Rose Petroleum plc

Thomson Financial

3-October-2007

Vane Minerals says US unit identifies additional target in northern Arizona

LONDON (Thomson Financial) - Vane Minerals PLC said its Vane Minerals (US) LLC unit has identified an additional breccia pipe target on the Eastern Star-Rattlesnake group in northern Arizona, taking the total number of targets to 39.

The mineral exploration company said 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 100 pct held by Vane. In Utah, Vane said it 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.