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VANE MINERALS, A Cheaper And Lower Risk Route Into The Uranium Market. (VML)     

goldfinger - 08 Mar 2005 09:20

UPDATE UPDATE UPDATE..

COMPANY WEB SITE.........

http://www.vaneminerals.com/

THE PRICE OF URANIUM IS GOING BALISTIC...

The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

Analysts are debating over wether the SP of Uranium increase will be three fold within 2007?.

Looks like to me, the best play on the UK market for Uranium and it hasnt gotten away yet like the other two ZBA Zareba and URA Uranium which have multi bagged. Its also in a position to fund its development with a new gold mine producing. Ive added twice this morning and think this one could be very big. Heres the announcement...........

Vane Minerals PLC
07 March 2005


VANE Minerals plc (AIM: VML)

VANE Announces Diversification Into Uranium Exploration And Development

Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.

To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.

VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.

Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'

Enquiries:

VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713

cheers GF.

p.php?pid=legacydaily&epic=VML&type=1&si

zscrooge - 15 Nov 2006 20:26 - 1246 of 2220

only got to double then to get back to gf's sp at the top of the thread LOL

Dynamite - 17 Nov 2006 08:18 - 1247 of 2220

Vane Minerals PLC
17 November 2006


17th November 2006

VANE Minerals Plc (AIM: VML)


Increased Silver - Gold Resource at Diablito Mine, Mexico

- Potential to increase daily production by 50%


VANE Minerals Plc, ('VANE' or 'the Company') today announces that its 100% owned
Mexican subsidiary, Minerales VANE SA de CV has substantially increased the
silver and gold resource at its wholly-owned high grade Diablito silver-gold
mine, in Nayarit State, Mexico.


Highlights


As of 1st August 2006 the JORC compliant resource has increased by
approximately 52% net of production to 141,277 tonnes containing 6.07grams
per tonne ('g/t') gold ('Au') and 684 grams per tonne silver ('Ag').

The resource is allocated as follows:

o Measured and Indicated 110,077 tonnes at an average grade of 7.20 g/t
Au and 747 g/t Ag

o Inferred 31,200 tonnes at an average grade of 2.10 g/t Au and 461.7 g/t
Ag

VANE management believe that the new resource would justify an increase in
daily production from 50 to 75 tonnes per day ('tpd')


As announced on 4th September 2006, the drilling programme, which was undertaken
to further define and extend the resource, consisted of 20 diamond drill holes
drilled from the surface, both inclined and vertical, within the Diablito
concession.


This drilling has increased the Diablito resource by approximately 52% from
93,000 tonnes to a total of 141,277 tonnes, having an average grade of 6.07 g/t
Au and 684 g/t Ag. Please see tabulation of the resource in Table 1, below.


The Diablito mine commenced production in November 2005 at a daily rate of 50
tonnes per day and is currently generating US$420,000 of gross revenue per
month. A total of 17,659 tonnes have been mined to 1st August 2006. VANE now has
the option of either increasing daily production from 50 to 75 tpd or extending
mine life by some three years at the current rate of production.


The Company remains on track to construct its own mill and flotation plant close
to the Diablito mine site which will serve to dramatically reduce transportation
costs and remove the current reliance on third party toll milling arrangements
(refer to the Interim report, 12th September 2006). The plant will have a
target capacity of 100 tpd, which allows for a further potential increase in
daily production, should this be appropriate. The facility is expected to be
operational by mid 2007.


Michael Spriggs, Chairman of VANE, commented: 'The increase in the resource at
Diablito confirms our confidence in the presence of additional resources at the
property and we will look to build on this further by looking closely at the
other areas of interest. The ramp up in production, aided by the construction
of our own plant, will significantly boost our cash flow and will continue to
provide important revenue for the exploration and development of our other
projects in Mexico, Paraguay and the US.'


Exploration continues in an effort to identify additional measured resources.


Clark Arnold, PhD Geology, who is Director of Geology for VANE Minerals and who
meets the criteria of a qualified person under the AIM Guidance Note for Mining,
Oil and Gas Companies, March 2006 has reviewed and approved the technical
information contained within this announcement.


The resource has been calculated by Independent Mining Consultants Inc.(IMC) of
Tucson, Arizona, USA and this announcement has been approved by IMC.


