North American Palladium Announces Positive Exploration Results from Lac des Iles Mine

North American Palladium (“NAP” or the “Company”) (TSX:PDL) (OTC PINK:PALDF) is pleased to announce positive exploration results from the Offset South Zone (“Offset South”) at its Lac des Iles mine property (“LDI” or the “Property”). Offset South is located adjacent to the low cost Sub-Level Shrinkage (“SLS”) mining zone and has the potential to significantly add to the resources currently being mined in that zone. The Company has also made significant progress exploring other targets on the Property and has commenced drilling on the recently added Sunday Lake property.
Jim Gallagher, President and CEO of North American Palladium, said:

“We are encouraged to see the positive drill results from the Offset South Zone. This large target has the potential to significantly increase the resources currently being mined as part of the low cost SLS mining zone.
We have started a follow up exploration drilling program to establish and evaluate the continuity, average grade and true thickness of the newly discovered palladium mineralization in the Offset South Zone.”

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