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.

Added another tranche this morning.

If my memory serves me right we are due an update or two at any time now.

News at the end of this month hopefully. Have added a few more today also.

Blue day today, something stirs?

A nice 2.5m x trade and the ura news has got this going.

Bounced off support at 21p which was rather timely, phew, kinda getting anxious there for a while.

ph
Same here I added last week at 24p

Do like that X trade. There is a theory that when X trades appear on smaller stocks it usually signifies an upward shift in the SP as it clears any possible over-hang. There's a thread on here about it somewhere.

pth

yes indeed, bought 70000 today. That x trade signifies something will be happening shortly ;-)

ph
I'll give you a pound if you can find it.

X Trades

Driver this is one of them, but not the right one, 25p so far then? :)))

More X Trades

And this is the main one, 1 please :))

ph
Well done I will owe you that and buy you a drink when this hits 300p

good grief Driver, I'll be even more into my dotage by then :))

ph
Ok half a pint you should be able to manage that. But it may be sooner if they have some good finds.

VML going with the flow today, most of the U stocks on my watch list are down.

27 July 2007
VANE Minerals Plc (AIM:VML)

VANE Receives Drilling Permission and Provides a Uranium Exploration Update

http://www.investegate.co.uk/Article.aspx?id=200707270700549643A

Gr8t News. Especially the rig. Thought there might of been a bit more buying this morn.

Vane Minerals gets approval to start drilling at North Alice uranium licence
AFX


LONDON (Thomson Financial) - Vane Minerals PLC said it has received government approval to start its drilling programme at the North Alice Extension uranium project in Utah.

The initial programme will consist of up to 25 holes to test the extent of mineralisation which was discovered in the 1970s and 1980s by Homestake Mining Company, and Vane is trying to ascertain a clearer resource estimate through historical data and its own drilling.

It has exclusive use of the drill rig being used for its ongoing breccia pipe campaign, which gives the company full control over drilling schedules.

At its northern Arizona properties, uranium mineralisation has been encountered in all holes completed and the company expects the conclusions of the results interpretation in September.

The company added that geological mapping at its Eastern Star property has identified two additional pipe targets.



kathy.sandler@thomson.com

ks

I wanted to list the highlights but it is just a series of highlights:

North Alice Extension project in Lisbon Valley, Utah.
A drilling contract has been signed for an additional rig and drilling is expected to commence next week.

Exploration drilling continues on the Company's breccia pipe properties
Uranium mineralisation has been encountered in all holes completed

additional pipe targets
------
No not a lot of buying, just unfortunate timing I guess but at least it is blue which is more than I can say for anything else on my screen

RSI looks well oversold.

Its a pity the news today wasnt released into a strong market.