BLAINE, WA, July 31 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V)
announced today that it has been issued a Type A Land Use Permit by the
Mackenzie Valley Land and Water Board (MVLWB) in accordance with the Mackenzie
Valley Resource Management Act.
The MVLWB approved the Land Use Permit for a period of five years
commencing July 29, 2008 and expiring July 28, 2013.
With the receipt of this permit, Tamerlane may now begin construction at
the Company's Pine Point lead-zinc project, located in the Northwest
Initial construction activities will include grading and leveling,
drilling and installing freeze holes, installation of a freeze plant, shaft
sinking and related shaft infrastructure, surface structures and buildings,
and various other activities.
Ross Burns, President & CEO, said: "We are extremely pleased to have been
granted our land use permit in such a timely manner. Tamerlane will continue
working closely with the MVLWB and other regulatory agencies to obtain its
water license and complete the permitting process."
"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
For further information:
For further information: Brent Jones, Manager of Investor Relations,
E-mail: firstname.lastname@example.org, Phone: (360) 332-4653, Fax: (360)
332-4652, Website: www.tamerlaneventures.com