Alaska Miner Magazine, Summer 2022

NovaGold reports success in its 2022 drill program

NovaGold Resources Inc. has re - leased its 2022 second quarter finan - cial results and an update on Donlin Gold, which NovaGold owns equally with Barrick Gold Corporation. In the second quarter 2022, the following milestones were achieved at Donlin Gold: n The drill program is progressing ahead of schedule with 24,000 me - ters completed to date of the planned 34,000-meter drill program. n The site crew (150 employees, contractors, and student interns), a majority of which are local hires from 24 Yukon-Kuskokwim (Y-K) com - munities in Alaska, are working on a two-week rotation schedule and con - tinue to advance project activities at a good pace. n In May, the Alaska Depart -

ment of Environmental Conservation (ADEC)’s Division of Water upheld the 401 Certification of the Clean Water Act (CWA) which had been remanded to the ADEC on December 29, 2021, for consideration of additional informa - tion provided by Donlin Gold. n Donlin Gold participated in and sponsored statewide events and, to - gether with its Native Corporation partners, Calista Corporation and The Kuskokwim Corporation (TKC), carried out a wide range of critical support and engagement activities throughout the Y-K region. These in - cluded: n Finalizing a Shared Value State - ment with Stony River, a village from the Y-K region for a total of nine Shared Value Statements to date (Akiak, Sleet - mute, Kalskag, Napaimute, Crooked

Creek, Napaskiak, Nikolai, Tuluksak, and Stony River). These agreements include educational, environmental, and social initiatives to help support villages. n Serving as a principal partner in the 50th Iditarod Race in March with mushers and their teams from around the world participating in the 1,000-mile-long sled-dog race in Alaska, also called “The Last Great Race.” n Holding the Lower Kuskokwim School District’s annual College and Career fair with 30 vendors and 89 students attending the virtual event. n Working with TKC to charter flights with drinking water to Red Devil, one of the local communities on the Kuskokwim River, following a flood due to ice break-up in May that

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The Alaska Miner

Summer 2022

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