AGM Statement

Vane Minerals PLC
15 May 2006


                               VANE Minerals Plc
                           ('VANE' or 'the Company')

                        Result of Annual General Meeting


VANE is pleased to announce that all the resolutions proposed to shareholders at
the Company's AGM held today, Monday 15th May 2006, were duly passed.


About VANE Minerals:

VANE Minerals was founded by the former international exploration team of
Freeport McMoRan Copper & Gold Inc., one of the world's largest producers of
copper and gold.  The team negotiated exclusive access to Freeport McMoRan's
global exploration database, made up of 7,000 plus files generated over nearly
100 years of exploration and, following the review of these files, VANE is
ideally placed to capitalise on project acquisition opportunities.  The Company
has assembled a highly qualified and experienced management team with a proven
track record in exploration and development, who have spent their entire careers
searching for and defining large scale mineral deposits.

The Company's principal objective, as set out at the time of its listing in June
2004, is to be a self-funding exploration company.  VANE is well on its way to
achieving this objective and recently made the transformation from being a pure
exploration company to being a producer, with the successful development
throughout 2005 of the Diablito gold and silver mine in Mexico.  Diablito is
currently producing at a rate of approximately 1,500 tons per month to provide
gross revenues of some $420,000 per month.  The Company will use the revenue
generated by this first producing mine to help fund development work across its
exciting exploration portfolio of gold, silver, copper and uranium assets in
Mexico, Paraguay and the US.

For further information, please review: www.vaneminerals.com .


Enquiries:

VANE Minerals Plc
Matthew Idiens
[phone]

Parkgreen Communications
Cathy Malins
[phone]






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