The document discusses Novagold Resources Inc., a gold mining company. It highlights two of Novagold's projects - Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the most important undeveloped gold projects in the world due to its large scale, high grade, and jurisdictional safety. Galore Creek would be one of the largest and lowest cost copper mines if developed. The document also notes Novagold's solid institutional ownership, experienced management team, and cash position as providing a secure investment opportunity with leverage to the price of gold.
Vancouver Resource Investment Conference 2013NOVAGOLD
NOVAGOLD exhibited at Cambridge House's Vancouver Resource Investment Conference. Check out our latest presentation, it was a great show! Visit www.novagold.com for more information.
The document is a presentation from Novagold Resources Inc. about their Donlin Gold project in Alaska. Some key points:
- Donlin Gold is one of the largest gold development projects in the world in terms of size, grade, and production profile. It has 39 million ounces of gold in measured and indicated resources.
- It has the potential to be one of the largest gold mines in the world, producing over 1 million ounces of gold per year. Only 6 other projects worldwide are slated to produce over 1 million ounces annually.
- The project is located in Alaska, which has a stable mining environment and is the second largest gold producing state in the US, providing jurisdictional safety.
- Permit
NOVAGOLD release its fourth quarter and 2012 year-end financials followed by a conference call/webcast. If you missed the presentation, check out the replay at www.novagold.com
JOHN TUMAZOS VERY INDEPENDENT RESEARCH CONFERENCE, NYNOVAGOLD
The document is a presentation about Novagold Resources Inc., a mineral exploration company. It summarizes two of Novagold's key projects: Donlin Gold and Galore Creek. Donlin Gold is described as one of the largest, highest-grade gold deposits in the world located in Alaska. It has the potential to be the largest gold mine in the world. Galore Creek is a large copper-gold project in British Columbia that Novagold is pursuing divesting to fund development of Donlin Gold. The presentation outlines Novagold's goals to advance permitting of the projects and provides an overview of the company.
Vancouver Resource Investment Conference 2013NOVAGOLD
NOVAGOLD exhibited at Cambridge House's Vancouver Resource Investment Conference. Check out our latest presentation, it was a great show! Visit www.novagold.com for more information.
The document is a presentation from Novagold Resources Inc. about their Donlin Gold project in Alaska. Some key points:
- Donlin Gold is one of the largest gold development projects in the world in terms of size, grade, and production profile. It has 39 million ounces of gold in measured and indicated resources.
- It has the potential to be one of the largest gold mines in the world, producing over 1 million ounces of gold per year. Only 6 other projects worldwide are slated to produce over 1 million ounces annually.
- The project is located in Alaska, which has a stable mining environment and is the second largest gold producing state in the US, providing jurisdictional safety.
- Permit
NOVAGOLD release its fourth quarter and 2012 year-end financials followed by a conference call/webcast. If you missed the presentation, check out the replay at www.novagold.com
JOHN TUMAZOS VERY INDEPENDENT RESEARCH CONFERENCE, NYNOVAGOLD
The document is a presentation about Novagold Resources Inc., a mineral exploration company. It summarizes two of Novagold's key projects: Donlin Gold and Galore Creek. Donlin Gold is described as one of the largest, highest-grade gold deposits in the world located in Alaska. It has the potential to be the largest gold mine in the world. Galore Creek is a large copper-gold project in British Columbia that Novagold is pursuing divesting to fund development of Donlin Gold. The presentation outlines Novagold's goals to advance permitting of the projects and provides an overview of the company.
NOVAGOLD presenters, Greg Lang and David Ottewell, reviewed the Company's third quarter financial results and provided a project update. For more information on our projects, please visit www.novagold.com
We announced our fourth quarter financial results Feb. 11, the conference call & webcast to discuss these results took place today. A replay is available on our website. Thank you!
NOVAGOLD announced 2013 first quarter financial results followed by a conference call & webcast. View the slide deck here, or visit our website for the webcast replay www.novagold.com
NOVAGOLD was featured at the New Orleans Investment Conference, now in its 39th consecutive year. It ranks as the preeminent gathering of private investors and attracts wealthy individuals from all 50 states and over 35 nations.
Vancouver Resource Investment Conference 2014NOVAGOLD
NOVAGOLD exhibited and presented at the Cambridge House Vancouver Resource Investment Conference, Jan 19-20. Thank you to everyone who visited our booth. For more information on the Company, please visit www.novagold.com
This document provides a cautionary statement regarding forward-looking statements made in a February 2013 corporate presentation by Romarco. It notes that several projections reported are forward-looking in nature and are based on assumptions regarding factors like mineral reserve estimates, costs, production levels, metal prices, and timing. It cautions that actual results could differ materially from what is reported due to risks and uncertainties. The document also qualifies that scientific and technical information in the presentation is extracted from technical reports prepared in accordance with Canadian regulations.
The document summarizes Novagold's presentation at the Precious Metals Summit in Zurich in November 2013. It discusses Novagold's two main projects, Donlin Gold and Galore Creek, highlighting that Donlin Gold is one of the largest gold deposits in development and would be among the largest gold mines in production. It also notes that permitting has commenced for Donlin Gold and that Novagold is pursuing divestiture of Galore Creek to fund Donlin Gold's development. Additionally, the presentation outlines Novagold's goals to advance its projects on time and on budget in 2013.
Chairman, Thomas Kaplan, provided an update on the Company's recent development at the Dahlman Rose & Co. 3rd Annual Global Metals, Mining & Materials Conference. Webcast replay is available at www.novagold.com
Cowen and Company 4th Annual Global Metals, Mining and Materials ConferenceNOVAGOLD
NOVAGOLD President & CEO, Greg Lang, presented in New York at the Cowen Global Metals, Mining and Materials Conference. A webcast replay is available on our website www.novagold.com
2012 San Francisco Hard Assets Investment ConferenceNOVAGOLD
The San Francisco Hard Assets Investment Conference provides a unique forum for U.S. based individual and institutional investors and mining stakeholders to learn from top analysts, economists, and newsletter publishers on the most exciting opportunities in hard asset investments.
Learn more about NOVAGOLD at www.novagold.com
You can choose to focus on what your employer requires of you; as a professional, you can choose to blend in with your environment and deliver what is required of you.
The document summarizes the context in Quebec regarding retirement savings and pensions. It then summarizes the Fonds de solidarité des travailleurs du Québec (FTQ) as a retirement savings vehicle that predominantly serves the middle class. It has $8.8 billion in assets and has created or maintained close to 500,000 jobs since 1990 by investing primarily in Quebec companies. It provides patient capital to complement traditional financing sources. The FTQ argues it must continue growing to help Quebecers save for retirement and support small and medium enterprises.
El documento describe la evolución histórica de la institución de la anticresis desde el Derecho romano hasta su incorporación en los códigos civiles modernos. Comienza explicando las características de la anticresis en el Derecho romano y cómo difiere del Derecho moderno. Luego explica cómo fue incorporada en el Código Civil francés y cómo pasó a otros códigos europeos como el italiano y español. Finalmente, analiza la naturaleza jurídica de la anticresis y cómo es tratada en el Derecho arg
The document summarizes a seminar on communication measurement. It discusses the evolution of PR measurement, setting goals, the three levels of measurement (outputs, outcomes, business results), and tools for measuring traditional and social media. Key points include banning advertising value equivalents, using valid metrics frameworks, and developing professional measurement offerings to demonstrate return on investment to clients.
Crossing The Cloud Chasm In The EnterpriseKenneth Hui
The document discusses how enterprise customers wanted more from cloud services than just AWS, with needs around reducing costs and complexity, avoiding vendor lock-in, managing security and data, and multi-cloud environments. This created an enterprise cloud computing chasm. Rackspace positions itself as the hybrid cloud leader that can bridge this chasm through its open cloud platforms, expertise in cloud operations including as the #1 OpenStack provider, and solutions that combine dedicated and public/private clouds.
The document summarizes feedback from an audience questionnaire about a student-created music video and accompanying promotional materials for the electronic band Glitch Mob. The feedback was overall positive, though some felt the video could have a stronger narrative connection to the song or promotional materials. Students used various media technologies like Adobe After Effects and Photoshop in creating, researching, and evaluating their projects. They aimed to use conventions of real music videos and promotional designs while also developing new approaches suited to the band.
1) The letter responds to correspondence from Mr. Gardiner regarding an employment tribunal case that was transferred from Aberdeen to Bristol.
2) The transfer was approved by the Vice President of Employment Tribunals (Scotland) and President of Employment Tribunals (England and Wales) because the case involved similar issues to other cases in Bristol regarding the same employer.
3) A pre-hearing review and judgment were issued on the case in Bristol on January 8th and 17th, respectively. The application for review of the transfer decision was refused because there were no grounds for review.
WebSockets allow for full-duplex and low-overhead communication between a client and server. They provide faster and more efficient transmission of data compared to traditional polling techniques. WebSockets are supported in modern browsers and enable use cases such as real-time updates in applications, online games, chat, and data streaming. Popular WebSocket libraries include Pusher and Socket.IO, which allow building WebSocket functionality into web and mobile apps.
Results of The Pock Pedal Sportive - Midi RouteMark Harrington
This document lists 57 individuals who received gold medals, 79 who received silver medals, and 21 who received bronze medals in an event. The event results are organized by award (gold, silver, bronze) and include each individual's name, gender, and time. Lorraine Gandy was the only woman to receive a gold medal, with a time of 04:15:05.
