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NOVAGOLD Resources Inc. advances the Donlin Gold project, a federally permitted gold development asset in Alaska held through Donlin Gold LLC. Recent company news centers on project advancement, Bankable Feasibility Study activity, project leadership, infrastructure and energy-supply planning, community engagement, and environmental stewardship.
Coverage also includes NOVAGOLD's operating and financial results, capital actions, shareholder meeting matters, proxy voting topics, equity-based compensation plan proposals, and governance updates tied to its public-company status on the NYSE American and TSX under the symbol NG.
NOVAGOLD announced the successful completion of the 2020 drilling program for the Donlin Gold project, co-owned with Barrick Gold. The program involved 85 holes and 23,400 meters of drilling, revealing promising initial assay results, including high-grade gold intervals. As of August 31, 2020, NOVAGOLD maintains a robust treasury of $126.3 million in cash and term deposits, plus $100 million in receivables from Newmont Corp. The ongoing implementation of strict COVID-19 protocols has ensured employee safety, allowing operations to continue effectively.
NOVAGOLD RESOURCES INC. (NG) plans to release its 2020 third-quarter financial results post-market on September 30, 2020. A conference call and webcast for discussing these results is scheduled for October 1, 2020, at 8:00 am PT (11:00 am ET). Investors can access the conference via phone or webcast, with options for North American and international callers provided. The details for the call will also be archived on NOVAGOLD's website for one year.