Acquisition

Vane Minerals PLC
24 May 2007



                               VANE Minerals Plc



                   ACQUISITION OF NORTH LA SAL PROPERTY, UTAH



VANE Minerals Plc is pleased to announce that its wholly-owned uranium
subsidiary, VANE Minerals (US) LLC ('VANE (US)' or 'the Company'), has acquired
a 100% interest in the North La Sal Property, a 320 acre exploration lease on
State land located on the prolific La Sal channel in southeastern Utah.



The La Sal channel is located in the Salt Wash Member of the Morrison Formation
which is the main formation for uranium / vanadium production on the Colorado
Plateau. According to U.S. Department of Energy records, production from the La
Sal channel up to 1981 was 6.4 million pounds of uranium oxide (U3O8) and 28.8
million pounds of vanadium oxide (V2O5).  Recent announcements from other
companies working in the area have reported the start-up of mines on reserves in
the La Sal channel.  Some of these reserves are located in the Hecla Mine that
is adjacent to the Company's lease.



Matthew Idiens, Director of Corporate Development, commented, 'We are delighted
to have acquired the North La Sal property, and given the area's historic
production we believe that it has excellent exploration potential for both
uranium and vanadium oxides. This represents a valuable addition to our existing
uranium portfolio and we will look to realise the value of this asset as quickly
as possible.'





Enquiries:



VANE Minerals Plc
Matthew Idiens
[phone]



Ambrian Partners Limited
Richard Brown
[phone]



Parkgreen Communications
Cathy Malins/Annabel Leather
[phone]



About VANE Minerals:



Since December 2004, VANE Minerals has built a substantial uranium portfolio of
properties in the US; initially targeting the Northern Arizona Breccia Pipe
District which holds the highest grade deposits in the US.



The Company is using the silver/gold production at the Diablito mine in Mexico
to help fund exploration work across its attractive portfolio of uranium as well
as base and precious metal prospects.



VANE 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 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.





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






                      This information is provided by RNS
            The company news service from the London Stock Exchange