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18 October, 2010

Dumas Acquires Peruvian Mining Contractor

TORONTO, ONTARIO, 18 October 2010 – Dumas Contracting Ltd. (“Dumas”) today announced its acquisition of L&L Contratista Minera E.I.R.L. (“L&L”), a Peruvian mining contractor specializing in shaft sinking.

Commenting on the transaction, Mr. Daniel Dumas, President and Chief Executive Officer of Dumas, said, “The acquisition of L&L is an important initial step for Dumas into the rapidly growing mining market. As Peru’s only shaft-sinking mining contractor, L&L immediately positions Dumas as one of the leading contract miners in Peru.

The acquisition of L&L allows Dumas to leverage its operating experience, as one of Canada’s premier underground mining contractors, by expanding its services internationally into the vibrant Latin American mining sector,” said Mr. Dumas.

L&L, founded in 2007 by Laurent Lapointe, provides specialist shaft sinking services across Peru. L&L is currently sinking the Jacob Timmers Production Shaft for Compania Minera Chungar, a subsidiary of Volcan Compania Minera, in the province of Cerro de Pasco, Peru.

About Dumas

Dumas is one of Canada’s leading full-service underground mining contractors. Dumas specializes in technically challenging underground mining projects in mine construction, mine development, mine services and engineering. For more information visit www.dumasmining.com.

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