Announcement Date: 2022-02-28
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: NovaGold Resources Inc.
Project name: Donlin
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 19.0m @ 18.23g/t Au from 144.53m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: February 28, 2022 – Anchorage, AK – Donlin Gold LLC (“Donlin Gold”), owned 50:50 by Barrick Gold Corporation (“Barrick”) (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (TSX, NYSE American: NG), is pleased to report the release of the final set of assay results from the 2021 drill program. The remaining assay results for the 22 partial drill holes reported in previous releases and complete assay results for the final 21 drill holes of the 2021 drill program are reported below. Barrick President and Chief Executive Mark Bristow said, “It is encouraging to see a significant drill program for 2022 to further increase our understanding of the ore body, driven by our knowledge gained from the 2021 drill program. This year’s drilling campaign will focus on the potential upside of the Acma pit at depth, where there is still limited drilling, focusing on the upside for the pit. We will also focus on grid drilling on Lewis and Divide as we also look to un constrain the pit with additional at depth targets. This significant program for 2022 will help guide us on future drill targets and the path forward with the project.”
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