North American Palladium Ltd. (TSX:PDL,OTC Pink:PALDF) provided an update on its greenfields exploration activities. The update includes details on a recently completed drill program in the unexplored northern area of the Legris Lake property. 

Highlights from Legris Lake are as follows: 

Magmatic sulfide mineralization, locally exceeding core lengths of 20 metres and having anomalous copper, nickel and PGM concentrations, was intersected in three drill holes including 15.7 metres averaging 0.33% Cu and 0.23 g/t Pt + Pd + Au (“3E”) in hole 18-LL-001.

Drilling targeted previously untested magnetic and electromagnetic anomalies that constitute the Stonefish Lake target, which is situated within a 5 km long gap between the Legris Lake mafic complex and the Lac des Iles mafic complex.

The magmatic sulfide mineralization is hosted in previously unrecognized mafic intrusive bodies that have geochemical and mineralogical similarities to rock types in the LDI complex.

These drilling results, combined with geophysical survey data, open up a new exploration corridor directly adjoining the southeastern side of the LDI mine property.

Jim Gallagher, president and CEO of North American Palladium, commented:

The recent drilling results at Legris Lake highlight the significant potential to make new discoveries in our Greenfields exploration areas. We are particularly excited about the first discovery of LDI-type intrusive rocks between the LDI Complex and the Legris Lake Complex, which opens up a new target area within a short distance from our mine and mill. We look forward to continuing our investment in our Greenfields properties as part of our long-term exploration strategy to fill the LDI mill for many years to come.