By Shane Lasley
PEA demonstrates robust economics for NovaGold's Arctic deposit
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Last updated 4/24/2011 at Noon
NovaGold Resources Inc. April 14 announced the results of a preliminary economic assessment for its Ambler volcanogenic massive sulfide project in Northwest Alaska.
"This preliminary economic assessment demonstrates the robust economics of developing one of the highest-grade VMS deposits in the world," said NovaGold President and CEO Rick Van Nieuwenhuyse.
NovaGold's Ambler property comprises 3...
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