Sampling Results

Vane Minerals PLC 10 November 2005 VANE Minerals Plc (AIM: VML) Sampling Confirms High Grade Copper Mineralisation at Choix Prospect VANE Minerals Plc ('VANE' or 'the Company') today announces the confirmation of exposed copper mineralisation at its Choix Prospect, Sinaloa, Mexico. This mineralisation was found in rock chip samples which were taken in September 2005. A total of 34 samples were collected at surface from three near-parallel, NE-SW trending zones. 22 of those samples were collected from the 'South Zone', a cluster of outcrops about 250 metres long and varying from 50 to 80 metres in width. Seven samples were collected from the 'Middle Zone' which is located about 200 metres north of the South Zone and which outcrops over an area of 150 by 30 metres. Only three samples were taken from the poorly-exposed 'North Zone' which is located about 280 metres further north of the Middle Zone. From the samples collected by VANE, total copper values from 32 of the 34 samples range from 0.56% to 3.23% Cu at an average grade of 1.85%. Values of acid-soluble copper in those 32 samples average 1.67%, indicating that 90% of the copper should be recoverable by leaching. Initial indications are that the project offers great potential for an open pit leachable high grade copper project. Original data on the property, taken by Cambior Exploration SA de CV in July 1996, showed that 80 surface samples had been collected over an area measuring 600 metres by 500 metres. These were assayed for copper, gold, silver, lead and zinc. Copper values over 1.0% were obtained in 25 samples, while values between 0.5% and 1.0% copper were found in an additional 17 samples. With the sampling now complete, VANE expects its first round of drilling at the project to commence in December or as soon as the equipment can be mobilised. Michael Spriggs, Chairman of VANE, commented: 'We are very encouraged by the initial samples taken from the Choix property and look forward to drilling the property in order to ascertain the vertical extent of copper mineralisation. We are confident that this project will add further significant value to VANE's portfolio.' VANE's ex Freeport McMoran exploration team have a significant history of identifying extensive copper prospects. Steven Van Nort has 19 years' experience working at Hanna Mining in world-wide nickel laterite and porphyry copper exploration. L. Clark Arnold worked for 17 years with Lowell Mineral Exploration, and was jointly responsible for the development and implementation of a statistically based method of porphyry copper prospecting which eventually led to two major discoveries: the Santa Cruz deposit in Arizona and the Escondida mine in Chile. Frank Nelson worked for 23 years as an exploration geologist for Freeport. During that time he was often involved with porphyry copper projects and was involved in the discovery of the Ertsberg East orebody in Papua, Indonesia. Enquiries: VANE Minerals plc Seymour Pierce Limited Parkgreen Communications Matthew Idiens Jeremy Porter Justine Howarth / Cathy Malins 020 7667 6322 020 7107 8000 020 7493 3713 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. As such, the initial focus has been to identify high grade gold-silver projects which can be brought into production as quickly as possible in order to provide revenue towards funding the development of potentially much larger projects. VANE is well on its way to achieving this objective as commercial production began at the Diablito mine in Mexico in November 2005. The Company will use the revenue generated by this first producing mine to help fund development work across its attractive portfolio of gold, silver, copper and uranium assets in Mexico, Paraguay and the US. For further information, please review: www.vaneminerals.com This information is provided by RNS The company news service from the London Stock Exchange
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