Minister agrees to bypass environmental impact review phase

BLAINE, WA, May 14 /CNW/ - Tamerlane Ventures Inc. (TAM: TSX-V) announced today that the Federal Minister of Indian and Northern Affairs Development approved Tamerlane's application for land and water use permits for the Pine Point Project.

In his letter (dated May 13, 2008) to the Mackenzie Valley Environmental Impact Review Board (MVEIRB), the Minister agreed with MVEIRB's February 22, 2008 recommendation in favor of Tamerlane's application stating, "Indian Northern Affairs Canada and the other Responsible Ministers are in agreement not to order an environmental impact review for the Tamerlane Ventures Inc.'s Pine Point Pilot Project." The letter further stated, "We support the Mackenzie Valley Environmental Impact Review Board's determination regarding the proposed development as set out in its Report of Environmental Assessment and Reasons for Decision, dated February 22, 2008."

As a result of the Minister's approval, Tamerlane's application for land and water use permits will proceed to the routine regulatory phase, where the applications will be reviewed by the Mackenzie Valley Land and Water Board (MVLWB). Tamerlane will begin construction and development immediately following regulatory approval and receipt of the necessary permits.

Ross Burns, President & CEO, said: "We are very pleased with the Minister's decision, and we look forward to an expeditious process in moving this project into construction. The Company will continue to work closely with local communities, regulatory officials and other stakeholders as the Pine Point project continues toward production."

"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.