Al Korelin chats with Rick Van Nieuwenhuyse, president and CEO of Nova Gold, at the Cambridge House Investment Conference about their major gold deposits in Alaska and British Columbia.
NovaGold (NYSE-AMEX, TSX: NG) is a precious metals company engaged in the exploration and development of mineral properties in North America. NovaGold is focused on advancing its two core properties, Donlin Creek and Galore Creek, with the objective of becoming a low-cost million-ounce-a-year gold producer. When Donlin Creek is in production, NovaGold’s share of production for the first five years is estimated at 800,000 ounces of gold annually, with cash costs in the lower half of the industry. Galore Creek will add additional gold, copper and silver to NovaGold’s annual production.
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