NOVAGOLD Receives $75 Million from Newmont Corporation
Second payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project Treasury exceeds $150 million NOVAGOLD RESOURCES INC. has received $75 million from Newmont Corporation as per the 2018 Share Purchase Agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project in British Columbia, Canada. All amounts are in U.S. dollars unless otherwise stated. Under the terms of the … Second payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project Treasury exceeds $150 million
NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) (“NOVAGOLD” or “the Company”) has received $75 million from Newmont Corporation (TSX: NGT, NYSE: NEM) (“Newmont”) as per the 2018 Share Purchase Agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project (“GCP”) in British Columbia, Canada. All amounts are in U.S. dollars unless otherwise stated.
Provided by GlobeNewswire
Donlin Gold 2021 Drill Program Continues to Advance as Planned
Community Support Expanded to Counter the Effects of Global Pandemic
Key Permits Secured and Robust Financial Position Maintained
A total of 28 holes have been drilled at the Donlin Gold project (representing approximately 8,650 meters of length drilled) out of the 64 planned for 2021 (representing a total of approximately 20,100 meters of length to be drilled). Four drill rigs are operating. The owners expect to release assay results to the market in the coming months.
Donlin Gold, together with its Alaska Native Corporation partners, Calista Corporation (“Calista”) and The Kuskokwim Corporation (“TKC”), expanded their engagement with the local communities.
Donlin Gold Affirms Its Strong Support for ADEC Commissioner s Upholding of Section 401 Certification - Press Release wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
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Donlin Gold Affirms Its Strong Support for ADEC Commissioner’s Upholding of Section 401 .
NOVAGOLD RESOURCES INC.June 29, 2021 GMT
ANCHORAGE, Alaska, June 28, 2021 (GLOBE NEWSWIRE) Donlin Gold LLC (“Donlin Gold”), owned 50/50 by Barrick Gold Corporation (“Barrick”) (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (TSX, NYSE American: NG), today provided an update relating to the Clean Water Act Section 401 Certification (the “401 Certification”) of their Donlin Gold project. An appeal has been filed against the decision by the Commissioner of the Alaska Department of Environmental Conservation (ADEC) in May 2021 to uphold the 401 Certification. It is being appealed in Alaska’s Superior Court by Earthjustice, a San Francisco-based activist law firm on behalf of the Orutsararmiut Native Council (ONC), the Tribal Council for Bethel, a village in the Yuk
Donlin Gold Affirms Its Strong Support for ADEC Commissioner s Upholding of Section 401 Certification investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.