Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has received results from metallurgical testing performed on drill core from the Company’s 2007 drilling program. The test results announced today further support the viability of Dense Media Separation (DMS) as a method to upgrade the additional lower-grade open pit deposits that were not of sufficient grade to support conventional mining during the previous Cominco Pine Point operations.
Highlighted in today’s test results were combined drill core composites from the O-556 and Z-155 deposits of Tamerlane’s Pine Point property, located in the Northwest Territories, Canada. The drill core composite had an initial headgrade of 2.97% Pb and 4.71% Zn, which was upgraded 250% through DMS to 7.43% Pb and 11.82% Zn at metal recoveries above 98%, exceeding the Company’s expectations. Metallurgical testing also showed that there is no significant difference in metal recovery or the effectiveness of DMS process overall between crushing ore to -1/2 inches and -1/4 inches. This is significant because it shows that in the updated feasibility study, the crushing process will be to -1/2 inches, which is less intensive than the -1/4 inches process that will be utilized in processing ore from the R-190 deposit (for more information about the feasibility study and NI 43-101 report for the R-190 deposit please see August 24, 2007 press release).
The results of the metallurgical testing announced today will be incorporated into future feasibility studies on more than 16 additional deposits currently in the historical resource category.
Ross Burns, President & CEO, said: “We are very pleased with these results for the lower grade ores known in the Pine Point district. DMS is a key component of the Pine Point project, and the test results provide further evidence of the viability of long-term mining operations, both with the existing NI 43-101 compliant resources and the historical resources currently owned by Tamerlane.”
“Ross F. Burns”
President & CEO
For further information, please contact:
Brent Jones, Manager of Investor Relations
Phone: (360) 332-4653
Fax: (360) 332-4652
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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.