Canadian Palladium Resources Inc. has signed a contract with Vital Drilling of Val Caron, Ontario for a 10,000 metre diamond drilling program on the Company's East Bull Palladium Property. Drilling will commence shortly with the expectation of having core to view at the Prospectors and Developers Association of Canada (PDAC) Convention in early March. Access to the property is via a numbered highway that connects to a bush trail previously built to service historic drilling. Selection of diamond drill sites by the company's geologists and advisors has commenced.