate we will expect to process up to 800-1000 tons of rock per day. We have been mining here for nearly eight years and we know the carat concentration averages are fairly steady, the business is built on being able to process large amounts of rock every single day,” he added.

Dolat's Millenium Mining is located in the Sewa River, located in the heart of Sierra Leone, formed by the junction of the Bagbe and Bafi rivers; it flows 150 mi (240 km) to join the Waanje River and form the Kittam, which empties into the Atlantic Ocean. The country's most important commercial river, it has historically produced the bulk of Sierra Leone's diamond exports.

Mr. Hauck noted, “Our investing partner is committed to the full range of financing needed for the project and we expect to be able to announce full details shortly. We presently are finalizing Sierra Leonean legal agreements, with the US based joint venture agreements already signed.”

For more information please visit: www.dove-diamonds.com

About Dolat Ventures Inc. (OTC: DOLV)

Dolat Ventures Inc. through its wholly owned subsidiary Dove Diamonds & Mining intends to sell, market, cut and distribute its diamonds and gems around the world. Millenium Mining LLC is the company’s wholly owned subsidiary, and mining site located near Bo, Sierra Leone. The company has been in operations for nearly eight years and has sold its rough diamonds in the United States. The company intends to purchase rough and uncut diamonds and gems from international suppliers globally.

Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Dovid Hauck - PresidentPhone: (702) 751- 3560EMAIL info@dove-diamonds.cominfo@dolatventures.comWeb : www.dolatventures.com

Dolat Ventures Inc.Dovid Hauck, 702-751-3560Presidentinfo@dove-diamonds.cominfo@dolatventures.comwww.dolatventures.com

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