North American Palladium Ltd. announced results from its surface drilling program adjacent to its Lac des Iles Mine (“LDI”), located 90 km north of Thunder Bay, Ontario. Initial 2019 Drilling Results: The 2019 EMB drill program is designed to test a series of magnetic, electrical and gravity anomalies that were detected by airborne and ground geophysical surveys completed during the fall of 2018 and the first quarter of 2019. It is also intended to follow up on recent, encouraging exploration drilling results at both the Creek Zone and the Baker Zone. Most of the 2019 drilling has been focused around the Creek Zone, which has been intersected in several historical and recent drill holes. At the time of writing, 34 holes and 15,451 metres of drilling had been completed for the 2019 EMB exploration program. However, only 30% of the total metres drilled have complete and validated assay results. The zone is exposed at surface. The new drilling results suggest that it has a minimum strike length of approximately 200 metres and a minimum vertical extent of 600 metres. The estimated true thickness of the mineralization varies from between 10 metres and 75 metres. The zone is interpreted to reflect a steep south-dipping norite unit containing up to several percent disseminated base metal sulfides and associated palladium mineralization. Palladium, platinum, gold and base metal grades and metal ratios are similar to those in the Roby and Offset Zones, although base metal grades tend to be slightly higher at the Creek Zone per unit of palladium. The mineralization straddles a lithological boundary between a variable-textured, leucocratic norite in the north and an equigranular norite to melanorite in the south. These same rock types host the majority of historical palladium resources at LDI. Typical grades observed to date from the Creek Zone are in the range of 1 to 2 g/t Pd over the full width of the zone. Several of the 2019 drill holes intersected higher palladium grades in the range of 2 to 5 g/t over estimated true thicknesses of <1 m to several metres. The continuity and volume of this higher-grade mineralization will be addressed during the next phase of drilling. The Creek Zone remains open to the east and west, where it may be represented by untested geophysical anomalies. It is also open down dip to the south. In addition to the Creek Zone results, several of the 2019 holes encountered what is interpreted to represent the western continuation of the North VT Rim Zone. The latter was the focus of a small resource delineation program from 2012 to 2013 that produced an initial, near-surface resource estimate of 277,000 tonnes with an average grade of 2.23 g/t Pd. The North VT Rim Zone is distinguished from most of the known palladium zones at LDI by its limited thickness and low base metal sulfide content. There is untested potential for the zone to thicken to the east and down-dip from the current resources. The new drill results suggest that the North VT Rim Zone has a strike length of 2 km and is likely to extend to several hundreds of metres below the surface, generally following the steep south-dipping contact with the basement gneiss unit in the west and ultramafic rocks belonging to the North LDI Complex in the east. Program Plans: In the second half of the year, drilling will continue to test geophysical anomalies in the EMB and attempt to expand the current lateral and vertical extent of palladium mineralization at both the Creek and Baker Zones. Later this year, the most attractive mineralized trend(s) in terms of size potential, proximity to surface and grade-thickness continuity will be proposed for resource delineation drilling in 2020.