July 10th

Tamerlane Reports 40.7% Combined Lead-Zinc Over 110 Feet (34 Meters)

Tamerlane Ventures Inc. (TAM: TSX-V) announced today updated assay results of drill holes that have shown extensive high-grade lead-zinc mineralization at the Company\'s Pine Point property, located in the Northwest Territories, Canada.

Today\'s updated assay results are from 3 confirmation holes (TV11, TV12 and TV13) drilled at the R190 deposit for the purpose of providing further confirmation of core recoveries. The initial results of these holes were announced on June 12, 2008. However, at that time the results included 21 sections (totaling 105 feet) where zinc was reported greater than 30%, and an additional 3 sections (totaling 14.5 feet) where lead was reported greater than 30%. An assay technique designed to accurately measure high grade ore was subsequently used to establish the precise grade of these sections. The updated assay results are summarized below:

                                 Deposit R190
    -------------------------------------------------------------------------
                    Interval                     True
                     (Feet)       Thickness    Thickness   Average  Combined
    Drill Hole     --------------------------             ---------
    Number         From   To    Feet   Metres   (Feet)    %Zn   %Pb  %Zn+%Pb
    -------------------------------------------------------------------------

    R190-TV11      451    628    177    40.0     157     15.6  10.0    25.6
    -------------------------------------------------------------------------
    Containing:    529    577     48    14.6      43     37.5  18.2    55.7
    -------------------------------------------------------------------------
    R190-TV12      427    560    133    40.5     128      9.8   7.1    16.9
    -------------------------------------------------------------------------
    Containing:    445    537     92    28.0      88     13.8   9.3    23.1
    -------------------------------------------------------------------------
    R190-TV13      437    607    170    51.8     155     20.8   9.2    30.1
    -------------------------------------------------------------------------
    Containing:    487    607    120    36.6     110     29.1  11.6    40.7
                   ----------------------------------------------------------
                   512    562     50    15.2      46     38.5  12.3    50.8
    -------------------------------------------------------------------------
       R190-TV11 was drilled at -64 degrees; R190-TV12: -74 degrees;
       R190-TV13: -66 degrees
    

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. Wolfgang Schleiss, M.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 & 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.

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.

SOURCE: Tamerlane Ventures Inc.

Brent Jones, Manager of Investor Relations, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Phone: (360) 332-4653, Fax: (360) 332-4652, Website: www.tamerlaneventures.com