Page 32 - NG_AR_2014

Reserves and Resources (click here to learn more) Donlin Gold (100% basis)* tonnage
GOLD Kt
Reserves 1
Proven 7,683 Probable 497,128 P&P 504,811
Resources 3, inclusive of Reserves
Measured 7,731 Indicated 533,607 M&I 541,337 Inferred 92,216
Galore Creek (100% basis)* tonnage
COPPER Mt
Reserves 2
Proven 69.0
grade
g/t Au
2.32 2.08 2.09
2.52 2.24 2.24 2.02
grade
% Cu
0.606 0.582 0.585
0.25 0.34
g/t Au
0.520 0.291 0.321
0.39 0.26 0.27 0.24
g/t Ag
4.94 6.18 6.02
2.58 3.81
metal content
Koz Au
573 33,276 33,849
626 38,380 39,007 5,993
metal content
Blb Cu
0.9 5.9 6.8
0.22 1.85
Moz Au
1.15 4.30 5.45
0.50 2.04 2.53 2.70
Moz Ag
11.0
91.2
102.1
3.27 30.26
Probable
P&P
Resources 4, exclusive of Reserves
Measured Indicated
GOLD
Reserves 2
Proven Probable
P&P
Resources 4, exclusive of Reserves
Measured Indicated M&I
Inferred
SILVER
Reserves 2
Proven Probable
P&P
Resources 4, exclusive of Reserves
Measured Indicated
459.1
528.0
39.5 247.2
Mt
69.0 459.1 528.0
39.5 247.2 286.7 346.6
Mt
69.0 459.1 528.0
39.5 247.2
M&I 286.7 0.33 2.07
Inferred 346.6 0.42 3.23
M&I 286.7 3.64 33.54
Inferred 346.6 4.28 47.73
* Mineral reserves and resources are reported on a 100% basis. NOVAGOLD and Barrick each own 50% of the Donlin Gold project. NOVAGOLD and Teck each own 50% of the Galore Creek project.
t = oz = lb = K = M = B = g/t =
metric tonne ounce pound thousand million billion grams/tonne
Approximate cut-o grades Notes:
30 : NG
(see Resources Footnotes):
a. These resource estimates have been prepared in accordance with NI 43-101 and the CIM De nition Standard, unless otherwise noted.
b. See numbered footnotes on page 31 for resource information.
c. Rounding as required by reporting guidelines may result in apparent summation
di erences between tonnes, grade and contained metal content.
d. Tonnage and grade measurements are in metric units. Contained gold and silver ounces
Donlin Gold
Reserves 1: Resources 3:
Galore Creek
Reserves 2: Resources 4:
0.57 g/t gold 0.46 g/t gold
C$10.08 NSR C$10.08 NSR
are reported as troy ounces, contained copper pounds as imperial pounds.