NovaGold today announced the results of its fiscal year ended November 30, 2011 along with an update on the Company's project-development activities. Details of the Company's financial results are described in the consolidated financial statements and Management's Discussion and Analysis which, together with further details on each of the Company's projects, including resource estimates, will be available on the Company's [...]
NovaGold is pleased to provide an update on the previously announced spin-out transaction of NovaCopper Inc., a wholly-owned subsidiary of the Company. NovaCopper holds, through its wholly-owned subsidiary, NovaCopper US Inc., the Company's interest in the Ambler project located in Northwestern Alaska.
NovaGold is pleased to announce significant new drill results from additional exploration drilling on the Bornite target located on the recently consolidated 180,000-hectare Upper Kobuk Mineral Project located in the Ambler mining district of Northwest Alaska. These results complement major intersections achieved in the initial phase of drilling at Bornite (please see the Press Release dated November 10, 2011 [...]
Gregory A. Lang has accepted the position of President and Chief Executive Officer of NovaGold effective January 2012. Mr. Lang comes to NovaGold from Barrick Gold where most recently 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 the United States, Canada and the Dominican Republic [...]