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Revision History For: Pallaum Minerals (ASE:PLM)

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Pallaum (PLM:ASE) is gearing up for a very busy year.

PLM has about 9 million shares out and well financed with over $2 million in the bank. This will easily cover their drill plans for the year.

They have great properties in Nevada which they are planning to start drilling very soon. The most advanced is Bullion Mountain, which is in the Battle Mountain - Eureka Trend area and about 3 miles from the Placer Dome Hilltop discovery. Two other properties are in the same area, the CVP property is situated immediately east of the Placer Dome Pipeline deposit.

They also have 3 properties in Pershing and Churchill counties in north-eastern Nevada.

In South Voisey's Bay they have a 25% stake in the Adlatok 2 property, which is surrounded by the Donner/Teck strategic alliance. The Adlatok 2 property has shown a striking resemblance to the Diamondfields nickle discovery.

Peter