NOVAGOLD Issues its 2020 Integrated Annual Report and Sustainability Summary with its Hallmark Questions and Answers Section

Highlights Significant Achievements in the Advancement of the Donlin Gold Project up the Value Chain and the Company’s Successful Implementation of the Very Best Practices in Environmental, Social, and Governance Policies 

• A comprehensive letter to shareholders from our Chairman, Dr. Thomas S. Kaplan, entitled “Modern Monetary Theology for a World in Flux”, explores the dynamics of the current bull market in precious metals and the positive impact of cryptocurrencies for the gold narrative, assesses important geo-political shifts and the state of the gold industry as it relates to scarce Tier-One assets¹ in Tier-One jurisdictions² like Donlin Gold, jointly owned by NOVAGOLD and its 50% partner Barrick Gold Corporation, and provides in-depth answers to a broad range of questions frequently asked by our shareholders and other investors in the sector.
• Our President and CEO Greg Lang delivers a detailed account of the highly successful 2020 drill program undertaken by Donlin Gold, highlighting the most important achievements including superb safety performance with zero COVID-19 cases or Lost-Time Incidents on site, outstanding assay results from the 85-hole 23,361-meter drill program, in addition to strong and coordinated assistance to the native communities in the region, particularly at a time of need during the pandemic.
• An inaugural Sustainability Summary report which highlights NOVAGOLD’s and Donlin Gold’s steadfast commitment to the high standards of environmental, social, and governance (ESG) practices. 

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) has published its 2020 Integrated Annual Report and Sustainability Summary (the “annual report”).

This year’s annual report features two comprehensive messages to shareholders and NOVAGOLD’s hallmark Questions and Answers section. Dr. Thomas S. Kaplan’s Chairman’s Letter, entitled “Modern Monetary Theology for a World in Flux”, summarizes for fellow shareholders his thoughts on the current state of the gold industry and the emergence of cryptocurrencies; elaborates on his history with the Company as well as its strategy; speaks about NOVAGOLD’s strong alliances with Barrick Gold Corporation and our Native Corporation partners in Alaska; highlights the unique attributes of the Donlin Gold project; and presents the importance of the Company’s singular focus on sustainability and ESG as we bring Donlin Gold up the value chain.