VANE Minerals (US) LLC - Uranium

Arizona Breccia Pipe Projects

Initial drilling has been completed on three targets on the north rim. Shallow drilling has verified encouraging depressions on two of the three targets drilled. Drilling was inconclusive on the third target. An initial deep drill hole completed on one of the two favourable targets encountered weak uranium and significant sulfide mineralization, and altered rock indicating the target is a breccia pipe. Core obtained at various depths encountered fractured rock indicating the hole is along the edge of, but outside, the pipe. Drilling continues on north rim projects.

In addition, a geophysical contractor has been selected to conduct down-hole transient electromagnetics (DHTEM) in the deep drill holes completed on six projects with favourable initial drilling results. This program, scheduled to commence this month, is designed to detect the sulfide bodies that are inherent with uranium mineralization in breccia pipes and assist in planning follow-up drill holes.

The Company announced on 8 April 2008, that drilling had been postponed at VANE's operations within the Kaibab National Forest following the issuance of a Temporary Restraining Order (TRO) by the US District Court in Phoenix, Arizona. The TRO was issued as a result of questions raised by various environmental groups in a lawsuit asserting that the US Forest Service had approved VANE's Plans of Operations for exploratory drilling on seven projects in the Kaibab National Forest without full compliance with environmental procedures. VANE believes that all environmental requirements and procedures have been followed fully, but negotiations are in progress to settle the lawsuit. The Company is working to complete additional submissions to address environmental concerns in order to resume drilling operations. Drilling was completed at three targets prior to issuance of the TRO. Two of the three targets warrant additional drilling based on the initial results. In order to alleviate concerns over the environmental impact of the small scale, low impact drilling programs required to test breccia pipes, the Company has decided to complete further assessments beyond those which have historically been required and proved sufficient.

VANE's Arizona property portfolio is unaffected by a recent resolution of the Natural Resources Committee of the US House of Representatives requesting some 1 million acres of land near the Grand Canyon National Park to be withdrawn "from all forms of location and entry" (new claim staking).

Utah Stratabound Projects

A total of 19 drill holes were completed on the North Alice Extension project. The drill holes consisted of widely-spaced holes on widely-spaced fences designed to assess the potential of the property. The Company plans to further evaluate these results and consider completing additional drilling before moving ahead with the preparation of an NI 43-101-compliant resource report. The property has numerous historic drill holes which have been plotted and mapped to which VANE's results will be added (including the drilling results given in the Press Release of 16 November 2007), and further assessment will be made. The following table lists the drill holes and results from this round of drilling:

			Probe Results
Hole Number	Depth Drilled (ft)	Depth to Bottom (ft)	Thickness (ft)	Grade % eU308
NAE 08-1	900	860.0	12.0	Mineralized
NAE 08-2	900	831.5	1.0	0.09
NAE 08-3	900	843.0	1.0	0.05
NAE 08-4	900	842.0	1.0	0.07
NAE 08-5	890			Barren
NAE 08-6	940	839.0	5.0	Mineralized
NAE 08-7	960	827.0	3.0	Mineralized
NAE 08-8	960	837.0	2.0	Mineralized
NAE 08-9	960	847.5	3.0	Mineralized
NAE 08-10	960	866.5	2.0	Mineralized
NAE 08-11	920	892.5	2.0	Mineralized
NAE 08-12	920	858.0	7.0	Mineralized
NAE 08-13	900	860.0	1.0	Mineralized
NAE 08-14	860	724.0	1.0	Mineralized
NAE 08-15	880	847.0	1.0	0.08
NAE 08-16	760	671.5	3.0	0.07
NAE 08-17	760	686.0	8.0	Mineralized
NAE 08-18	760	689.0	3.0	Mineralized
NAE 08-19	740	685.0	20.0	Mineralized

Permitting for drilling is in the final stages on the Happy Jack and North Wash projects and drilling is scheduled to commence on Happy Jack during July to be followed by drilling at North Wash.

The Company continues in negotiations on a number of projects and strategic plays in both the US and Europe.

Minerales VANE SA de CV, Mexico

Operations, during the first half of 2008, at the Diablito Mine at Las Lumbres and at the successfully commissioned SDA mill at San Dieguito de Arriba have been running smoothly. A 20-hole drilling program designed to upgrade the 2006 resource estimate is now complete and the Company is awaiting assay results. Upon receipt and interpretation of complete assay results, a new resource estimate will be produced.

Drilling of 6 holes at the Bonanza gold-silver prospect, located 30km SE of the SDA mill, has been completed with assay results pending.

Paraguay

Due to the lack of drill availability in Paraguay, drilling on the six gold-silver-copper anomalies delineated by VANE is now scheduled to begin in late July or early August.

Porphyry Copper, USA

Porphyry copper exploration in the southwest USA continues with several targets being identified. Two prospects were drilled in the 1st half of 2008, with follow-up drilling warranted on one of the targets. Land positions are being solidified on the other identified targets and drilling is scheduled for the 2nd half of 2008.

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Steve Van Nort, CEO, commented: "We are well funded and have a number of drilling programs planned over the coming months within the uranium portfolio and outside. As an exploration company, this is the main driver of the business and although our share price has been affected by the market conditions, we continue to get on with the business in hand.

