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NOVAGOLD Advances Its Projects and Strengthens Financial Position

  • Donlin Gold’s Preliminary Draft Environmental Impact Statement (PDEIS) is proceeding on schedule
  • With over $190 million in the treasury, NOVAGOLD is in an exceptionally strong financial position
  • 2014 expenditures targeted to decline to $30 Million

VANCOUVER, BRITISH COLUMBIA – Feb. 11, 2014 – NOVAGOLD RESOURCES INC. (TSX:NG)(NYSE MKT:NG) today released its fourth quarter and year-end financial results and project update for its flagship 50%-owned Donlin Gold project in Alaska and its 50%-owned Galore Creek copper-gold-silver project in British Columbia.

Details of the Company’s financial results for the year ended November 30, 2013 are presented in the consolidated financial statements and in the annual report filed on Form-10K with the SEC that will be available on the Company’s website at www.novagold.com, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless otherwise stated and all resource and reserve estimates are shown on a 100% project basis.

Read more: http://novagold.mwnewsroom.com/press-releases/novagold-advances-its-projects-and-strengthens-financial-position-tsx-ng-201402110926990001

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