This document outlines ways to get involved in building a cloud computing community. It discusses benefits like driving adoption, sharing knowledge, and personal growth. Suggested involvement levels include following groups on Twitter/Google+, attending local user groups or conferences, creating blog posts or slide decks, podcasting, making videos, and public speaking. The levels increase in time and cost commitment, from following others online being minimal to creating videos and presentations being more substantial commitments. The document encourages starting with activities just outside one's comfort zone.
The workshop organized by Qatar Faculty of Islamic Studies examined issues of multiculturalism, citizenship, and minority rights in countries around the world. Scholars from various countries discussed how governments have addressed integrating minority groups and how Western societies have traditionally been more open than the Arab world on these issues. The goal was to start a respectful dialogue on these topics and explore how Qatar can embrace both its cultural heritage and an open, global society.
NOVAGOLD presenters, Greg Lang and David Ottewell, reviewed the Company's third quarter financial results and provided a project update. For more information on our projects, please visit www.novagold.com
We announced our fourth quarter financial results Feb. 11, the conference call & webcast to discuss these results took place today. A replay is available on our website. Thank you!
NOVAGOLD announced 2013 first quarter financial results followed by a conference call & webcast. View the slide deck here, or visit our website for the webcast replay www.novagold.com
NOVAGOLD was featured at the New Orleans Investment Conference, now in its 39th consecutive year. It ranks as the preeminent gathering of private investors and attracts wealthy individuals from all 50 states and over 35 nations.
Vancouver Resource Investment Conference 2014NOVAGOLD
NOVAGOLD exhibited and presented at the Cambridge House Vancouver Resource Investment Conference, Jan 19-20. Thank you to everyone who visited our booth. For more information on the Company, please visit www.novagold.com
This document provides a cautionary statement regarding forward-looking statements made in a February 2013 corporate presentation by Romarco. It notes that several projections reported are forward-looking in nature and are based on assumptions regarding factors like mineral reserve estimates, costs, production levels, metal prices, and timing. It cautions that actual results could differ materially from what is reported due to risks and uncertainties. The document also qualifies that scientific and technical information in the presentation is extracted from technical reports prepared in accordance with Canadian regulations.
The document summarizes Novagold's presentation at the Precious Metals Summit in Zurich in November 2013. It discusses Novagold's two main projects, Donlin Gold and Galore Creek, highlighting that Donlin Gold is one of the largest gold deposits in development and would be among the largest gold mines in production. It also notes that permitting has commenced for Donlin Gold and that Novagold is pursuing divestiture of Galore Creek to fund Donlin Gold's development. Additionally, the presentation outlines Novagold's goals to advance its projects on time and on budget in 2013.
Chairman, Thomas Kaplan, provided an update on the Company's recent development at the Dahlman Rose & Co. 3rd Annual Global Metals, Mining & Materials Conference. Webcast replay is available at www.novagold.com
Cowen and Company 4th Annual Global Metals, Mining and Materials ConferenceNOVAGOLD
NOVAGOLD President & CEO, Greg Lang, presented in New York at the Cowen Global Metals, Mining and Materials Conference. A webcast replay is available on our website www.novagold.com
2012 San Francisco Hard Assets Investment ConferenceNOVAGOLD
The San Francisco Hard Assets Investment Conference provides a unique forum for U.S. based individual and institutional investors and mining stakeholders to learn from top analysts, economists, and newsletter publishers on the most exciting opportunities in hard asset investments.
Learn more about NOVAGOLD at www.novagold.com
You can choose to focus on what your employer requires of you; as a professional, you can choose to blend in with your environment and deliver what is required of you.
The document summarizes the context in Quebec regarding retirement savings and pensions. It then summarizes the Fonds de solidarité des travailleurs du Québec (FTQ) as a retirement savings vehicle that predominantly serves the middle class. It has $8.8 billion in assets and has created or maintained close to 500,000 jobs since 1990 by investing primarily in Quebec companies. It provides patient capital to complement traditional financing sources. The FTQ argues it must continue growing to help Quebecers save for retirement and support small and medium enterprises.
El documento describe la evolución histórica de la institución de la anticresis desde el Derecho romano hasta su incorporación en los códigos civiles modernos. Comienza explicando las características de la anticresis en el Derecho romano y cómo difiere del Derecho moderno. Luego explica cómo fue incorporada en el Código Civil francés y cómo pasó a otros códigos europeos como el italiano y español. Finalmente, analiza la naturaleza jurídica de la anticresis y cómo es tratada en el Derecho arg
The document summarizes a seminar on communication measurement. It discusses the evolution of PR measurement, setting goals, the three levels of measurement (outputs, outcomes, business results), and tools for measuring traditional and social media. Key points include banning advertising value equivalents, using valid metrics frameworks, and developing professional measurement offerings to demonstrate return on investment to clients.
Crossing The Cloud Chasm In The EnterpriseKenneth Hui
The document discusses how enterprise customers wanted more from cloud services than just AWS, with needs around reducing costs and complexity, avoiding vendor lock-in, managing security and data, and multi-cloud environments. This created an enterprise cloud computing chasm. Rackspace positions itself as the hybrid cloud leader that can bridge this chasm through its open cloud platforms, expertise in cloud operations including as the #1 OpenStack provider, and solutions that combine dedicated and public/private clouds.
The document summarizes feedback from an audience questionnaire about a student-created music video and accompanying promotional materials for the electronic band Glitch Mob. The feedback was overall positive, though some felt the video could have a stronger narrative connection to the song or promotional materials. Students used various media technologies like Adobe After Effects and Photoshop in creating, researching, and evaluating their projects. They aimed to use conventions of real music videos and promotional designs while also developing new approaches suited to the band.
1) The letter responds to correspondence from Mr. Gardiner regarding an employment tribunal case that was transferred from Aberdeen to Bristol.
2) The transfer was approved by the Vice President of Employment Tribunals (Scotland) and President of Employment Tribunals (England and Wales) because the case involved similar issues to other cases in Bristol regarding the same employer.
3) A pre-hearing review and judgment were issued on the case in Bristol on January 8th and 17th, respectively. The application for review of the transfer decision was refused because there were no grounds for review.
WebSockets allow for full-duplex and low-overhead communication between a client and server. They provide faster and more efficient transmission of data compared to traditional polling techniques. WebSockets are supported in modern browsers and enable use cases such as real-time updates in applications, online games, chat, and data streaming. Popular WebSocket libraries include Pusher and Socket.IO, which allow building WebSocket functionality into web and mobile apps.
Results of The Pock Pedal Sportive - Midi RouteMark Harrington
This document lists 57 individuals who received gold medals, 79 who received silver medals, and 21 who received bronze medals in an event. The event results are organized by award (gold, silver, bronze) and include each individual's name, gender, and time. Lorraine Gandy was the only woman to receive a gold medal, with a time of 04:15:05.
This document outlines ways to get involved in building a cloud computing community. It discusses benefits like driving adoption, sharing knowledge, and personal growth. Suggested involvement levels include following groups on Twitter/Google+, attending local user groups or conferences, creating blog posts or slide decks, podcasting, making videos, and public speaking. The levels increase in time and cost commitment, from following others online being minimal to creating videos and presentations being more substantial commitments. The document encourages starting with activities just outside one's comfort zone.
The workshop organized by Qatar Faculty of Islamic Studies examined issues of multiculturalism, citizenship, and minority rights in countries around the world. Scholars from various countries discussed how governments have addressed integrating minority groups and how Western societies have traditionally been more open than the Arab world on these issues. The goal was to start a respectful dialogue on these topics and explore how Qatar can embrace both its cultural heritage and an open, global society.
2013715173232 im pantloon _15 july 2013_finalSoumen Dasgupta
This document provides information on the proposed listing of 9,27,93,529 equity shares of Pantaloons Fashion & Retail Limited (PFRL) on the Bombay Stock Exchange and National Stock Exchange of India. It summarizes the details of the demerger of the fashion retail business of Future Retail Limited into PFRL. The document contains information on PFRL such as its registered office, compliance officer, risk factors, capital structure, objects and rationale of the demerger scheme, management, promoters, group companies, financials, outstanding litigation and government approvals.
The document summarizes ILRI activities in Ethiopia, including developing and promoting science-based practices to improve livestock farming. Some key projects discussed are LIVES (Livestock and Irrigation Value Chains for Ethiopian Smallholders), which works to develop livestock and irrigation value chains, and the Ethiopia Livestock Masterplan, which ILRI is assisting the Ethiopian government to develop as a long-term vision and strategy for the livestock sector. The presentation also provides an overview of other projects involving research, capacity building, and influencing policies.
This issue of toast! magazine focuses on liqueurs and how to best utilize them in cocktails and drinks. It provides recipes and pairing suggestions for revamping favorite liqueurs. It also previews the upcoming Beervana craft beer festival in Wellington, providing recommendations for the best beers to try. Additionally, it discusses the rising popularity of spiced rum and offers guidance on how to make the most of it in mixed drinks.
Doug is appealing a recent grievance ruling related to allegations of bullying by his former employer, Exsto. He feels the previous grievances and this one were not properly investigated and were "whitewashed" to protect the company and his manager, Mr. Baxevanidis. Doug alleges that Mr. Baxevanidis bullied him and damaged his health, but that Exsto did not take the allegations seriously despite policies saying they do. He no longer has any trust in Exsto or confidence in them as an employer due to how they have handled his grievances and appeals.
