Alaska's Gold Frontier: Donlin Gold's Momentum Soars with Executive Site Visit

In a groundbreaking development that underscores growing momentum, top executives from NOVAGOLD and Paulson & Co. recently concluded a highly successful site visit to the Donlin Gold project in Alaska. This pivotal expedition brought together key leaders, including NOVAGOLD President & CEO Greg Lang, and John Paulson, the visionary founder and President of Paulson & Co.

Inc., alongside Rick Van Nieuwenhuyse, President & CEO of Donlin Gold LLC. Their presence on site served as a powerful testament to the unwavering commitment and surging confidence in Donlin Gold's future as one of the world's largest and most promising undeveloped gold assets.

The extensive tour allowed the leadership team to gain first-hand insights into the remarkable progress being made across the vast project site.

Discussions centered on the impressive scale of the deposit, its robust geological characteristics, and the compelling economics that underpin its potential. Emphasizing the project's strategic significance, Greg Lang highlighted the unparalleled combination of scale, grade, and exploration upside that distinguishes Donlin Gold from its peers.

He articulated the project's unique ability to generate substantial free cash flow over a projected mine life spanning decades, cementing its status as a cornerstone asset for any global gold portfolio.

A crucial aspect of the visit was the reaffirmation of Donlin Gold's deep-rooted commitment to environmental stewardship and strong community partnerships.

The executives engaged extensively with representatives from Calista Corporation, the surface rights owner, and various tribal councils from the Yukon-Kuskokwim (Y-K) region. These interactions underscored the collaborative spirit and mutual respect that are fundamental to the project's social license to operate.

Donlin Gold's dedication to developing a responsible and sustainable operation was a recurring theme, with a clear focus on delivering long-term benefits to the local communities through employment, training, and economic development opportunities.

John Paulson, whose firm is NOVAGOLD's largest shareholder and a significant proponent of the project, expressed profound satisfaction with the advancements witnessed.

He reiterated his belief in Donlin Gold's extraordinary potential to become a truly generational asset, acknowledging the diligence of the Donlin Gold and NOVAGOLD teams. Paulson emphasized the rigorous environmental impact statement (EIS) process and the comprehensive permitting efforts, which have resulted in a project that meets the highest environmental and social standards.

His confidence reflects the meticulous planning and execution that have positioned Donlin Gold for a successful future.

The visit further solidified the strong support from the local communities, who stand to benefit significantly from the project's development. The ongoing dialogue and partnership with Calista Corporation and regional stakeholders are critical components of Donlin Gold's strategy, ensuring that the project progresses in a manner that respects cultural heritage and delivers tangible advantages to the Y-K people.

With key permits already secured and ongoing progress on others, the path to development for Donlin Gold appears increasingly clear and promising.

As the executives departed Alaska, the sentiment was overwhelmingly optimistic. The site visit not only provided critical updates but also reinforced the collective vision for Donlin Gold: to responsibly develop a massive, long-life gold mine that will generate significant value for shareholders, employees, and the communities of the Y-K region for decades to come.

The momentum is building, and Donlin Gold is well-positioned to unlock its immense potential, marking a new chapter in Alaska's rich mining history.