$PAL Northern American Palladium SIGNIFICANT EXPLORATION UPSIDE •LDI represents a rare palladium -rich asset with excellent infrastructure & significant exploration upside •LDI complex has only been drilled in detail in a 1km x 1km area and remains largely underexplored •Multiple targets identified for follow up exploration near surface and underground •Regional land package covers the most prospective mafic complexes in the area (all PGM properties are less than 30 km from LDI mill) •Well positioned to convert exploration success into production and cash flow on an accelerated timeline http://www.napalladium.com/files/doc_downloads/NAP_Fact-Sheet_-November_2014.pdf
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