Rose Petroleum plc

Appointment of Uranium Exploration Manager


Appointment of Uranium Exploration Manager

VANE Minerals Plc is pleased to announce the appointment of Frank Bain as Exploration Manager of its wholly owned uranium subsidiary, VANE Minerals (US) LLC.

Mr. Bain brings to the Company a high level of relevant expertise in uranium exploration, having worked as an exploration geologist with Kerr McGee Minerals in Wyoming and also with Energy Reserves Group specifically on uranium breccia pipes in northern Arizona. Most recently, Mr. Bain was Field Office Geologist for the U.S. Bureau of Land Management and so also brings invaluable experience in U.S. permitting procedures.

Following the decline in uranium prices in the 1980's, Mr. Bain entered base and precious metals exploration with Asarco, a major copper miner in the US, and managed projects including the San Manuel Project. As a consulting geologist, he also managed projects for BHP Billiton, Phelps Dodge Mining, TVX Gold and Pegasus Gold.

Mr. Bain holds B.Sc. degrees in both Geology and Land Management and has 30 years professional experience in the industry. He is also a Registered Professional Geologist in the State of Wyoming.

Matthew Idiens, Director of Corporate Development commented: "We welcome Frank as Exploration Manager to VANE's uranium team. As we are all aware, there is a dramatic skills shortage in the mining industry internationally, but particularly in uranium given that the industry entered a major downturn in the 1980's. It is therefore of great benefit to VANE to gain a geologist with Frank's level of uranium exploration expertise to strengthen our existing pool of uranium knowledge, particularly with regards to the specialised areas of both breccia pipes and stratabound deposits."