Tamerlane Intersects 30.15% Combined Lead-Zinc Over 105 Feet (32 Meters) And 14% Combined Lead-Zinc Over 150 Feet (45.7 Meters)



    BLAINE, WA, Jan. 30 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V)
announced today that it has intersected extensive high-grade lead-zinc
mineralization at the Company's Pine Point property, located in the Northwest
Territories, Canada. Drill hole Z155-TV2 returned a significant 105-foot true
vertical thickness of 30.15% combined lead and zinc, including an interval of
65 feet of 41.44% lead and zinc. Hole Z155-TV3 intersected high-grade of
14.08% combined lead and zinc over a 150-foot interval (true vertical
thickness 148 feet) and hole Z155-TV4 intercepted 11.52% combined lead and
zinc over 100-foot interval (91.6 feet true vertical thickness). The results
from today's announcement are summarized below:

    
                                Deposit Z-155

    -----------------------------------------------------------------------
                 Interval
                  (Feet)       Thickness     True      Average
    Drill Hole  ------------------------- Thickness ------------  Combined
      Number    From    To  Feet   Metres   (Feet)   %Zn    %Pb    %Zn+%Pb
    -----------------------------------------------------------------------
    Z155-TV2     317   342    25     7.62      25    4.24   1.27     5.51
    -----------------------------------------------------------------------
    Z155-TV2     357   462   105    32.01     105   23.93   6.22    30.15
    -----------------------------------------------------------------------
    Containing:  382   447    65    19.81      65   33.20   8.24    41.44
    -----------------------------------------------------------------------
    Z155-TV2     467   487    20      6.1      20    4.24   0.55     4.79
    -----------------------------------------------------------------------
    Z155-TV2     517   527    10     3.05      10   12.25   0.48    12.73
    -----------------------------------------------------------------------
      Z155-TV2 was drilled at -90 degrees and represents the true vertical
      thickness of the prismatic deposit.
    -----------------------------------------------------------------------
    (*)Z155-TV3  217   407   190    57.93   187.9    5.77   6.05    11.82
    -----------------------------------------------------------------------
                 217   237    20      6.1    19.8    4.29   1.98     6.27
    Containing: -----------------------------------------------------------
                 257   407   150    45.73   148.4    6.70   7.38    14.08
    -----------------------------------------------------------------------
    Z155-TV3     487   502    15     4.57    14.8    3.14   0.91     4.05
    -----------------------------------------------------------------------
       Z155-TV3 was drilled at -81.5 degrees.
    -----------------------------------------------------------------------
    Z155TV4      247   347   100    30.49    91.6    7.71   3.81    11.52
    -----------------------------------------------------------------------
      Z155-TV4 was drilled at -66.4 degrees.

    (*) One lead assay of a 5 foot section was reported as (greater than)30%
    and another technique is currently establishing the high grade assay.
    30% was used in this report.


                                 Deposit X-25

    -----------------------------------------------------------------------
                 Interval
                  (Feet)       Thickness     True      Average
    Drill Hole  ------------------------- Thickness ------------  Combined
      Number    From    To  Feet   Metres   (Feet)   %Zn    %Pb    %Zn+%Pb
    -----------------------------------------------------------------------
    X25-TV1      507   537    30     9.15      30    4.74   1.56     6.30
    -----------------------------------------------------------------------
    Containing:  522   537    15     4.57      15    8.17   2.15    10.32
    -----------------------------------------------------------------------
      X25-TV1 was drilled at -90 degrees and represents the true vertical
      thickness of the prismatic deposit.
      The drill hole was lost at the top of the ore zone. The original
      design depth for the hole was 640'.
    -----------------------------------------------------------------------
    X25-TV2      427   477    50    15.24    44.1    4.85   1.37     6.22
    -----------------------------------------------------------------------
    Containing:  437   472    35    10.67    30.8    6.18   1.87     8.05
    -----------------------------------------------------------------------
      X25-TV2 was drilled near the perimeter of the deposit as an in-fill
      hole at -61.8 degrees.


                                 Deposit O556

    -----------------------------------------------------------------------
                 Interval
                  (Feet)       Thickness     True      Average
    Drill Hole  ------------------------- Thickness ------------  Combined
      Number    From    To  Feet   Metres   (Feet)   %Zn    %Pb    %Zn+%Pb
    -----------------------------------------------------------------------
    O556-TV2     425   447    22      6.7      22    6.54   2.47     9.01
    -----------------------------------------------------------------------
    O556-TV2     487   577    90     27.4      90    5.70   2.54     8.24
    -----------------------------------------------------------------------
    Containing:  556   577    21      6.4      21   19.16   5.03    24.18
    -----------------------------------------------------------------------
      O556-TV2 was drilled at -90 degrees and represents the true vertical
      thickness of the prismatic deposit.
    -----------------------------------------------------------------------
    O556-TV3     562   572    10     3.05     9.2   17.77   0.97    18.74
    -----------------------------------------------------------------------
      O556-TV3 was drilled as an in-fill hole at -64.9 degrees.
    

    As previously announced, the Company will first mine the R190 deposit at
Pine Point, which has proven reserves of 1,000,027 tonnes at a grade of 11.16%
zinc and 5.49% lead (ref: August 24, 2007 Tamerlane press release).
    Tamerlane completed the feasibility study for the R190 deposit in August
2007, and is now in the process of completing an updated feasibility study
that will include NI 43-101 compliant reserves / resources and mine plans for
5 additional deposits in close proximity to R190. These deposits will be
accessed using infrastructure developed at R190.
    The assay results announced today are part of the confirmation drilling
program commenced in November 2007 for the purpose of converting a portion of
indicated and historical resources into proven and probable reserves.
Additional drill results will be forthcoming as confirmation and in-fill
drilling continue on the property. Tamerlane will announce the updated
NI 43-101 technical report and feasibility study when the current drilling
program is complete and the subsequent reports are reviewed and overwritten by
third party technical consultants.
    The Pine Point Property's remaining historical(*) resources, totaling 50.9
million tonnes at a grade of 3.84% zinc and 1.24% lead, will be the target of
a 2008 confirmation drilling program scheduled to begin January 22, 2008.
    (*) Note: a qualified person has not done sufficient work to classify the
    historical estimate as current mineral resources, the issuer is not
    treating the historical estimate as current mineral resources and the
    historical estimate should not be relied upon.

    Ross Burns, President & CEO, said: "Thick, high-grade, lead-zinc
intersections such as these plus the existing infrastructure, which includes
paved roads, hydro and access to the railroad gives Pine Point everything it
needs to become one of Canada's most profitable base metal mines."
    The results herein described have been prepared under the guidance of
Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a
Qualified Person with the ability and authority to verify the authenticity and
validity of the data. The drill program was carried out under the direct
supervision of Mr. Wolfgang Schleiss, B.Sc. Samples and assay results for lead
and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using
industry standard assay techniques for ore grade lead and zinc mineralization.

    "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

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