Barrick Acquires Placer Dome

NovaGold Resources, Inc. (AMEX, TSX: NG) is an emerging natural resource company graduating from development stage status to become a high quality, low cost producer starting by early 2007. NG has one of the largest resource bases of any exploration or development stage precious metals company. NG is advancing three of North America's largest undeveloped gold and copper deposits: the Galore Creek gold-silver-copper project, the Donlin Creek gold project in partnership with Placer
Dome, the Ambler project in partnership with Rio Tinto, as well as its Rock Creek project in Nome, Alaska. See full report.