North American Palladium Exploration Update

North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced an update on its 2012 exploration program at the Lac des Iles palladium mine in Canada.

North American Palladium’s President and CEO, William J. Biggar said:

The encouraging results from the Sheriff Zone speak highly to the future prospects of the LDI land package. Beyond our focus on underground reserve and resource growth, we continue to uncover opportunities for potential new sources of surface ore feed. Through the leverage of our large, underutilized mill complex, NAP is very well positioned to convert exploration success into production and cash flow on an accelerated timeline.

Click here to read the North American Palladium Ltd. (TSX:PDL) press release.