NOVAGOLD Releases 2024 Sustainability Report

Core Viewpoint - NOVAGOLD Resources Inc. has published its 2024 Sustainability Report, highlighting its commitment to environmental responsibility, health and safety, social engagement, and corporate governance in line with GRI standards and TCFD recommendations [1][8]. Group 1: Sustainability and ESG Practices - The company emphasizes the evolution of its ESG practices, focusing on collaboration with local communities in the Yukon-Kuskokwim region to minimize environmental impacts and foster economic activity [2][5]. - Transparency is a key aspect of NOVAGOLD's approach, ensuring clear communication of sustainability priorities and ESG performance metrics since 2020 [6][8]. Group 2: Donlin Gold Project - NOVAGOLD is focused on advancing the Donlin Gold project, which is regarded as one of the largest and highest-grade open-pit gold deposits globally, with approximately 39 million ounces of gold in the Measured and Indicated Mineral Resource categories [9][13]. - The project is expected to produce an average of over one million ounces of gold per year over a 27-year mine life once in production [9]. Group 3: Community Engagement and Governance - The company highlights its ongoing commitment to community investments and stakeholder interactions, aiming to deliver lasting economic and social benefits through responsible development [5][8]. - NOVAGOLD aligns its sustainability efforts with the recommendations of TCFD and TNFD, as well as the GRI framework, to ensure comprehensive governance [8].