---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000388"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:03:26.839644+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-000388
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2024-01-24T23:59:59+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/1173420/000117184324000388/0001171843-24-000388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184324000388/f8k_012424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000388
- JSON: https://secwatch.observer/filing/0001171843-24-000388.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000388.txt

## Key facts
- Earnings Releases
  NOVAGOLD RESOURCES INC reported financial results for fiscal year ended November 30, 2023.
  - Period: fiscal year ended November 30, 2023
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184324000388/0001171843-24-000388-index.htm

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