Page 36 - NG_AR_2016
P. 36

Reserves & Resources
Donlin Gold * Tonnage (100%) Grade (100%) Metal (100%)
P&P 504.8 2.09 33,849
M&I 541.3 2.24 39,007
Inferred 92.2 2.02 5,993
Galore Creek * Tonnage (100%) Grade (100%) Metal (100%)
P&P 528.0 0.59 6,813
M&I 814.7 0.50 8,932
Inferred 346.6 0.42 3,226
P&P 528.0 0.32 5,452
M&I 814.7 0.31 8,022
Inferred 346.6 0.24 2,697
P&P 528.0 6.02 102.1
M&I 814.7 5.21 136.4
Inferred 346.6 4.28 47.7
NOVAGOLD Share (50%)
koz Au
286 16,638 16,924
313 19,190 19,503 2,997
NOVAGOLD Share (50%)
Mlb Cu
460 2,946 3,406
573 3,893 4,466 1,613
koz Au
577 2,149 2,726
828 3,183 4,011 1,348
Moz Ag
5.5 45.6 51.1
7.1 61.0 68.2 23.9
GOLD Mt
Reserves 1
Proven 7.7
g/t Au
2.32 2.08
2.52 2.24
% Cu
0.61 0.58
0.48 0.50
g/t Au
0.52 0.29
0.48 0.28
g/t Ag
4.94 6.18
4.10 5.38
koz Au
573 33,276
626 38,380
Mlb Cu
921 5,892
1,146 7,786
koz Au
1,154 4,298
1,656 6,366
Moz Ag
11.0 91.2
14.3 122.1
Probable
Resources 3, inclusive of Reserves
Measured Indicated
COPPER
Reserves 2
Proven Probable
Resources 4, inclusive of Reserves
Measured Indicated
GOLD
Reserves 2
Proven Probable
Resources 4, inclusive of Reserves
Measured Indicated
SILVER
Reserves 2
Proven Probable
Resources 4, inclusive of Reserves
Measured Indicated
497.1
7.7 533.6
Mt
69.0 459.1
108.4 706.3
Mt
69.0 459.1
108.4 706.3
Mt
69.0 459.1
108.4 706.3
34
*
Mineral reserves & resources are reported on 100% and 50% basis for each project. NOVAGOLD and Barrick each own 50% of the Donlin Gold project. NOVAGOLD and Teck each own 50% of the Galore Creek project.
t = oz =
metric tonne ounce
lb = k =
pound thousand
M = g/t =
million grams/tonne
Approximate cut-off grades (see Reserves & Resources Footnotes):
Donlin Gold
Reserves 1: Resources 3:
0.57 g/t gold 0.46 g/t gold
Galore Creek
Reserves 2: Resources 4:
C$10.08 /t NSR C$10.08 /t NSR


































































































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