VANE Adds to Uranium Portfolio
Wednesday, October 3rd, 2007
VANE Minerals Plc announces an update on its uranium activities conducted by VANE Minerals (US) LLC, its wholly-owned uranium subsidiary.
– Additional breccia pipe target identified in northern Arizona taking total number of targets to 39
– Additional new claims on prolific La Sal channel, Utah
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.