NOVAGOLD Plans Aggressive 2022 Season
SAMPLE ARCHIVE SYSTEM, INC. A Better Way to Handle and Store Your Samples NOVAGOLD’s treasury remained strong with $155 million in cash and term deposits as of Feb. 28, with another $25 million due in July 2023 from Newmont, the total n Received the final set of assay results (21 complete holes and 22 partial holes, encompassing the remaining 8,500 meters of length drilled) from the 2021 drill program, reported jointly by Donlin Gold, Barrick, and NOVAGOLD on Feb. 28. The partners in the Donlin Gold project — NOVAGOLD and Barrick — have announced ambitious plans for 2022 building on a successful 2021 season. With the largest project budget in more than a decade, a plan is in place to advance Donlin Gold up the value chain in 2022 and position the project to be able to proceed with the preparation of an updated feasibility study, subject to Donlin Gold LLC Board approval. First quarter 2022 results include: n Reopened the camp in January 2022, the first quarter ended with three drill rigs operating and approximately 70 people on site, with a majority of Donlin Gold direct hire employees who are Alaska Native from the Yukon-Kuskokwim (Y-K) region. COVID-19 mitigation protocols remain in effect.
Our flexibility and dedication have enabled us to become a top provider for the heavy civil construction and resource development industries. MOVING THE EARTH “NOVAGOLD is committed to the health, safety, and well-being of its personnel, visitors, and members of the multiple communities in which the company operates. We are proud of the fact that we have created a corporate culture that encourages safe practices for our workforce. Our safety achievement awards and being more than sufficient to advance Donlin Gold up the value chain. NOVAGOLD President and CEO Gregory A. Lang recounted successes from 2021 in the company’s 2021 annual report. “As we enter 2022, it is important to reflect on many milestones that were reached in 2021, a year in which we advanced our Donlin Gold project up the value chain against the backdrop of the global COVID-19 pandemic. And while the pandemic continues to affect us all, NOVAGOLD remains laser-focused on its top priority of ensuring the safety and well-being of employees, contractors, and the diverse community of stakeholders in its 50 percent-owned Donlin Gold project in Alaska. Our unwavering commitment to responsible mine development in the Yukon-Kuskokwim (Y-K) region remains strong.” Safety remains job one, he added.
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John C. Odden 907.434.0605 oddenco@gmail.com Lonnie A. Kuhl 907.322.8728 lakuhl@yahoo.com www.SampleArchiveSystem.com
ak-gravel.com • (907) 746-4505
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May 2022 I The Alaska Miner I www.alaskaminers.org
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