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NOVAGOLD & Paulson Award Engineering Contracts to WSP, Worley, and Hatch for Key Infrastructure and Unit Operations in Bankable Feasibility Study
VANCOUVER, British Columbia, March 12, 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 the awarding of specialized contracts to three top-tier engineering firms — WSP USA, Inc. (“WSP”), Worley Alaska Inc. (“Worley”), and Hatch Ltd. (“Hatch”) — to advance key infrastructure and unit operations including the on-sit
About this update from Novagold Resources Inc.
[{"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, March 12, 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 the awarding of specialized contracts to three top-tier engineering firms — WSP USA, Inc. (“WSP”), Worley Alaska Inc. (“Worley”), and Hatch Ltd. (“Hatch”) — to advance key infrastructure and unit operations including the on-site power plant, the natural gas pipeline, and the pressure oxidation circuit and oxygen plant, as part of the ongoing Bankable Feasibility Study (BFS) update for the Donlin Gold project. These contracts complement the previously announced appointment of Fluor Corporation (“Fluor”) as the lead engineering firm, for the BFS.","length":828,"tagName":"p"},{"type":"text","content":"Donlin Gold has engaged top-tier engineering firms for major specialized components of the project to leverage deep technical expertise in power generation, pressure oxidation processing, and pipeline infrastructure. This approach enables the pursuit of parallel workstreams, improves schedule efficiency, enhances risk management through discipline-specific oversight, and enhances cost accuracy. All workstreams will be coordinated and integrated by Fluor to ensure full alignment within a single, consolidated execution framework.","length":533,"tagName":"p"},{"type":"text","content":"Greg Lang, NOVAGOLD’s President and CEO said: “We are assembling a world-class team to advance Donlin Gold, and WSP, Worley and Hatch are integral to that effort. Each firm brings deep experience delivering complex, large-scale infrastructure projects with a strong commitment to safety and execution discipline. Their respective expertise enhances our capabili...