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.

From the other side courtesy of Davesmith53

Good Morning all

Parkgreen have returned my call enquiring about the final results, these will be released "on or about" 1st May.

They will incluse a full financial report, details of progress at Diablito, collated updates on all drilling programs and possibly details of new property aquisitions.

As far as I can establish all is going acording to plan, we should shortly get a clearer picture of progress and one hopes that the sp will get a lift as a result.

THanks for the update driver ............Now see what (BRM) have to say i phone them in march and they say they would have some news out end of still waiting.

d'accord ..cheers driver for your update .The manner in which you dig out all manner of info makes you a veritable miner of a type .......cheers mate ........................The lazy one lol @+ J

mms shaking the tree here Short of stock .

I got out with a reasonable, for me, profit. Originally buying because VML were actually mining and producing profits.... now all I read is about boreholes which just makes me dizzy and doesnt sound like cash .... would like to come back in when some appears or have I missed the plot?

tipton11
No you havent missed the plot you have missed the point below is one of my earlier posts, uranium is now $95+ a lb and still going up VML could be producing the stuff as early as 2008.

The potential of VML is a bit mind bogerling With the historic average for breccia pipes of 3million lbs of uranium at $86 thats $258m per pipe, $50m to mine leaves $208m worth of uranium multiplied by 29 = $6b

If you half it its $3b

hi tipton11
no you have not .......VML will make lots of money 2008 will be a big year for uranium it at $95 and could be $105 my end of June when it go;s it will rocket.

Tipton11, you are going to miss the ride upwards.

Friends I stand correeted ... thanks for your replies ... though still think will watch for the time being

i am quite puzzled ..... VML,which is actually producing, has stagnated of late whereas UMN, which only has good prospects, is steadily ticking upwards ..... any thoughts?

i think the reason for this is cynic that they have been selling this in lots before it comes out of the ground there is an auction come up and there is some heavy bidding going on.prices will rise and that when the likes of VML nd BRM will start to come in to production. please correct me if I'm wronge but do we all agree that the price of uranium is going to rise to $110 thats when well see (VML) come in to play

Still a good one to be in .

micky468
Disagree uranium could be at $150 by 2008 when VML may be producing and even $200 there after.

i'm here for the long run so what you say is good for me $200 happy days

Umn is sitting on a huge quantity of U while vml has a much smaller amount but of a better grade--also further away from production but has revenues to support it from other areas.

Also an army of pi's bought when the 10, 25,and 50 day ema converged at 8.75 which was a sign to buy in my book .l personally didnt at that stage but those who did are quite sensibly nowbanking proper gains as opposed to paper ones. ,,,,,,,,,,,,,,,,,,,,,,,,,Plus U308 acc to J.P MORGAN will make the rise in copper and gold prices look quite insignificant .Talk of $110 before month end $200+ by end of year ...OT Anyone holding heavy in pure South African mining concerns -Watch your back RSA govt looking to introduce windfall tax on excessive mining profits ! @+ j

The next news will push up the sp .

Vane Minerals PLC
11 April 2007

VANE Minerals Plc

New Acquisitions and Targets

- Arizona Breccia Pipe URANIUM Project

VANE Minerals Plc ('VANE' or 'the Company') is pleased to provide an update on
new acquisitions and target generation in its breccia pipe uranium programme in
northern Arizona, operating as VANE Minerals (US) LLC, its wholly-owned uranium
subsidiary.

VANE has purchased for cash 100% ownership of a 19-acre parcel of fee (private) ground. The Company considers that this property, Eastern Star, covers a highly favourable pipe target having several strong surface indicators that are characteristic of uranium-bearing pipes. The Company is extremely encouraged by the prospects for this target, on which no exploration permits are required as
t is private ground. Preliminary exploration on the property will consist of a geological mapping programme to identify the target's centre and initial drill locations. Exploration drilling can commence at VANE's discretion.

VANE has also recognised a second pipe target at the recently drilled Miller project that is located 1,000 feet southwest of the Miller Pipe and current VANE drilling. The new target is just within the Miller property holdings on Arizona state lands. A shallow drill hole was completed by Energy Fuels Nuclear, Inc., in the mid-1980s in the central part of the new target. This hole encountered a 25-foot thick zone of anomalous uranium mineralisation with up to 0.02% eU3O8 in fractured Coconino Sandstone as indicated in the probe log. This mineralisation
occurs about 550 feet (170m) above the level considered favourable for ore-grade
uranium deposition. A drilling campaign for deep holes on this new target is
planned and approval for drilling has been received from the State. An
additional 520-acre lease of Arizona state land has been acquired to ensure that
the Miller prospects are adequately protected.

In addition, a third pipe target was identified on the Rattlesnake Claim group
where two targets are already known. The target exhibits surface characteristics consistent with uranium-bearing pipes. An additional lode claim was staked to assure coverage of this target which is located on Federal lands.

The Company is also negotiating on further breccia pipe target opportunities and
continues to investigate new breccia pipe targets.

Matthew Idiens, Director of Corporate Development commented, 'We continue to add to our strong breccia pipe portfolio that now includes 32 pipe targets,
increasing the possibility of discovering substantial uranium resources.'

More good news from VML of the purchased for cash 100% ownership of a 19-acre of (private) ground and no exploration permits needed so they can start drilling when ready also more target identified, all good news.

Showing just 25 dma ..... rsi is marginally toppyand sp has failed at this level before, but this time it could just possibly break out, and pretty good support at 22p anyway