Rose Petroleum plc

AFX News

5-May-2005

Vane Minerals gets exploration rights to 16 uranium properties in Arizona

LONDON (AFX) - Vane Minerals PLC has obtained exploration rights to 16 properties in the breccia pipe uranium district of Northern Arizona. The company said this was in line with its planned uranium programme, as previously announced.

In addition to these 16 properties, Vane said it continues to identify and investigate other opportunities for acquisitions within the uranium sector.

Michael Spriggs, chairman of Vane said: 'These 16 properties show great potential and we are delighted to add them to the Vane portfolio.'