Frank Nelson, one of the co-founders of VANE Minerals, has retired after an outstanding career spanning 45 years. His service and advice will be greatly missed. The Company wishes Frank and his wife, Eli, all the best during their retirement years. They have earned it."

Enquiries

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

Enquiries

On 15 January 2008, the Company announced that it had received from the US Forest Service seven approvals to drill on projects located on Forest Service lands in the Kaibab National Forest. Following the grant of these approvals, a number of local environmental groups have sought to challenge the Forest Service's decision on various grounds and by various means, including recourse to the Courts.

On 12 March 2008, a Complaint for Declaratory and Injunctive Relief was entered in US District Court by the Sierra Club, Grand Canyon Trust, and Center for Biological Diversity (Plaintiffs), against District Ranger Richard Stahn and the Forest Service (Defendants), challenging the basis upon which the Forest Service approved VANE Minerals (US) LLC's Plans of Operations for exploratory drilling on the seven Kaibab National Forest projects.

On 4 April 2008, as part of the action against the Forest Service, the US District Court in Phoenix, Arizona issued a Temporary Restraining Order (TRO) to suspend VANE's drilling operations in the Kaibab National Forest pending a decision on the case. In light of the TRO, VANE has postponed drilling operations on these projects until the case is resolved. The date of the next phase of the case is due to be set imminently and further announcements will be made in due course.

VANE understands the issue raised as being whether exploratory drilling should be processed under a Categorical Exclusion (CE) or an Environmental Assessment (EA). Both VANE and the Forest Service believe that approval for the drilling activities falls in the CE category, based on current and past history. However, should the case be decided in favour of the Plaintiffs, it appears that, in order to seek to resume drilling, VANE would need to elevate the permit process to an EA.

VANE Minerals (VANE) is an AIM listed uranium mineral exploration and development company with a strong focus on North America. The Company has a strong portfolio of projects and was initially self-financed by production from the silver/gold Diablito Mine in Western Mexico.

VANE has built a substantial uranium portfolio in the US which, at present, is the main driver for the Company, offering considerable upside in these strong markets. VANE now has projects in Mexico, Paraguay and the US, incorporating exposure to uranium, gold, silver and copper.

The Company was founded by former members of the international exploration team of Freeport-McMoRan Copper & Gold Inc., one of the world's largest producers of copper and gold. The team negotiated exclusive access to Freeport- McMoRan's global exploration database, made up of 7,000-plus files generated over nearly 100 years of exploration. For further information, please review: www.vaneminerals.com.]]> Tue, 08 Apr 2008 00:00:00 GMT http://www.vaneminerals.com/news/general/257 Vane Minerals Plc (AIM:VML), today announces its preliminary results for the year ended 31 December 2007:

• The portfolio of uranium properties continues to grow, with the acquisition of a number of new assets in Utah and Arizona.
• The Arizona breccia pipe and Utah uranium drilling programs returned encouraging results – for Utah, a positive step towards the Company's aim of producing a resource estimate during the first half of 2008.
• The Diablito mine in the State of Nayarit, Mexico continued to operate smoothly.
• VANE’s San Dieguito de Arriba mill was commissioned, resolving the bottleneck associated with milling the Diablito ore. Full scale, 24/7, operation of the 100-120 ton per day mill began on 14th January 2008.
• A new programme has commenced focused on porphyry copper targets in the Southwestern USA and Northern Mexico and continues to develop and identify attractive targets.
• Paraguay officials issued an Exploration Permit for the Itabo concession that will allow VANE to proceed with our exploration programme, including drilling.
• Two convertible loans for an aggregate of £1.5 million were raised at attractive rates and more than £6 million was raised in a private placement of equity.
• Year-end cash balance £5,813,353

Steve Van Nort, Chief Executive Officer, commented "The past year has been one of determined progress for the Company, with significant growth of our uranium portfolio in the US through the acquisition of a number of new assets in Arizona and Utah. We continue to lead the way with regards to uranium exploration in highly prospective areas.”

Please click here to access the full report in PDF format.

Enquiries:

VANE Minerals Plc

Matthew Idiens

+44 (0) 20 7667 6322


Ambrian Partners Limited

Richard Brown

+44 (0) 20 7776 6417


Parkgreen Communications

Justine Howarth

+44 (0) 20 7851 7480


Thomas Weisel Partners

Paul Newman

+44 (0) 20 7290 9713

VANE announces that it has accepted the resignation of Robert Jeffcock, Non-Executive Director and Co-Founder of the Company, who is retiring with effect from 31st March 2008.

Kristopher K. Hefton (Aged 53), who has been with the Company since 2004, has been appointed to the board as Executive Director. Mr. Hefton, who is the COO of VANE's uranium division, VANE Minerals (US) LLC, and is based in the US, has considerable experience as a uranium geologist and is a valued addition to the VANE board. He joined the VANE group having previously worked for Freeport-McMoran, Barrick Gold Corporation, Homestake Mining Company and Energy Fuels Nuclear where he gained his initial experience in uranium exploration on the Colorado Plateau.

Mr Hefton owns 116,000 ordinary shares of the Company. There is no other information to disclose under paragraph (g) of Schedule 2 of the AIM Rules for Companies for the appointment of Mr. Hefton.

