NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAW.


Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM) is
pleased to announce that there have been favorable developments in the Company's
efforts to regain undisputed control over its Los Pinos copper deposit in Peru,
which has been falsely claimed by former general manager Alexander Ernesto
Vidaurre Otayza, who stole the share registry of the Company's Peruvian
subsidiary Tamerlane Ventures Peru SAC.


In 2007, the Company through its Peruvian subsidiary entered into an agreement
to acquire 100% interest in a sole purpose company, Minera Los Pinos de Canete
SAC ("MLPC"), incorporated in Peru, which owns the Los Pinos mineral concessions
in southern Peru. Upon recognition of the theft when the former general manager
resigned in 2008, both civil and criminal avenues have been pursued in order to
reclaim the Los Pinos mining concessions. 


On March 9, 2012 Tamerlane obtained a judicial order appointing Tamerlane's
lawyer in Peru as the judicial administrator of MLPC, eliminating all power of
Mr. Vidaurre, the former general manager, to operate the company holding the Los
Pinos mining concessions or to register competing title to the concessions in
the Public Registry of Peru.


With respect to the criminal action, the Company has learned that the ongoing
criminal investigation has been completed, and that the Prosecutor's Office in
the 25th Criminal Court in Lima, Peru has filed an official report charging Mr.
Vidaurre and his accomplice/co-conspirator Jaime Leon Gerardo Sztrancman
Waisblack with crimes of forgery and giving a false statement in order to open
the Shareholders Meeting Minutes Book and the Shares Ledger Book N degrees 03 of
the Company's Peruvian subsidiary Tamerlane Ventures Peru SAC. The Prosecutor
has requested five-year prison sentences for each of Mr. Vidaurre and Mr.
Sztrancman. The Company understands that the charges are expected to be enforced
by the 25th Criminal Court and that sentencing is expected to occur within 30
days.


In continuing to defend its right to the Los Pinos property the Company will
take this judgment against Mr. Vidaurre and Mr. Sztrancman to the civil courts
to obtain orders verifying that the Company is the true, exclusive and complete
owner of its Peruvian subsidiaries Tamerlane Ventures Peru SAC, Minera Los Pinos
de Canete SAC and the Los Pinos mining concessions.


Tamerlane also announces that the Company has not made the US$1,500,000
principal payment on the senior secured bridge loan, which was due March 31,
2013. The Company is currently engaged in discussions with the senior secured
lender, Global Resource Fund which is managed by Renvest Mercantile Bancorp
Inc., regarding alternate arrangements.


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.


John L. Key, CEO

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 PLEASE CONTACT: 
Tamerlane Ventures Inc.
Brent Jones
Director of Corporate Communications and Investor Relations
(360) 332-4636
(360) 332-5025 (FAX)
bjones@tamerlaneventures.com
www.tamerlaneventures.com

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