---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004189"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:26:01.892414+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD reports Q2 net loss of $14.6M; advances Donlin Gold fieldwork with 63% local hires

## Summary
- Net loss of $14.6M ($0.04/sh) vs $15.0M in Q2'22; G&A $5.5M, share of Donlin Gold loss $7.5M.
- Cash & term deposits $109M at May 31; additional $25M receivable from Newmont due July 2023.
- Donlin Gold field program 63% directly hired from Y-K region; air quality permit expected by June 30, 2023.
- 2023 outlook: spend ~$31M total, including $17M for Donlin Gold; project advancing toward construction decision.
- Earthjustice appeals ROW lease to Alaska Supreme Court; new federal lawsuit filed April 2023 - Donlin Gold intervenors.

## SEC filing metadata
- accession: 0001171843-23-004189
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184323004189/0001171843-23-004189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184323004189/f8k_062723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004189
- JSON: https://secwatch.observer/filing/0001171843-23-004189.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004189.txt

## Key facts
- Earnings Releases
  NOVAGOLD RESOURCES INC reported financial results for second quarter 2023.
  - Period: second quarter 2023
  - Result: reported results
  source text: On June 27, 2023, NOVAGOLD Resources Inc. (“we” or the “Company”) issued a press release announcing our financial results for the fiscal quarter ended May 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184323004189/0001171843-23-004189-index.htm

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