Doug Gardiner is appealing the conclusions of Mr. Jean-Marc Penelon regarding his grievance letters. He disagrees with most of the findings and some actions. Specifically, he notes that an email cited regarding an absence policy was from 2007 and superseded, he was bullied and harassed by Mr. John Baxevanidis without following formal procedures, and unauthorized deductions were made from his pay. He asks Mr. Torres to either hold a further investigation or stand by the previous conclusions, in which case Doug will take the matters to the next step.
This document discusses personal health records (PHRs). PHRs are populated by electronic health records and allow patients to request appointments, request prescription refills, and send messages to doctors. PHRs can also be used to share health information with family and caregivers. While PHRs give patients access and empowerment, they also present challenges regarding privacy, security, user acceptance, and the relationship between patients and providers. The future of PHRs may include more integration with electronic health records and virtual doctors.
Black History Timeline at Brown University - 12 23-13 submisionTiffani Scott
This document summarizes key events in black history at Brown University from 1877 to 2014, including:
- The graduation of Inman Page and George Washington Milford Brown in 1877 as the first two black students to graduate from Brown.
- Milestones for black faculty, staff, and administrators such as J. Saunders Redding becoming the first black person appointed to the Brown faculty in 1949.
- The founding of black student groups such as the Organization of United African Peoples in 1972 and the establishment of the Africana Studies department in 1969.
- Student protests in 1968 and 1975 that increased black student enrollment and maintained university commitments to black students and faculty.
- Ruth J. Simmons becoming the first black president of an
This document discusses Novagold Resources Inc.'s presentation at the BMO Capital Markets 22nd Global Metals & Mining Conference on February 25, 2013. It highlights two of Novagold's projects - Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the largest, highest-grade gold deposits in the world. It is in permitting and expected to be a top-tier gold producer. Galore Creek is a large copper project that Novagold is pursuing divestiture of to fund development of Donlin Gold. The document also notes Novagold's strong institutional ownership and experienced management team.
This document provides an overview of the Vancouver Resource Investment Conference taking place January 20-21, 2013. It includes cautionary statements regarding forward-looking statements and scientific and technical information. The document then provides information on NOVAGOLD's projects, including Donlin Gold and Galore Creek. Donlin Gold is described as one of the largest gold deposits in the world in terms of size, grade, and production profile. It is located in a safe jurisdiction in Alaska.
The document discusses Novagold Resources Inc., a gold mining company. It highlights two of Novagold's key projects - Donlin Gold in Alaska and Galore Creek in British Columbia.
Donlin Gold is described as one of the most important undeveloped gold projects in the world due to its large scale, high grade, exploration potential, production profile, and location in a safe jurisdiction. Permitting for Donlin Gold commenced in Q3 2012.
Galore Creek, if developed per its latest study, would be the largest and lowest cost copper mine in Canada. Novagold is pursuing divesting Galore Creek to fund development of Donlin Gold.
The document also notes Novagold
This document summarizes a presentation by NOVAGOLD at the Dahlman Rose & Co. Precious Metals Conference in New York on January 9, 2013. The presentation highlights NOVAGOLD's two projects: Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as arguably the most important undeveloped gold project in the world due to its large scale, high grade, significant exploration potential, production profile, and location in a jurisdictionally safe area. Permitting for Donlin Gold commenced in the third quarter of 2012. Galore Creek has the potential to be the largest and lowest cash cost copper mine in Canada if developed. NOVAGOLD is pursuing divestment of Gal
The document summarizes NovaGold's 2012 year-end financials and project update. It discusses NovaGold's accomplishments in 2012 that advanced the company, including strengthening management, publishing an EIS for the Donlin Gold project, and spinning off NovaCopper. It provides an overview of the Donlin Gold project as arguably the world's most significant gold project. Finally, it discusses 2012 fourth quarter project activity for Donlin Gold and Galore Creek, including permitting applications submitted for Donlin Gold and exploration/geotechnical drilling at Galore Creek.
The document is a presentation from Novagold Resources Inc. discussing their Donlin Gold project in Alaska. Some key points:
- Donlin Gold is one of the largest gold development projects in the world in terms of size, grade, and production profile.
- It has over 39 million ounces of gold in measured and indicated mineral resources.
- The average resource grade of 2.24 g/t is among the highest for large scale open pit deposits.
- Novagold and Barrick Gold are jointly advancing Donlin Gold through permitting while identifying ways to optimize the project design and reduce costs.
NOVAGOLD SAN FRANCISCO HARD ASSETS INVESTMENT CONFERENCECompany Spotlight
The document summarizes the 2012 San Francisco Hard Assets Investment Conference held on November 17, 2012. It discusses Novagold Resources Inc., focusing on its two main projects - Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the most significant gold development projects in the world due to its large size, high grade, and being located in a safe jurisdiction. Novagold and Barrick Gold are moving forward with permitting and further optimization of the Donlin Gold project.
This document provides cautionary statements regarding forward-looking statements and scientific and technical information for the Donlin Gold project. It summarizes that Donlin Gold is one of the largest and highest-grade open-pit gold deposits in the world located in Alaska. Permitting for the project commenced in Q3 2012 and Barrick Gold and NOVAGOLD are working to advance the project up the value chain. The project has significant exploration potential along an 8km mineralized trend and could produce over 1 million ounces of gold per year.
This document discusses the gold development company Novagold Resources Inc. It highlights Novagold's two main projects - Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the most significant gold projects in the world due to its large size, high grade, and exploration potential. It has over 39 million ounces of gold in measured and indicated resources. The document notes that permitting for Donlin Gold began in the third quarter of 2012. It also discusses trends in the gold industry of declining ore grades and rising costs, and positions Donlin Gold favorably against its peers due to its high grade.
This document discusses the gold development company Novagold Resources Inc. It highlights Novagold's two main projects - Donlin Gold in Alaska and Galore Creek in British Columbia. Donlin Gold is described as one of the most significant gold projects in the world due to its large size, high grade, and excellent exploration potential. It has over 39 million ounces of gold in measured and indicated resources. The document notes that permitting for Donlin Gold began in the third quarter of 2012. It also discusses trends in the gold industry of declining ore grades and rising costs, and states that projects the size of Donlin Gold are becoming increasingly rare.
The document provides an overview of Novagold Resources Inc.'s first quarter 2013 results and upcoming goals and milestones. It discusses progress made on permitting the Donlin Gold project in Alaska and exploration activities at the Galore Creek project in Canada. Financial results for Q1 2013 showed lower expenses year-over-year and a cash position of $299 million. Novagold's priorities for 2013 include advancing permitting for Donlin Gold and updating resource models for both projects.
The document discusses the Donlin Gold project in Alaska. It describes Donlin Gold as one of the largest gold development projects in the world, with 39 million ounces of gold in its measured and indicated resource categories. It is also highlighted as having one of the highest grades among large-scale open pit deposits globally. If developed, Donlin Gold is projected to become the largest gold producer in the world, producing over 1 million ounces annually over its 27-year mine life. The document emphasizes the project's scale, grade, production profile, and location in a safe jurisdiction as highlighting its significance as a development asset.
2013 Metals & Minerals Investment Conference, San FranciscoNOVAGOLD
NOVAGOLD exhibited at the 2013 MMIC in San Francisco Nov. 25-26. Thank you to everyone one who visited our booth and joined our presentation. More information on our projects is available at www.novagold.com.
International Precious Metals & Commodities Show, MunichNOVAGOLD
It is the first time for NOVAGOLD to exhibit and present at the International Precious Metals & Commodities Show in Munich, we are having a great time! For the German version, please visit www.novagold.com
Bank of America Merrill Lynch 19th Annual Canada Mining ConferenceNOVAGOLD
NOVAGOLD presented at the Bank of America Merrill Lynch 19th Annual Canada Mining Conference in Toronto. For more information on NOVAGOLD's top tier projects, visit our website www.novagold.com
This document provides an overview of Novagold Resources Inc., including forward-looking statements and cautions regarding scientific and technical information. It summarizes Novagold's two flagship projects: Donlin Gold in Alaska, described as one of the most significant gold projects in the world due to its large size, high grade, and production potential; and Galore Creek in British Columbia, a large copper project. The document outlines Novagold's goals for 2013, including permitting and engineering updates for the projects.
NOVAGOLD 2013 Annual General and Special Meeting of ShareholdersNOVAGOLD
The Company's 2013 Annual General and Special Meeting of Shareholders was held on May 29th @ 3PM Pacific. President & CEO, Greg Lang, and Chairman, Tom Kaplan, reviewed the 2012 results and provided an outlook on what's to come. The webcast replay is available on our website www.novagold.com.
Presentation Clayton Valley, NevadaFrom Drilling to PEA in under 2 YearsCompany Spotlight
The document summarizes Cypress Development Corp's Clayton Valley lithium project in Nevada. Key points include:
- A Preliminary Economic Assessment shows promising economics including a 32.7% IRR and $1.45 billion NPV.
- Measured and indicated resources total 8.9 million tonnes LCE with additional inferred resources.
- The project has the potential for low-cost production due to favorable geology and metallurgy.
- Upcoming catalysts in 2019 include a metallurgical study and prefeasibility study to further de-risk the project.