With the appointment of Mr Hefton, the Board will comprise 4 executive directors and 1 non-executive director. The Company is actively engaged in seeking two additional independent non-executive directors, including a Chairman to enhance the Board further as it pursues an intended dual listing on the Toronto Stock Exchange in the second half of 2008. A further announcement in this regard will be made in due course.

Steve Van Nort, CEO, commented "The board would like to thank Robert for his valuable contribution to VANE since its inception, during which time his vision has been integral in bringing the VANE group to its current position. We would like to take the opportunity to wish Robert a happy retirement. In addition, the Board would like to welcome Kris."

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 a substantial uranium portfolio of properties in the Colorado Plateau region, initially targeting the Arizona strip which holds the highest grade deposits in the US, contained in breccia pipes.

VANE Minerals Plc announces an update on its uranium activities in Utah and Northern Arizona conducted by VANE Minerals (US) LLC, its wholly-owned uranium subsidiary.

Abajo Basin, Utah

The Company has successfully acquired a 100% interest in an area previously held and explored with limited drilling by Union Carbide at the end of the last uranium cycle. The property extends to over 7,400 acres of exploration ground on the southwest trend of the Uravan Mineral Belt (uranium-vanadium) that extends from western Colorado into eastern Utah. The belt has historical production of over 63m lbs of uranium and 330m lbs of vanadium from 1948 to 1978.* The property consists of 3,678 acres of Utah Metalliferous Minerals Leases and 3,800 acres in Federal lode claims.

Northern Arizona Breccia Pipe Drilling

Further to its announcements on 19 September 2007 and 15 January 2008, the Company has completed additional drilling on the Miller Southwest Pipe as well as on its Eastern Star and Willaha targets and has received approval for additional drilling permit applications. Approvals have been received on Notices of Intent to drill from the Bureau of Land Management (BLM) on all five targets held by VANE on the north rim: NCP1, NCP3, NCP5, NCP7, and Cholla.

A second drill hole on Miller Southwest was completed to 1,650 feet that penetrated more of the pipe than the initial hole and intersected several intervals of uranium mineralization in the bottom 400 feet of the hole. The strongest mineralization consisted of intercepts of 7.5 feet at 0.04% eU3O8 from 1,254.0 - 1,261.5 feet and 5.5 feet at 0.04% eU3O8 from 1,277.0 - 1,282.5 feet. VANE geologists are encouraged by these intervals, which are located at the top of the favorable horizon for the development of ore-grade mineralization. The drill hole was outside the pipe below these intervals. Weaker mineralization was encountered deeper in the hole and is believed to be located in fractures.

At Eastern Star, two drill holes were completed 200 feet apart and located based on surface geology. Both holes intersected alteration and strong fracturing downhole consistent with the outlying zone of a mineralized pipe and one hole encountered 4X background gamma radiation at depth.

The Miller Southwest Pipe and Eastern Star targets are being evaluated for further drilling. Drilling is in progress on the Willaha target. The Company has been able to continue drilling operations through the winter and retain the drill rig, although unusually severe weather conditions have caused slight delays.

North Alice Extension drilling campaign in Lisbon Valley, Utah

Upon successful completion of the initial 17 drill holes previously announced (16 November 2007), the Company applied for, and has now received, approval from the BLM to drill an additional 75 holes over a larger permitted area. Drilling is expected to commence as soon as weather permits. A management estimate of an inferred resource has been reached from the initial drilling, where 8 of the 15 holes intersected ore-grade intercepts, of 120,000 lbs eU3O8 in mineralization with an average grade of 0.14% eU3O8 and a thickness of 8.8 feet. Whilst this estimate is not yet compliant with Canadian National Instrument (NI) 43-101, SRK Consulting is in the process of completing an NI 43-101-compliant report on the project with the intent of updating the report as further drilling results are obtained.

North Wash drilling project, Utah

The Company has submitted the Notice of Intent application to the BLM to drill up to 100 new exploration holes. Drilling is expected to commence once approval has been granted.

Other Business

In line with VANE's business strategy, the Company continues to pursue opportunities aggressively and is in negotiations on a number of new projects.

Matthew Idiens- Director of Corporate Development commented: " We are really pleased with the progress being made on all fronts, the combination of the successful fund raising at the end of 2007, the approval of drilling permits together with the company's aggressive acquisition strategy puts VANE in an excellent position for value creation."

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

* Source: State of Colorado report- uranium mining in Colorado

VANE Minerals (VANE) is an AIM listed uranium mineral exploration and development company with a strong focus on North America. The Company has a strong portfolio of projects and was initially self-financed by production from the silver/gold Diablito Mine in Western Mexico.

VANE has built a substantial uranium portfolio in the US which, at present, is the main driver for the Company, offering considerable upside in these strong markets. VANE now has projects in Mexico, Paraguay and the US, incorporating exposure to uranium, gold, silver and copper.

