Financial Data and Key Metrics Changes - The company reported a net loss of $33.6 million in 2020, an increase of $5.8 million from the previous year, primarily due to the drill program at Donlin and higher general and administrative expenses [21] - Cash flows for the year amounted to $26.6 million, which was $8.1 million higher than the prior year, attributed to increased funding for Donlin and higher G&A spending [22] - The company ended the year with nearly $122 million in cash and term deposits, along with additional expected payments from Newmont totaling $100 million [23] Business Line Data and Key Metrics Changes - The Donlin Gold project is highlighted as a significant asset, with a focus on its exploration potential and the successful completion of the largest drill program in over 12 years [6][8] - The drill program resulted in higher grade thickness than previously modeled, providing encouragement for additional high-grade drill targets [9] Market Data and Key Metrics Changes - The company emphasized the importance of the Alaskan mining sector, noting that mining is becoming increasingly vital to state revenues and employment [4] - The exploration potential at Donlin Gold is described as extraordinary, with only 3 out of an 8-kilometer mineralized belt currently explored [26] Company Strategy and Development Direction - The strategic focus for the year includes safely operating drill rigs and collaborating with native corporation partners to ensure successful operations [6] - The company plans to update the feasibility study based on the latest drill results and continue drilling to confirm high-grade mineralization [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the gold market, citing a decline in global production and the need for new discoveries to meet demand [32][63] - The company believes that the Donlin Gold project is uniquely positioned in a premier mining jurisdiction, which enhances its attractiveness to investors [67] Other Important Information - The company has received key federal and state permits, laying a strong foundation for future development [13] - Community engagement efforts have been highlighted, including food donations and hazardous waste removal projects in collaboration with local partners [16][17] Q&A Session Summary Question: Comments on the silver and gold market trends - Management acknowledged the recent trading activity in silver ETFs and expressed anticipation for future developments in the gold market [74][75] Question: Wind energy potential at Donlin - Management indicated that while they have explored various energy sources, natural gas remains the most cost-effective option for power generation at the site, but they will revisit this in future feasibility studies [76] Question: Recent drill results and timeline for updates - Management reported satisfaction with recent drill results, noting higher grades than expected and plans for follow-up drilling to refine the resource model [84][86] Question: Broader market implications and economic outlook - Management discussed the current uncharted economic territory and its potential implications for gold and silver, emphasizing the importance of being prepared for market shifts [89][90]

2020 Year-End Financial Results & Project Update TSX, NYSE American: NG | novagold.com | January 28, 2021 NOVAGOLD Year-End 2020 Webcast and Conference Call Attendees Introduction Mélanie Hennessey (Vice President, Corporate Communications) Year-End Update Greg Lang (President & Chief Executive Officer) Year-End Financials and 2021 Budget David Ottewell (Vice President & Chief Financial Officer) Corporate Update & Gold Market Commentary Dr. Thomas Kaplan (Chairman) Closing Remarks Greg Lang (President & Chi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended November 30, 2020 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 Incor ...

NovaGold Resources Inc. (NYSE:NG) Q3 2020 Earnings Conference Call October 1, 2020 11:00 AM ET Company Participants Melanie Hennessey - VP, Corporate Communications Thomas Kaplan - Chairman Greg Lang - President and CEO David Ottewell - VP and CFO Conference Call Participants Lucas Pipes - B. Riley FBR Operator Thank you for standing by. This is the conference operator. Welcome to the NovaGold Third Quarter Financial Results Conference Call. As a reminder, all participants are in listen-only mode and the co ...

2020 Third Quarter Results & Project Update TSX, NYSE American: NG | novagold.com | October 1, 2020 NOVAGOLD Third Quarter 2020 Webcast and Conference Call Attendees Introduction Mélanie Hennessey (Vice President, Corporate Communications) Third-Quarter Update Greg Lang (President & Chief Executive Officer) Third-Quarter Financials Update David Ottewell (Vice President & Chief Financial Officer) Corporate Update & Gold Market Commentary Dr. Thomas Kaplan (Chairman) Closing Remarks Greg Lang (President & Chi ...

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 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 Incorporation or Organization) 201 South Main Street, Suite 400 Salt Lake City, Utah, USA 84111 (Address of Principal Executive Offices) (Zip Code) (I.R.S. Employer Identific ...

NovaGold Resources Inc. (NYSE:NG) Q1 2020 Earnings Conference Call June 25, 2020 11:00 AM ET Company Participants Melanie Hennessey - Vice President, Corporate Communications Thomas Kaplan - Chairman Greg Lang - President and CEO David Ottewell - Vice President and Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley FBR John Tumazos - John Tumazos Very Independent Research Operator Thank you for standing by. This is the conference operator. Welcome to the NOvaGold's Second Quarter F ...

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, 2020 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 ...

World Gold Forum TSX, NYSE American: NG | novagold.com | April 20-23, 2020 NOVAGOLD World Gold Forum - Webcast and Conference Call Attendees Introduction Mélanie Hennessey (Vice President Corporate Communications) Corporate Update & COVID-19 Response Greg Lang (President & Chief Executive Officer) First Quarter Financials Update David Ottewell (Vice President & Chief Financial Officer) Gold Market Commentary Dr. Thomas Kaplan (Chairman) Closing Remarks Greg Lang (President & Chief Executive Officer) Questio ...

NovaGold Resources Inc. (NYSE:NG) Q1 2020 Earnings Conference Call April 2, 2020 11:00 AM ET Company Participants Melanie Hennessey - Vice President, Corporate Communications Thomas Kaplan - Chairman Greg Lang - President and Chief Executive Officer David Ottewell - Vice President and Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley FBR Operator [Abrupt Start] Quarter Results and Project Update Conference Call. As a reminder, all participants are in listen-only mode and the confer ...