What the Papers say
AFX News : 15-January-2007
Vane Minerals starts drilling at North Wash, to start in north Arizona soon
LONDON (AFX) - VANE Minerals PLC said drilling at the North Wash project in Utah commenced on Jan 7 by the company's uranium subsidiary, VANE Minerals (US) LLC.
Drilling will reassess the vanadium grade of the deposit, which was not logged accurately at the time of previous drilling, as well as to confirm the uranium grades that were previously reported, the company said.
VANE geologists believe the North Wash project holds the potential for up to 1 mln pounds of uranium oxide and 5 mln pounds of vanadium oxide.
The company also said drilling is expected to start soon on its breccia pipe targets in northern Arizona. Mobilisation of the equipment to the Miller pipe is underway.