NOVAGOLD reports Q2 2024 net loss of $13.7M; cash at $113M advancing Donlin Gold

NOVAGOLD RESOURCES INC

Net loss of $13.7M ($0.04 per share) vs $14.6M in Q2 2023; operating expenses $11.6M.
Cash and term deposits of $112.6M at May 31, 2024, down from $125.7M at Nov 30, 2023.
Donlin Gold: pilot plant metallurgical test work ongoing; preliminary Dam Safety packages submitted June 17.
CFO David Ottewell retiring; Peter Adamek appointed CFO effective July 15, 2024.
Earthjustice appeals on water rights and 401 certification; oral argument on state appeal set for Aug 30, 2024.

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