The Company was founded by former members of the international exploration team of Freeport-McMoRan Copper & Gold Inc., one of the world's largest producers of copper and gold. The team negotiated exclusive access to Freeport- McMoRan's global exploration database, made up of 7,000-plus files generated over nearly 100 years of exploration. For further information, please review: www.vaneminerals.com.]]> Tue, 15 Jan 2008 00:00:00 GMT http://www.vaneminerals.com/news/general/253 VANE Minerals Plc (AIM: VML)

VANE is pleased to announce that its wholly-owned uranium subsidiary VANE Minerals (US) LLC, has received approvals on eight "Plans of Operations" put forward by VANE for exploration drilling on its breccia pipe targets in northern Arizona.

Seven approvals to drill are on projects located on U.S. Forest Service lands in the Kaibab National Forest. According to the Forest Service, the applications received from VANE were the first submitted in over 20 years for breccia pipe drilling in this area. Activities in the area began to close in the mid-1980's due to uranium market conditions. The Company is very encouraged with these approvals and believes it has established a process whereby approvals can be obtained for projects on Forest lands on a timely basis moving forward. The approvals are for drilling on the Antelope Pipe and the CP3, CP4, CP6, CP8, CP10, and CP11 pipe targets. Approval of the applications comes following archaeological and biological surveys carried out by the Company in 2007.

The eighth approval received is on the Willaha target located on State of Arizona school trust lands. On surface indications are that this target contains uranium mineralization, with 5000 counts per second (cps) gamma radiation or 50 times background recorded by VANE in 2007 from a hand-held gamma-ray scintillometer.

These projects will be added to the current drilling schedule to be drilled in 2008. The Company is presently looking to contract a second rig suitable for breccia pipe drilling in order to accelerate the pipe exploration program.

Matthew Idiens, Director of Corporate Development commented: "These approvals are significant for the Company in that we are the first in 20 years to obtain permits from the Forest service in this area. The drilling programs continue to move ahead and following last year's successful fundraising, we believe the Company is in a strong position to create significant value for shareholders in 2008"

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

VANE Minerals (VANE) is an AIM listed uranium mineral exploration and development company with a strong focus on North America. The Company has a strong portfolio of projects and was initially self-financed by production from the Silver/Gold Diablito Mine in Western Mexico.

VANE has built a substantial uranium portfolio in the US which, at present, is the main driver for the Company, offering considerable upside in these strong markets. VANE now has projects in Mexico, Paraguay and the US, incorporating exposure to uranium, gold, silver and copper.

The Company was founded by former members of the international exploration team of Freeport-McMoRan Copper & Gold Inc., one of the world's largest producers of copper and gold. The team negotiated exclusive access to Freeport McMoRan global exploration database, made up of 7,000 plus files generated over nearly 100 years of exploration. For further information, please review: www.vaneminerals.com.]]> Fri, 30 Nov 2007 00:00:00 GMT http://www.vaneminerals.com/news/general/251 VANE Minerals Plc (AIM: VML)

Result of EGM

VANE announces that following its Extraordinary General Meeting ("EGM"), held at 11am today, all proposed resolutions were duly passed by shareholders.

The EGM was convened primarily to seek the necessary authorities to approve a placing of Ordinary shares of 10p each ("Shares") to raise approximately £6.25 million at a placing price of 17.5p per Share.

Application has been made for the 35,714,285 new Shares issued today to be admitted to trading on AIM. It is expected that trading in the Shares will commence on Monday 3rd December.

The net proceeds of the Placing will be primarily used to accelerate VANE's breccia pipe drilling campaign in Northern Arizona, where the Company has 39 drill targets, and to proceed with further rounds of drilling on the Company's six properties in Utah. It is envisaged that further drilling at the North Alice Extension and North Wash in Utah should enable the Company to produce a National Instrument 43-101 complaint resource statement in the early part of 2008.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules of the Financial Services Authority, the Board of VANE is required to notify the market of the following:

As at the date of this announcement, the Company's issued share capital consists of 190,108,108 ordinary shares with a nominal value of 10p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury.

The above figure of 190,108,108 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

"We're very confident", says Mr Idiens. "We're drilling the pipes as we go along, and once we get one with a nice couple of hundred feet at 0.5 per cent plus, we'd stick four holes in and then start thinking about sinking a shaft". Assuming a US$100 uranium price each pipe should net around US$230million. So, nice numbers, given that the company has 39 targets of which five are confirmed pipes, albeit that they work on a price assumption that looks a lot less secure than it did six months ago.

And it may be that the Canadians are the only ones who really appreciate such assets geologically. But those financial projections ought to attract anyone still bullish on uranium. They'll certainly be of interest in the City, where the technical aspects of a project are often appreciated simply on the say-so of a respectable consultant or a good analyst. In London the latest investors to buy into the VANE story with a £500,000 financing package are our old friends at City Natural Resources, and they boast not a single geologist amongst their number. But VANE's got an 88 page report from SRK, available for viewing on its website, in which the Arizona assets are referred to as "an excellent suite of exploration targets". It makes for encouraging reading for the technically-minded and the non-technical alike.

So in truth what Mr Idiens is doing when he tips his hat to Canadian expertise is preparing the way for a Toronto listing. This is something that hasn't yet been decided at a board level, let alone put to shareholders, but it's definitely on the cards. All of VANE's assets are in the Americas, and Mr Idiens aside, most of its directors are there too. There's the producing Diablito gold mine in Mexico, the brecciated uranium portfolio in Arizona, a strata-bound uranium project in Utah on which a 43-101 resource is due within the next six months, a huge exploration license in Paraguay, and another Mexican gold property that's only borderline economic. So VANE is very definitely a company of the Americas, and although the North American shareholder base is on the meagre side, that's something VANE would like to change.

