NOVAGOLD's Annual General Meeting of Shareholders (the "Meeting") will be held virtually on May 16, 2024 at 1:00 p.m. PSTShareholders may vote on matters before the Meeting by proxy, join the virtual Meeting and vote, and submit questions either during the webcast or in advance by emailFollowing the Meeting, Chairman Dr. Thomas S. Kaplan and President and CEO Greg Lang will host a virtual presentation centered on the Donlin Gold project, a premier Tier 1 gold development project1 VANCOUVER, British Columbia ...

Exhibit 99.1 NEWS RELEASE NOVAGOLD Reports First Quarter 2024 Financial Results Committed to Advancing Donlin Gold to Full Feasibility Study Extensive Engagement Reinforcing and Deepening Donlin Gold's Social License Strong Treasury of $118 Million in Cash and Term Deposits in the First Quarter of 2024 April 3, 2024 – Vancouver, British Columbia – NOVAGOLD RESOURCES INC. ("NOVAGOLD" or "the Company" (NYSE American, TSX: NG) today released its 2024 first quarter financial results and an update on its Tier On ...

Financial Performance - The net loss for NOVAGOLD decreased by $341 in Q1 2024 compared to the same period in 2023, attributed to lower costs at Donlin Gold and increased interest income[80]. - Cash and cash equivalents decreased by $8,246 in Q1 2024, primarily due to funding for Donlin Gold and corporate administrative expenses[83]. - The company maintains sufficient working capital to cover anticipated funding for the Donlin Gold project and corporate costs for at least the next three years[81]. - The Company holds cash and cash equivalents of $37,503,000 and term deposits of $80,000,000, primarily with high-rated Canadian banks[85]. - The promissory note payable to Barrick amounts to $140,345,000, with interest tied to the U.S. prime rate, indicating a potential annual interest fluctuation of approximately $1.4 million for a 1% change in the prime rate[88]. Project Funding and Budget - In Q1 2024, NOVAGOLD's share of funding for the Donlin Gold project was $3,623, with an expected total funding of $14,250 for the year[63]. - The Donlin Gold LLC board approved a budget of $28,500 for 2024, focusing on resource modeling, mine planning, and metallurgical test work[62]. - Anticipated expenditures for fiscal year 2024 are approximately $31,200, including $14,250 for the Donlin Gold project and $16,950 for corporate general and administrative costs[82]. - The company recognizes the importance of obtaining additional financing to support future operations and project development[81]. Regulatory and Permitting Status - The Alaska Pollutant Discharge Elimination System permit and Waste Management Permit are administratively extended pending renewal, with the Reclamation Plan approval extended to January 2025[71]. - NOVAGOLD's financial position is impacted by the ongoing litigation and permitting processes related to the Donlin Gold project[74]. Risk Management and Internal Controls - Management confirmed the effectiveness of disclosure controls and procedures as of February 29, 2024, ensuring timely and accurate reporting[89]. - There have been no material changes to the risk factors affecting the Company since the last annual report filed on January 24, 2024[94]. - The Company has not experienced any material current, pending, or threatened litigation[93]. - No changes in internal control over financial reporting have occurred that could materially affect the Company's financial reporting[90]. - The Company maintains a concentration of credit risk with cash and cash equivalents held at high investment-grade Canadian banks[87]. - The interest rate risk associated with the promissory note is variable, impacting the Company's financial obligations based on fluctuations in the U.S. prime rate[88]. Corporate Governance - As of March 27, 2024, the Company had 334,371,223 common shares issued and outstanding, along with 9,805,100 stock options and 2,173,000 PSUs[84]. - During Q1 2024, no directors or executive officers adopted or terminated any trading arrangements[102].

| --- | --- | --- | --- | --- | --- | |----------------------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | 2023 Year-End Financial Results & Donlin Gold Update | | | | | | | January 25, 2024 | | | | | | | TSX, NYSE American: NG \| novagold.com | | | | | | 2011 NI 43-101 Feasibility Study See endnotes for this slide in Appendix NOVAGOLD | 2023 Year-End Financial Results | --- | --- | --- | --- | |------------------------------------- ...

Donlin Gold Project Updates - In 2023, the Donlin Gold project completed a field program that included 1,840 meters of geotechnical drilling, 74 test pits, and 25 kilometers of seismic survey[53]. - The Donlin Gold LLC board approved a budget of $28.5 million for 2024, focusing on resource modeling, mine planning, and dam safety certificate applications[55]. - The 2023 field program included hydrogeologic drilling with instrumentation and pump tests, providing essential information for mine planning[53]. - The company is focused on advancing the Donlin Gold project for the benefit of all shareholders and stakeholders[55]. Financial Performance - The average daily afternoon LBMA gold price for 2023 was $1,941 per ounce, with a high of $2,078 and a low of $1,811[66]. - A 1% change in the U.S. prime rate would result in an increase or decrease of approximately $1.4 million in interest accrued on the promissory note owed to Barrick per annum[361]. Safety and Compliance - The Donlin Gold project has worked over 3.4 million hours without a lost time incident, reflecting a strong safety record[53]. - The company is in compliance with all material respects of applicable mining, health, safety, and environmental regulations in the United States[58]. Operational Capability - The competition for financing and technical expertise in mineral resource exploration is significant, with competitors having greater resources[59]. - The company has successfully secured the necessary equipment and supplies for its operations, indicating no foreseeable shortages[63].

NovaGold Resources Inc. (NYSE:NG) Q3 2023 Earnings Conference Call October 4, 2023 11:00 AM ET Company Participants Melanie Hennessey - Vice President, Corporate Communications Greg Lang - President and Chief Executive Officer David Ottewell - Vice President and Chief Financial Officer Conference Call Participants Nick Giles - B. Riley Securities Operator Thank you for standing by. This is the conference operator. Welcome to the NovaGold 2023 Third Quarter Financial Results Conference Call and Webcast. As a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended August 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 001-31913 NOVAGOLD RESOURCES INC. (Exact Name of Registrant as Specified in Its Charter) British Columbia N/A (State or Other Jurisdiction of ...

NOVAGOLD | --- | --- | |--------------------------------------------------------------------|-----------------------------------------------| | | | | | | | | | | | | | Second Quarter | Introduction Mélanie Hennessey | | 2023 webcast | Vice President, Corporate Communications | | | 2023 Second Quarter Update Greg Lang | | & conference call | President & Chief Executive Officer | | agenda | 2023 Second Quarter Financials David Ottewell | | | Vice President & Chief Financial Officer | | | Question & Answer Ses ...

NovaGold Resources Inc. (NYSE:NG) Q2 2023 Earnings Conference Call June 28, 2023 11:00 AM ET Company Participants Melanie Hennessey - VP, Corporate Communications Greg Lang - President and Chief Executive Officer David Ottewell - Vice President and Chief Financial Officer Conference Call Participants Nick Giles - B. Riley Securities Operator Thank you for standing by. This is the conference operator. Welcome to the NovaGold 2023 Second Quarter Financial Results Conference Call and Webcast. As a reminder, al ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended May 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 001-31913 NOVAGOLD RESOURCES INC. (Exact Name of Registrant as Specified in Its Charter) British Columbia N/A (State or Other Jurisdiction of In ...