NOVAGOLD reports high-grade gold intercepts up to 23.49 g/t at Donlin Gold; BFS RFP issued

NOVAGOLD RESOURCES INC

2025 Donlin drill program returned high-grade intervals: 51.90m @ 3.77 g/t Au, 7.35m @ 23.49 g/t Au.
Program expanded after $1B Paulson transaction; focus on resource conversion and geotechnical work for BFS.
RFP for Bankable Feasibility Study issued to top engineering firms; selection expected Q4 2025.
Up to 80 locally hired personnel from 19 Y-K villages supported drilling, strengthening community engagement.
Anticipates additional drill results in coming months to further support project development.

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