Aben Resources has made a new high-grade gold discovery at its flagship Forrest Kerr project in BC's Golden Triangle region. The region is known for major gold deposits and saw $100 million in exploration spending in 2017. Recent improvements have made the Forrest Kerr project more accessible via new roads. Aben's technical team has reinterpreted historical data and identified additional exploration targets. The project covers over 23,000 hectares of prospective geology along the Forrest Kerr fault zone that is similar to other major deposits in the Golden Triangle.
Aben Resources has discovered high-grade gold zones at its Forrest Kerr project in British Columbia's Golden Triangle. The first hole of the 2018 drill program intersected four separate high-grade gold zones within 190 metres, including 331.0 g/t Au over 1.0 metre. Aben plans to expand drilling at the Boundary North Zone and test other gold anomalies identified through soil sampling. The company also holds the Justin project in Yukon and Chico project in Saskatchewan near recent discoveries.
Cypress Development Corp. owns lithium claims in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. A preliminary economic assessment found the project could have a 32.7% IRR and $1.45 billion NPV. The project would extract lithium from claystone using leaching and have average annual production of 24,042 tonnes of lithium carbonate over 40 years. Capital costs are estimated at $482 million to build a 15,000 tonne per day operation.
The document discusses Aben Resources Ltd., a gold exploration company with projects in British Columbia's Golden Triangle region and other areas of Western Canada. It provides an overview of Aben's management team and directors, flagship Forrest Kerr project, recent drilling results showing new high-grade gold discoveries, and its strategy to advance exploration through 2018. The document also briefly outlines Aben's other projects including the Chico gold project in Saskatchewan and Justin gold project in Yukon.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters thick. A maiden resource estimate calculated 3.287 million tonnes of lithium carbonate equivalent in the indicated category and 2.916 million tonnes LCE in inferred. Metallurgical tests show the claystone is acid leachable and able to recover over 80% of the lithium. Cypress plans additional drilling, engineering studies, and permitting to advance the project towards production.
- Aben Resources has three highly prospective gold projects in Western Canada including its flagship Forrest Kerr Project in BC's Golden Triangle region, which had recent drilling success expanding the Boundary North Zone.
- Management has over 100 years of combined experience in Western Canada and a proven track record of success.
- The projects have significant historic work identifying high-grade gold and robust discovery potential remains.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters. A maiden resource estimate classified over 1.3 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is leachable with over 80% lithium recovery. Cypress aims to advance the project with engineering studies and further drilling to define resources with the goal of becoming a domestic lithium producer for the growing battery market.
The document provides forward-looking statements and discusses risks associated with such statements. It notes that some statements may be deemed forward-looking and lists factors that could cause actual results to differ from forward-looking statements. The document also identifies the qualified person for the technical information as Cornell McDowell and provides Aben's trading symbols and recent share information.
The document provides an overview of Aben Resources Ltd., a mineral exploration company with gold projects in Western Canada. It summarizes Aben's three key projects - Forrest Kerr in BC's Golden Triangle region with recent drill results discovering the Boundary Zone, Chico in Saskatchewan near producing mines, and Justin in Yukon's White Gold district. It outlines the management team's expertise and provides company details like shares outstanding and trading symbols.
- Cypress Development Corp owns the Clayton Valley lithium project in Nevada located near Albemarle's Silver Peak lithium brine operation.
- Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes drilled.
- Metallurgical tests show the claystone is acid leachable with over 80% lithium extraction possible.
- Cypress aims to define a resource estimate in 2018 and advance the project with feasibility studies to develop a lithium operation.
The document discusses forward-looking statements and provides disclaimers about them. It introduces the qualified person for the technical information presented. It also lists Aben's trading symbols and recent share information including price and market capitalization.
1) Cypress Development Corp owns the Clayton Valley lithium project located next to Albemarle's Silver Peak mine in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging over 900 ppm Li to a depth of over 100 meters.
2) A maiden resource estimate classified over 1.5 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is acid leachable to extract over 80% of the lithium.
3) The project is located in a strategic location to supply the growing lithium-ion battery market in the US, with lithium demand accelerating due to the increased production of electric vehicles globally.
TerraX Minerals is a Canadian mineral exploration company focused on exploring and developing its 100% owned 772 square km Yellowknife City Gold project located adjacent to the city of Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts and has had multiple high-grade gold discoveries. TerraX has a strong management team with experience discovering and developing gold deposits and low exploration costs due to the project's excellent infrastructure and year-round access near Yellowknife.
This document discusses forward-looking statements and provides information about Aben Resources Ltd., including its stock symbols, shares outstanding, recent share price, market capitalization, and three gold exploration projects in Western Canada. It summarizes the management team's experience and the company's investment highlights. Specifically, it owns the Forrest Kerr gold project in British Columbia's Golden Triangle region, which saw successful drilling results in 2017 that led to a new discovery called the North Boundary zone.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, process engineering, and a preliminary economic assessment in 2018 to advance the project. The company sees potential for the project given growing lithium demand from electric vehicles and batteries.
TerraX Minerals is a Canadian mineral exploration company focused on exploring its 100% owned 772 square km Yellowknife City Gold project located near Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts with known deposits and past producers. TerraX has made multiple high-grade gold discoveries on the property and identified several high-priority targets for further exploration and drilling. The company has a strong management team with experience discovering and developing deposits in the region.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada that have the potential to be a significant lithium resource. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical testing shows the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to further define the resource potential.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to evaluate the project's potential.
Cypress Development Corp is exploring for lithium resources in Clayton Valley, Nevada. Recent drilling has encountered lithium-bearing claystone up to 112 meters below surface, with grades averaging over 800 ppm lithium. Metallurgical testing indicates 80% of the lithium can be extracted using a weak sulfuric acid solution. Cypress plans additional drilling in 2018 and expects to publish a initial lithium resource estimate in Q1 2018 to advance the project towards a preliminary economic assessment. The project is located near existing lithium production and infrastructure to be a potential new supply of lithium for the growing battery market.
1. PDAC 2013 – PROSPECTORS & DEVELOPERS
ASSOCIATION OF CANADA
BOOTH #2901
March 3-6, 2013
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2. CAUTIONARY STATEMENTS
REGARDING FORWARD-LOOKING STATEMENTS
This presentation includes certain “forward-looking statements” within the meaning of applicable securities laws, including the United States Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical fact, included herein including, without limitation, statements relating to Donlin Gold’s and Galore Creek’s future operating or
financial performance, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “plans”, “expects”, “anticipates”,
“believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could”, or “should” occur or be achieved.
These forward-looking statements are set forth in the slides pertaining to the implementation of the Donlin Gold second updated Feasibility Study and the Galore Creek Pre-Feasibility
Study. Froward-looking statements may include statements regarding perceived merit of properties; exploration results and budgets; mineral reserves and resource estimates; work
programs; capital expenditures; timelines; strategic plans; completion of transactions; market price of precious base metals; or other statements that are not statements of fact. Forward-
looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations include the uncertainties involving the
need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; uncertainties involved in the interpretation of drilling results
and geological tests and the estimation of reserves and resources; the need for continued cooperation between NOVAGOLD and Barrick Gold in the exploration and development of the
Donlin Gold property; between NOVAGOLD and Teck Resources Ltd. in the exploration and development of the Galore Creek property; the need for cooperation of government
agencies and native groups in the development and operation of properties; the need to obtain permits and governmental approvals; risks of construction and mining projects such as
accidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation in geological structures, ore grades or recovery
rates; unexpected cost increases; fluctuations in metal prices and currency exchange rates; and other risk and uncertainties disclosed in reports and documents filed by NOVAGOLD
with applicable securities regulatory authorities from time to time. The forward-looking statements made herein reflect management’s beliefs, opinions and projections on the date the
statements are made. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should
they change.
REGARDING SCIENTIFIC AND TECHNICAL INFORMATION
Unless otherwise indicated, all reserve and resource estimates included in this presentation have been prepared in accordance with Canadian National Instrument 43-101 Standards of
Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves (“CIM
Definition Standards”). Canadian standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (“SEC”), and
reserve and resource information in this presentation may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the
foregoing, the term “resource” does not equate to the term “‘reserves”. Under U.S. standards, mineralization may not be classified as a “reserve” unless the determination has been
made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC’s disclosure standards normally do not
permit the inclusion of information concerning “measured mineral resources”, “indicated mineral resources” or “inferred mineral resources” or other descriptions of the amount of
mineralization in mineral deposits that do not constitute “reserves” by U.S. standards in documents filed with the SEC. U.S. investors should also understand that “inferred mineral
resources” have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an
“inferred mineral resource” will ever be upgraded to a higher category. Under Canadian rules, estimated “inferred mineral resources” may not form the basis of feasibility or pre-feasibility
studies except in rare cases. Investors are cautioned not to assume that all or any part of an “inferred mineral resource” exists or is economically or legally mineable. Disclosure of
“contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute
“reserves” by SEC standards as in-place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for identification of “reserves” are also not the same as
those of the SEC, and reserves reported in compliance with NI 43-101 may not qualify as “reserves” under SEC standards. Accordingly, information concerning mineral deposits set
forth herein may not be comparable to information made public by companies that report in accordance with United States standards.
