Tamerlane Ventures Inc.

Tamerlane Ventures Inc.

November 06, 2007 16:38 ET

Tamerlane Clarifies Scoping Study

BLAINE, WASHINGTON--(Marketwire - Nov. 6, 2007) - Tamerlane Ventures Inc. (TSX VENTURE:TAM) announced today that, as a result of a review by the British Columbia Securities Commission, it has issued the following clarification of its scoping study announced on August 24, 2007.

In section 7 (pages 5-6) and section 10 (page 7) of the August 24 news release, Tamerlane makes reference to 5 deposits containing approximately 6 million tonnes of resources. It should be noted that 2 of these deposits, specifically V-46, estimated by Westmin in the 1970's, and Z-155, estimated by Westmin in 1985, are historical resources and therefore not compliant with NI 43-101.

Tamerlane reiterates that no independent audit was done for the supplemental in-house scoping study. Furthermore, the in-house scoping study does not meet the definition of a preliminary assessment in NI 43-101, and should not be relied on for production forecasting or economic analysis.

The study included historical and inferred or unclassified mineral resources, some of which are too speculative geologically to have economic considerations applied to them. There is no certainty that the study results will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Tamerlane is in the process of drilling the deposits included in the Scoping Study to move these resources into the measured and indicated resource categories. The results of this drilling will be incorporated into a feasibility study subject to review by third party consultants Chlumsky, Armbrust & Meyer (CAM).

The information in this press release was prepared under the guidance of Mr. Ross F. Burns, P.Geo., LG, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of the data.

Ross F. Burns, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

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