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Pastimes : coug's news and views
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From: coug2/16/2011 9:18:29 AM
   of 3961
 
North American Palladium Provides Palladium Exploration Update: Continued Excellent Results

Symbol Price Change
PDL.TO 7.57 0.00


Press Release Source: North American Palladium Ltd. On Monday February 14, 2011, 5:58 pm EST
TORONTO, ONTARIO--(Marketwire - 02/14/11) - North American Palladium Ltd. ("NAP") (TSX:PDL - News)(AMEX:PAL - News) today provided an update on the drill results from its 2010 exploration program at the Company's flagship Lac des Iles ("LDI") palladium mine in Northern Ontario. These results (see appendix) are the third and final tranche of drill results from the 2010 drill program at LDI.

Highlights:

-- Continued positive drill results throughout the Offset Zone (including 40 metres at 6.2 g/t Pd)-- Excellent results from definition drilling in the top part of the Offset Zone-- Offset Zone continues to extend higher towards surface-- Deep drilling results confirm Offset Zone continues at depth-- Cowboy Zone intersected again in Offset drilling
"After completing nearly 80,000 metres of drilling in 2010, we remain very optimistic that LDI has considerable exploration upside with the potential to increase production and extend mine life," said William J. Biggar, President and CEO. "The exploration results highlight the significant potential to grow our reserve and resource base through exploration."

More ....

finance.yahoo.com

To view the entire release with the figure diagrams in the appendix, please visit the following link:

cnrp.marketwire.com
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