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Drill Results Show Donlin Creek Open to Expansion
NovaGold Resources Inc. (AMEX: NG) reported receiving an additional installment of drill results on Barrick Gold Corporation’s(NYSE: ABX) 2006 drill program at the Donlin Creek project in Alaska. Barrick released the first 45,000 meters of the 82,000 meter 2006 drill program. NovaGold anticipates receiving the balance of the results by the end of March. Despite the aggressive 2006 drill program we believe that the extent of the deposits at Donlin Creek and the eventual proportions of the eventual pit design are preliminary. We anticipate additional expansion of the pit outline, depth, and number of containedounces of gold. See full report.
