Paladin Resources Ltd.
TSX : PDN
ASX : PDN

Paladin Resources Ltd.

December 21, 2006 09:09 ET

Paladin Resources Ltd.: Valhalla Uranium JV & Bigrlyi JV Projects NI 43-101 Report Prepared

PERTH, WESTERN AUSTRALIA--(CCNMatthews - Dec. 21, 2006) - Paladin Resources Ltd. (TSX:PDN)(ASX:PDN) announced today that a technical report prepared by mineral resource specialists, Hellman and Schofield Pty Ltd, pursuant to the National Instrument (NI) 43-101 reporting obligations in Canada has been filed with SEDAR and can either be accessed from the following link www.sedar.com under the Company's profile or on the Paladin website (www.paladinresources.com.au.) This relates to the Valhalla Uranium Joint Venture Project, Queensland (50% Joint Venture with Summit Resources Limited) and Bigrlyi Joint Venture Project, Northern Territory (41.7% Joint Venture with Energy Metals Limited).

A.C.N. 061 681 098

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