-- 27,900-Meter Drill Program Expected to Result in Increased Resource and Will Support Future Mine Design-- Significant Intercepts, Including 86 Meters Grading 1.31% Cu and 0.46 g/t Au, Lead to the Discovery of the New Legacy Zone Adjacent to Central PitVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/25/13 -- NOVAGOLD RESOURCES INC. (TSX [...]
NOVAGOLD today released its fourth quarter and year-end financial results and project update for its flagship 50%-owned Donlin Gold project in Alaska and its 50%-owned Galore Creek project in British Columbia. Details of the Company's financial results for the year ended November 30, 2012 are presented in the consolidated financial statements and [...]
Gold's appeal as a safe haven increased Wednesday as nation's gross domestic product unexpectedly shrank in the fourth quarter. "Gold is reasserting itself as a flight to quality asset," said Adam Klopfenstein, senior market strategist with Archer Financial. Five Star Equities examines the outlook for companies in the Gold Industry and provides [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/24/13 -- NOVAGOLD RESOURCES INC. (TSX: NG)(NYSE MKT: NG)(NYSE Amex: NG) will release its fourth quarter financial results before market open February 12, 2013, followed by a conference call and webcast at 8:00 am PDT (11:00 am EDT) on the same day. The webcast and conference call-in details are [...]
Gold stocks have surged recently on optimism that policy makers would come up with an alternative to the upcoming "fiscal cliff". Gold prices have gained 6 percent in 2012, marking its 12th consecutive year of gains. The Market Vectors Gold Miners ETF (GDX) spiked 3.36 percent on the last trading day of 2012. The Paragon Report examines investing [...]
- Electrum Group Lifts Stake to 27%VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/02/13 -- NOVAGOLD RESOURCES INC. (TSX: NG)(NYSE MKT: NG)(NYSE Amex: NG) received proceeds of CAD$46.4 million on December 31, 2012 from the exercise of the entirety of the 31,337,278 share purchase warrants held by Electrum Strategic Resources L.P. The warrants [...]
Gold stocks surged Wednesday as gold futures gained nearly $20 an ounce to settle at a 1-month high on optimism that lawmakers could make a deal which would avoid the upcoming "fiscal cliff". The Market Vectors Gold Miners ETF (GDX) spiked 1.5 percent Wednesday. The Paragon Report examines investing opportunities in the Gold Industry and provides [...]
NovaGold announces that Gillyeard Leathley, the Senior Vice President and Chief Operating Officer will be retiring at the end of November, 2012. He will continue to serve as a Senior Advisor to the President and Chief Executive Officer and as a Director of the Company and Donlin Gold LLC. Gil has more than 50 years of experience in the mining [...]
After a strong third quarter, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down more than 4 percent over the last month, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled more than 5 percent over the that period. Five Star Equities examines the outlook for companies in the Gold Industry [...]
NovaGold is pleased to announce that it has completed the transfer of Alaska Gold Company, including the Rock Creek property in and around Nome, Alaska, to Bering Straits Native for $6.265 million. NOVAGOLD also announced that the State of Alaska accepted completion of the initial phase of the Rock Creek closure plan and released $6.8 million of [...]
NovaGold today announced results for the third quarter ended August 31, 2012 along with an update on the advancement of its flagship 50%-owned Donlin Gold project in Alaska and its 50%-owned Galore Creek project in British Columbia. The most significant milestone in the third quarter was the commencement of permitting at Donlin Gold with the [...]
Gold Prices last week reached a 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines investing [...]