An additional reason for a Toronto listing is the impact of the constant sniping by Nasdaq directors against the quality of Aim as a market. Aim has served VANE reasonably well over the years, occasionally delivering decent volumes, and allowing for several fund raisings. The company's share price has only really taken off, however, since it launched its foray into the uranium market last year. VANE has also historically struggled to retain the interest of the sales staff of some of the brokers it formally employed, although the current relationship with Ambrian seems strong enough. More to the point the recent appointment of Westwind as joint broker with Ambrian is a clear pointer back to Canada.

If the company does go onto the Toronto markets, the Canadians ought to like what they see. Not only is uranium still relatively strong at US$75 per lb, but the company is generating revenue of around US$250,000 per month from the Diablito gold property. That cash flow supports the uranium drilling programme, and that in turn ought to add value. That's the theory at least - you never know in this business. But, with a bit of luck, 2007 might just turn out to be the year in which VANE Minerals marked the beginning of a virtuous and highly lucrative circle.

Highlights from the report include:

• VANE's uranium breccia pipes offer an excellent suite of exploration targets worthy of continued exploration drilling.
• Several of the breccia pipes claimed by VANE were drilled in the early 1980's, with promising results.
• The evidence for the presence of uranium breccia pipes is apparent in the field and defines valid uranium exploration targets.
• The VANE program is one of identification of prospective pipe targets, followed by shallow drilling to define a pipe geometry, and deep drilling to test favorable stratigraphy in the pipes for uranium mineralization - a well planned and focused exploration program.
• Of the 38 breccia pipe properties held by VANE, five are confirmed pipes.
• One of the breccia pipes contains a historical intercept with up to 1.78% equivalent U3 O8.
• A program of drilling and gamma logging is justified to test the VANE exploration targets and it is possible to complete the steps suggested in the report in a 12 to 18 month time frame at a cost estimate of approximately US$2.85 million.

Alan V. Moran, a registered Geologist and certified professional geologist, of SRK Consulting (U.S.) Inc. is the Qualified Person who meets the criteria of a qualified person as set out in the National Instrument 43-101 ("NI43-101").

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

The full report is available to download from the Company's website - Click here

VANE is actively seeking a replacement who will fit well with its expansion into the North American markets and believes this gives the Company an opportunity to strengthen the board with this in mind.

Matthew Idiens, Director of Corporate Development, commented "The board would like to thank Michael for his contribution to VANE since its listing in June 2004, where he has helped to successfully guide the Company to the stage where its strategic goals are now taking it into a number of different areas. Michael believes that the board has the skills to embrace these new challenges, particularly with key developments in North America."

VANE Adds to Uranium Portfolio

VANE Minerals Plc ("VANE" or "the Company") announces an update on its uranium activities conducted by VANE Minerals (US) LLC, its wholly-owned uranium subsidiary.

In northern Arizona, an additional pipe target has been identified on the Eastern Star-Rattlesnake group which brings the total number of pipe targets held by VANE to 39. This group is made up of the Eastern Star property which is private land and the surrounding Rattlesnake claims consisting of 10 lode mining claims, both of which are held 100% by VANE.

In Utah, VANE has successfully located four lode mining claims on the La Sal channel where production is underway one mile to the west at the Pandora Mine which is owned by Denison Mines Ltd. The four Pine claims are adjacent to two areas of historic significant closely-spaced drilling. VANE's North La Sal property (announced 24-May-07) is also situated on the La Sal channel seven miles to the west.

The Company is pleased to demonstrate continued advancement and expansion of its uranium program and the addition of the Pine claims provides another strategic position along the prolific La Sal channel.

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

The mineral exploration company said this group is made up of the Eastern Star property, which is private land, and the surrounding Rattlesnake claims consisting of 10 lode mining claims, both of which are 100 pct held by Vane. In Utah, Vane said it has successfully located four lode mining claims on the La Sal channel where production is underway one mile to the west at the Pandora Mine, which is owned by Denison Mines Ltd.

• Continued production of gold and silver ore at the Diablito mine at 1,500 tonnes per month
• Acquisition and commencement of construction of a mill at San Dieguito located 18 kms from the Diablito mine
• £1m debt financing raised in the form of a convertible loan at 8% interest, converting at 29p per share
• 9,000 tonnes of lower grade ore stockpiled ready for processing through VANE's own mill
• Acquisition of uranium breccia pipe targets increased the total number to 34
• Drilling at the North Wash stratabound uranium prospect confirmed results obtained during the 1970s

Post Period End Highlights

• Mineralised breccia pipe discovered at Miller Southwest
• Number of uranium breccia pipe targets increased to 38 - further acquisitions anticipated
• Drilling commenced at North Alice Extension
• San Dieguito Mill nearing completion with processing expected to commence in October 2007
• Ore mined in period to June 2007 now processed
• Exploration underway at Bonanza Mine, State of Nayarit, Mexico

Michael Spriggs, Chairman of VANE Minerals plc, commented:

"Progress made this period has been encouraging for the Company. We continue to generate revenues via our production at Diablito; in the coming months this will be accelerated by the expected completion of construction of the mill at San Dieguito. VANE continues to increase its breccia pipe targets, now owning a total of 38. We anticipate to build on this further with the aid of the successful £1m fund raising in February"

The full Chairman's Statement and the financial statements can also be found by clicking on this link.

