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NOVAGOLD & Paulson Select Fluor as Donlin Gold’s Partner to Lead Bankable Feasibility Study
VANCOUVER, British Columbia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) and Donlin Gold Holdings (DGH), 100% wholly-owned by Paulson Advisers LLC (“Paulson”) and its affiliates, are pleased to announce that Fluor Corporation (NYSE: FLR) (“Fluor”) was selected to lead the Bankable Feasibility Study (BFS) as the engineering firm for the Donlin Gold project in Alaska as it advances toward financing and development. Donlin Gold is
About this update from Fluor Corporation
[{"type":"image","alt":"NOVAGOLD RESOURCES Inc.","displaySize":"","headline":null,"caption":"NOVAGOLD RESOURCES Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":42,"url":"https://media.zenfs.com/en/globenewswire.com/53a706d46475f11194553ce1d69391a8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/to5JwiF5DDDno9OZv3vToQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU5O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/53a706d46475f11194553ce1d69391a8","width":300,"height":42}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) and Donlin Gold Holdings (DGH), 100% wholly-owned by Paulson Advisers LLC (“Paulson”) and its affiliates, are pleased to announce that Fluor Corporation (NYSE: FLR) (“Fluor”) was selected to lead the Bankable Feasibility Study (BFS) as the engineering firm for the Donlin Gold project in Alaska as it advances toward financing and development.","length":485,"tagName":"p"},{"type":"text","content":"Donlin Gold is advancing the BFS using a disciplined, execution-focused approach informed by longstanding experience in delivering large, multi-disciplinary projects. The emphasis is on fully integrating scope, engineering, cost, and schedule to support a high-quality, investment-grade study, while continuing to make steady and deliberate progress toward development. The BFS is expected to be completed in 2027. A more detailed schedule and budget for the BFS are expected to be released in the coming months following full-scope alignment with other contractors selected to work on discreet portions of the overall project scope (“Specialist Contractors”).","length":660,"tagName":"p"},{"type":"text","content":"Fluor is a global leader in engineering, mining, processing, and large-scale infrastructure delivery. The company portfolio includes extensive experience executing complex, large-scale gold and copper projects across North America and internationally in challenging environments including cold-weather and remote locations.","length":323,"tagName":"p"},{"type":"text","content":"The bidding process for the Donlin Gold BFS was thorough and competitive, with participation from top-tier engineering firms. Fluor will integrate the other major work packages into the overall proj...