Anchorage Alaskabased Donlin Gold, owned 50:50 by Barrick Gold & Novagold Resources, has released of the final set of assay results from the 2022 drill program. • The comprehensive 141-hole, 42,331-meter drill program was safely and successfully completed ahead of schedule, under budget and included multiple high-grade gold intercepts reported from the latest set of assays. These include DC22-2130 that intersected 17.20 m grading 11.11 g/t gold, with a sub-interval of 4.25 m grading 36.91 g/t gold.• The results from the 2022 drill program reconcile favorably with the resource model as well as further support the global resource estimate and recent modelling concepts.• Donlin Gold continued to work in partnership with Alaska Native landowners Calista Corporation and The Kuskokwim Corporation in stakeholder and government engagement in the Yukon-Kuskokwim region, Alaska, and Washington DC• Environmental and social investment focused on the Y-K region included support for important health and safety initiatives in remote communities, cultural preservation efforts, and educational programming in collaboration with school districts and other organizations.• Donlin Gold continued to advance state permitting efforts, including the renewal of air and water permits in 2022.• With an increased appreciation of the geology, the experienced team will continue to focus on updating the resource model and completing trade-off studies — all of which are moving the Donlin Gold project up the value chain and leading toward an updated feasibility study decision.The Donlin Gold project is located in Alaska, the second largest gold-producing state in the United States. With approximately 39 million ounces of gold grading 2.24 grams per tonne in the measured and indicated mineral resource categories (100 percent basis)1, Donlin Gold hosts one of the largest and highest-grade undeveloped open-pit gold endowments in the world. The planned pits in which the existing resources are sited occupy only three kilometers of an eight-kilometer mineralized belt, which itself is located on less than 5% of Donlin Gold’s land position. Current activities at Donlin Gold are focused on the drill program, optimization efforts, community outreach, and advancing the remaining State permitting actions.
Anchorage Alaskabased Donlin Gold, owned 50:50 by Barrick Gold & Novagold Resources, has released of the final set of assay results from the 2022 drill program. • The comprehensive 141-hole, 42,331-meter drill program was safely and successfully completed ahead of schedule, under budget and included multiple high-grade gold intercepts reported from the latest set of assays. These include DC22-2130 that intersected 17.20 m grading 11.11 g/t gold, with a sub-interval of 4.25 m grading 36.91 g/t gold.• The results from the 2022 drill program reconcile favorably with the resource model as well as further support the global resource estimate and recent modelling concepts.• Donlin Gold continued to work in partnership with Alaska Native landowners Calista Corporation and The Kuskokwim Corporation in stakeholder and government engagement in the Yukon-Kuskokwim region, Alaska, and Washington DC• Environmental and social investment focused on the Y-K region included support for important health and safety initiatives in remote communities, cultural preservation efforts, and educational programming in collaboration with school districts and other organizations.• Donlin Gold continued to advance state permitting efforts, including the renewal of air and water permits in 2022.• With an increased appreciation of the geology, the experienced team will continue to focus on updating the resource model and completing trade-off studies — all of which are moving the Donlin Gold project up the value chain and leading toward an updated feasibility study decision.The Donlin Gold project is located in Alaska, the second largest gold-producing state in the United States. With approximately 39 million ounces of gold grading 2.24 grams per tonne in the measured and indicated mineral resource categories (100 percent basis)1, Donlin Gold hosts one of the largest and highest-grade undeveloped open-pit gold endowments in the world. The planned pits in which the existing resources are sited occupy only three kilometers of an eight-kilometer mineralized belt, which itself is located on less than 5% of Donlin Gold’s land position. Current activities at Donlin Gold are focused on the drill program, optimization efforts, community outreach, and advancing the remaining State permitting actions.
