Interesting FactoidDuring the proxy battle one of Sun Valley's points was that nothing was done on New Polaris for 28 years. There is another deposit in the same situation. NovaGold's Donlin project, 39 million ounces of 2.54 gm gold. It was discovered 25 years ago and is at the same stage of development as New Polaris. Both companies are preparing for final feasbility studies. No big deal was made of NovaGold's tardiness.