About VANE Minerals:


VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The team negotiated exclusive access to Freeport-McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities. The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.


The Company is using the revenue generated by the Diablito mine to help fund
exploration work across its attractive portfolio of uranium, gold, silver, and
copper projects in the US, Mexico and Paraguay .


For further information, please review:
www.vaneminerals.com
.


Enquiries:


VANE Minerals Plc Ambrian Partners Limited

Matthew Idiens Richard Brown

+44 (0) 20 7667 6322 +44 (0) 20 7776 6417


Parkgreen Communications Daniel Stewart & Co

Annabel Leather Dan Willmott

+44 (0) 20 7493 3713 +44 (0)20 7776 6550



Table 1:

Minerales Vane S.A. de C. V.
(100% attributable)
Diablito
Drill Hole Intercept - Polygon Resource Estimate, Diluted to 2m
Oct-06

Vein Category Tonnes Gold, g/t Silver, g/t

MAIN ZONE
Lower Measured 30,154 9.08 998.8
Upper Measured 3,770 11.38 705.5
Total 33,924 9.34 966.2

Lower Indicated 40,634 5.42 643.6
Upper Indicated 12,472 8.62 568.5
Total 53,106 6.17 626.0

Lower M&I 70,788 6.98 794.9
Upper M&I 16,242 9.26 600.3
Total 87,030 7.41 758.6


EAST ZONE
Lower Indicated 4,306 2.10 461.7


OUTSIDE MAIN ZONE
Indicated 36,400 7.41 758.6

COMBINED M&I 127,736 7.23 748.6

MINED (As of August 2006) 17,659 7.41 758.6

MEASURED & INDICATED RESOURCE 110,077 7.20 747.0

INFERRED RESOURCE (East Zone) 31,200 2.10 461.7

GRAND TOTAL MII 141,277 6.07 684.0



This information is provided by RNS
The company news service from the London Stock Exchange



Madison - 21 Nov 2006 08:17 - 1248 of 2220

Vane Minerals PLC
21 November 2006


21st November 2006


VANE Minerals Plc (AIM: VML)

Guadalcazar and Uranium Portfolio Update


VANE Minerals Plc ('VANE' or 'the Company') today announces that the analytical
results for the recent seven-hole programme, GZR 06-13 to 06-19, at Guadalcazar,
Mexico, have been received and interpreted. These results reconfirm the highly
anomalous concentrations of gold and silver throughout the hydrothermal system
that occupies an area 6km by 2km in the Guadalcazar Basin. Tabulation of the
results can be viewed on the VANE website -

http://www.vaneminerals.com/?page=PressSingle&itemID=161
.

The results of recent drilling represent a measurable improvement from those
previously reported following the 2005 drill programme. However, further
drilling is required in order to define economically viable mineralisation.

It is the opinion of the VANE Board that the system constitutes an exploration
target worthy of considerable additional explorative drilling. However, the
exact genesis of the gold and silver found at the deposit remains only partially
understood. In view of the commitment necessary to test thoroughly the extensive
target, the VANE Board believes that this additional exploration should be
undertaken via a joint venture with another precious metals exploration company.
VANE is currently approaching several companies in this regard.

VANE has agreed with the Guadalcazar property owner that all property payments
will be temporarily suspended during the time required to set in place a
suitable joint venture arrangement.

This strategy will ensure that VANE's resources can be focused towards funding
the drilling on the Company's portfolio of uranium projects in the south-western
region of the United States. Following the recently announced receipt of
drilling permits, drilling at the Miller and Red Dike breccia pipes in Arizona
is expected to commence, weather-permitting, in early December, with a further
programme to commence on the North Wash project in south-eastern Utah in mid
December.

VANE has deep hole drill data on the five deep holes drilled on the Miller pipe
by Energy Fuels Nuclear Inc. in 1986, before drilling ceased due to the
deteriorating uranium market. Four of the five holes intersected uranium
mineralization at depth.

Key intercepts included:

-Hole Number 1640-5 contained a mineralized zone of 26.5 feet averaging 0.51%
U3O8 starting at a depth of 1,269 feet, with grades up to 1.47% U3O8.

-Hole Number 1640-3 contains a mineralized zone of 25 feet averaging 0.34%
U3O8, starting at 1,260.5 feet, with grades up to 1.78% U3O8. Within this
interval is a 10-foot zone that averages 0.57% U3O8.

