NovaGold Resources Inc. (NovaGold) is engaged in the exploration and development of mineral properties. The Company has a portfolio of mineral properties located in Alaska, the United States and British Columbia, Canada. The Donlin Gold project in Alaska is held by a limited liability company owned equally by wholly owned subsidiaries of NovaGold and Barrick Gold Corporation (Barrick). The Galore Creek project is held by a partnership owned equally by wholly owned subsidiaries of NovaGold and Teck Resources Limited (Teck). The Galore Creek property is a copper-gold-silver project located in northwestern British Columbia. The Galore Creek Project is managed by Galore Creek Mining Corporation (GCMC). The main Galore Creek property, which consists of the Southwest, Central, Junction and West Fork deposits, contains the project�s known resources. On November 1, 2012, the Company completed the sale of Alaska Gold Company LLC (AGC).