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Novagold Up 3% In US Premarket As Reports High-Grade Drill Results and Says Received "Positive" Decision From Alaska Supreme Court
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Novagold Up 3% In US Premarket As Reports High-Grade Drill Results and Says Received "Positive" Decision From Alaska Supreme Court
Nov 25, 2025 6:26 AM

09:10 AM EST, 11/25/2025 (MT Newswires) -- NOVAGOLD RESOURCES ( NG ) was at last look up 3% in US premarket trade, having risen near 6% there yesterday, as it announced Tuesday the final assay results from the 2025 Donlin Gold drill program, marking a significant milestone in the advancement of what is anticipated to be America's largest gold mine.

Additionally, NOVAGOLD said it achieved two significant permitting milestones with the acceptance of Donlin Gold into the Federal Permitting Improvement Steering Council's FAST-41 program, "an important step to ensure a transparent, accountable, and predictable process for conducting the supplemental environmental analysis requested by the U.S. District Court for the District of Alaska, and also a "favorable ruling" from the Alaska Supreme Court affirming both the project's water rights and the Department of Natural Resources' approval of the State ROW lease for the proposed 316-mile natural gas pipeline.

Among highlights, NOVAGOLD said the 2025 Donlin Gold drill program delivered high-grade intercepts, across multiple zones, including standout intervals up to 26.22 g/t gold, "further supporting its position as one of the largest and highest-quality gold projects globally".

NOVAGOLD said the Alaska Supreme Court affirmed Donlin Gold's water rights for the mine and State Right-Of-Way lease for its proposed natural gas pipeline, "validating the State of Alaska's rigorous review and enabling the project to move forward responsibly".

The FAST-41 "enhances transparency, accountability, and predictability" in Donlin Gold's supplemental federal permitting process, NOVAGOLD added.

NOVAGOLD was up more than 6% in Canada yesterday.

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