Business
NOVAGOLD and Paulson Advisers Announce $1 Billion Transaction to Acquire 50% of the Donlin Gold Project From Barrick
Paulson Advisers will acquire a 40% ownership interest in Donlin GoldNOVAGOLD will increase its ownership interest in Donlin Gold from 50% to 60%Donlin Gold to be managed jointly by NOVAGOLD and Paulson to advance the projectNew partnership will shift focus immediately to updating the Feasibility Study2025 exploration to pivot toward reserves and resources conversion and expansion All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE)
About this update from Novagold Resources Inc.
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