Rose Petroleum plc

The Stock Market Reporter

7-August-2006

UK Analyst

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VANE Minerals saw its shares move 0.5p better to 9.25p after the company said that it had secured three new exploration permits together with two new drilling licences for its uranium mining operations in the US. The group said it would explore three breccia pipe prospects, all of which are located in Federal lands in northern Arizona. The company now operates 22 breccia pipe prospects. Meanwhile, Vane said it had been authorised to drill at two of its Arizona breccia pipes and at its North Wash project site in Utah.