Palladon Ventures Ltd.

Palladon Ventures Ltd.

April 05, 2006 12:21 ET

Palladon Appoints Chief Technical Officer and Technical Team

SALT LAKE CITY, UTAH--(CCNMatthews - April 5, 2006) - Palladon Ventures Ltd. (TSX VENTURE:PLL)(FWB:PV-1) is pleased to announce the following appointments for the management and advisory teams for Palladon's Iron Mountain project in Iron County, Utah.

Chief Technical Officer:

Dr. Michael Nelson, Ph.D. Former positions with US Steel, Kennecott Copper Corp., Western Zirconium.

Dr. Nelson holds seven U.S. patents and one Canadian patent in such areas as mine automation, mining methods, process control, and on-line analysis. Dr. Nelson is currently a professor of mining engineering at the University of Utah. Dr. Nelson holds a B.S. in Metallurgical Engineering and an M.S. in Instrumentation Physics from the University of Utah, and a Ph.D. in Mineral Engineering from West Virginia University. He has been a director of Palladon Ventures Ltd. since October, 2005.

Palladon Iron Project Manager:

Ms. Lindsay J. Foot has authored 10 technical publications, has presented at 8 international conferences, and recently completed an M.S. in Biomedical Engineering at the University of Utah. Ms. Foot will also act as Palladon's liaison officer for railways, site security, property management, and mining contractors.

Palladon Iron Technical Team:

To meet the ambitious production schedule for the Palladon Iron project, Nelson and Foot have put on retainer to Palladon a team of internationally-known experts, each with more than 30 years. experience in process design, equipment selection, and plant design.

Ron Harma: 37 years with Cleveland Cliffs; in operations, R&D, engineering, project development, plant startups, business development, and general management.

Robert McIvor: Chief Engineer, Grinding Systems, at MetCom Consulting, L.L.C. Former processing engineer at Empire, LTV, Northshore, Tilden, and Wabush plants for Cleveland-Cliffs, Inc.

Eric Spiller: former Director of Metallurgical Services for Newmont Mining Corporation and V.P of operations for Outokumpu Technology, Inc.

The technical team is presently preparing the final conceptual plant design. The plant flowsheet, including material and water balances, is scheduled to be completed by the mid April, 2006.

Profiles for the members of Palladon's technical team can be viewed at the company website at

On Behalf of the Board of Directors,

Donald G. Foot, Jr., President & Chief Operating Officer

About Palladon

Palladon Ventures Ltd. is a junior resource company focused on the exploration and development of mineral resource projects worldwide. Development stage projects include the Western Utah Copper Project near Milford, Utah, the Iron Mountain project near Cedar City, Utah, in addition to exploration stage projects in Utah, Nevada, and Argentina.

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of the contents hereof.

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