North American Palladium Ltd. (TSX:PDL,NYSE AMEX:PAL) announced positive results from the Preliminary Economic Assessment on its Offset Zone located at the Lac des Iles mine north of Thunder Bay, Ontario.
The press release is quoted as saying:
NAP is a Canadian precious metals company focused on the production of palladium and gold in mining-friendly jurisdictions. Lac des Iles, the Company’s flagship mine, is one of North America’s two primary palladium producers. Located approximately 85 kilometres northwest of Thunder Bay, Ontario, Lac des Iles has produced palladium since 1993. NAP also owns and operates the Sleeping Giant gold mine located in the prolific Abitibi region of Quebec.