1 Proven and Probable reserves of 0.57 million ounces and 33.28 million ounces respectively (504.8 million tonnes at an average grade of approximately 2.09 grams per tonne) which are included in M easured and Indicated resources of 0.63 million ounces and 38.38 million ounces

NEWS RELEASE NYSE-MKT, TSX: NG

10 — — NOVAGOLD RESOURCES INC. (TSX, NYSE -

ng at

- - 4 million ounces 1 of gold in the and cat 05 million tonnes at an average grade of approximately 2. 1 grams per tonne), Donlin Gold is regarded to low) , once in production, Donlin Gold should average approximately 1.5 million ounces of gold

e approximately

• gold -
  • one

of forging collaborative partnerships, both with local communities and with major mining companies.Scientific and Technical InformationScientific and technical information contained herein with respect to Donlin Gold is derived from the “Donlin Creek Gold -

• 101.

1 Proven and Probable reserves of 0.57 million ounces and 33.28 million ounces respectively (504.8 million tonnes at an average grade of approximately 2.09 grams per tonne) which are included in Measured and Indicated resources of 0.63 million ounces and 38.38 million ounces respectively (541 million tonnes at an average grade of approximately 2.2 grams per tonne). See the Feasibility Study for further information.

N OVAGOLD Contact:Mélanie Hennessey

• 669 - - 866 - 669 - 6227

-

• - -
• -

-

-

the d

-

- - - - opinions, pr

• - 101” ) and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition - -

Ca nadian rules, estimated "inferred mineral resources” may not form the basis of feasibility or pre -

• pl - -

 www.novagold.com