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3. THE NOVAGOLD OPPORTUNITY
Tier 1 Projects – Exceptional in Scale, Quality and Jurisdictional Safety
Donlin Gold
▸ In terms of combined size, grade,
exploration potential, production
profile and jurisdictional safety,
Donlin Gold is arguably the most
important undeveloped gold
project in the world
▸ Permitting commenced in Q3/12
Galore Creek
▸ If placed into production, as per
the latest Pre-Feasibility Study,
would be the largest and lowest
cash cost copper mine in Canada
▸ Pursuing divestiture to fund
development of Donlin Gold
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4. THE NOVAGOLD OPPORTUNITY
Institutional Quality Investment
Solid. 80% Institutional Ownership
▸ Significant High Grade Reserves Electrum Group Lifted Stake to 27%1
▸ Excellent Exploration Potential
▸ Experienced Management Team Top Shareholders 2
Electrum Strategic Holdings, L.L.C
Secure. Paulson & Co. Inc.
▸ Healthy Balance Sheet The Baupost Group, L.L.C.
▸ Jurisdictional Safety
Vinik Asset Management, L.P.
Fidelity Management & Research
Golden. Company
▸ Committed to Shareholder Value
▸ Superior Leverage to Gold
1) Based on the 12.31.12 13-D filings
2) For the exception of Electrum Strategic Holdings, LLC, shareholder positions are
based on the 12.31.12 13-F filings
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5. NOVAGOLD: MEETING THE MILESTONES FOR 2012
A Year Of Accomplishments Advancing NOVAGOLD Up the Value Chain
2013
NOVAGOLD
Pure Gold
Play
Q4 - 12
Q4 - 12
Q4 - 12 Strengthened
management
Notice of team with
Q3 - 12 permitting,
Intent to
prepare an development
Q2 - 12 Rock Creek and CSR
divestiture EIS for
Donlin Gold experience
completed
Q1 - 12 Donlin Gold published in
Updated Federal
NovaCopper Feasibility Register
spinoff Study
accepted &
Bought-deal permitting
financing initiated
US$318M
(net)
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6. 2013 GOALS AND MILESTONES
Focused on Advancing Our Projects On Time and On Budget
Q4 - 13
Q4 - 13
Update on
Q3 - 13
Donlin Gold
Preliminary
Q2 - 13 Donlin Gold Draft EIS
cost Progress
Galore reduction
Q1 - 13 Creek opportunities
update
Q1 - 13 Complete
public
Galore scoping for
Creek Donlin Gold
exploration EIS
Received
$54.0 M drill results
proceeds
from in the
money
warrants
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7. THE RIGHT PROJECT – DONLIN GOLD
Arguably the World’s Most Significant Gold Project
Largest gold project in development
Among the highest grade large-scale open-pit deposits
Excellent expansion potential along strike & at depth
Poised to be world’s largest gold producer, one of only six >1Moz/year
Safe: In Alaska, 2nd largest gold producing state in U.S.
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8. DONLIN GOLD: THE LARGEST DEVELOPMENT-STAGE GOLD DEPOSIT
Feasibility Study in Place and Permitting Underway
45
40 39.0
35
30
M&I Au Resources (Moz)
25.8
25
20 19.0
16.5
14.6 14.0
15
10
5
--
Donlin Gold Detour Lake Metates Livengood Rosia Montana Kibali
LOCATION: USA CANADA MEXICO USA ROMANIA D.R. CONGO
Source: Donlin Gold data as per Donlin Creek Gold Project Alaska, USA, NI 43-101 Technical Report on Second “Updated Feasibility Study”, effective November 18, 2011, as amended January 20,
2012 (the “Updated Feasibility Study”). Measured and Indicated resources are inclusive of Proven and Probable reserves. See “Cautionary Note Concerning Reserve & Resource Estimates” and
“Reserve & Resource Base” with footnotes in the appendix. RBC peer group data based on large, open pit, gold focused development projects.
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9. DONLIN GOLD: AMONG HIGHEST-GRADE DEPOSITS IN THE WORLD
Large-Scale Open-Pit Gold Development
4.00
3.50 3.38
3.00
2.50
M&I Au Grade (g/t)
2.24
2.00
1.50
1.30
1.04
1.00
0.55 0.50
0.50
--
Kibali Donlin Gold Rosia Montana Detour Lake Livengood Metates
LOCATION: D.R. CONGO USA ROMANIA CANADA USA MEXICO
Source: Donlin Gold data as per the Updated Feasibility Study. Measured and Indicated resources are inclusive of Proven and Probable reserves. See “Cautionary Note Concerning Reserve & Resource
Estimates” and “Reserve & Resource Base” with footnotes in the appendix. RBC peer group data based on large, open pit, gold focused development projects.
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10. DONLIN GOLD: SUBSTANTIAL EXPLORATION POTENTIAL
Multiple Drill Prospects and Targets Exist Along 8km Trend
▸ Future mine situated in 3km
segment of 8km mineralized
trend
▸ Over the last six years, the
mineral endowment has more
than doubled
▸ Located largely on private land,
designated for mining
▸ Gold-bearing drill holes along
the 8km trend
▸ Exploration upside:
• In-pit resource conversion
• In-pit/deep-pit exploration
• Near-pit targets (East ACMA,
3km = 39 Moz M&I (including 34 Moz P&P), 6 Moz Inferred1 Akivik Zone and Snow)
• Area resource potential
1) See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
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11. DONLIN GOLD: ANTICIPATED TO BE TOP-TIER PRODUCER
By Far the Largest Evolving Gold Producer from Existing Projects
1.60
1
1.50
1.40
1.20
LOM Average Annual Au Production (Moz)
2
1.10
1.00
0.80 0.76
0.66
0.60
0.60 0.56
0.51
0.40
0.20
0.00
Donlin Gold Metates Detour Lake Kibali Livengood Rosia Montana
LOCATION: USA MEXICO CANADA D.R. CONGO USA ROMANIA
Source: Donlin Gold data: Updated Feasibility Study. Measured and Indicated resources are inclusive of Proven and Probable reserves. See “Cautionary Note Concerning Reserve & Resource
Estimates” and “Reserve & Resource Base” with footnotes in the appendix. RBC peer group data based on large, open pit, gold focused development projects.
1) Projected annual gold production during first five full years of mine life
2) Projected annual gold production during full life of mine
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12. JURISDICTIONAL SAFETY BECOMING THE “EXISTENTIAL” INVESTMENT
CRITERION
“Large-Scale Quality Assets” Raising the Question “Where in the World Are You?”
• Recently highlighted regions/countries
with heightened geopolitical risk
▸ Accelerated industry focus on jurisdictional safety and resource nationalism in
many of the largest gold and copper-producing countries
▸ Countries such as Mongolia, Kyrgyzstan, Dominican Republic, Peru,
Argentina, Indonesia and Ghana have all stated their intentions to seek
higher mining taxes and royalties
▸ Civil and labor unrest in South Africa, Congo, Zambia and Greece with
countries looking to get an increased stake in mining companies
▸ Very limited number of quality assets in low geo-political risk jurisdictions
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13. MINES THE SIZE OF DONLIN GOLD ARE SCARCE
Only Six Projects in the World are Slated for Ore Producing >1Moz/year
CORTEZ
USA 1
156 MINES
>100 Koz MURUNTAU
Uzbekistan
1
21 MINES 3 MINES/PROJECTS
GOLDSTRIKE
>500 Koz USA Located in North America, a safe
jurisdiction
Donlin Gold: only undeveloped
8 MINES YANACOCHA asset in this category
>800 Koz Peru
PUEBLO VIEJO
6 MINES/ Dominican Republic
Projects
>1 Moz
DONLIN GOLD
USA
▸ 1.5 Moz/year in first five full years2
▸ 1.1 Moz/year LOM2
Source: RBC
1) Based on 2011 actual production where available, excludes Newmont’s Nevada operations that consist of multiple mines, and excludes Tasiast
as Kinross has elected to undertake a Pre-Feasibility Study (PFS) for construction of a mid-sized CIL mill in the 30,000 tonne per day range, for
purposes of comparison with the 60,000 tonne per day mill expansion option. Analysis includes life of mine data for Donlin Gold
2) If put into production as contemplated by the Updated Feasibility Study
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14. MAJOR DISCOVERIES ARE INCREASINGLY RARE
Very Few and No Easy Quality Development Assets Left
Significant
decline in gold
discoveries
since 2006
Gold reserves
are being mined
out at a high rate
Source: Metals Economics Group – Strategies for Gold Reserves Replacement 2012
Note: Major gold discoveries based on a cut off of 2 M/oz of gold in total reserves, resources and past production (or at
least 1 M/oz in defined reserves)
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15. THE CLIMATE OF DECLINING GRADE AND ESCALATING COSTS
Donlin Gold Has Among the Highest Grade for an Open-Pit Deposit
Grade, g/t Cost US$/oz
2.5 1,200
Donlin Gold Mining
1
2.24 g/t average Mined grade
M&I grade 2.0
36% 1,000
above reserve grade
“Reserve grade are
800
down 50% over 10 Reserve grade
1.5
years negatively
impacting 600
production cost
and capex which 1.0
have tripled in the 400
same time period”
0.5
Pierre Lassonde, 200
DGF 2012
0.0 0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Total cash cost Depreciation Exploration & sustaining capex Other and administrative 2
Source: GFMS Mine Economics, LBMA, World Gold Council
1) 2002-2004 data set includes primary gold mines only, 2005 onwards, includes porphyry copper gold mines
2) Includes exceptional items
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16. THE PRODUCTION CLIFF – AN INEVITABLE PHENOMENON
Donlin Gold Project to Come into Play at a Key Time for the Industry
Donlin Gold expected to commence production 1.5M oz Au/yr1
▸ 2017 onward, material declines in gold production across the industry
▸ Project queue & discovery frequency inadequate to replace production,
creating a supply-demand disequilibrium in gold
Source: National Bank Financial – The Gold Production Cliff; Industry Congestion Part 3, January 31, 2013.
