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    Tamerlane Completes Site Work at Pine Point With Goal of Commencing Construction Later This Year

    Investing News Network
    Jul. 06, 2011 07:21AM PST
    Base Metals Investing

    Tamerlane Ventures Inc. (CVE:TAM) reports an update regarding its ongoing work program at its Pine Point property in the Northwest Territories.

    Tamerlane Ventures Inc. (TSXV:TAM) reports an update regarding its ongoing work program at its Pine Point property in the Northwest Territories.

    The press release is quoted as saying:

    Three geotechnical drill holes were drilled for detailed geotechnical work which will provide the parameters for underground stope and ramp design. The R-190-11 GT-3 drill hole was designed to penetrate the orebody and the core was processed and sampled. Routine assays of 5 foot sections, using an atomic adsorption assay method, yielded a 95 foot intersection grading 38.8% combined lead and zinc.

    Tamerlane’s President and CEO, Mr. Michael Willett says:

    “The Company is moving the Pine Point Project along at a very rapid pace and since the beginning of the year we have spent over $1.5 million on site drilling and definitive engineering studies. All this work has been completed to prepare the project for construction, later this year. The Company has put together an in-house engineering team to supervise the ongoing work and has retained a group of excellent consulting companies, to assist us in all phases of this final work. We look forward to updating our shareholders on a regular basis, as we move the project forward.”

    Click here to access the entire news release.

    Click here to access Tamerlane’s company website.(TSXV:TAM)

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