NovaGold Resources Inc. received $25 million from Newmont Corp. as per the 2018 Share Purchase Agreement in which NOVAGOLD sold its 50% interest in the Galore Creek project in British Columbia, Canada. All amounts are in U.S. dollars. Under the terms of the Agreement1, total consideration payable by Newmont was up to $275 million. NOVAGOLD received [...]
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 and [...]
NovaGold Resources Inc. will release its 2023 second quarter financial results after market close on June 27, 2023. A conference call and video webcast to discuss these results will take place June 28, 2023, at 8:00 am PT . During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang; and Chief Financial Officer, David Ottewell [...]
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 [...]
Featuring a comprehensive review of NOVAGOLD's performance in all areas of Environmental, Social and Governance 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 [...]
NOVAGOLD's Annual General Meeting of Shareholders will be held virtually on May 18, 2023 at 1:00 p.m. PST Shareholders may vote on matters before the Meeting by proxy, join the virtual Meeting and vote, and may submit questions either during the webcast or in advance by email Following the Meeting, Chairman Dr. Thomas S. Kaplan and President and [...]
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 [...]
NovaGold Resources Inc. will release its 2023 first quarter financial results after market close on April 4, 2023. A conference call and video webcast to discuss these results will take place April 5, 2023, at 8:00 am PT . During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang and Chief Financial Officer, David Ottewell [...]
NOVAGOLD's Chairman Dr. Thomas S. Kaplan and Daniela Cambone, Editor-at-Large and Host of The Daniela Cambone Show at Stansberry Research, had a wide-ranging discussion spanning geopolitics, history, markets, investment strategy, gold opportunities, and NOVAGOLD's 2022 achievements. Our President and CEO, Greg Lang, summarizes the many advancements [...]
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 Corp., should be sufficient to advance Donlin Gold through an updated feasibility study. The 42,331-meter 2022 drill program was completed ahead of schedule and under budget. The Donlin Gold joint release [...]
Donlin Gold LLC , owned 50:50 by Barrick Gold Corp. and NovaGold Resources Inc. , is pleased to report the release of the final set of assay results from the 2022 drill program. The assay results for the final 44 drill holes and full 2022 drill program are reported in Table 2 in the Appendix. • The comprehensive 141-hole, 42,331-meter drill [...]
NovaGold Resources Inc. will release its 2022 year-end financial results after market close on January 25, 2023. A conference call and video webcast to discuss these results will take place January 26, 2023, at 8:00 am PT . During the webcast, NOVAGOLD's Chairman, Dr. Thomas Kaplan; President and Chief Executive Officer, Greg Lang; and Chief [...]