AMEX, NG - Novagold Resources Inc
The Company is a natural resource company engaged in the exploration and
development of gold properties in North America. Since 1998, the Company has
assembled a portfolio of mineral properties in Alaska, British Columbia and the
Yukon Territory. Four of these properties are advanced stage exploration
projects with defined gold resources and in March 2004 the Company signed an
agreement to acquire a 51% interest in a fifth advanced project, the Ambler
project in Northwestern Alaska. The remaining properties are earlier stage
exploration projects that have not yet advanced to the resource definition
stage. The Company is also engaged in the sale of construction aggregates and
land, and receives royalties from placer gold production, largely from its
holdings around Nome, Alaska. The Donlin Creek, Rock Creek and Nome Gold
properties in Alaska, and the Galore Creek property in British Columbia are the
Company's most advanced projects each undergoing plans for development. ...
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