Denver Gold Group > Member Company Profile > NovaGold Resources Inc.


Address

200 Granville Street , #2300
Vancouver, BC V6C 1S4
Canada


Value Drivers

  • Focused on Donlin Gold, jointly owned by NovaGold and Barrick Gold.
  • Well financed (cash position approximately US$350M) with clear steps forward.
  • Spinning out Ambler as NovaCopper. NovaCopper shares to be distributed to NovaGold's current shareholder base by Plan of Arrangement.
  • Core projects located in geo-politically stable North America.
  • Superior leverage to metals with a reserve/resource base comparable to many of the mid-tier producers.

Management

Chairman: Thomas Kaplan
CEO/President/MD:  Greg Lang
CFO: Elaine Sanders
COO: Gil Leathley

IR Contact

Ariadna Peretz
604-669-6227

www.novagold.net


Cautionary Information

© Copyright 2012, Denver Gold Group & NovaGold Resources Inc..

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

NovaGold Resources Inc.

Toronto Stock Exchange : NG

Last Updated: April 16, 2012


Status: Developer
Primary Mineral: Gold
Secondary Mineral: Copper
Primary Country of Operation: United States
Other Countries of Operation: Canada, Argentina

NovaGold (TSX: NG, NYSE-AMEX) is a precious metals company focused on advancing its flagship property, Donlin Gold, with the objective of becoming a low-cost gold producer. When Donlin Gold is in production, NovaGold's share of production for the first five years is estimated at 750,000 ounces of gold annually, with cash costs of US$409 per ounce.

NovaGold's management team brings decades of experience in all aspects of exploration, development, finance and project management. Greg Lang, President & CEO, joined NovaGold in 2012. Prior to joining NovaGold, he was President of Barrick Gold of North America, Barrick Gold's wholly-owned subsidiary. In that capacity, Mr. Lang had executive responsibility for Barrick Gold's nine operations in North America, including the Donlin Gold Project.


Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101, GEOs: No 

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.


Other Markets Traded On

NYSE-AMEX


Top Shareholders

  • Electrum Strategic Resources
  • M&G Investment Management
  • Paulson & Co.
  • Tradewinds
  • Aletheia

Capital Structure

Common Shares Outstanding: 278,035,356
Float (%): 77
Warrants Outstanding: 37,929,586
Options Outstanding: 12,921,635
Fully Diluted Shares: 328,886,577

Stock as of April 24, 2012

  Local: USD USD
Stock Price: 6.65 6.65
52-Week Range: 5.9300 - 13.4700 5.9300 - 13.4700
Market Cap: 1,848 MM 1,848 MM
Fully Diluted Market Cap: 2,185 MM 2,185 MM
1-Year Return: -50.00%