North American Palladium Ltd. (NAP) is a precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada. NAP also operates the Vezza gold mine located in the Abitibi region of Quebec. The Company is in the business of exploring and mining palladium, platinum, gold and certain base metals. NAP operates in three segments: palladium operations include the LDI palladium mine and mill; gold operations include the Sleeping Giant gold mine and mill; and corporate and other. The palladium and gold operations include activities related to exploration, evaluation and development, mining, and milling. The Company also owns the Vezza gold mine located north of Val d�Or, Quebec. The Company�s other Quebec-based properties consist of Discovery, Flordin, Cameron Shear, Florence, Laflamme, Dormex and Harricana. The Company�s 100%-owned subsidiaries are Lac des Iles Mines Ltd. (LDI) and NAP Quebec Mines Ltd. (NAP Quebec).