NovaGold Third Quarter Financial Results and Projects Update

NovaGold Resources Inc. (TSX:NG, AMEX:NG) reports the results of its third quarter ended August 31, 2010.

For the three-month period ended August 31, 2010, the Company reported a net loss of $147.6 million (or $0.66 basic and diluted loss per share) compared to a net loss of $18.1 million (or $0.10 basic and diluted loss per share) for the corresponding period in 2009.

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