NOVAGOLD reports $126M cash; Donlin Gold 2024 budget $28.5M; new COO and GC

NOVAGOLD RESOURCES INC

Treasury of $126M in cash/term deposits at Nov 30, 2023, including $25M note from Newmont.
Donlin Gold 2024 budget approved at $28.5M (100% basis) for resource modeling, pilot plant, and permit work.
2023 fieldwork completed safely; geotechnical drilling for dam safety certificates advanced.
Ben Machlis appointed VP & General Counsel; Richard Williams promoted to COO effective Jan 1, 2024.
All permit appeals to date unsuccessful; litigation continues with briefs filed in state and federal courts.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

NOVAGOLD RESOURCES INC reported financial results for fiscal year ended November 30, 2023.

Period: fiscal year ended November 30, 2023
Result: reported results

Exact text from the filing

issued a press release announcing our financial results for the fiscal year ended November 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

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NOVAGOLD RESOURCES INC filing history →

Source: SEC EDGAR

accession 0001171843-24-000388

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