RE: NEWS: TAM plans camp at Pine Point sitezinc is down and forecast for lead even worse but supply destruction will mean positives for 2010. the market usually leads half a year or so.
more excellent results.
Tamerlane drills 20.1 m of 6.51% Zn, 13.14% Pb at Hinge
2008-11-05 10:12 ET - News Release
Mr. Ross Burns reports
TAMERLANE REPORTS ASSAY RESULTS OF HINGE ZONE DEPOSIT AT PINE POINT
Tamerlane Ventures Inc. has released new assay results from drill holes that confirm lead-zinc mineralizationwithin the Hinge Zone deposit (HZ) at the Company's Pine Point Property,located in the Northwest Territories, Canada. The assay results are from 6holes, TV1-TV4 and TV7-TV8. The Hinge Zone is a sinuous shallow tabulardeposit with a zone having a strike length of over 6,000 feet and a width ofapproximately 600 feet. It is situated along the main trend of the Districtwithin an area of previous open pit mining conducted by Pine Point Mines Ltd.from 1965 to 1987.
Tabular deposits are among the most common deposit types in the PinePoint District and were formed in long sinuous karst caverns which followedunderground streams. This style of mineralization has been mined successfullyby both open pit and underground methods at Pine Point. Historically, a totalof 13,480,900 tonnes grading 5.6% zinc and 1.7% lead have been mined fromtabular deposits.
The assay results are shown below:
Hinge Zone Deposit
-------------------------------------------------------------------------
Interval
Drill (Feet) Thickness True Average
Hole ------------------------- Thickness -------------- Combined
Number From To Feet Metres (Feet) %Zn %Pb %Zn+%Pb
-------------------------------------------------------------------------
HZ-TV1 233 299 66 20.1 46 6.51 13.14 19.65
-------------------------------------------------------------------------
containing 233 262 29 8.8 20 8.54 27.19 35.73
-------------------------------------------------------------------------
HZ-TV2 250 272 22 6.7 18 12.18 1.54 13.73
-------------------------------------------------------------------------
HZ-TV3 267 292 25 7.6 17 10.25 2.35 12.60
-------------------------------------------------------------------------
HZ-TV4 237 254 17 5.2 14 10.00 1.77 11.77
-------------------------------------------------------------------------
HZ-TV4 256 266 10 3.1 8 3.84 0.54 4.38
-------------------------------------------------------------------------
HZ-TV8 281 289 8 2.4 7 4.03 1.20 5.23
-------------------------------------------------------------------------
HZ-TV8 300 307 7 2.1 6 2.45 0.03 2.48
-------------------------------------------------------------------------
HZ-TV1 was drilled at -45 degrees; TV2 at -55 degrees; TV3 at
-52 degrees; TV4 at -55 degrees and TV8 at -56.4 degrees
Ross Burns, President & CEO, said: "This discovery is an indication ofthe huge remaining exploration potential of the Pine Point property. Thetargets remaining for further work include drill intersections, depositextensions, 34 airborne electromagnetic targets and a zone 15 km in lengththat has the potential to contain a deposit every 1.5 km. To date, only onedeposit has been discovered in this zone. When the junior mining marketsimprove the Company will be pursuing a number of these targets."
The results herein described have been prepared under the guidance ofRoss F. Burns, P. Geo., LG, President of the Company, who is designated as aQualified Person with the ability and authority to verify the authenticity andvalidity of the data. The drill program was carried out under the directsupervision of Mr. Wolfgang Schleiss, P. Geo., M.Sc. Samples and assay resultsfor lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BCusing industry standard assay techniques for ore grade lead and zincmineralization.
We seek Safe Harbor.