---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002134"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:18:08.364457+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD Q1 net loss $10.7M; Donlin Gold advances fieldwork for updated feasibility study

## Summary
- Net loss $10.7M vs $10.0M in Q1 2022; $0.03 loss per share unchanged.
- Cash and term deposits $116.2M at Feb 28, 2023, down from $125.9M at Nov 30, 2022.
- $25M receivable from Newmont due July 2023; additional $75M contingent payment on Galore Creek.
- Donlin Gold re-opened camp, advancing geotechnical drilling for Alaska Dam Safety certificates.
- 2023 outlook: total spending ~$31M, including $17M for Donlin Gold share and $13M corporate G&A.

## SEC filing metadata
- accession: 0001171843-23-002134
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184323002134/0001171843-23-002134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184323002134/f8k_040423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002134
- JSON: https://secwatch.observer/filing/0001171843-23-002134.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002134.txt

## Key facts
- Earnings Releases
  NOVAGOLD RESOURCES INC reported financial results for fiscal quarter ended February 28, 2023.
  - Period: fiscal quarter ended February 28, 2023
  - Result: reported results
  source text: On April 4, 2023, NOVAGOLD Resources Inc. (“we” or the “Company”) issued a press release announcing our financial results for the fiscal quarter ended February 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184323002134/0001171843-23-002134-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.