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.

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.

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

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.

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

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

please stay in touch.

'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

Fingers crossed for some sustainable improvement in the share price.

Yup it does look exciting.

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

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

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

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

Will do H98, cheers GF.

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

VNL is looking cheap for its prospects at 13.5p

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.'

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?

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~!

Excelent news.

GF,

They have 29 sites each with an average of 3 million pounds of U. 3x29= 87.

Let's write off 50% to be on the safe side. Call it 45 million pounds of U in total.

Say the cost of extraction was $25 per pound. At the current spot price of $72 that leaves a value of $47 per pound.

$47 x 45m = $2115 million ie. 1,080 million

Again, say in terms of selling that value on that only 50% is realisable, you're still left with 540 million.

Yet the current market cap is 21 million.

OK it's back of the envelope stuff, but I enjoy it!

Cheers, Madison

I think prospects are looking really good for VML and they must be one of the few resource companies which are funding themselves through mining. I have held this one for a while as a long term hold. I added it to hubby's sipp this morning too.
I haven't felt as good about a resource co since I bought GFM and KMR.
Di

sp is too cheap for its potential. STRONG BUY.