Note: Based on Company Reports, NBF Estimates
1) Projected annual gold production during first five full years of mine life as per the Updated Feasibility Study
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17. RESERVE BURN RATE
Large Development Projects are Needed to Maintain Current Production Levels
30
26
25
Large deposits 21
rapidly depleting 20
20
reserves 18
16
The industry 15
Years
15
15
needs large
mines to sustain
production levels 10
5
0
NOVAGOLD Goldfields Kinross Goldcorp Anglogold Ashanti Newmont Barrick
2011 Attributable Recoverable
17.2 70.0 47.7 45.4 67.9 79.3 114.6
P&P Reserves (Moz.)
2011 Attributable Annual
0.7 3.3 2.4 2.5 4.3 5.2 7.7
Production (Moz.)
Note: Based on public filings and websites. Annual production figures represent 2011 annual production for public peers and steady-state production estimate for Donlin Gold as per the most recent
Updated Feasibility Study. See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
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18. DONLIN GOLD: POISED TO BE WORLD’S BIGGEST GOLD MINE
Expected Production Rivals 10 Largest Existing Gold Mines
1.60
1
1.50
1.44 1.42
1.40
1.29
1.20
1.09
Gold (M/oz)
1.10 2
1.00 0.96
0.83
0.79 0.79
0.80 0.76 0.74
0.60
0.40
0.20
0.00
Donlin Gold Grasberg Mine Cortez Yanacocha Goldstrike Veladero Vaal River The Super Pit West Wits Lagunas Norte Boddington
SOUTH SOUTH
LOCATION: USA INDONESIA USA PERU USA ARGENTINA AUSTRALIA PERU AUSTRALIA
AFRICA AFRICA
Source: Cole Latimer, “World’s ten biggest gold mines – three mining majors dominate list,” Australian Mining, Mineweb, August 13, 2012. http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=156837&sn=Detail
A listing of the world's ten largest gold mines by gold output according to 2011 production figures.
1) Projected annual gold production during first five full years of mine life as per the Updated Feasibility Study.
2) Projected annual gold production during full life of mine as per the Updated Feasibility Study.
See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
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19. DONLIN GOLD
Projected to be Among the Low Cost Producers
First Five Years Cash Costs Life of Mine Cash Costs
Area US$/oz Area US$/oz
Open-pit mining1 133 Open-pit mining1 228
Processing 208 Processing 257
G&A, Royalties, land & 68 G&A, Royalties, land & 100
other2 other2
Total $409 Total $585
▸ First 5 full years of production at cash cost of US$409/oz, accelerating
payback
▸ Processing costs include power generation and natural gas delivery
▸ Industry average 2012E cash cost is US$673/oz3
Source: Updated Feasibility Study
1) Net of deferred costs
2) Based on US$1,200/oz gold price and an exchange rate of $1.10 CAD/USD
Source: Metals Economics Group, Company Reports, RBC Research Estimates
3) Based on 168 primary gold mines with aggregate 2011 production of ~29Moz Au
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20. DONLIN GOLD IS EXPECTED TO GENERATE SUBSTANTIAL CASH FLOWS
Significant Leverage to Gold & Fast Payback at a Broad Range of Gold Prices
All Amounts in US Dollars
$30,000
$26,803
$25,000
Cumulative Net Cash Flow (US$ millions) '
Net Cash Flow (millions)
$20,000
Rich Ore Body With a 27-Year Mine Life
and Extensive Exploration Upside $19,075
~4.5x
$15,000
$14,444 leverage
$11,459
$10,000
$6,025
$5,000
$0
($5,000)
($10,000)
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
$1,200/oz Au $1,500/oz Au $1,700/oz Au $2,000/oz Au $2,500/oz Au
Source: Updated Feasibility Study
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21. DONLIN GOLD HAS EXCEPTIONAL LEVERAGE TO GOLD
NPV Increases ~20x with ~2x Increase in Gold Price
All amounts in US dollars
30,000
$27.0B
25,000
NPV (US$ millions)
20,000 $19.2B
$14.6B
15,000
10,000
$6.2B
5,000
0
$1,200 $1,700 $2,000 $2,500
Gold Price
NPV at 5% NPV at 0%
Source: Updated Feasibility Study. All dollar figures are in USD and reflect after-tax net present value (at a 0% and 5% discount rates) of the Donlin Gold project as of 1/1/2014. At a 5% discount rate,
the net present value is: $547 m @ $1,200 gold; $4,581 m @ $1,700 gold; $6,722 m @ $2,000 gold; and $10,243 m @ $2,500 gold. Project development costs prior to 1/1/2014 are treated as sunk
costs. See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
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22. THE RIGHT LOCATION – ALASKA
Right Project, Location & Stakeholders Should Lead to Orderly Permitting
▸ Alaska is the second largest U.S.
gold-producing State
▸ Five major gold producing mines
and counting
▸ Natural resource projects integral
to the State’s economy
▸ Strong commitment to
responsible mining
▸ Donlin Gold has no proximity to
major population areas; located
on private land designated for
mining
▸ Strong and time-tested
community support
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23. THE RIGHT STAKEHOLDERS
Jurisdictional Safety is More Than Geographic Location
Great Partners “Calista supports responsible resource
development…The Donlin Gold project
▸Calista Corporation
presents us with an opportunity for
▸The Kuskokwim Corporation tremendous economic potential right in
▸50/50 joint-ownership with Barrick Gold our Region.”
– June MacAtee, Calista Corporation VP
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24. CONVENTIONAL MINING AND MILLING PROCESS
Well Tested and Available Technology
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25. DONLIN GOLD: STANDARD TECHNOLOGY
Well Established Mining and Mineral Processing Methodology
Donlin Gold Pueblo Viejo
Capital Expenditures US$6.7B1 ~US$4.0B2
Location Alaska, US Sanchez Ramirez, Dominican Republic
Mining Method Open Pit Open Pit
Project Status Permitting Start up
Total M&I Resources 39.0 Moz 36.3 Moz
(inclusive of reserves)
Nameplate 53,500 24,000
Design Throughput (tpd)
M&I Grade (g/t) 2.24 2.41
Expected Average Annual Production 1,500,000 3 1,042,000 – 1,125,000 3
(oz)
Processing Method Flotation/Autoclaving/Leaching Autoclave/Leaching/Ag/Cu
Number of Autoclaves 2 medium 4 large
Key Infrastructure Natural gas pipeline/Power plant Power plant/Oxygen plant
Oxygen plant Lime Kilm
Mine Life 27 years 25 years
Source: Updated Feasibility Study, company documents, public filings and websites. Measured and indicated resources are inclusive of Proven and Probable reserves. See “Cautionary Note Concerning Reserve & Resource Estimates”
and “Reserve & Resource Base” with footnotes in the appendix.
1) Capital expenditure shown on a 100% project basis
2) Capital expenditure of US$3.7B disclosed in Barrick Gold’s press release dated 01/15/13, plus a net incremental cost of approximately $300M for the power plant
3) Production expected for first full five years of operation
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26. DONLIN GOLD
Well Positioned to Reduce Capex by Sharing Upfront Costs with Third Parties
Areas US$M Capital Reduction Opportunities
Mining 345 Leasing equipment ~$170M
Site preparation/roads 236
Process facilities 1,326 Oxygen plant could be built by third party ~$130M
Tailings 120
Utilities 1,302 Gas pipeline could be built by third party ~$700M
Ancillary buildings 304
Off-site facilities 243
Total Direct Costs 3,876
Owners’ cost 414
Indirects 1,405
Contingency increases confidence to 85% and is a
Contingency 984
reflection of the conservative nature of the feasibility study
Total Indirect &
2,803
Contingency
Total Project Cost 6,679 >$1B potential capital reductions
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27. DONLIN GOLD
Robust Contingency Represents 25% of Hard Assets
Potential Capex Reduction from $6.7B1 to $5.7B (amounts in US dollars)
~$1B in Contingency is a Reflection of the Conservative Nature of the Updated Feasibility Study
Surface/Mill3
$1.2B
Capital
Expenditures
$4.7B
Utilities2 $2.6B Owner's Cost
$414M
Contingency
$984M
Indirect $1.4B Capital
Expenditures
Reduction
Opportunities Include: Opportunities
- Third-party built gas pipeline
~$1.0B
Contingency - Third-party built oxygen plant
$984M - Leasing mining equipment
1) Represents 100% of capital expenditures to be shared equally with co-owners Barrick Gold Corporation
2) Utilities include process facilities (ie: oxygen plant) and utilities (ie: gas pipeline)
3) Surface/Mill: Mining, site preparation, roads, tailings, ancillary buildings and off-site facilities
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28. DONLIN GOLD PERMITTING PROCESS
Regulatory Process Currently Focused on Environmental Impact Statement (“EIS”)
What is an EIS?
