Novagold Resources

Novagold Resources Inc. is a mineral exploration company focused on the development of significant mineral properties. The company holds a 50 percent interest in the Donlin Gold project, situated in southwestern Alaska, which is recognized as one of the world's most important gold projects due to its size, grade, and potential for production. Additionally, Novagold co-owns the Galore Creek project, which has the potential to become Canada’s largest and lowest-cost copper mine. As of August 31, 2015, the company maintained a robust cash balance, enabling it to navigate the permitting process for the Donlin Gold project while meeting its financial obligations. Novagold places a strong emphasis on building and sustaining community partnerships, working collaboratively with local Native Corporations and First Nations, and establishing effective communication with various regulatory bodies. This commitment to fostering mutually beneficial relationships is a cornerstone of Novagold's corporate values.

Peter Adamek

Vice President and CFO

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