Page 9 - Demo
P. 9

 PROJECTED LIFE CYCLE
  updated technical studies, engineering & construction
operation
1.1Moz/year life of mine (27+ years)2
 exploration & environmental studies
permitting
  current status
 of vendors and high student participation. Donlin Gold also sponsored the annual Best in the West competition at the Kuskokwim campus of the University of Alaska to encourage and support the leaders of tomorrow.
In January 2022, NOVAGOLD established the Mining and Geological Engineering Scholarship at the University of Alaska (Fairbanks & Anchorage) to help support students seeking bachelor’s degrees in mining or geological engineering, with a focus on underrepresented students as a commitment to foster diversity in the industry.
Along with supporting initiatives in Alaska, NOVAGOLD recognizes the importance of sponsoring events in the
areas where we operate. In May of 2021, we sponsored and participated in the Mining for Miracles Pie Throw, a fundraising event in support of the BC Children’s Hospital in Vancouver. Each year, senior leaders from across the industry are paired up in a friendly fundraising competition, with the one raising the most money earning the right to toss a pie at the other. I was happy to participate in this event and help raise funds for the Cellular and Regenerative Medicine Centre. In a healthy competition with Red Conger from Teck, I was on the receiving end of the pie.
These various community partnerships, activities, and programs form just one dimension of NOVAGOLD’s multi- dimensional commitment to sustainable and responsible development.
Following completion of a strong 2020 drill program, our plan for 2021 was to complete the work necessary to validate mineralization continuity and structural control, as well as test extensions of high-grade zones within different rock types. This information was important to increase confidence in geologic modeling concepts ahead of an updated feasibility study.
We re-opened the Donlin Gold camp in May 2021 with numerous improvements completed ahead of the ambitious field season. Specifically, heavy equipment was purchased, kitchen facilities expanded, a new recreation area furnished, sleeper capacity expanded, camp facilities remodeled, a large new warehouse added, core logging, and cutting facilities upgraded. With the crews operating efficiently – and without increasing the budget – the drill program was expanded to include 13 additional holes to gather more closely spaced
data to assess the dominant controls and orientations of gold mineralization. I am delighted to report that the 2021 drill program was completed in September, on time and on budget, with 79 holes drilled for a total of 24,264 meters. The program yielded some of what I view as the best results in the gold mining industry for an open-pit project, and we are grateful to our local and Alaska partners who have worked with us to reach these important milestones.
2021 DRILL PROGRAM —
CONTINUING & CONSISTENT SUCCESS
PRESIDENT & CEO’S MESSAGE 7

















































































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