Paladin Resources Ltd.

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 under the Company's profile or on the Paladin website ( 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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