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  • North American Palladium Ltd. (PAL) Appoints Peck As Head Of Exploration 0 comments
    Feb 24, 2012 5:35 PM | about stocks: PAL

    North American Palladium Ltd., an established precious metals producer, has announced that Dr. David C. Peck has been appointed as the company's head of exploration. Dr. Peck will begin his new position on March 1.

    Peck is a professional geoscientist and has almost 30 years of experience in exploration, as well as extensive research experience focused on magmatic Ni-Cu-PGE (nickel, copper, platinum group of elements) ore deposits. Peck is recognized as a worldwide expert in PGE exploration and has served as a senior technical and strategic consultant for many public and private companies; he has also worked on exploration and mining projects in more than a dozen countries. Peck was additionally involved in several noteworthy magmatic Ni-Cu-PGE discoveries in Canada and also overseas.

    Dr. Peck most recently served as the president and senior technical and strategic consultant at Revelation Geoscience, a geoscience and exploration consulting company that he helped found. He has also served as the global nickel commodity leader at Anglo American plc, overseeing both the technical and strategic aspects of its global nickel exploration programs, and as a senior geologist for Falconbridge Ltd., overseeing project generation in western North America. Dr. Peck has additionally worked as a senior mineral deposits geologist for the Manitoba Geological Survey, as an adjunct professor at two Canada universities, as a graduate course instructor in mineral exploration at Laurentian University, and as the technical lead for a multi-year mineral potential study sponsored by the Ontario Geological Survey. Dr. Peck has authored many public presentations and government and academic publications relating to his specialization area.

    North American Palladium anticipates that Peck's expertise will significantly enhance the company's efforts to achieve its organic growth initiatives, as the company has merely begun to scratch the surface of delineating future increases to its palladium resources at the company's Lac des Iles (NYSE:LDI) mine and adjacent properties. Worldwide, few available palladium exploration opportunities are as technically attractive and have such a low risk profile as LDI. The company's current project pipeline promises great potential for continued resource expansions and new discoveries.

    North American Palladium has been operating LDI - its flagship mine - in Ontario, Canada, since 1993. One of only two primary producers of palladium on earth, LDS is presently undergoing a large expansion to increase production and lessen cash costs per ounce. The company additionally operates the Vezza gold mine, which is located in the Abitibi region of Quebec.

    For further information about North American Palladium, visit www.nap.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: PAL
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