News Release

Company: Palladon Ventures Ltd.
Title: News Release
Text: Salt Lake City, Utah, October 20, 2005 Palladon Ventures Ltd. (PLL: TSX-V) is pleased to

announce that the following five amended technical reports, prepared by Rick H. Russell, M.Sc.,

Licensed Geologist, have been issued in connection with the Company’s property interests

located in Nevada and Utah:

· Technical Report for the Caldera Exploration Property in Nye County, Nevada …”;

· Technical Report for the Green Springs Exploration Property in White Pine County, Nevada

…”;

· Technical Report for the Main Area and New Butte Prospect at the Kings Canyon

Exploration Property in Millard County County, Utah …”;

· Technical Report for the Tobin Exploration Property in Pershing County, Nevada …”;

· Technical Report for the Windemere Exploration Property in Elko County, Nevada…”.

The above technical reports have been re-filed to comply with NI 13-101 for electronic document

retrieval and are available for viewing on SEDAR and on Palladon Ventures corporate website at

http://www.palladonmining.com/s/GreatBasin.asp .

For Further Information Contact:

Hamish Greig

604-484-7088 Tel

604-484-7044 Fax

info@palladonventures.com

ON BEHALF OF THE BOARD OF DIRECTORS OF

PALLADON VENTURES LTD.

Per: “Allan Williams”

AllanWilliams

Director

The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or

accuracy of the contents hereof.