---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006024"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:15:55.310055+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD reports Q3 net loss $11.1M; cash and term deposits $130M

## Summary
- Net loss of $11.1M ($0.03 diluted loss) vs $16.1M loss a year ago, driven by lower Donlin Gold expenses.
- Cash and term deposits $130M as of Aug 31, 2023, up from $125.9M, including $25M Newmont note payment.
- Completed 2023 field program; geotechnical drilling (1,840m) and hydrogeologic drilling (1,279m) for dam safety and mine planning.
- Permitting progress: air quality reissued, water rights upheld, ADEC 401 certification reaffirmed, ROW appeals denied.
- FY 2023 expenditure outlook ~$32M (up $1M) for additional mining studies; $18M for Donlin Gold share.

## SEC filing metadata
- accession: 0001171843-23-006024
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184323006024/0001171843-23-006024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184323006024/f8k_100323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006024
- JSON: https://secwatch.observer/filing/0001171843-23-006024.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006024.txt

## Key facts
- Earnings Releases
  NOVAGOLD RESOURCES INC reported financial results for the fiscal quarter ended August 31, 2023.
  - Period: the fiscal quarter ended August 31, 2023
  - Result: reported results
  source text: On October 3, 2023, NOVAGOLD Resources Inc. (“we” or the “Company”) issued a press release announcing our financial results for the fiscal quarter ended August 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184323006024/0001171843-23-006024-index.htm

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