VANE Minerals Plc (AIM: VML)

Uranium Exploration Update

VANE Minerals Plc ("VANE" or the "Company") announces an update on its on-going northern Arizona breccia pipe exploration activities conducted by VANE Minerals (US) LLC, its wholly-owned uranium subsidiary.

HIGHLIGHTS

- Mineralized pipe discovered at Miller Southwest with 200ft of continuous mineralization

- All pipes contain uranium mineralization

- All targets drilled warrant additional drilling

- Additional pipe targets acquired taking total targets to 38

Drill holes have been completed on three of the four known pipes that VANE holds - Miller, Big Red, and Red Dike. In addition, a hole has been completed on the newly identified Miller Southwest target and has confirmed that the target is a mineralized breccia pipe.

Matthew Idiens, Director of Corporate Development commented "These initial results are encouraging and show the targets all warrant additional drilling; new down-hole geophysics techniques on these drilled holes should assist in positioning the next drill holes. Having tested 5 targets and with 4 of them showing such encouraging results we believe the total pipe package, which now stands at 38 targets, offers substantial potential".

Miller Southwest
The first hole completed on the project, hole 691-3 was completed to 1520 feet and discovered a new breccia pipe. The hole encountered 200 feet of continuous mineralization from 1230-1430 feet in the targeted ore horizon of the Hermit and Supai Formations. Within this interval an intercept averaging 0.10% eU3O8 over 16.5 feet was intersected that contained a high of 0.33% eU3O8.

Red Dike
Two holes have been completed, 698-1 and 698-2, both of which are mineralized, even though both holes did not appear to be in the pipe through the entire Hermit-Supai horizon. The gamma log in hole 698-1 reveals above background gamma levels from 495 to 595 feet and 965 to 1095 feet (which is above the favorable horizon), and also shows anomalous radioactivity in the bottom 300 feet of the hole which appeared to be outside the pipe. In addition, the log showed 5 feet of uranium mineralization at the Coconino-Hermit contact with grade up to 0.05% eU3O8. In hole 698-2, one narrow zone of weak mineralization was encountered between 1325 and 1335 feet. The maximum grade encountered was 0.02% eU3O8.

Miller Pipe
On the Miller Pipe, a second hole was completed on the inferred northwest part of the pipe. This hole, 691-2, was completed to the depth of 1605 feet and intersected the pipe through the favorable horizon and encountered anomalous uranium mineralization for 1113 feet from 402 to 1515 feet including the favorable Hermit-Supai section.

The results from Big Red Pipe were detailed in the press release of 3 May 2007.

Rabbit target
A programme of 11 shallow holes was completed on the Rabbit target. All targets drilled to date warrant additional exploration. VANE is investigating the use of down-hole geophysics in the completed holes in order to assist in the planning of further drill holes where the position of the pipe at depth has been difficult to locate.

The following is a summary list of deep holes completed on the northern Arizona pipe project to date:

PROJECT	HOLE NUMBER	DRILL DEPTH (ft)	MINERALIZATION	THICKNESS GRADE (ft-%)	SURVEY (ft @ azimuth)
Big Red	696-1	1,144	Top 100'	Trace Min	Deviation 13' @ 205°
Miller	691-1	1,445	565' - 568'	Mineralized	Deviation 44' @ 040°
	691-2	1,605	402' - 1,515'	Mineralized
					Deviation 26' @ 285°
Miller SW	691-3	1,520	1,230' - 1,430'	Mineralized
			1,344' - 1,354'	10.0' - 0.13%	Deviation 37' @ 010°
Red Dike	698-1	1,525	981' - 984'	Mineralized	Deviation 45' @ 020°
			1,120' - 1,121'	1.0' - 0.05%
			1,225'-1,520'	Mineralized
	698-2	1,525	1,323' - 1,325'	Mineralized	Deviation 8'@ 150°
			1,334' - 1,335'	Mineralized

TOTAL FOOTAGE	8,764
NUMBER OF HOLES	6
NUMBER OF PROJECTS	4

The breccia pipe drilling programme has been successful in that all holes drilled have been completed and all targets warrant additional exploration. The programme has been designed to test as many targets as possible under the current funding capabilities without exhausting permitted targets or risking the loss of the drill rig through under utilisation..

New Acquisitions

VANE has acquired an additional 1560 acres of Arizona State lands where 4 pipe targets have been identified to date. This now takes the total number of targets under VANE control to 38, 5 of which have now had first phase drilling.

Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

Enquiries:

VANE Minerals Plc

Matthew Idiens

+44 (0) 20 7667 6322



Ambrian Partners Limited

Richard Brown

+44 (0) 20 7776 6417

Parkgreen Communications

Laura Llewelyn / Beth Harris

+44 (0) 20 7851 7480

Enquiries:

Vane Minerals plc
Matthew Idiens	+44 (0) 20 7667 6322
Ambrian Partners Limited
Richard Brown	+44 (0) 20 7776 6400
Parkgreen Communications
Justine Howarth/Laura Llewelyn	+44 (0) 20 7851 7480

]]> Mon, 30 Jul 2007 00:00:00 GMT http://www.vaneminerals.com/news/general/235

AFX UK Focus (07-27-2007)LONDON (Thomson Financial) -

UK smaller companies closed lower today, extending earlier losses, with Robotic Holdings slumping by 17.74 pct on disappointing profit news.

The FTSE Small Cap index closed 31.60 points lower at 3,886.70, while the FTSE 100 index ended 36.00 down at 6,215.20.

Scoring one of the biggest falls was Robotic Technology, down 2-3/4 pence to 12-3/4, as it said it expects the group operating results for 2007 before exceptional items and amortisation to be lower than market expectations.

As predicted earlier, due to the low order intake at the start of 2007 and costs incurred to resolve an ongoing disputed contract in RTS Flexible Systems, trading in both its businesses has been weak in the first half of the year, the company said.

Profit warnings saw shares in two companies dip, including marketing, information and logistics specialist Dowlis Corporate Solutions, which fell 7 to 32-1/2.

It said it is expecting sales and profit for the full year to be below current expectations, primarily due to lower than expected growth in the promotional marketing division.

The other sufferer was manufacturer and distributor of digital printing systems Nipson Digital Printing, down 1-1/2 to 7-1/2, as it said it expects full-year results to be 'materially' below current market expectations due to delays in equipment sales in the first half.

The company said it has experienced further sales delays in the second quarter, although equipment sales were better than in the first quarter.

An in-line trading statement at its AGM failed to help online local search marketing company Infoserve Group, as shares fell back 5 to 45.

The company said it is confident that its contract with Yahoo Inc and other deals will support continuing growth in the current financial year.

There was also disappointment for Cenes Pharmaceuticals, slipping 0.70 to 3.55, as it said it intends to raise 6.1 mln stg by placing 5.79 mln shares at 105 pence each.

The company said it will use the proceeds chiefly for Phase III studies of lead drug M6G, its lead drug candidate for the treatment of post-operative pain, in the US.

There was cheer for Xansa, which rose 27-1/2 to 104, on news it is in advanced talks regarding a possible offer for the company at a premium to the current share price.

However: 'There can be no certainty that an offer for the company will be forthcoming', the outsourcing and technology company said in a statement in response to its share price movement.

Meanwhile, biosciences company Abcam extended earlier gains, up 35 to 345, as it is in preliminary talks with parties regarding a possible offer for the company, though reiterated that there can be no certainty an offer will be made.

Last month, Abcam said it expects to see full-year sales slightly exceeding market expectations, and will also see profits beating forecasts.

A similarly buoyant performance came from Renewable Energy Holdings, gaining 5 to 55 as it said it has entered into a binding memorandum of understanding with EDF Energies Nouvelles SA, under which, EDF will exclusively develop offshore wave power projects.

The companies will conclude a collaboration agreement which will permit EDF to develop the projects in the Northern Hemisphere and at Reunion Island in the Indian Ocean, using REH's proprietary CETO wave power technology, REH said.

Meanwhile shares in Amazing Holdings climbed 17-1/2 to 230 on news it has signed a deal with Larry Woolf-owned Navegante Group Inc to engage the latter's management services for Amazing's upcoming casino.

Financial details of the deal were not disclosed.

Amazing also reported 'considerable progress' on the casino project and said it was in the final stages of land acquisition on Penghu island.

And Vane Minerals ended the day 1-1/2 up to 22-1/4, on news 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.

Edited Press Release

LONDON (Dow Jones)--Vane Minerals said Friday that it 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.

The company said a drilling contract has been signed for an additional rig and drilling is expected to commence next week.

The initial programme will consist of up to 25 rotary holes to test the extent of mineralisation discovered by Homestake Mining Company ("Homestake"), which drilled a number of holes on trend northwest from the North Alice Mine to lead its development into that area, in the late 1970's and early 1980's. Homestake ceased drilling and mining in the early 1980's due to the decline in the uranium market. VANE believes that this property area holds a significant resource and the Company is attempting to obtain historic data collected by Homestake as an addition to its own drilling results, in order to ascertain a clearer resource estimate.

The Company has exclusive use of the drill rig being used for its ongoing breccia pipe campaign. This assures availability and will allow the rig to be employed for longer periods, which will expedite drilling progress on the pipes and will give the Company full control over drilling schedules.

Exploration drilling continues on the Company's breccia pipe properties in northern Arizona, where holes have recently been completed on the Red Dike pipe. Additional drilling is also in progress on the Miller pipe. Uranium mineralisation has been encountered in all holes completed and the Company is currently interpreting these results, with conclusions expected in September.

Geological mapping completed at the Eastern Star property has identified two additional pipe targets. An additional pipe target has also been identified at Miller, which has now been permitted and joins the queue for drilling along with the three Eastern Star targets.

The Company said it continues to work towards permitting its remaining properties for drilling and is in negotiations on several further uranium property acquisition opportunities. In addition, VANE has appointed a project geologist to the team, Matt Germansen, to assist with drilling programmes.

