partners, continues to support the State of Alaska to advance other per- mits and certificates needed for the project. 2021 Outlook NOVAGOLD continues to anticipate spending approximately $31 to $35 million in 2021, which includes $18 to $22 million to fund our share of ex- penditures at the Donlin Gold proj- ect ($11 million for the 2021 drilling program, camp improvements and studies; $7 million for permitting, community engagement and admin- istration; and an additional $4 mil - lion for other studies contingent upon mid-year approval by both owners) and $13 million for corporate general and administrative costs. NOVAGOLD’s primary goals in 2021 are to continue to advance the Don- lin Gold project toward a construction decision; maintain/increase support for Donlin Gold among the project’s stakeholders; promote a strong safe - ty, sustainability, and environmental culture; maintain a favorable repu - tation of NOVAGOLD, its governance practices, and its project among shareholders; and manage the Compa -
Photo Courtesy Donlin Gold Donlin Gold provided multiple vital supplies and financial support to the Tuluksak Native Community.
ny treasury effectively and efficiently, including streamlining the corporate structure. Our operations primarily relate to the delivery of project mile- stones, including the achievement of various technical, environmental,
sustainable development, economic and legal objectives, obtaining neces- sary permits, completion of feasibil- ity studies, preparation of engineer- ing designs and the financing to fund these objectives.
Supporting our Communities Red Dog Operations continues to operate responsibly and safely to support our employees and regional communities during the pandemic.
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April 2021
The Alaska Miner
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