EXHIBIT 5.1






                 KPMG LLP                              Telephone  (416) 228-7000
                 CHARTERED ACCOUNTANTS                 Telefax    (416) 228-7123
                 Yonge Corporate Centre                Internet      www.kpmg.ca
                 4100 Yonge Street, Suite 200
                 Toronto ON M2P 2H3
                 Canada



            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


The Board of Directors
North American Palladium Ltd.:

We consent to the incorporation by reference in this registration statement on
Form F-10 of our report dated March 29, 2006, with respect to the consolidated
balance sheets of North American Palladium Ltd. as at December 31, 2005 and
2004, and the related consolidated statements of earnings (loss) and deficit and
cash flows for each of the years in the two-year period ended December 31, 2005,
which report appears in the annual report on Form 40-F of North American
Palladium Ltd. for the year ended December 31, 2005.

We also consent to the reference to our Firm under the headings "Auditors" and
"Summary Consolidated Financial Data" in the prospectus, which is part of this
registration statement.


/s/ KPMG LLP

Chartered Accountants

Toronto, Canada
October 4, 2006


       KPMG LLP, a Canadian limited liability partnership is the Canadian
            member firm of KPMG International, a Swiss cooperative.