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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (20543)	9/8/2006 3:28:28 PM
From: E. Charters	Read Replies (1) \| Respond to of 78418

Pine Point is an old Cominco Mine. Now probably worth revisiting for its zinc, as it was never mined out. BLAINE, WASHINGTON--- Aug. 11, 2006) - Tamerlane Ventures Inc. TAM/TSXV is pleased to announce that the feasibility study to return the Pine Point zinc-lead mine to production is on track. The feasibility study includes mining the R-190 deposit, which is the highest grade deposit, as a pilot project to determine the applicability of the freeze ring technology, dense media separation technology and vertical conveyor technology to the Pine Point deposits. The pilot project, which will involve mining the entire R-190 deposit, is targeted to provide data to allow the evaluation of the remaining 34 deposits. Returns from this test mining program will be applied to repay capital and mining costs with any excess returns being applied to finance construction of the concentrator, which is required to place the remaining deposits into production. The R-190 project is currently undergoing environmental assessment in which the Company is scheduled for scoping sessions in Hay River and Fort Resolution on August 16 and 17, 2006. The Mackenzie Valley Environmental Impact Review Board will then generate a list of items requiring further information or explanation from these meetings, by early September, which it will deliver to Tamerlane. Tamerlane will then respond to this with a developer's report. The second level baseline environmental studies will be completed by EBA Engineering before the end of August 2006.