the company website, page-8

Satori,

The website is working. I have just downloaded this part from the website itself, and to me, it makes very interesting reading.

""June 6th, 2011, Melbourne: The Directors of Pluton Resources Limited (?Pluton?) (ASX:PLV) are pleased to announce a positive outcome as part of the Pre-Feasibility Study (PFS) currently being undertaken by Pluton for development of the Irvine Island Project, Western Australia.

The results highlight the potential for a significant iron ore project at Irvine Island, providing a roadmap for development which maximises returns for shareholders while minimising the project?s environmental footprint.

COMMENTS BY PLUTON RESOURCES CEO, MR TONY SCHOER:
??The Pre-Feasibility Study findings support the development of a significant and profitable project at Irvine Island producing a premium iron ore product with low impurities?.
??Irvine Island enjoys the added benefit of deep water access and close proximity to Asia, and is free from the rail and infrastructure constraints that generally typify deposits within the Pilbara region?.
??The initial PFS results are based solely on an evaluation of the Indicated Mineral Resources at the southern end of the Hardstaff Peninsula, supporting an eleven year Mine Life operation producing an estimated 40Mt of saleable concentrate, generating revenues in excess of A$5.6 billion?.
??Stage 2 evaluation of Irvine Island?s Inferred Mineral Resources and mineralisation from other areas of the Hardstaff Peninsula and Isthmus Region will be included in the Definitive Feasibility Study. Stage 2 is expected to significantly increase the mine life for minimal, if any additional capital expenditure?.
??The PFS has provided us with a roadmap for development of Irvine Island which includes an initial stage of on-island processing to produce a 40% total iron pre-concentrate which will be shipped to Asia for final beneficiation?.
??This will produce a high quality iron ore averaging 67% total iron containing universally low impurities. We believe the final concentrate would attract a significant premium within the market when sold?.
??The Company has been in discussions with several Asian beneficiation companies and end users who are willing to work with us to produce this high quality product for their markets. The PFS result gives us the confidence to finalise commercial negotiations in the near future?.
??Importantly the process selected for the project ensures that we meet our stakeholder and environmental objectives. These include providing employment and business opportunities for the traditional owners of Irvine Island, the Mayala People and minimising the environmental impact of operations on Irvine Island?.
??On the basis of the Pre-Feasibility Study results, we will now proceed with confidence to a Definitive Feasibility Study. Based on the delivery schedule prepared by Pluton, the intention is to achieve first production in late 2013/early 2014 subject to approvals?.""

I hope this help.

Cheers