Review Board states that environmental impact review phase is unnecessary
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announced today that it has received a positive report from the Mackenzie Valley Environmental Impact Review Board (MVEIRB) regarding the Report of Environmental Assessment for Tamerlane’s Pine Point Project.
In their report, MVEIRB recommended in favor of Tamerlane’s application stating, “It is the Review Board’s opinion that the proposed development is not likely to have any significant adverse impacts on the environment or be a cause of significant public concern.” MVEIRB further recommended that the normal process of environmental impact review not be conducted, and that the application process be advanced to the final regulatory phase. The full report issued by MVEIRB is available for viewing on MVEIRB’s home page at http://mveirb.nt.ca/index.php.
Ross Burns, President & CEO, said: “We are very pleased with MVEIRB’s decision, as this is a major milestone for Tamerlane’s permit approval process. Tamerlane now anticipates an expeditious approval of all operating permits. The Company has worked closely with local communities, regulatory officials and other stakeholders for over 2 years to prove the sustainability and benefits of the Pine Point project from both environmental and socioeconomic perspectives. Today’s announcement is a culmination of these efforts.”
“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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