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Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX-V: TAM) is pleased to announce the filing of its annual audited financial statements and management's discussion & analysis ("MD&A") for the Company's financial year ended December 31, 2011, as required by National Instrument 51-102 - Continuous Disclosure Obligations.

Tamerlane's complete financial statements and MD&A for the year ended December 31, 2011 are available for viewing on the Company’s website at www.tamerlaneventures.com and on SEDAR at www.sedar.com.

The Company also announced today that the Annual General Meeting of Shareholders will take place at 11:00 a.m., on May 16, 2012. All meeting materials, including the Management Information Circular, are currently being delivered to shareholders. The meeting will be held at the offices of McMillan LLP, located at Suite 1500, Royal Centre, 1055 West Georgia, Vancouver, British Columbia. All shareholders of the Company are invited to attend.

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. The Company is currently in the financing phase and expects to commence construction following financing. Tamerlane plans to sell the well-known, Pine Point Concentrates to various smelting facilities around the world. The Company also plans to develop its Los Pinos heap leach copper project in Peru.

“Michael A. Willett”
Chief Executive Officer

For further information, please contact:
Tamerlane Ventures Inc.

Brent Jones
Director of Corporate Communications and Investor Relations
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: (360) 332-4636
Fax: (360) 332-5025
Website: www.tamerlaneventures.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.

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.