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North American Palladium Ltd.

11:46 AM EST - North American Palladium Ltd. : provided an update on its 2012 exploration program at the Company's Lac des Iles palladium mine in Northern Ontario. These results include work completed from January to June, 2012. Highlights: Sheriff Zone drilling improves prospect for additional near-surface resources at LDI; Offset Zone infill drilling continues to deliver excellent results providing increased confidence in the resource; and NAP's Ontario land package increased through strategic property acquisitions consolidating the Company's LDI regional PGE property portfolio. North American Palladium Ltd.
shares T.PDL are trading up $0.13 at $1.79.