NovaGold Resources Update

- March 5th, 2010

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) reported that Donlin Creek LLC and Calista Corporation have approved certain amendments to the lease for subsurface and surface rights in connection with the Donlin Creek property.

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) reported that Donlin Creek LLC and Calista Corporation have approved certain amendments to the lease for subsurface and surface rights in connection with the Donlin Creek property.

The press release is quoted as saying:

NovaGold is a growth-focused precious metals company engaged in the exploration and development of mineral properties in North America. The Company has a portfolio of mineral properties located in Alaska, USA, and British Columbia, Canada. The Company’s largest projects are being advanced with major mining companies. The Donlin Creek project is held by a limited liability company owned equally by NovaGold and Barrick Gold U.S. Inc. The Galore Creek project is held by a partnership owned equally by NovaGold and Teck Resources Limited.

Click here to access the entire press release

Click here to access NovaGold Resources Corporate Site

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