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.

Looks to me like a broker was short of stock and couldn't fill a order, so he had to get one of his buddies to help him out! lol the sp like it anyway...

From the companys web site...............

I just love this comapny's board, they just keep things in the eye with regular updates like this -

VANE Minerals plc (AIM: VML)
Update on Guadalcazar


Vane Minerals ("VANE" or "the Company") announces that it has successfully renegotiated the option payments for its major Guadalcazar exploration project, in the state of San Luis Potosi, Mexico.

VANE has deferred the US$300,000 payment due Minera Apolo SA de CV in June 2005, reducing this payment to US$30,000 with another payment of US$30,000 to be made in December 2005. The outstanding balance of US$240,000 will be due for payment in June 2006. The Company still retains the right to exit the agreement at any stage with no financial penalties.

Three to five further drilling targets are expected to emerge from the review of the first round drilling programme, completed at Guadalcazar last March. VANE expects to begin testing these areas at the end of the summer period.

Michael Spriggs, Chairman of VANE, commented, "This renegotiation is very good news for VANE as it gives us ample time to continue exploring this extensive project without incurring substantial costs other than those committed to direct exploration. This will allow us to concentrate on pursuing our strategy of identifying and developing the mineral potential of Guadalcazar."

Background:

Guadalcazar is a large, newly recognised hydrothermal system, previously thought to be alluvial until recently defined by the VANE team. The project comes directly from the Freeport-McMoRan Inc. Exploration Database that is available to the Company and therefore is subject to the agreement the Company has with Freeport-McMoRan (details of which can be found at the company's website www.vaneminerals.com). The exploration licence covers an area in excess of 20 sq km. Within this large area, through geochemical and geophysical sampling, the Company has identified drilling targets which the Company believes may reveal a large gold deposit.

Nice rise this morning. (The two larger "sells" being almost certainly buys.)

Uranium price moved up a little this week and we're due some news fairly soon...

Cheers, Madison

At last!! this one has been boring so far.

At last!! this one has been boring so far.

A few healthy buys coming in. Been a few weeks since we've seen that. Let's hope for some more.

Cheers, Madison

And up it goes!

Sudden amount of healthy interest in this today again?

Baza

any rumours about?

Blimey look at the volume. Is it rising in sympathy with that other uranium stock zareba or something like that?.

cheers GF.

i doubt zareba has anything to do with it but something is up....

Something is very definitely in the wind !!

Baza

From another board -

"Made the usual call and its seems more than possible that there might be a realease of news on the nexr round of drilling results on Monday from 'Mina' and the indication is that they will be on the good side.

Hope that helps.

Naturally some others out there have caught the 'possible' news on the gossip network earlier today.

Monday will be an interesting day."

Unfortunately (today anyway) I'm not holding, just an interested spectator btw.

Good luck.

wow! just checked my portfolio... Happy days

Hi Daws, just cracking open a celebration bottle. I knew this day would come, just hope it's going to endure. Will save the champagne till I'm actually in profit again!

Wilbs - jelly and icecream in the fridge for you.

Cheers guys, see you all bright and rosy at 7 on Monday.

Madison... lol!

Also bought higher then this! But did managed to average down. Dont intend to sell until i see what direction were taking with regards to uranium etc.
Not to fussed about next week, company is still on target with all projects it just a matter of being patient.

Hope you don't have a headache...

Daws

Glad to see this moving again! Miners are the hardest stocks to hold as they swing severely the best idea is just to sit tight as the news flow has all been positive and everything is ticking over nicely. Hopefully we'll hold on to the gains, or at least some of them fingers crossed.....

Vane Minerals PLC
18 July 2005



VANE Minerals Plc
(VML.L)

Mina Charay Drilling Update

VANE Minerals Plc is pleased to announce the completion of nine holes in a third
round of diamond drilling at their Mina Charay Project located near Los Mochis
in the state of Sinaloa, Mexico.

A total of 27 holes varying in depth from 24 to 103 metres and averaging 58
metres have now been completed at Mina Charay. Inclined holes intersected the
nearly vertical vein system in 19 of the 27 holes completed to provide 32
mineralized intercepts. Drilling has now tested the system over a strike length
of some 240 metres. The mineralized intercepts averaged 1.7 metres in length and
contained an average of 13 g/t gold and 93 g/t silver. The veins are believed to
have an average true width of 1.2 metres. The deepest intercepts of the vein
system are approximately 50 metres below surface; the system remains open at
depth.

The initial assay results are tabulated below, routine check assaying is now in
progress. After confirmation of analytical results, the data will be provided to
Independent Mining Consultants (IMC) of Tucson to develop a resource estimate
and preliminary mine plan.

Gold Silver
DDH No. From To Interval g/t g/t
m
16 46.2 47.0 0.8 2.91 192.0
16 47.0 48.0 1.0 23.28 157.7
16 48.0 48.9 0.9 5.55 360.0
17 54.7 55.5 0.8 20.770 219.4
17 55.5 56.3 0.8 9.560 467.9
18 58.5 59.5 1.0 11.42 42.9
18 59.5 61.0 1.5 62.87 37.7
18 69.7 70.8 1.1 19.5 109.7
18 70.8 71.5 0.8 11.14 30.9
20 42.0 43.0 1.0 3.36 168.0
20 67.4 68.3 0.8 1.95 42.9
20 68.3 69.1 0.8 0.55 133.7
20 71.3 72.5 1.2 78.71 524.5
21 22.3 23.0 0.7 11.79 238.2
21 26.6 27.9 1.3 6.72 114.8
21 50.1 50.5 0.4 109.04 216
21 50.9 51.6 0.7 0.21 22.3
22 33.3 34.7 1.4 45.32 54.8
22 36.1 38.0 1.9 2.26 32.6
22 45.0 45.7 0.7 0.79 22.3
23 12.7 13.7 1.0 17.40 41.1
23 13.7 14.7 1.0 15.91 104.5
24 24.8 25.9 1.1 5.140 51.4
25 59.5 60.2 0.7 7.37 44.6
25 60.2 61.0 0.8 74.25 106.3

Chairman Michael Spriggs commented 'These results are very encouraging and we
are pleased with the whole project so far. As you can see from the grades
achieved, Mina Charay offers good potential to develop a profitable mine, which
should strengthen VANE's cash flow position and enable the company to expand
rapidly.'

We all knew they would come up good sooner or later.

Could anyone clarify it these results are outstanding? They seem to me to be rather dissapointing no?