A disclosure document that is part
of the regulatory process and led
by the U.S. Army Corps of
Engineers that provides the What is the Permitting Process?
agencies and the public with Concurrent with and supported by the EIS process, the Federal and State regulatory
information needed to make agencies will consider all of the required permits and authorizations for the project.
permitting decisions on the project
Record of
Preliminary Decision
Notice of Public Public Final
Draft EIS Draft EIS subject to
Intent Scoping Comment EIS/Permit
30-Day
Period Issuance
Appeal
Period
2012 2016
Permitting Process ~3-4
Impacts Discussed in the EIS years
• Hydrology • Fish & Aquatic Habitat
• Air & Water Quality • Wildlife • Cultural Resources
• Noise • Socioeconomics • Visual Resources
• Wetlands • Threatened & Endangered Species • Recreation, Safety & Feasibility
• Cumulative Impacts • Land Use and Subsistence
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29. GALORE CREEK
Projected to be Largest Copper Mine in a Mining-Friendly Jurisdiction, Canada
Location BC, Canada
Mining Method Open Pit
Owners 50/50 (NG/TCK)
P&P Copper 6.8 Blb 0.6%
Reserves 1, 2
Gold 5.45 Moz 0.32 g/t
Silver 102 Moz 6.0 g/t
M&I Resources1, 3 Copper 8.9 Blb 0.5%
Gold 8.0 Moz 0.3 g/t
Silver 136 Moz 5.2 g/t
▸ NOVAGOLD continues to evaluate the potential sale of its share of Galore Creek
▸ Once in production, as envisioned by the Pre-Feasibility Study, Galore Creek is expected to be
the largest and lowest cash cost copper mine in Canada
▸ NPV of $837M (pre-tax) using base case metal price assumptions 4 and $4.1B (pre-tax) in
current commodity price environment5
1) See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
2) P&P: Proven and Probable reserves
3) M&I: Measured and Indicated resources inclusive of Proven and Probable reserves
4) Galore Creek 2011 PFS estimated net present value (NPV7%) base case at US$2.65/lb copper, US$1,100/oz gold and US$18.50/oz silver with a foreign exchange rate of US$0.91 = Cdn$1.00
5) Current commodity price environment assuming US$3.50/lb copper, US$1,600/oz gold and US$30/oz silver and keeping the exchange rate the same as in the Galore Creek 2011 PFS
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30. GALORE CREEK
2012 Drilling Program Extended Mineralization Substantially Beyond Pit Limit
▸ Completed 27,873 meter drilling program expected to result in increased
resources and provide further support for future mine design
▸ Significant intercepts, including 86 meters grading 1.31%Cu and 0.46g/t Au,
lead to the discovery of the new Legacy zone, a 700 -meter long mineralized
zone, currently open in all directions and adjacent to the Central Pit1
1) Source: NOVAGOLD press release, NOVAGOLD Reports Discovery of 700 Meter Legacy Zone at Galore Creek Mineralization is Extended Substantially beyond the Pit Limits, dated 25/2/13.
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31. GALORE CREEK
Well Positioned to Update Resource Model and Improve Overall Economics
▸ 2013 work and exploration budget $8 million (50%)
▸ Update resource model with 2012 drill results
▸ Drilling to define the extent of the Legacy mineralization, and assess its
impact to future mine design.
▸ NOVAGOLD continues to enhance the value of Galore Creek through
exploration and technical studies on a reduced budget
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32. NOVAGOLD’S FUTURE FINANCIAL OBLIGATIONS HAVE DECREASED
SUBSTANTIALLY
Clear Focus Begins with Strong Funding to Execute on All Fronts
Highlights: 140.0
Lower Spending
$5
▸ $253M in cash and cash equivalents1
120.0
▸ $54M additional proceeds received $21
from warrant exercise Q1-2013 100.0 68 %
US$ (Millions)
▸ $95M cash available for convertible Reduction
notes2 80.0 $44
2013:
60.0
▸ Donlin Gold US$30M (100% ) $16
$3
lower costs with commencement of 40.0
permitting $18 $8
$15
▸ Galore Creek C$16M (100%) 20.0
$24
expenditures significantly lower $15
-
▸ G&A $15M reduced due to 1
2012 Spending 2
2013 Budget3
reorganization
4
1) Cash and cash equivalents as of November 30, 2012 Donlin Gold G&A and Miscellaneous Interest
2) The Notes mature on May 1, 2015. The holders of the Notes have the right to require the
Company to repurchase all or part of their Notes on May 1, 2013 (“put option”) NovaCopper Galore Creek Rock Creek
3) 2013 anticipated budget expenditure disclosed on February 12, 2013
4) Assuming full repayment of US$95M in convertible notes
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33. THE NOVAGOLD TEAM
Senior Industry Leaders to Bring Donlin Gold through Permitting and Beyond
MANAGEMENT
▸ Former President of Barrick Gold North America
Gregory A. Lang
▸ 35 years experience building & operating major mines
President & CEO ▸ Intimate knowledge of Donlin Gold
▸ Former EVP and General Counsel of Goldcorp
David Deisley ▸ Regional General Counsel for Barrick Gold North America
Executive Vice President and ▸ Extensive track record in project permitting, corporate social responsibility,
General Counsel mergers and acquisitions and corporate development
▸ 25 years of mining industry experience
David Ottewell ▸ Former VP and Corporate Controller of Newmont Mining Corporation
▸ 25 years of mining industry experience
Vice President and Chief ▸ Diverse experience in all facets of financial management, from mine operations
Financial Officer to executive corporate financial management of premier gold producers
Mélanie Hennessey ▸ Held variety of senior IR & corporate communication positions with Goldcorp
Vice President, Corporate Inc., New Gold Inc., and Hecla Mining Company
Communications ▸ Leading NOVAGOLD’s internal and external communications functions
Ron Rimelman ▸ 25 years of environmental experience , managing environmental impact
assessments and permitting activities world-wide
Vice President, Environment, ▸ Leadership role on mine permitting and NEPA evaluations for mine projects in
Health, Safety & Sustainability Alaska since 1993
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34. WHY IS NOVAGOLD A BUY TODAY?
NG is a Very Well Managed, Strongly Sponsored Way to Gain Extraordinary Leverage to a
Rising Gold Price in a Safe Country Where you Can Keep the Fruits of that Leverage
KEY FORESEEABLE CATALYSTS
THE MICRO VIEW THE MACRO VIEW
Pending De-Risking of Donlin Gold Right Place at The Right Time
Orderly Permitting Process Jurisdictional Safety
• Uniform Transparent Step-by-Step Process • Alaska is 2nd Largest Gold Producer in the US
• Strong Support from Native Corporations • Support for Environmentally & Socially
Responsible Mining
Opportunity for Financial Optimization Strong Leverage to Gold
• Third-party Participation should Reduce Capex • Major Increase in NAV with Higher Au Price
• $1 Billion Contingency is Robust • Long-life Asset in a Stable Jurisdiction should
Yield Sustainable Investor Returns in a Secular
Bull Market
Stable Share Dynamics Long-Term Option on Gold
• Strong Shareholder Support • Projected to be the World’s Largest Gold Mine
• No Need to Raise Capital for Years • Significant Exploration Potential should Add
Decades to the Mine-Life
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35. APPENDIX
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36. SHARE CAPITALIZATION
Issued and Options Fully
outstanding diluted1
316.6M 16.8M 333.4M
As of January 30, 2013.
1) Fully diluted number excludes convertible notes. The Convertible notes (“Notes”) - The holders of the Notes have the right to require the Company to
repurchase all or part of their Notes on May 1, 2013 and upon certain fundamental corporate changes at a price equal to 100% of the principal amount of such
Notes plus any accrued and unpaid interest.
