Novagold can afford patience at Donlin
North of 60 Mining News – October 5, 2018
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Last updated 9/25/2020 at 6:45am
Novagold Resources Inc.
With the key federal and state permits in-hand and the balance expected by early 2019, Novagold and Barrick are focused on completing the optimization work ahead of a new feasibility study for the 39-million-ounce gold project in Alaska.
Novagold Resources Inc. Oct. 2 reported that it is well-funded to see the Donlin Gold project in Southwest Alaska to a construction decision but provided very few clues as to when to expect this decision on developing a mine at one of the world's largest gold deposits.
Novagold owns a 50 percent interest in the 39-million-ounce Donlin Gold project, Barrick Gold Corp. owns the other half.
The...
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