(END) Dow Jones Newswires

July 27, 2007 02:53 ET (06:53 GMT)

Copyright (c) 2007 Dow Jones & Company, Inc.

Application has been made to the AIM Market of the London Stock Exchange ('AIM') for the Shares to be admitted to trading on AIM ('Admission') and Admission is expected to occur at 8.00 a.m. on 29 June 2007.

Following this issue VANE has 154,393,823 Shares in issue with 154,393,823 voting rights.

Application has been made to the AIM Market of the London Stock Exchange ("AIM") for the Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur at 8.00 a.m. on 5 June 2007.

Vane now has 153,393,823 Shares in issue with 153,393,823 voting rights.

VANE Minerals Plc
Matthew Idiens
+44 (0) 20 7667 6322

Ambrian Partners Limited
Richard Brown
+44 (0) 20 7776 6417

Daniel Stewart &Co.
Katie Shelton
+44 (0) 207 776 6593

Parkgreen Communications
Cathy Malins/Annabel Leather
+44 (0) 20 7851 7480

A notice convening this meeting, and proxy forms plus the Report and Accounts for the period ending 31 December 2006 have been sent to shareholders and copies will be available from:

Enquiries:

VANE Minerals Plc
Matthew Idiens
+44 (0) 20 7667 6322

Ambrian Partners Limited
Richard Brown
+44 (0) 20 7776 6417

Daniel Stewart &Co.
Katie Shelton
+44 (0) 207 776 6593

Parkgreen Communications
Cathy Malins/Annabel Leather
+44 (0) 20 7851 7480

The La Sal channel is located in the Salt Wash Member of the Morrison Formation which is the main formation for uranium / vanadium production on the Colorado Plateau. According to U.S. Department of Energy records, production from the La Sal channel up to 1981 was 6.4 million pounds of uranium oxide (U3O8) and 28.8 million pounds of vanadium oxide (V2O5). Recent announcements from other companies working in the area have reported the start-up of mines on reserves in the La Sal channel. Some of these reserves are located in the Hecla Mine that is adjacent to the Company's lease.

Matthew Idiens, Director of Corporate Development, commented, "We are delighted to have acquired the North La Sal property, and given the area's historic production we believe that it has excellent exploration potential for both uranium and vanadium oxides. This represents a valuable addition to our existing uranium portfolio and we will look to realise the value of this asset as quickly as possible."

Enquiries:

VANE Minerals Plc
Matthew Idiens
+44 (0) 20 7667 6322

Ambrian Partners Limited
Richard Brown
+44 (0) 20 7776 6417

Parkgreen Communications Cathy Malins/Annabel Leather +44 (0) 20 7851 7480

About VANE Minerals:

Since December 2004, VANE Minerals has built a substantial uranium portfolio of properties in the US; initially targeting the Northern Arizona Breccia Pipe District which holds the highest grade deposits in the US.

The Company is using the silver/gold production at the Diablito mine in Mexico to help fund exploration work across its attractive portfolio of uranium as well as base and precious metal prospects.

VANE 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.

For further information, please review: www.vaneminerals.com

Click here to download a PDF version of this press release.

• The Diablito gold/silver mine in Mexico which generates around $2.6 million in revenue per year.
• Three stratabound uranium deposits in Utah, USA. The Happy Jack Mine could be producing as soon as mid-2008.
• 32 uranium targets in breccia pipes in Arizona, U.S.
• Three gold and copper exploration blocks in Paraguay (totalling 3445 square kilometres).
• A precious metals exploration project in Guadalcazar, Mexico.

Background and Strategy

The company was incorporated in 2002 following the decision by Freeport McMoRan [NYSE:FCX] to close its global exploration division in order to concentrate on the Grasberg mine in Indonesia (which is the world's largest gold mine and third largest copper mine).

Steven Van Nort, the outgoing senior VP of exploration and other members of the team negotiated an agreement with Freeport for exclusive rights until 2006 (since extended to 2009) to review Freeport's database of more than 7,000 exploration files which Freeport had accumulated over 85 years. The agreement gives Vane the right to examine the data to attempt to identify targets which could now be viable due to new technology, better metallurgy, higher metal prices or new geological concepts.

In return Freeport have an one-off option at either the time of reserve announcement and/or when the target goes into formal feasibility stage to become an equity partner with an interest of up to 25% by paying twice the incurred exploration costs (in proportion to the interest acquired).

VANE's strategy has been to acquire, define and develop projects selected either from a review of the databank or from contacts of the directors of the company to build a portfolio of assets which take advantage of identified strengths in specific commodities, and to realise the value of these assets either through exploration, or development or by selling them to a third party.

Bull Points

Of course any investment in an exploration company is speculative - but VANE Minerals has a number of bull points in its favour:

• The Freeport databank has enabled VANE Minerals to cherry pick, thereby giving it a considerable head start in identifying potential projects. The databank contains files on 7000 prospects including more than 4,500 in the U.S., 1200 in Canada and 500 in Mexico.

• The Exploration team is highly experienced and has a successful track record of discovery. Importantly, in view of the lost generation of uranium specialists, the team members also have considerable uranium experience. Between them the team members have been closely involved with the Santa Cruz copper discovery in Arizona, the Escondida copper find in Chile (believed to be the wor