and whose early leaders specifically selected these lands for their known gold-bearing potential. NOVAGOLD is a well-financed pre - cious metals company focused on the development of the Donlin Gold proj- ect in Alaska, one of the safest mining jurisdictions in the world.
line Development Corporation (AGDC) owns 25%. Located 10 miles north of the vil - lage of Crooked Creek, Donlin Gold is one of the largest known undeveloped open-pit gold deposits today. Alaska stakeholders include the Calista Cor- poration and The Kuskokwim Corpo- ration, who own the mineral and sur- face estate at the Donlin Gold property
dational customer like Donlin Gold, one of the largest known undeveloped gold deposits in the world, to Alaska LNG provides significant volume dis - count benefits that will result in lower energy costs for Alaska consumers. As we continue to bring on more pipeline customers, the cost of gas for Alas- kans will continue to go down.” “A reliable, secure supply of eco - nomic natural gas from Alaska LNG has the potential to substantially enhance our ability to unlock value and upside potential in Donlin Gold. Glenfarne’s global energy experience is well-suited to provide a long-term turnkey energy solution that helps advance this opportunity,” said John Paulson, President of Paulson. “As Donlin moves into what we hope to be the largest single gold mine in the United States, natural gas from Alaska LNG could offer significant ben - efits not only for the mine, but for the entire Southwestern Alaska region,” said Greg Lang, NOVAGOLD President and CEO. “We look forward to working with Glenfarne to unlock the value of both of these world-class Alaskan re- sources: Donlin Gold and Alaska LNG.” Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of a 765-mile, 42-inch pipeline to transport natural gas from Alaska’s North Slope to meet Alaska’s domestic energy needs. Phase Two will add the LNG terminal and relat- ed infrastructure to export 20 million tonnes per annum of LNG. Glenfarne is the owner and opera- tor of 60 energy assets globally, with 11 offices in eight countries across four continents, including gas, solar, battery, hydro and wind projects, and a North American LNG portfolio under development for 32.8 million tonnes per annum (MTPA) of LNG. Glenfarne became lead developer of Alaska LNG in March 2025. Since then, Glenfarne has secured prelim- inary commercial commitments with leading LNG buyers in Japan, Korea, Taiwan and Thailand for 11 MTPA of LNG, and strategic partnerships that also include Baker Hughes and POSCO International. Glenfarne owns 75% of Alaska LNG and the Alaska Gas-
— Tim Bradner
Glenfarne, Donlin Gold sign pact on gas supply Photo Courtesy Donlin Gold Donlin Gold is one of the world’s largest undeveloped known gold deposits with about 39 million ounces of resources, which is sufficient to support 1.1 million ounces of gold production for 22 years of mine life now estimated.
that the companies have signed a non-binding letter of intent (LOI) for natural gas supply from the Alaska LNG Pipeline and the development of the infrastructure needed to deliver the gas and power the mine. Under the LOI, the companies will work to formalize a potential natural gas sales agreement for up to 50 million cubic feet of natural gas per day and also to cooperate on the most effective method for development and construc- tion of an approximately 315-mile-
long natural gas pipeline from south- central Alaska to the Donlin Gold mine in southwest Alaska and a power plant to supply electricity to the mine. “Alaska LNG offers abundant low- cost natural gas that will enhance the economics and facilitate development of energy-intensive mining projects in Alaska,” said Adam Prestidge, Glen- farne Alaska LNG President. “We have great confidence in the future success of Donlin following the significant in - vestment by Paulson. Adding a foun -
Agreement calls for gas pipeline to the gold mine Glenfarne Alaska LNG, majori- ty owner and developer of the Alas - ka LNG Project, and Donlin Gold, the developer of the Donlin Gold mine owned by NOVAGOLD RESOURCES INC. and Paulson Advisers, announced
MOVING ALASKA FORWARD. ROOTED IN RESPECT.
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THE LINK: The Official Magazine of the Alaska Support Industry Alliance | WINTER 2026
www.AlaskaAlliance.com
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