NOVAGOLD Reports Third Quarter 2023 Financial Results

2023-10-03 14:09:17 Successful Completion of 2023 Field Program, Positioning the Donlin Gold Project for the Next Phase of Development Increased Cash and Term Deposits to $130 Million With the Receipt of $25 Million The 2023 field program at the Donlin Gold project was completed safely and successfully on schedule in July, with 63% of its direct […]

NOVAGOLD Receives $25 Million from Newmont

2023-07-27 14:07:04 Third payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project Treasury exceeds $125 million VANCOUVER, British Columbia, July 27, 2023 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (NYSE American, TSX: NG) (“NOVAGOLD” or “the Company”) received $25 million from Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont”) as per the 2018 […]

NovaGold Resources Reports Second Quarter 2023 Financial Results

2023-06-27 15:57:57 Advanced the Necessary Fieldwork, Resource Model and Trade-Off Studies to Prepare the Donlin Gold Project for the Next Phase of Development Robust Treasury of $109 Million in Cash and Term Deposits, with $25 Million of Receivables in the Third Quarter 2023 The 2023 Donlin Gold field program which commenced in February 2023 has safely […]

NovaGold Resources Announces Election of Directors and Voting Results from 2023 Virtual Annual General Meeting of Shareholders

2023-05-23 14:08:18 A total of 284,457,954 or 85.17% of the Company’s issued and outstanding shares were represented at the Meeting All six proposals to shareholders were approved, including the election of all eleven director nominees; Hume Kyle, Daniel Muñiz-Quintanilla, and Dawn Whittaker join the Board During the 2023 proxy season, NOVAGOLD placed outreach calls to […]

NovaGold Resources Issues 2022 Sustainability Report

2023-05-11 14:20:48 Featuring a comprehensive review of NOVAGOLD’s performance in all areas of Environmental, Social and Governance (ESG) including health and safety, environmental stewardship, social and community engagement, and corporate governance; Demonstrating an excellent health and safety record and continued strong commitments to environmental protection, community investment, and stakeholder engagement at the Donlin Gold project; […]

NovaGold Resources Reports First Quarter 2023 Financial Results

2023-04-04 14:07:11 Donlin Gold Commenced Fieldwork, Advanced Resource Modelling and Trade-Off Studies in Preparation for Updated Feasibility Study Strong $116-Million Treasury with $25-Million Receivable due in July 2023 The 2023 field program commenced early in the year to complete the necessary fieldwork and geotechnical drilling for the Alaska Dam Safety certificates applications. With the successful […]

NOVAGOLD Resources Reports Fiscal Year 2022 Financial Results

2023-01-25 15:13:38 NOVAGOLD’s strong cash position of $126 million as of November 30, 2022, with additional funds of $25 million due in July 2023 from Newmont Corporation, should be sufficient to advance Donlin Gold through an updated feasibility study. The 42,331-meter (m) 2022 drill program was completed ahead of schedule and under budget. […]

NOVAGOLD Resources Reports Third Quarter 2022 Financial Results

2022-10-04 14:19:36 Advancing Donlin Gold to Prepare the Project for the Next Phase of Development; Robust Treasury of $132 Million in Cash and Term Deposits, with $25 Million of Receivables in 2023 The 42,334-meter drill program is wrapping-up for the year. The joint release issued by NOVAGOLD, Barrick and Donlin Gold on July 28, 2022 […]

NOVAGOLD Resources Reports Second Quarter 2022 Financial Results

2022-06-29 14:07:43 Donlin Gold’s Largest Drill Program in Over 10 Years Advancing in Preparation for Feasibility Work Strong Treasury of $142 Million in Cash and Term Deposits; $25 Million of Receivables in 2023 Building on the success of the 2021 drill program, drilling commenced in February 2022 with four drill rigs operating for 34,000 meters of […]

NOVAGOLD Resources Reports First Quarter 2022 Financial Results

2022-04-05 14:26:00 Final Results from 2021 Donlin Gold Drilling Program Continued toDeliver High-Grade Intercepts as expected, Supporting the Modelled Resource Estimate 2022 Donlin Gold Drill Program is Largest in more than a Decade, Focused on Advancing Preparation for Feasibility Work Robust $155-Million Treasury with 2023 Receivable of $25 Million The success of the expanded […]

NOVAGOLD Issues its 2021 Annual Report Featuring a Conversation Between Dr. Thomas Kaplan and John Hathaway

2022-03-31 12:16:21 NOVAGOLD’s Chairman Dr. Thomas Kaplan and John Hathaway, portfolio manager of Sprott Hathaway Special Situations Strategy and co-portfolio manager of the Sprott Equity Fund, have a fireside discussion on a broad range of topics, including gold’s market trajectory, jurisdictional safety and cryptocurrencies. Our President and CEO Greg Lang summarizes NOVAGOLD’s […]

NOVAGOLD Resources Reports Fiscal Year 2021 Financial Results

2022-01-26 15:24:01 Multiple High-Grade Intercepts Recorded at Donlin Gold’s Successful 2021 Drilling Program Additional State Permits Received Strong Cash Position Maintained The Donlin Gold project (“Donlin Gold” or the “project”) safely and successfully completed a comprehensive 79-hole, 24,264-meter drill program in 2021 that produced multiple significant gold intercepts. The results to date have served to […]