North American Palladium Ltd. (TSX:PDL)(NYSE Amex:PAL) has signed an agreement with Diagnos Inc. to acquire the Harricana North Property situated in Quebec's Abitibi region north-north-west of its 100%owned Sleeping Giant mine and mill.

The press release is quoted as saying:

North American Palladium is a precious metals company that owns the Lac des Iles mine, which produced platinum group metals for 15 years until October 2008 when it was placed on temporary care and maintenance due to low metal prices. Prior to the temporary shutdown, the mine had annual production of 270,000 ounces of palladium, 20,000 ounces of platinum and 20,000 ounces of gold.

Click here to access the entire press release ^[1]

Click here to access North American Palladium Corporate Site ^[2]