NOVAGOLD reports FY2024 net loss $45.6M; treasury $101M, Donlin Gold advances

NOVAGOLD RESOURCES INC

Net loss of $45.6M ($0.14 EPS) as a development-stage company with no production.
Cash and term deposits of $101M at Nov 30, 2024, down from $125.7M at year-end 2023.
Net annual cash expenditures $24.5M below 2024 guidance of $31.2M; 2025 outlook $37.5M.
Donlin Gold 2025 budget approved at $43M (100% basis) for mine planning, dam safety, community relations.
State and federal litigation ongoing; decisions anticipated in 2025 on water quality and pipeline ROW.

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