Donlin Gold Bankable Feasibility Study and Infrastructure Development

under construction

Donlin Gold project is a Tier One gold development project in Alaska, owned 60% by NOVAGOLD and 40% by Donlin Gold Holdings. The project is advancing a Bankable Feasibility Study (BFS) expected to be completed in 2027, with Fluor Corporation appointed as the lead engineering firm. Strategic engineering contracts were awarded to WSP USA, Inc., Worley Alaska, Inc., and Hatch Ltd. for critical infrastructure components including the on-site power plant, natural gas pipeline, and pressure oxidation circuit and oxygen plant. Donlin Gold signed a non-binding Letter of Intent with Glenfarne Alaska LNG, LLC to evaluate natural gas supply for on-site power generation. The project hosts approximately 40 million ounces of gold with significant exploration potential and is progressing through permitting and community engagement.