NovaGold Resources Inc. (NG) Advances Donlin Project with Feasibility Study and Fresh Capital

NovaGold Resources Inc. (NYSEAM:NG) is among the 12 Best Gold Stocks to Buy According to Analysts.

NovaGold Resources Inc. (NYSEAM:NG) is 1 of the champion golden stocks to buy, according to analysts. On February 9, NovaGold Resources Inc. (NYSEAM:NG) and Donlin Gold Holdings selected Fluor Corporation to pb the Bankable Feasibility Study for the Donlin Gold Project successful Alaska.

The enactment marks an important milestone successful advancing the Donlin Gold task arsenic Fluor boasts of an awesome way grounds successful delivering analyzable projects connected docket and wrong budget. Fluor is committed to delivering an integrated high-quality survey with accent connected safety, sustainability, quality, outgo accuracy, constructability, and execution readiness.

Fluor is to merchandise a much elaborate docket and fund of the Bankable Feasibility Study successful the coming months. The survey volition besides pave the mode for dependable and deliberate improvement of the Donlin Gold project, which is 1 of NovaGold Resources' flagship projects with astir 40 cardinal ounces of golden successful the Measured and Indicated Mineral Resource categories.

Earlier connected February 5, NovaGold Resources generated $310 cardinal successful gross proceeds from a backstage placement of 31.02 cardinal communal shares. The institution is to usage nett proceeds from the offering to beforehand the improvement of the Donlin golden task and to prepay oregon contented a promissory enactment to Barrick Mining Corporation.

NovaGold Resources Inc. (NYSEAM:NG) is simply a Vancouver-based precious metals institution focused connected processing the Donlin Gold task successful Alaska, 1 of the world's largest and highest-grade known undeveloped open-pit golden deposits. It is simply a "pure-play" golden developer, operating successful concern with Barrick Gold Corporation to beforehand this task done permitting, engineering, and biology studies.

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