North American Palladium Ltd. (NAP) is a platinum group metal (PGM) producer that has been operating its Lac des Iles (LDI) mine in northern Ontario, Canada. The LDI mine consists of an underground mine, an open pit a substantial low grade surface stockpile, a mill and a shaft with processing capacities of approximately 15,000 and 8,000 tons per day respectively. The primary underground deposits on the property are the Offset and Roby zones. The Company's Lac des Iles mine property is located approximately 90 kilometers in the northwest of Thunder Bay, Ontario in Canada. The Lac des Iles mine area is underlain by mafic to ultramafic rocks of the Archean Lac des Iles Intrusive Complex (LDI-IC). NAP's northwestern Ontario Greenfields PGE properties comprise over 21,000 hectares of land and seven discrete intrusive bodies.