Novagold Resources Inc (TSE:NG) has released an update.
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NOVAGOLD RESOURCES INC. has unveiled its first quarter 2024 financial results, emphasizing its strong cash position of $118 million and progress on the Donlin Gold project. The company, in partnership with Barrick Gold and regional corporations, has advanced in resource modeling, metallurgical testing, and infrastructure planning, while reinforcing its commitment to community engagement and environmental responsibility. These efforts are part of NOVAGOLD’s strategy to move Donlin Gold towards a full feasibility study, aligning with its vision for a long-term, productive Tier One gold mine.
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