The Red Dike project has had historic shallow drilling which has confirmed the '
breccia pipe' status and VANE is planning to deep drill this pipe to test for
mineralisation.

Michael Spriggs, Chairman of VANE Minerals, said: 'It is our intention to carry
out further exploration of Guadalcazar with a joint venture partner as we feel
this is this is the best way to optimise VANE's resources. Guadalcazar is a
major project in terms of its size and potential and we believe that working
with a joint venture partner is prudent and appropriate at this time. Our
uranium portfolio has grown dramatically over the last 12 months at a time when
the uranium market has continued to go from strength to strength. Our strategy
for the development of Guadalcazar will therefore enable management and
financial resources to focus on the fast track of our uranium assets and our
first drilling programmes begin imminently.'

Clark Arnold, PhD Geology, who is Director of Geology for VANE Minerals and who
meets the criteria of a qualified person under the AIM Guidance Note for Mining,
Oil and Gas Companies, March 2006 has reviewed and approved the technical
information contained within this announcement.


About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The team negotiated exclusive access to Freeport-McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities. The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.

The Company is using the revenue generated by the Diablito mine to help fund
exploration work across its attractive portfolio of uranium, gold, silver, and
copper projects in the US, Mexico and Paraguay .


Madison - 04 Dec 2006 08:11 - 1249 of 2220

Vane Minerals PLC
04 December 2006

VANE Minerals Plc (AIM: VML)

Further Expansion and Development of Uranium Portfolio

Highlights:

Acquisition of 7 new breccia pipe targets in northern Arizona
Uranium mineralisation exposed at surface at 8 targets
Approvals received to drill 25 exploration holes at Happy Jack Mine
Contract agreed for drilling services at Red Dike and Miller
properties
Permitting process continues for drilling on additional breccia pipe
targets
Identification of acquisition targets continues - negotiations at an
advanced stage on further properties

VANE Minerals Plc is pleased to announce that its wholly owned uranium
subsidiary, VANE Minerals (US) LLC 'VANE (US)', has successfully staked a
further 18 unpatented US lode mining claims in 4 blocks covering 7 separate
targets in the breccia pipe district of northern Arizona. This brings the total
number of breccia pipe targets in the VANE portfolio to 29.

Ongoing exploration of the portfolio by VANE (US) has found uranium
mineralisation exposed at surface on 8 targets. This is consistent with the
surface exposure of some ore-bearing pipes and is extremely encouraging. Targets
that do not exhibit uranium at surface will be investigated further at depth, as
several historic economic breccia pipes in the district did not exhibit surface
uranium.

VANE (US) has agreed on a contract with a drilling contractor and expects,
weather permitting, to commence drilling imminently on the Red Dike and Miller
pipes (as announced on November 21). The drilling permitting process is
continuing on 9 additional breccia pipe targets. Two (2) further permit
applications on the Big Red pipe and Rabbit target have been submitted to bring
the total number of proposed new drilling projects to 11. Additional permit
applications will be submitted on additional breccia pipe targets in due course.

In Utah, VANE (US) has received approval from relevant government agencies,
pending posting of the reclamation bond (US$10,300), to drill 25 step-out and
exploration holes on the Happy Jack Mine in Q2 2007. As previously announced,
drilling on the North Wash project is still anticipated to commence later this
month, weather permitting.

In addition, VANE (US) continues to identify acquisition opportunities and is in
the advanced stages of negotiation on projects in Arizona and Utah.

Michael Spriggs, Chairman of VANE, commented: 'Our portfolio continues to grow,
serving to establish further VANE's position in arguably one of the world's
prime areas of uranium mineralisation. We are especially pleased to have such a
large holding of breccia pipe targets as historically breccia pipes in this
district, consistently contained high grades of uranium. We are keen to commence
drilling as soon as possible to confirm the potential of these properties.'

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc
Geology, who meets the criteria of a qualified person under the AIM rule
guidance for mining, oil and gas companies, has reviewed and approved the
technical information contained within this announcement.

About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The Company has assembled a highly qualified and experienced
management team with a proven track record in exploration and development, who
have spent their entire careers searching for and defining large scale mineral
deposits.

