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Tamerlane Intersects 52% Combined Lead-Zinc Over 32.5 Feet |
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Tuesday, 27 September 2005 |
Tamerlane Intersects 52% Combined Lead-Zinc Over 32.5 Feet (9.9 Meters) And 37% Combined Lead-Zinc Over 65 Feet (19.8 Meters) In The R-190 Deposit At The Pine Point Property, NT
Blaine, WA: Tamerlane Ventures Inc. (TAM: TSX-V) announces that it has intersected extensive high-grade lead-zinc mineralization in its R-190 deposit. Holes TV01 and 02 intersected grades higher than 20% combined lead-zinc over 85 and 60 feet, respectively, while hole TV03 returned 65 feet of 37.4% combined lead-zinc. The highest grades were seen in hole TV05 which intersected 32.5 feet of 52% combined lead-zinc. The most recent assay results are presented below. All holes are drilled vertically and represent true thickness.
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R190 Deposit
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DDH
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Interval (feet)
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Composite
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Combined
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Number
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From
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To
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Thickness feet (m)
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%Lead
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%Zinc
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%Pb + %Zn
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TV01
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401
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411
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10 (3.1)
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7.88
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1.93
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9.81
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TV01
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415
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420
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5 (1.5)
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20.80
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1.71
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22.51
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TV01
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449.8
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535
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85.2 (26)
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6.35
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17.27
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23.62
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TV02
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468
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528
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60 (18.3)
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7.55
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17.89
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25.44
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TV03
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400
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435
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35 (10.7)
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13.71
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4.35
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18.06
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TV03
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465
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530
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65 (19.8)
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13.54
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23.81
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37.35
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TV05
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417
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437
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20 (6.1)
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10.97
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1.81
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12.78
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TV05
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500
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532.5
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32.5 (9.9)
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14.84
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37.22
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52.06
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The drilling program has been completed. EBA Engineering Consultants Ltd. is carrying out an environmental baseline study on the property, the results of which will provide input for the feasibility study that is expected to be completed by mid-2006.
A summary of the previously announced assay results are presented in the following table.
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Drill Hole
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Interval
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(feet)
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Thickness
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Average
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Combined
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Number
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From
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To
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Feet
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Meters
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% Pb
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% Zn
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%Pb+%Zn
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W-85 Deposit
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W85-TV1
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106
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222
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116
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35.4
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7.40
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4.08
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11.48
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W85-TV4
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87
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203
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116
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35.4
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7.24
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5.97
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13.21
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W85-TV4
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234
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262
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28
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8.53
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6.94
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4.72
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11.66
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W85-TV5
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201.5
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285
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83.5
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25.5
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4.10
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8.14
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12.24
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W85-TV6
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205
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340
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135
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41.2
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3.72
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10.72
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14.44
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W85-TV7
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165
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235.7
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70.7
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21.6
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0.60
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3.42
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4.02
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W85-TV8
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197
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222
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25
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7.6
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2.31
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6.95
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9.26
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W85-TV8
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262
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350
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88
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26.8
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5.66
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9.48
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15.14
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W85-TV9
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260
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350
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90
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27.4
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6.12
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13.71
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19.83
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GO-3 Deposit
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G03-TV1
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180
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342
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162
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49.4
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4.50
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12.33
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16.83
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GO3-TV3
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165
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377
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212
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64.6
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5.22
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9.94
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15.16
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R-190
Deposit
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TV07
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396
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401
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5
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1.5
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4.63
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0.66
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5.29
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TV07
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407
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430
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23
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7
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6.98
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0.90
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7.88
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TV07
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438
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440
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2
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0.6
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5.39
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0.10
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5.49
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TV07
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495
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527
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32
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9.8
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11.14
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36.65
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47.79
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TV09
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435
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540
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105
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32
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12.10
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18.99
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31.09
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TV10
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457
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517
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60
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18.2
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4.65
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17.72
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22.37
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In addition to the three deposits confirmed in the recent drill programs there are 32 other known deposits having excellent exploration potential in the Pine Point area based on known geology and historical drilling records.
In the mid-1960s, Pine Point operations started by direct shipping ore with grades over 25% combined lead and zinc for processing. Similar grades have been obtained in the drilling program just completed with thicknesses up to 100 feet. Pine Point ore was easy to mill with lead and zinc recoveries in excess of 91%. The concentrates were in demand by smelters because of the low levels of impurities.
The results herein described have been prepared under the guidance of Ross F. Burns, P. Geo., LG, President of the Company, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data. The drill program was carried out under the direct supervision of Mr. Charles Watts, B.Sc. Samples and assay results for lead and zinc quoted herein were prepared by ALS Chemex of Vancouver, BC using industry standard assay techniques for ore grade lead and zinc mineralization.
“Ross F. Burns”
President and CEO
For further information, please contact:
Graham Eacott
Vice President, Investor Relations
Phone: (360) 332-4653
Fax : (360) 332-4652
E-mail:
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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and as amended in Section 27E of the 1934 Act.
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