Tamerlane Continues to Advance Its Pine Point Lead-Zinc Project into Production
Published : April 13, 2011

In Engagements with Two Additional Key Consultants

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Keywords :   Canada | Copper | Lead | Market | Peru | Zinc |

BELLINGHAM, WASHINGTON--(Marketwire - April 13, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

Tamerlane Ventures Inc. ("Tamerlane" or "the Company") (News - Market indicators) announced today that it has engaged two well-known engineering companies to assist in the advancement of its Pine Point lead-zinc project in the Northwest Territories into production. These companies will be addressing key elements of the pre-construction engineering.

The Company is pleased to announce that it is currently working with AECOM. This firm is a well-known global provider of professional technical and management support services to a broad range of markets, and is a consistent leader in industry rankings for a variety of design services. AECOM is undertaking the surface geotechnical work at Pine Point.

Their project involvement will pertain to subsurface soil and groundwater conditions, site and subgrade preparation, excavations and backfilling, pavement structure, frost penetration, and the designs for all concrete foundations for the facilities to be built at Pine Point. Crews have been mobilized to the site and are currently performing geotechnical drilling at the proposed building locations.

Tamerlane is also pleased to have signed a contract with AMC Mining Consultants (Canada) Ltd, a leading mining consultancy that has provided services to the minerals sector in over 100 countries since 1983. AMC will be overseeing aspects of geotechnical drilling of the R-190 deposit. Based on their analysis of drill core and results of associated laboratory test work, AMC will provide recommendations for access development and stope design parameters (including sequencing extraction and backfilling). They will also recommend ground support requirements for the underground workings. AMC's activities will contribute to Tamerlane's finalizing all mining engineering relative to the Pine Point project.

"We are pleased to be working with two such experienced firms, both of which are recognized leaders in their respective fields," commented Mike Willett, CEO of Tamerlane Ventures. "They are both doing essential work prior to the actual construction phase."

Mr. Willett continued, "Our progress toward finalizing financing commitments and commencing construction at Pine Point has been steady. In addition to the recent engagement of such firms as AECOM and AMC Mining Consultants, we are also ramping up our internal technical staff. We have Tamerlane technical personnel working at the site with our consultants on these detailed engineering projects. In addition, our Corporate Liaison Officer, Randy Lewis, who is permanently located at our Hay River office, is working to identify local sources of labor, contracting services, and material supply for construction."

About Tamerlane Ventures Inc.

Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company's immediate focus is bringing the 100%-owned Pine Point project to production. Tamerlane plans to sell the well-known Pine Point Concentrates to various smelting facilities around the world. The Company is also developing its Los Pinos heap leach copper project in Peru.

On behalf of Tamerlane Ventures Inc.

Michael A. Willett, Chief Executive Officer

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments, as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and, accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include, but are not limited to, the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Tamerlane Ventures Inc.
Gregg Sloate
Director of Investor Relations and Corporate Communications
(360) 752-9462
(360) 752-9463 (FAX)
gsloate@tamerlaneventures.com
www.tamerlaneventures.com
Data and Statistics for these countries : Canada | Peru | All
Gold and Silver Prices for these countries : Canada | Peru | All

Tamerlane Ventures Inc.

DEVELOPMENT STAGE
CODE : TAM.V
ISIN : CA8750891043
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Tamerlane Ventures is a gold development stage company based in United states of america.

Tamerlane Ventures develops gold, lead and zinc in Canada, and holds various exploration projects in Canada and in Peru.

Its main asset in development is PINE POINT in Canada and its main exploration properties are CAROLIN MINE in Canada and LOS PINOS in Peru.

Tamerlane Ventures is listed in Canada. Its market capitalisation is CA$ 689 150 as of today (US$ 631 399, € 461 805).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.98, and its lowest recent point on May 21, 2014 at CA$ 0.01.

Tamerlane Ventures has 137 830 000 shares outstanding.

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Nominations of Tamerlane Ventures Inc.
2/22/2013Appoints New Chief Executive Officer
6/24/2011Announces Re-Election of Directors and Results of Annual Mee...
2/24/2011Appoints Gregg Sloate as Director of Investor Relations and ...
Financials of Tamerlane Ventures Inc.
5/30/2013Files Financial Results for the First Quarter of 2013
5/1/2013Files Financial Results for Year 2012
6/21/2011Reports First Quarter 2011 Financial Results and Conversion ...
4/29/2011Reports Financial Results for Year 2010
Project news of Tamerlane Ventures Inc.
4/5/2013(Los Pinos)s Los Pinos Peruvian Property Legal Developments
3/7/2011(Pine Point)Signs Contracts to Advance Its Pine Point Lead-Zinc Project ...
5/6/2010(Pine Point)Tamerlane Confirms Historical Resources
Corporate news of Tamerlane Ventures Inc.
8/22/2013Files for CCAA Protection
7/30/2013Misses Interest Payment and Receives Demand Notice from Lend...
7/30/2013Misses Interest Payment and Receives Demand Notice from Lend...
6/28/2013Announces Results of Annual General Meeting
6/28/2013Announces Results of Annual General Meeting
6/13/2013Announces Amendment to Forbearance Agreement in Respect of S...
4/23/2013(Pine Point)Engages Jennings Capital as Investment Banker for Pine Point...
3/28/2013(Pine Point)Interviewing Investment Banking Firms for Pine Point Project...
2/1/2013Amends Agreement to Acquire Indian Mountain Lake Property
1/24/2013Announces Closing of $1.7 Million Initial Tranche of Equity ...
1/7/2013Announces $2 Million Equity Financing
10/17/2012Provides Loan Update
9/26/2012Provides Update
7/6/2011(Pine Point)Completes Site Work at Pine Point With Goal of Commencing Co...
4/13/2011(Pine Point)Continues to Advance Its Pine Point Lead-Zinc Project into P...
3/17/2011(Pine Point)Plans to Expand Resources at Pine Point Lead-Zinc Project
2/17/2011Announces Signed Term Sheet for US$60 Million Senior Secured...
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