Environmental Review Board Recommends In Favor Of Tamerlane's Pine Point Project



    Review Board states that environmental impact review phase is unnecessary

    BLAINE, WA, Feb. 25 /CNW/ - 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

    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.





For further information:

For further information: Brent Jones, Manager of Investor Relations,
E-mail: bjones@tamerlaneventures.com, Phone: (360) 332-4653, Fax: (360)
332-4652, Website: www.tamerlaneventures.com

Organization Profile

TAMERLANE VENTURES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890