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.

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.

gf, nab
Still pleased with the rise, I'm just under with an av of 22.8 but not worried.

In the mail today it mentioned that the price of uranium ha dropped to about $120 & could go as far $95 becaue the U ha decided to sell some of their stockpile. What do you think this will do for the demand for these companies.

Tail off for a while but then strong demand again.

With so much going on and producing Gold and Silver I would have thought the sp looks a good buying opportunity.

The Company has now received approval from government authorities, the Bureau of Land Management and the State of Utah, to commence drilling on its 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 in northern Arizona,

Additional drilling is also in progress on the Miller pipe.

Geological mapping completed at the Eastern Star property has identified two additional pipe targets.

An additional pipe target has also been identified at Miller,

The Company continues to work towards permitting its remaining properties for drilling and is in negotiations on several further uranium property acquisition opportunities.

I agree with your comments, driver. However, the time is rapidly approaching when they need to actually start finding and extracting the stuff - not just talk about it. How many times have we seen similar stories from small mining companies bragging about their 'potential' finds? Market sentiment is certainly not what it was, particularly at the moment. Therefore, it's time to put up or shut up. Only my opinion, though!

Buying at 19p , got to be good .

sold up the other day at 21.5p was wondering how long the support would hold out at 20p level, guess that answers my question...

pma ... you are absolutly right, drilling is great fun, ask your dentist but when are we going to see some production?

tipton11
Your answer is in the last update.

Uranium mineralisation has been encountered in all holes completed and the Company is
currently interpreting these results, with conclusions expected in September.

Hopefully this will get back to the 25p + level before the drilling results.

well it is climbing nicly and quite a few market maker buys this week which I find interesting, sell off was overdone! but is that not always the case, still it does allow you to buy at a much cheaper price.

Driver,
are the mining results due at start or end of sept?
SP doesnt seem to be doing a lot. still holding att.
Alex

robertalexander
From the rns

Uranium mineralisation has been encountered in all holes completed and the Company is
currently interpreting these results, with conclusions expected in September.

another excellant read........shows the potential here. dyor

http://www.vaneminerals.com/UserFiles/Media/ResourceInvestor160507.pdf