RE:RE:RE:Donlin. A stand-alone project.NG
Leverage in a Place where You Can Keep the Rewards
The NOVAGOLD story is refreshingly straightforward with an established senior partner in Barrick, advancing what we view as one of the industry’s best development opportunities, Donlin Gold, in a great jurisdiction, Alaska.
With approximately 39,000,000 ounces of gold in measured and indicated mineral resources grading 2.24 grams per tonne4 (twice the industry average for an open-pit project5), Donlin Gold is a unique pure gold play. Already considered one of the industry’s top open-pit high-grade deposits with a mine life measured in decades – and positioning itself to be one of the world's largest new gold mines – among Donlin Gold’s key differentiators is its safe location on private land owned by Alaska Native Corporations in Alaska, a Tier One jurisdiction6 where the rule of law is respected. Clean, simple, stable leverage in a place where one can keep the rewards of that leverage.
Donlin Gold is also blessed with enormous exploration upside potential. Its current mineral reserves and mineral resources are contained within only three kilometers of an eight-kilometer mineralized belt – itself representing a mere five percent of the property package. In an environment characterized by few new discoveries greater than five million ounces, decreasing average gold grades, and few late-stage projects of scale, particularly in safe geo-political jurisdictions, we believe that Donlin Gold is truly “best in breed”.
That is why, with its 50 percent ownership in Donlin Gold, NOVAGOLD stands out as a cornerstone investment for some of the most knowledgeable investors in the sector. We are grateful to have a group of long-term shareholders who understand the rare pure gold play opportunity that NOVAGOLD represents, including Paulson & Co., Fidelity Investments, First Eagle, EXOR, BlackRock, VanEck, The Saudi Public Investment Fund, and The Vanguard Group, among others.