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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 it has signed an engagement agreement with Jennings
Capital Inc. ("Jennings Capital") for the purpose of managing the financing
process with respect to the Company's Pine Point lead-zinc project located in
Canada's Northwest Territories.


As previously announced, over the past year Tamerlane has presented the Pine
Point project to senior mining companies, smelter operators, off-takers, hedge
funds and private equity funds. Management has identified a "short list" of four
significant and well capitalized potential partners that have expressed strong
interest in moving forward with Tamerlane on the Pine Point Project. These
parties have signed non-disclosure agreements and entered the data room of Pine
Point in order to assess the required $125 million complete funding package to
put Pine Point back into production.


According to the terms of the engagement, the primary role of Jennings Capital
will be to assist the Company in communications, negotiations, and overall
management of the process with these short-listed parties.


Tamerlane also announced today that, in conjunction with the Company's senior
secured lender, negotiations are proceeding with an interested party on the
potential sale of the Company's Los Pinos copper project, located 100 km south
of Lima, Peru. Upon completion, the proceeds from such sale will be used to pay
down the Company's senior secured loan.


John Key, Tamerlane's CEO, commented, "The Tamerlane Board and I are extremely
pleased to be working with Jennings Capital to move the financing process for
the Pine Point Project forward. The Pine Point Project, considered by many to be
the next new operating zinc and lead mine, contains 8 billion pounds of zinc and
lead in NI 43-101 compliant reserves and historic resources and remains
infrastructure ready to come back on line in the near future. I believe that
Jennings Capital has the background and experience to meet our financing
requirements for completing the construction at Pine Point as the markets enter
their projected zinc deficits."


"In addition, a sale of Los Pinos could provide a milestone to dramatically
reduce Tamerlane's debt, restore its financial health and ease the way for
Tamerlane and Jennings Capital to secure the most attractive financial package
for Pine Point."


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 zinc and
lead concentrates to various smelting facilities around the world.


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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