The Company is using the silver/gold production at the Diablito mine in Mexico
to help fund exploration work across its attractive portfolio.

Since December 2004, VANE has built up a substantial uranium portfolio of
properties in the US, initially targeting the Arizona strip which holds the
highest grade deposits in the US, contained in breccia pipes.

hlyeo98 - 04 Dec 2006 10:31 - 1250 of 2220


Good news for VML...


Vane Minerals PLC
04 December 2006

VANE Minerals Plc (AIM: VML)

Further Expansion and Development of Uranium Portfolio

Highlights:

Acquisition of 7 new breccia pipe targets in northern Arizona
Uranium mineralisation exposed at surface at 8 targets
Approvals received to drill 25 exploration holes at Happy Jack Mine
Contract agreed for drilling services at Red Dike and Miller
properties
Permitting process continues for drilling on additional breccia pipe
targets
Identification of acquisition targets continues - negotiations at an
advanced stage on further properties

VANE Minerals Plc is pleased to announce that its wholly owned uranium
subsidiary, VANE Minerals (US) LLC 'VANE (US)', has successfully staked a
further 18 unpatented US lode mining claims in 4 blocks covering 7 separate
targets in the breccia pipe district of northern Arizona. This brings the total
number of breccia pipe targets in the VANE portfolio to 29.

Ongoing exploration of the portfolio by VANE (US) has found uranium
mineralisation exposed at surface on 8 targets. This is consistent with the
surface exposure of some ore-bearing pipes and is extremely encouraging. Targets
that do not exhibit uranium at surface will be investigated further at depth, as
several historic economic breccia pipes in the district did not exhibit surface
uranium.

VANE (US) has agreed on a contract with a drilling contractor and expects,
weather permitting, to commence drilling imminently on the Red Dike and Miller
pipes (as announced on November 21). The drilling permitting process is
continuing on 9 additional breccia pipe targets. Two (2) further permit
applications on the Big Red pipe and Rabbit target have been submitted to bring
the total number of proposed new drilling projects to 11. Additional permit
applications will be submitted on additional breccia pipe targets in due course.

In Utah, VANE (US) has received approval from relevant government agencies,
pending posting of the reclamation bond (US$10,300), to drill 25 step-out and
exploration holes on the Happy Jack Mine in Q2 2007. As previously announced,
drilling on the North Wash project is still anticipated to commence later this
month, weather permitting.

In addition, VANE (US) continues to identify acquisition opportunities and is in
the advanced stages of negotiation on projects in Arizona and Utah.

Michael Spriggs, Chairman of VANE, commented: 'Our portfolio continues to grow,
serving to establish further VANE's position in arguably one of the world's
prime areas of uranium mineralisation. We are especially pleased to have such a
large holding of breccia pipe targets as historically breccia pipes in this
district, consistently contained high grades of uranium. We are keen to commence
drilling as soon as possible to confirm the potential of these properties.'

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc
Geology, who meets the criteria of a qualified person under the AIM rule
guidance for mining, oil and gas companies, has reviewed and approved the
technical information contained within this announcement.

About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold. The Company has assembled a highly qualified and experienced
management team with a proven track record in exploration and development, who
have spent their entire careers searching for and defining large scale mineral
deposits.

The Company is using the silver/gold production at the Diablito mine in Mexico
to help fund exploration work across its attractive portfolio.

Since December 2004, VANE has built up a substantial uranium portfolio of
properties in the US, initially targeting the Arizona strip which holds the
highest grade deposits in the US, contained in breccia pipes.

doughboy66 - 03 Jan 2007 11:06 - 1251 of 2220

This has shot up all of a sudden on not much volume,maybe a buyer in the background?

goldfinger - 03 Jan 2007 11:10 - 1252 of 2220

Hi DB, havent seen you around for a while I trust everything is going ok.

Nice to see this one springing into action.

I still have a fairly biggish holding here and just waiting for them to take Off.

cheers GF.

doughboy66 - 03 Jan 2007 11:35 - 1253 of 2220

I`m fine thanks GF, i haven`t posted much lately but have posted a couple recently on the TMN thread which i have replied to or made reference to you.
Happy New Year
DB66

goldfinger - 03 Jan 2007 12:07 - 1254 of 2220

Glad to hear it DB, its just ticked up again.

please stay in touch.

