# NOVAGOLD Releases 2025 Sustainability Report Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0 Original source: https://money.tmx.com/en/quote/NG/news/7010128213350787/novagold-releases-2025-sustainability-report Publisher: tmx Original announcement: 2026-05-13T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: NOVAGOLD RESOURCES INC. - Ticker: NG - Exchange: TSX - Region: Alaska - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-12 14:54:41 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary NOVAGOLD has released its 2025 Sustainability Report, detailing its ESG performance and commitment to the Donlin Gold project in Alaska. The report highlights alignment with international disclosure frameworks like TCFD and GRI. Reasoning: Routine corporate disclosure of an ESG report; contains historical resource data as context but no new geological or metallurgical results. - Positive factor: Publication of annual sustainability report - Positive factor: Alignment with TCFD, TNFD, and GRI standards Facts used in scoring: 5 ## Classification and evidence **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The document contains resource and reserve figures that are historical restatements from a November 2025 Technical Report. Evidence · text > Donlin Gold data as per the report titled “NI 43-101 Technical Report on the Donlin Gold project, Alaska, USA” with an effective date of November 30, 2025 ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0#fact-resource-facts-0) Donlin Gold · gold Historical result Needs review: historical\_restatement #### Identity - Project: Donlin Gold - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: NG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:75fe1dc6e3baefe5e51d #### Resource Data - Category: indicated - Tonnes: 560000000 - Grade: 2.22 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-30T00:00:00.000Z #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Historical resource data provided for context; not new results. - Positive factor: Large scale resource Evidence · text > 560 million tonnes at an average grade of approximately 2.22 grams per tonne, in the Measured and Indicated Mineral Resource categories on a 100% basis #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0#fact-resource-facts-1) Donlin Gold · gold Historical result Needs review: historical\_restatement #### Identity - Project: Donlin Gold - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: NG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:b390155df921900569fe #### Resource Data - Category: measured - Tonnes: 9000000 - Grade: 2.67 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-30T00:00:00.000Z #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Historical resource data provided for context; not new results. - Positive factor: High grade for measured category Evidence · text > Donlin Gold possesses Measured Resources of approximately 9 Mt grading 2.67 g/t #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0#fact-resource-facts-2) Donlin Gold · gold Historical result Needs review: historical\_restatement #### Identity - Project: Donlin Gold - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: NG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:cefe0d778fd2efe2b6de #### Resource Data - Category: indicated - Tonnes: 551000000 - Grade: 2.21 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-30T00:00:00.000Z #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Historical resource data provided for context; not new results. - Positive factor: Significant tonnage Evidence · text > Indicated Resources of approximately 551 Mt grading 2.21 g/t #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0#fact-resource-facts-3) Donlin Gold · gold Historical result Needs review: historical\_restatement #### Identity - Project: Donlin Gold - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: NG #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - Resource group id: resource:fdabf19a2d11c79686bc #### Resource Data - Category: proven - Tonnes: 9000000 - Grade: 2.29 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-30T00:00:00.000Z #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Historical reserve data provided for context; not new results. - Positive factor: Proven reserve status Evidence · text > Donlin Gold possesses Proven Reserves of approximately 9 Mt grading 2.29 g/t #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/novagold-releases-2025-sustainability-report--6c4ff368-4b24-465d-bbe2-55ab82087cc0#fact-resource-facts-4) Donlin Gold · gold Historical result Needs review: historical\_restatement #### Identity - Project: Donlin Gold - Commodity: gold - Region: usa\_ak - Reported Region: Alaska - Ticker: NG #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - Resource group id: resource:9d455d2208ed7c7cc7fd #### Resource Data - Category: probable - Tonnes: 495000000 - Grade: 2.02 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-30T00:00:00.000Z #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Historical reserve data provided for context; not new results. - Positive factor: Large scale probable reserve Evidence · text > Probable Reserves of approximately 495 Mt grading 2.02 g/t #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.