Business

NOVAGOLD and Paulson’s Alaska Site Visit Builds Momentum in Donlin Gold’s Path to Development

Meetings with Alaska Native Corporations, government officials and key stakeholders underscore positive momentum for the new Donlin Gold partnership and its updated project development plan.Donlin Gold contract awarded to prepare the Request for Proposals (RFP) to commence the updated Bankable Feasibility Study (BFS) and expects to select top-tier qualified engineering firm(s) by the fourth quarter of 2025.Constructive discussions were held with natural gas pipeline developers and distributors e

articleNovagold Resources Inc.August 20, 20257/company/novagold-resources-inc/news/novagold-and-paulsons-alaska-site-visit-builds-momentum-in-donlin-golds-path-to-development
NOVAGOLD and Paulson’s Alaska Site Visit Builds Momentum in Donlin Gold’s Path to Development

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":"list","items":[{"val":[{"type":"text","content":"Meetings with Alaska Native Corporations, government officials and key stakeholders underscore positive momentum for the new Donlin Gold partnership and its updated project development plan.","length":190,"tagName":"p"}]},{"val":[{"type":"text","content":"Donlin Gold contract awarded to prepare the Request for Proposals (RFP) to commence the updated Bankable Feasibility Study (BFS) and expects to select top-tier qualified engineering firm(s) by the fourth quarter of 2025.","length":220,"tagName":"p"}]},{"val":[{"type":"text","content":"Constructive discussions were held with natural gas pipeline developers and distributors exploring different avenues to bring natural gas to Southcentral Alaska that could be very beneficial for Donlin Gold.","length":207,"tagName":"p"}]},{"val":[{"type":"text","content":"Donlin Gold identified hiring priorities and initiated efforts to fill critical roles to support project development.","length":117,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":734,"olType":false},{"type":"text","content":"VANCOUVER, British Columbia, Aug. 20, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) and Paulson Advisers LLC (“Paulson” and together with NOVAGOLD, the “Owners”) announced that, following the recent change in ownership of Donlin Gold LLC (“Donlin Gold”), a project workshop was held in July in Alaska. The sessions brought together the Donlin Gold team, senior representatives from both NOVAGOLD and Paulson, in attendance, including two prominent NOVAGOLD shareholders — John Paulson and Dr. Thomas S. Kaplan. During the visit, participants met with key stakeholders and focused on advancing the project to a BFS.","length":672,"tagName":"p"},{"type":"text","content":"“It was a pleasure ...

More updates from Novagold Resources Inc.

John PaulsonAlaska Native CorporationsSouthcentral AlaskaNOVAGOLDAlaska