Page 35 - NG_AR_2017
P. 35
NOVAGOLD’s 2018 budget and average annual spend.
$ 14M – Donlin Gold $ 3M – Galore Creek $ 11M – G&A
Sufficient cash on hand to progress the Donlin Gold project through completion of permitting.*
Yearly Average
As stewards of the capital entrusted to us by our shareholders, our average annual spend has been $24.7M since 2013.†
28.0M 24.7M
* Cash and term deposits at November 30, 2017 $84M. † Excluding financial activities.
33