Global Nomad - 15 Jan 2007 07:50 - 1255 of 2220

'exciting times'


Matthew Idiens, Director of Corporate Development, commented, "We are entering exciting times for VANE, with this drilling commencing at our uranium assets. This gives the Company a fantastic opportunity to create substantial value for shareholders in this buoyant uranium market."



lets hope he's right

GN

kazik - 15 Jan 2007 09:51 - 1256 of 2220

Fingers crossed for some sustainable improvement in the share price.

goldfinger - 15 Jan 2007 11:24 - 1257 of 2220

Yup it does look exciting.

Can this one now start to climb back up to previous highs and beyond?.

goldfinger - 19 Jan 2007 11:35 - 1258 of 2220

From todays Investor Chronicle..........

Tips Updates:
*Charter (CHTR.L) (Good Value).
*Pipex (PXC.L) (Buy).
*Vane (VML.L) (Buy).

hlyeo98 - 19 Jan 2007 13:39 - 1259 of 2220

Thanks Goldfinger. Good article. Have you look into UMN? Looking good too

goldfinger - 19 Jan 2007 14:55 - 1260 of 2220

Will do H98, cheers GF.

Madison - 23 Jan 2007 12:40 - 1261 of 2220

Best buying pattern for many months, sustained for more than just the odd day. Looks positive.

Let's just hope there are some investors in the mix.

Cheers, Madison

hlyeo98 - 23 Jan 2007 13:26 - 1262 of 2220

VNL is looking cheap for its prospects at 13.5p

hlyeo98 - 30 Jan 2007 08:17 - 1263 of 2220

Looking good....


Vane Minerals PLC
30 January 2007



VANE Minerals Plc (AIM: VML)

Commencement of Breccia Pipe Drilling Programme, Northern Arizona


VANE Minerals Plc today announces that its uranium subsidiary, VANE Minerals
(US) LLC ('VANE (US)'), has commenced drilling at the Miller Pipe in the
Northern Arizona Breccia Pipe District. This district has historically produced
a total of 23m lbs of uranium oxide ('U3O8') from nine mines until the early
1990's when mining ceased due to falling uranium prices. VANE has acquired, and
presently controls, a 100% interest in 29 pipe targets in northern Arizona.

VANE commenced drilling at the Miller Pipe on 22nd January 2007 and at least 3
holes will be drilled to a depth of approximately 1,700 feet in order to further
explore and develop the mineralised area identified by previous owners Energy
Fuels Nuclear ('EFN') in 1986. Drill hole number 1640-5 from EFN's programme
penetrated a 26.5 foot zone that averaged 0.51% U3O8 from 1,269ft to 1,295.5ft
in which grades as high as 1.47% U3O8 were intersected. Hole 1640-3 intersected
a 25ft zone between 1,260.5ft and 1,285.5ft in which grades as high as 1.78%
U3O8 were intersected. One 10 foot zone from this hole also averaged 0.57% U3O8
and the entire interval was found to average 0.34% U3O8.

VANE plans to continue its breccia pipe drilling programme once the current
round of drilling is completed on the Miller Pipe. This will focus on the other
three permitted pipe targets; Big Red, Red Dike and Rabbit. Additional drilling
permits are pending and it is the intention to ramp up the drilling programme
once these permits are approved.

Matthew Idiens, Director of Corporate Development, commented, 'We are pleased to
announce the commencement of our breccia pipe drilling programme. This is the
first of 29 targets to be explored all of which we believe offer excellent
potential. Historically, the mineralised breccia pipes which were mined have
each contained between 1 million and 6 million pounds of uranium, with an
average of approximately 3 million pounds.

Production in this area ceased in the 1990's when the spot price of uranium went
below US$14 per pound U3O8. However with the current spot price of US$72 per
pound, we are well placed to capitalise on the buoyancy of the uranium market.'

tipton11 - 30 Jan 2007 08:59 - 1264 of 2220

I imagine this is good news .... drilling pipes is I am sure great but presumably a mine has to be dug before any "muny" is earned has anyone any idea how long this might take?

blackbelt - 30 Jan 2007 11:26 - 1265 of 2220

Had a small top up last week i think the news flow should be quite regular on this they definately seem keen to the market informed of all their projects, which is always a good thing~!
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