Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to announce that it has completed drilling at the N204 deposit, which is part of the Company�s Pine Point Lead/Zinc (Pb/Zn) project in Northwest Territories, Canada. The Company has received assays from 14 of the 23 holes drilled, which totaled 1,433 meters, and was drilled by ProCore Drilling of Hay River, Northwest Territories.

�The objective of the drill program is to confirm and bring to National Instrument 43-101 resource standards a large historical resource that is close to surface and amenable to open pit mining. This additional deposit could provide a significantly larger resource base for the Company, and add considerable years to the mine life reported in our bankable feasibility study completed in 2008. The assays received to date confirm that grade and the extent of the mineralization is comparable to the historic holes drilled by Pine Point Mines Ltd., and will now allow our technical team to continue to build additional resources well above our confirmed NI 43-101 reserves and resources,� commented Ross F. Burns, President & CEO of Tamerlane Ventures.

�We expect to complete metallurgical testing on the mineralization to determine its upgradability utilizing the dense media separation (DMS) process. At Tamerlane�s R190 deposit, for example, the low grade mineralization showed an approximate tenfold increase in grade when using the DMS process. If successful, the Company will be able to identify exceptional upside potential well above our robust bankable feasibility study.�

About N204 Deposit

The N204 deposit contains a historic (non National Instrument NI 43-101 compliant) resource of 16.3 Mt (at 30% dilution) with an average combined Zn+Pb grade of 4.03%. The deposit is hosted within the B Spongy facies of the Pine Point Formation and is situated at a shallow depth with dry ground conditions, which makes it amenable for potential development by open pit mining methods.

The results of significant drill hole intercepts are tabulated below, along with several cross-sections delineating the ore intercepts for the new holes compared to the historic holes drilled by Pine Point Mines Ltd.

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