Build a premier growth-focused precious metals company
- Complete equity financings to ensure our ability to advance our projects and consider new opportunities
- Maximize shareholder returns and outperform equity indices
- Identify and evaluate high-quality opportunities that could enhance shareholder value
- Use synergies of our partners’ experience and NovaGold’s exploration expertise and community reputation to advance each project
Donlin Creek
- Complete optimization studies - bringing natural gas to the project could reduce power costs and provide additional cost reduction opportunities
- Revise feasibility study to include natural gas option and prepare for permitting
- Submit permit applications by end of 2011
- Focus on relationship with regulators and local communities as the project advances toward permitting
Galore Creek
- Complete mine plan update using higher copper and gold prices and optimized project design
- Initiate pre-feasibility study, completion targeted for first half of 2011
- Maintain and improve existing infrastructure and access road
- Continue community engagement and dialogue with regulators as the project advances toward permitting
Rock Creek
- Protect investment and infrastructure with care and maintenance plan
- Meet all environmental and permit requirements in 2010
- Determine path forward to maximize shareholder value
Ambler
- Work with State of Alaska, Alaskan Native Corporations and local communities to identify sustainable infrastructure and access plan
- Complete environmental, engineering and technical studies to prepare for pre-feasibility study and better realize true potential of Ambler district
Operational Excellence
- Publish first sustainability report
- Streamline the Company and carefully manage cash to ensure financial stability