Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) is pleased to announce that the Company has finalized an engineering contract for the freeze development of the R-190 deposit for the Pine Point Project, located in the Northwest Territories, Canada. Tamerlane has contracted Layne Christensen Company to carry out engineering and design of the freeze perimeter, which is a major component of the development of the R-190 deposit.
Tamerlane’s proposed freeze perimeter will employ ground freezing techniques that have been used extensively for groundwater control and excavation support in the underground construction industry for over 100 years.
Work to be performed by Layne Christensen will include the engineering design of the freeze system for the R-190 Deposit.
Ross Burns, President & CEO, said: “We are pleased that we have selected Layne Christensen Company for the freeze perimeter work. This represents another significant step toward putting Pine Point back into production. As previously announced, the results of the feasibility study are expected to be released in the near future.
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
Phone: (360) 332-4653
Fax: (360) 332-4652
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
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.