financetom
Market
financetom
/
Market
/
Novagold Up 3% In US Premarket As Reports High-Grade Drill Results and Says Received "Positive" Decision From Alaska Supreme Court
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Birla Group co Novelis to invest $2.5 billion for greenfield expansion project in US
Birla Group co Novelis to invest $2.5 billion for greenfield expansion project in US
May 11, 2022
Novelis said it will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA.
Venus Pipes IPO fully subscribed within first few hours of opening
Venus Pipes IPO fully subscribed within first few hours of opening
May 11, 2022
The Gujarat-based company is a growing stainless-steel pipes and tubes manufacturer and exporter in India. The company, under the brand name Venus, supplies its products for applications in diverse sectors including chemicals, engineering, fertilizers, pharmaceuticals, power, food processing, paper and oil and gas.
Tweak in margin rules by Sebi to bring relief to traders and brokerage houses, say experts
Tweak in margin rules by Sebi to bring relief to traders and brokerage houses, say experts
May 11, 2022
Sebi has changed peak margin rules, which will provide significant relief to traders and brokerage firms that have previously faced high margin penalties, according to experts.
Stock Market Highlights: Nifty cracks below 16,200, Sensex drops 510 pts from day's high as IT, oil & gas shares drag market
Stock Market Highlights: Nifty cracks below 16,200, Sensex drops 510 pts from day's high as IT, oil & gas shares drag market
May 10, 2022
Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 finished a volatile session in the red on Wednesday, extending losses to the fourth day in a row. Nervousness persisted on Dalal Street amid mixed moves in global markets as investors awaited key inflation data from the US due later in the day. Losses in IT, auto and FMCG stocks pulled the headline indices lower, though gains in select financial stocks lent some support. Broader markets also weakened, with the Nifty Midcap 100 declining 0.4 percent and its smallcap counterpart falling 2.9 percent.
Copyright 2023-2026 - www.financetom.com All Rights Reserved