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37. RISING GOLD DEMAND ACROSS ALL SECTORS
A Once Concentrated Global Demand is Now Diversified
Source: Bloomberg, CPM Group, LBMA, World Gold Council
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38. GOLD SIGNIFICANTLY UNDERINVESTED
Investor Gold Holdings Among World Financial Assets Are Negligible
US$ Trillion
$250
200
150
100
50
0
'80 '90 '95 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11e
Bank Deposits Government Debt Securities Private Debt Securities Equity Securities Investor Gold Holdings
World Financial Assets Including Gold, May 2012
Source: McKinsey & Co., IMF, CPM Group
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39. DOW JONES INDUSTRIAL AVERAGE TO GOLD PRICE RATIO SINCE 1900
A New Super Cycle in Gold is Imminent
45.0
40.0 2000; 38.42
35.0
30.0
1965; 25.93
25.0
Arithmetic Scale
Dow/Gold Ratio
20.0
1929; 15.15
15.0
10.0
5.0 2012; 7.69
1934; 2.83 1980; 1.45
-
Year
Source: Dow Jones Industrial Average (DJIA): Federal Reserve Bank of St. Louis, http://research.stlouisfed.org/fred2/series/DJIA/downloaddata?cid=32255
Historical Gold Prices: The National Mining Association (NMA), http://www.nma.org/pdf/gold/his_gold_prices.pdf
Gold prices are based on annual prices on first trading day of each year
2012 as of 09/21/2012 (last data point)
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40. UNCONVENTIONAL MONETARY POLICY DRIVE INVESTMENT INTO GOLD
Four Key Factors Why One Should Invest in Gold
▸ Inflation risk:
Increase in money printing could be a catalyst for higher inflation in the future, a likely
positive for gold investment
▸ Weakened currency:
Gold is typically transacted using its US-dollar price as a reference, gold provides a
hedge against domestic currency debasement
▸ Crisis and sharp market pull backs:
During these times, gold has proven to be an effective diversifier acting as a hedge
against falls in equity and credit markets
▸ Low interest rate environment:
Households must save greater sums of money to pay obligations, causing a shift into
investments in real assets that will provide long-term security
Source: World Gold Council
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41. PROJECT OVERVIEW
Advancing Donlin Gold Up the Value Chain
▸Donlin Gold LLC is the operating company
▸50/50 ownership by NOVAGOLD and Barrick Gold
▸Board of Directors has two representatives from each company
▸Chairman rotates every year
▸Each company has the right to appoint the Donlin Gold General Manager every two
years
▸Operates under agreements with Alaska Native Claims Settlement Act (ANCSA)
landowners
▸Calista Corporation (Subsurface minerals and surface lease)
▸The Kuskokwim Corporation (Surface use agreement)
▸Project office in Anchorage
▸40 full-time employees and 32 contractors
▸Strong track record for local hiring
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42. PROJECT HIGHLIGHTS
Donlin Gold Slated to be a State-of-the-Art Significant Mine
Reserves: 33.9 Moz Au (~500M tons ore)1
Resources: 5.1 M&I Moz (excluding P&P) and 6.0 Inferred Moz1
Mine Life: ~27 years
Production: Year 1-5 – 1.5 Moz/year, LOM – 1.1 Moz/year
Operation: Open-pit, conventional truck & shovel
Milling: 59k short tons/day, sulfide flotation, pressure oxidation (POX),
Carbon-in-Leach recovery (CIL)
Strip ratio: ~5.5:1 = ~3B tons waste rock
Tailings: Fully lined storage facility
Power: ~150MW, supplied by 313-mile, natural-gas pipeline
Logistics: All consumables supplied by Kuskokwim River transportation
system with port near Jungjuk Creek
1) See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve and Resource Base” table with footnotes.
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43. ENSURING A SMOOTH PERMITTING PROCESS
A Team with Strength, Knowledge, Experience and Understanding
Strength
• Alaska has a rigorous and clearly defined permitting process
• Good reputation and local support
Knowledge • Early project briefings and open communication with regulatory agencies
• Consistent communication with and input from local communities throughout the region
• Strive for “responsible development,” bringing benefits and positive impacts to the
region
Experience • One of the most robust environmental baseline databases
• Strong support and NEPA experience from Barrick Gold and NOVAGOLD
• Team in place that has “been there, done that” in Alaska and throughout the U.S.
Understanding • Based in Alaska, with comprehensive understanding of State’s issues and concerns
• Integration of permitting requirements in formulating project design concepts
• Deep roots in the State and community with more than 16 years on the ground at Donlin
Gold
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44. SITE LAYOUT
The Property Lends Itself Well to Compact Project Layout
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45. DONLIN GOLD TIMELINE
Small Percentage Of Time Invested Considering Mine Life Measured In Decades
Exploration, Key Permitting Construction Production
Responsibilities
Environmental Highlights:
State: Air, Water, ▸ ~1.5 million
Studies, ▸ Two open pits
Dam Safety, ounces/year
Engineering, ▸ Pressure oxidation plant for first 5 years,
Waste Management,
Feasibility Reclamation Plan ▸ Milling circuit followed by
Studies Approval, Rights of Way, ▸ 27-mile road ▸ ~1 million
Cultural Resources ▸ 5,000-foot runway ounces/year
Federal: Wetlands, ▸ Two port facilities
Rights of Way, ▸ 600-bed permanent camp 27 year
Wildlife Consultations, ▸ 2,500-bed construction camp mine life
Environmental Impact
▸ ~40-million gallon diesel storage
Statement
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46. DONLIN GOLD PERMITTING PROCESS
Clear Steps Outlined and Good Working Relationship at State & Federal Levels
Permitting Process is Approximately 3-4 years
State Federal
AK Department of AK Department of US Army Corps Bureau of Land
Agencies Environmental Natural Resources of Engineers Management
AK Department of Fish & Game US Fish and US Environmental
Wildlife Service Protection Agency
Reclamation Air Quality
National Marine Fisheries Service
Permits/Approvals Waste
Pipeline
Management Right of Way Wetlands
Fish Habitat Water Discharge Essential Fish Habitat
Marine Mammal Protection
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47. DONLIN GOLD KEY PERFORMANCE INDICATORS
Robust Economics Highly Leveraged to Gold Prices
All amounts in US dollars
Gold Price
Unit $1,000/oz $1,200/oz $1,700/oz $2,000/oz $2,500/oz
Base Case
Average annual $M 670 950 1,500 1,785 2,185
after-tax cash flow
(first full five years)
Average annual $M 350 500 815 990 1,275
after-tax cash flow (LOM)
NPV (5%) after-tax1 $M (1,340) 550 4,580 6,720 10,240
NPV (0%) after-tax1 $M 2,100 6,200 14,620 19,250 26,975
IRR after-tax1 % 2.3 6.0 12.3 15.1 19.1
Payback period Years 19.1 9.2 5.3 4.4 3.5
Source: Updated Feasibility Study. All dollar figures are in USD and reflect after-tax net present value (at a 0% and 5% discount rates) of the Donlin Gold Project as of 1/1/2014. At a 5%
discount rate, the net present value is: $547 m @ $1,200 gold; $4,581 m @ $1,700 gold; $6,722 m @ $2,000 gold; and $10,243 m @ $2,500 gold. Project development costs prior to that date
are treated as sunk costs. See “Cautionary Note Concerning Reserve & Resource Estimates” and “Reserve & Resource Base” with footnotes in the appendix.
1) NPVs and IRRs as at January 1, 2014. Project development costs prior to that date are treated as sunk costs.
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48. NOVAGOLD BOARD OF DIRECTORS
Dr. Thomas S. Kaplan Chairman and CEO of The Electrum Group LLC, a privately held natural resources
Chairman investor that controls a diversified portfolio of precious and base metals assets
Former Chief Legal Officer and Corporate Secretary with Franco-Nevada, transforming an
Sharon Dowdall
industry pioneer into one of the most successful precious metals enterprises in the world
Publishes a monthly investment newsletter entitled The Gloom, Boom & Doom
Dr. Marc Faber
Report and is the author of several book
COO and Director of Sunward Resources, former Senior Vice President and Chief
Gil Leathley
Operating Officer of the Company
President of The Electrum Group LLC, former VP of Homestake Mining and International
Igor Levental
Corona Corp.
Kalidas Madhavpeddi Former Executive with Phelps Dodge
Gerald McConnell Former Chairman and CEO of NovaGold, CEO of Namibia Rare Earths Inc.
Clynton Nauman CEO of Alexco Resources, formerly with Viceroy Gold and Kennecott Minerals
Rick Van Nieuwenhuyse CEO of NovaCopper, founder and former CEO of NovaGold
Former President and Chief Executive Officer of Miramar Mining Corporation, which in
Anthony P. Walsh
2007 was sold to Newmont Mining Company.
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49. DONLIN GOLD MANAGEMENT TEAM
30+ years mining industry experience in exploration, mine geology, operations management, project management
Stanley Foo and permitting; 12 years mine operations experience in NV including superintendent roles at Cortez and Bald;
President/General
15 years in Alaska in project management and permitting; Previous Project Manager roles with Donlin 1997-99,
Manager
2005-2007, served on DGLLC board 2008-2010.
James Fueg Led Donlin Gold’s recent feasibility studies and coordinates all engineering and technical work for project;
Study Manager 20+ years experience in mining, exploration and environmental science; 16 years in Alaska; on Donlin since 2004.
30 years experience in mining industry; 16 years in Alaska, with Donlin and TeckCominco (Pogo and Red Dog);
Bill Bieber Recipient of Barrick’s long-term CSR achievement award for his work at Donlin in workforce development and
Operations Manager
community relations.
Robert Nick Enos Leads permitting and environmental management for project; primary contact for reg. agencies; 20 years
Environmental and experience in Alaska in geology, environmental science and permitting management; Previous experience
Permitting Manager includes Greens Creek, Calista Corp., as environmental/permitting consultant; Joined Donlin in 2005.
Leads Donlin Gold’s community affairs, communications, government relations and corporate social responsibility
Kurt Parkan functions; Nearly 30 years public affairs experience in Alaska; Previous roles: External Affairs Director of Nature
External Affairs Conservancy of Alaska, Deputy Commissioner for Alaska Department of Transportation and Public Facilities,
Manager Special Assistant to the Governor, Legislative Aide and as staff for Alaska House of Representatives Finance
Committee.
22 years human resources experience in the mining industry including 17 years in Alaska; Served in various
Meg Day senior management positions in Alaska, Utah and Washington and has been involved in the start up of several
Human Resources mines. Serves on Alaska Miners Association HR Committee, Society of HR Management and Advisory Board
Manager member of University of Alaska.
Jan Halstead 25+ years accounting and financial analysis experience in construction, investment, telecommunications;
Administrative and Responsible for growth and development of Accounting, Administration, Purchasing and Contract functions for
Finance Manager Donlin Gold LLC.
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