Pluton Resources Limited (ASX:PLV) Pre-feasibility Study Update

Melbourne, May 27, 2011 AEST (ABN Newswire) - Pluton Resources Limited (ASX:PLV) wish to advise that the company has completed processing of all data required for the pre-feasibility study. The economic model is now being finalized prior to sign-off by all competent persons.

The final pre-feasibility study will be submitted for Board approval next Friday 3rd June following which an announcement will be made to the market.

The pre-feasibility results will determine the optimum processing method to create the best return for stakeholders while meeting the company's corporate social responsibilities.

Contact

Mr. Tony Schoer Managing Director Mob: +61-0411-232-711 Email: tschoer@plutonresources.com