Novagold Resources Inc. (NG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. This is the conference operator. Welcome to NOVA Gold's 2025 Labor and Report Conference Call and Webcast. As a reminder, all participants are in listen-only mode. The conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may respond to questions received by email. I would like to remind you, as stated on slide three, any statements made today may contain forward-looking information, such as projections and goals, which are likely to involve risk detail in our various EDGAR and CDAR filings, and forward-looking disclaimers that are included in this presentation. With that, I will now turn the presentation over to Dr. Thomas Kaplan. Thank you very much, Melanie. When we start on slide four, I'd just like to point out something which, in this era of volatility and resource nationalism, It's important to understand that Novigold and our partners at Paulson are building the path to what will be America's largest single gold mine. That's an extraordinary statement. Candidly, one that would have seemed to many people a year ago, something that would be very hard to imagine. And yet, Here we are at a perfect time to be building America's gold mine. If we go to slide five, I'd like to speak to the most important event that took place last year. And that was the transaction that has already shown itself to be catalytic And yet, on the other hand, for reasons which I will state, I believe that we are really in just the first inning of the revaluation of Novigold. And the reason is simple. For the first time, Novigold is perfectly aligned with its partner. People used to ask me, Tom, you own gold assets, silver assets, and you never joined the public boards. Why this one? A...