other material
confidence high
sentiment positive
materiality 0.75
Donlin Gold 2022 drilling returns high-grade gold intercepts; advances feasibility study
NOVAGOLD RESOURCES INC
- Top intercept: 42.28m at 30.68 g/t Au (incl. 23.16m at 54.22 g/t) in Divide grid hole DC22-2068.
- 141 drill holes (42,331m) completed ahead of schedule; 2022 budget $64M (100% basis), split equally by owners.
- Divide grid results (97% assays received) show potential favorable reconciliation with resource model.
- Owners NOVAGOLD and Barrick advancing toward feasibility study decision; permitting and community outreach continued.