Member Company Profile

NOVAGOLD

NG:US|Last Price: USD 9.23|Market Cap: USD 2.98 B

USD 4.65        USD 12.85


Gold Price: $1,775.30|Silver Price: $18.02|Platinum Price: $811.00|Palladium Price: $1,920.00|Gold:Silver: 98.5


Denver Gold Forum 2018

  Webcast|Presentation: September 25, 2018, 2:10 PM (MDT)|Presenter: Greg Lang, President & CEO


Status: Developer|Primary Mineral: Gold|Primary Country of Operation: United States


Last Updated: June 11, 2020

  Print Profile

IR Contact

Jason Mercier
+1 (604) 669-6227
[email protected]
www.novagold.com

Address

400 Burrard Street, Suite 1860
Vancouver, BC V6C 3A6
Canada

Cautionary Information

© Copyright 2020, Denver Gold Group & NOVAGOLD.
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.

Safe Harbor Statement

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Information is qualified - read footnotes

NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) offers an unrivaled opportunity for investors seeking leverage to gold. Our 50 percent-owned federally permitted Donlin Gold project is a unique asset in terms of production profile, mine life, and jurisdictional safety, and is regarded to be one of the largest, highest-grade, and most prospective known open pit gold deposits in the world.
Current activities at Donlin Gold are focused on state permitting, optimization work, community outreach and workforce development in preparation for the construction and operation of the project. We anticipate spending approximately $31 million in 2020, which includes $20 million to fund our share of expenditures at the Donlin Gold project, the majority earmarked for the drill program with the balance for permitting and community engagement, and $11 million for general and administrative costs.
NOVAGOLD is in the enviable position of having a cash balance of $141 million as of February 29, 2020 and is well-positioned to fund its share of permitting and optimization advancement efforts at the Donlin Gold project.

Value Drivers
  • Tier-One, large, high-quality asset.
  • Safe and secure mining jurisdiction.
  • Strong balance sheet of $141 million as of February 29, 2020.

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.

Top Shareholders
  • Electrum Strategic Resources LP
  • Fidelity Management & Research Company
  • Paulson & Co. Inc.
Management
Chairman: Thomas S. Kaplan
CEO: Greg A. Lang
CFO: David Ottewell
VP, Corporate Communications: Mélanie Hennessey
VP, Environment, Health, Safety & Sustainability: Ron Rimelman
VP, Engineering & Development: Richard Williams
More Detail
Capital Structure
Common Shares Outstanding: 328,671,632
Float (%): 72.00
Fully Diluted Shares: 328,671,632

IR Contact

Jason Mercier
+1 (604) 669-6227
[email protected]
www.novagold.com

Address

400 Burrard Street, Suite 1860
Vancouver, BC V6C 3A6
Canada

Cautionary Information

© Copyright 2020, Denver Gold Group & NOVAGOLD.
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.

Safe Harbor Statement

Read



Notes

NYSE American (formerly known as the NYSE MKT) is the stock exchange where most trading takes place.

Common shares outstanding as of March 25, 2020.

Proven & Probable Reserves: Please note that all figures are shown on a 100% project basis, of which NOVAGOLD holds a 50% interest. Mineral Resources inclusive of Reserves.

Top Shareholders: Based on latest 13-F filings.