VANE Minerals’ discovery of copper at its McGhee Peak acreage is a significant milestone but much more work needs to be done, said broker Northland.
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VANE Minerals is an explorer and developer of copper and uranium projects in North America. The Company is supported by revenues from its producing silver/gold operations in Mexico. Utilising a team made up of leading industry professionals the Company is targeting porphyry copper targets in Southwest USA in addition to expanding its gold/silver operations in Mexico and exploring high-grade breccia pipe targets in North America
06/02/12
Mexican Gold & Silver Operations Update03/02/12
Copper exploration drilling update03/02/12
Appointment of Joint Broker16/01/12
Director/PDMR Shareholding13/01/12
Director/PDMR Shareholding03/02/12
VANE Minerals’ discovery of copper at its McGhee Peak acreage is a significant milestone but much more work needs to be done, said broker Northland.
10/01/12
VANE Minerals confirmed this morning that its Wate and Rose uranium projects are unaffected by proposed legislative changes that will see the withdrawal of 1 million acres of federal land in northern Arizona from mining activities.
09/01/12
The discovery of a copper porphyry deposit from one of 22 untested targets in Arizona and New Mexico could transform the valuation of VANE Minerals, according to research published today by Allenby Capital.
16/11/11
VANE Minerals is elephant hunting, but not in Africa or India. Its stalking ground is America’s porphyry copper province. This is an area that straddles the Arizona-New Mexico border and which is home to 60 per cent of all US production of the metal.
10/08/06
06/02/12
VANE Minerals gets lift as Mexico gold output picks up - UPDATE06/02/12
VANE Minerals gets lift as Mexico gold output picks up03/02/12
VANE Minerals finds copper in New Mexico16/12/11
VANE Minerals reports ‘very encouraging’ drill results from Rose uranium project14/11/11
VANE Minerals generates US$1 million from gold and silver inventory22/02/2012
24/11/2011

In 2001 Freeport-McMoRan Copper and Gold Co. ("Freeport") elected to disband their world-wide mineral exploration program to focus on Indonesia. At that time Senior Vice President of Exploration at Freeport, Steven D. Van Nort, took early retirement and together with other members of his team at Freeport formed NuVu LLC, a consulting company. They then negotiated an agreement with Freeport for exclusive rights to review the more than 7,000 world-wide exploration files assembled by Freeport during the previous 85 years ("The Databank"). The Freeport contract was then transferred to AVEN Associates LLC, a wholly owned subsidiary of VANE Minerals Ltd and remains with VANE to this day.
VANE Minerals Limited, was incorporated in April 2002 as a minerals exploration and development company primarily focused on defining and developing projects generated from the review of the Freeport Data Bank and from contacts of the Directors and their associates. VANE Minerals plc was admitted to AIM in 2004.

The Company has a highly qualified and experienced group of exploration, development and management personnel capable of maximizing the potential of any project. AVEN Associates, the US subsidiary of VANE, has the benefit of three senior geologists, all of whom are directors of VANE Minerals plc, with cumulative experience in exploration, development and mining of over 100 years. VANE Minerals plc is also able to draw on other directors with further experience in assembling large exploration land positions, raising funds and initiating, organizing and managing start-up ventures.
With its vast experience in porphyry copper exploration the team has assembled, through both contacts and the Freeport data base, a number of potential targets in the southwest US area. These targets are being systematically investigated.
Since December 2004, VANE (US) LLC, a wholly owned subsidiary of VANE, has aggressively acquired a uranium portfolio in the US. VANE (US) LLC has built up a considerable portfolio of projects, covering both strata-bound deposits in Utah and the unique high grade breccia pipe projects in Northern Arizona, where on part of the district VANE has a 50/50 Joint venture agreement with Uranium One Exploration (USA) (“U1”) in which, in general terms, VANE does the exploration and U1 will do the mining, allowing VANE to concentrate on what it is good at, the exploration. Each breccia pipe has the potential to contain between 1 and 5 million lbs of U3O8 at a grade in the region of 1% U3O8, amongst the highest grade in the US.

The Company also has producing gold/silver assets in Mexico, a wholly-owned mill, and a Merrill-Crowe cyanide leaching plant in Mexico, helping finance the group's exploration programme. The Mill has the potential for additional capacity for feed from other projects and enables the company to seek further sources of cash flow in the region.
The company has been active in investigating many projects, both through the "Freeport Data Bank" and through contacts of the principals, in Central and North America.
The copper portfolio consists of a number of targets that have been identified through both the database and our contacts and are being investigated further.
The company has producing Gold/Silver assets, a wholly-owned mill, and a Merrill-Crowe cyanide leaching plant in Mexico, helping finance the group's exploration programme. The Mill has the potential for additional capacity for feed from other projects and enables the company to seek further sources of cash flow in the region.
Since December 2004, VANE has built a substantial uranium portfolio in the US, consisting of both breccia pipe and stratabound projects. VANE, at present, has a portfolio of breccia pipe and stratabound projects. Breccia pipes contain some of the highest grade uranium deposits found in the US, with grades approaching 1% U3O8. The company continues to develop and build its portfolio in this exciting area.
VANE Minerals plc's principal advisors are:
Nominated Adviser and Broker:
Allenby Capital Limited
Claridge House
32 Davies Street
London, W1K 4ND
Solicitors to the Company:
Squire, Sanders & Dempsey (UK) LLP
2 Park Lane
Leeds
LS3 1ES
Auditors and Reporting Accountants:
Baker Tilly UK Audit LLP
2 Whitehall Quay,
Leeds,
West Yorkshire,
LS1 4HG
Registrars:
Capita Registrars
Northern House
Woodsome Park
Fenay Bridge
Huddersfield
West Yorkshire
HD8 0LA
Financial Public Relations:
Bankside Consultants Limited
1 Fredericks Place
London
EC2R 8AE
Independent Geological Consultants:
SRK Consulting Tucson
3275 W Ina Rd
Tucson,
AZ 85741-2152,
United States
General Enquiries:
Bankside Consultants Limited
Simon Rothschild/Elena Kuza
Email: simon.rothschild@bankside.com
Tel: +44 (0) 20 7367 8850
1 Fredericks Place
London
EC2R 8AE
Share Holding Information
Issued Share Capital: (Updated 26th October 2011)
Number of ordinary shares of 0.1p each in issue: 442,923,658
Number of deferred shares of 9.9p each in issue: 190,108,108
Number of shares held in Treasury: 0
| David Newton | CEO | 500,000 |
| Sir Richard Needham | Chairman | 1,750,000 |
| Steve Van Nort | Director | 6,500,000 |
| Matthew Idiens | Director | 14,805,880 |
| L Clark Arnold | Director | 10,500,000 |
| Kris Hefton | Director | 116,000 |
| Edwin M P Farrant and related parties | Private Investor | 19,000,000 |
Shares not considered to be in public hands: 8.79%
Updated from company website 3.11.11