Marketwire reports on NovGold’s year end results and projects.

The news item is quoted as saying:

NovaGold Resources Inc. (Amex:NG, TSX:NG) today announced the results of its fiscal year ended November 30, 2010. What a difference a year can make! 2010 was a remarkable year for commodities, with gold increasing 25%, copper gaining 30% during the year and silver rallying an astounding 78%. Indeed, gold reached new all-time highs in 2010, trading through US$1,412 on December 29. The average closing price in 2010 was US$1,225 compared to US$972 in 2009, a 26% increase.

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