About NOVAGOLD
About NOVAGOLD
A well-financed company managed by the right people, affiliated with the right stakeholders, and focused on the right objectives.
NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) is a pure gold play focused on Alaska’s Donlin Gold project in partnership with Paulson Advisers LLC. Donlin is positioned to be one of the world’s largest gold mines, with 39 million ounces in Measured and Indicated mineral resources at an average grade of 2.24 grams per tonne1 on a mineralized trend that occupies just five percent of its land package. We believe it offers investors extraordinary leverage to gold.
NOVAGOLD’s treasury remains strong with cash and term deposits totaling ~US$125 million as of August 31, 2025.
1 Donlin Gold data as per the report titled “NI 43-101 Technical Report on the Donlin Gold project, Alaska, USA” with an effective date of June 1, 2021 and the report titled “S-K 1300 Technical Report Summary on the Donlin Gold project, Alaska, USA”, dated November 30, 2021. Donlin Gold possesses Measured Resources of approximately 8 Mt grading 2.52 g/t and Indicated Resources of approximately 534 Mt grading 2.24 g/t, each on a 100% basis and inclusive of Mineral Reserves, of which approximately 5 Mt of Measured Resources and approximately 320 Mt of Indicated Resources inclusive of Reserves is currently attributable to NOVAGOLD through its 60% ownership interest in Donlin Gold LLC. Exclusive of Mineral Reserves, Donlin Gold possesses Measured Resources of approximately 0.9 Mt grading 2.23 g/t and Indicated Resources of approximately 69 Mt grading 2.44 g/t, of which approximately 0.5 Mt of Measured Resources and approximately 42 Mt of Indicated Resources exclusive of Mineral Reserves is currently attributable to NOVAGOLD. Donlin Gold possesses Proven Reserves of approximately 8 Mt grading 2.32 g/t and Probable Reserves of approximately 497 Mt grading 2.08 g/t, each on a 100% basis, of which approximately 5 Mt of Proven Reserves and approximately 298 Mt of Probable Reserves is attributable to NOVAGOLD. Mineral Reserves and Resources have been estimated in accordance with NI 43-101 and S-K 1300.