NovaGold Files Preliminary Economic Assessment for Ambler Project

- May 26th, 2011

NovaGold Resources Inc. (TSE:NG,AMEX:NG) files the Preliminary Economic Assessment for the company’s Ambler project in northwest Alaska.

NovaGold Resources Inc. (TSX:NG,AMEX:NG) files the Preliminary Economic Assessment for the company’s Ambler project in northwest Alaska.

The press release is quoted as saying:

The Ambler property comprises 36,670 hectares (90,624 acres) of State of Alaska mining claims and Federal patented and unpatented mining claims and hosts a number of deposits, including the high-grade copper-zinc-lead-gold-silver Arctic deposit, which is the focus of the PEA. Mineralization at the project and within the Ambler District generally consists of polymetallic (copper-zinc-lead-gold-silver) volcanogenic massive sulfide (“VMS”) occurrences.

Click here to access the entire press release

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