Owner: North American Palladium

Located north of Thunder Bay, Ontario.One of only two primary palladium mines in the world. Production from the open pit commenced in 1993, and from underground (via ramp) in 2006. Mine expansion underway to increase production and lower cash costs. Offers significant leverage to the rising price of palladium. Significant exploration upside identified underground near existing infrastructure, and near mine site.

Company’s world class Lac des Iles (LDI) palladium mine is one of only two primary palladium producers in the world. The mine is located approximately 85 kilometres northwest of the city of Thunder Bay in Ontario, Canada, and consists of open pit and underground mining operations and a large 15,000-tonne per day mill with excess capacity available for future production growth.