{"url_path":"/sec/ng/8-k/2026-05-13/body","section_key":"body","section_title":"Body","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1173420/0001171843-26-003350-index.html","accession_number":"0001171843-26-003350","cik":"0001173420","ticker":"NG","issuer_name":"NOVAGOLD RESOURCES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1173420/0001171843-26-003350-index.html","primary_entity_key":"0001173420","primary_entity_name":"NOVAGOLD RESOURCES INC"},"word_count":1580,"has_tables":true,"body_markdown":"EX-99.1\n2\nexh_991.htm\nEXHIBIT 99.1\n\n**Exhibit 99.1 **\n\n** **\n\n**NEWS\nRELEASE**\n\n**NOVAGOLD RELEASES 2025 Sustainability Report**\n\nDelivering a comprehensive overview of NOVAGOLD’s environmental, social, and governance (ESG) performance,\nunderscoring its strong health and safety record, ongoing commitment to environmental stewardship, sustained community investment, active\nstakeholder engagement, and robust corporate governance practices.\n\nHighlighting NOVAGOLD’s investment in Donlin Gold LLC (“Donlin Gold”) and its engagement\nwith stakeholders, with an emphasis on meaningful community dialogue and utmost consideration of local priorities and concerns.\n\nDemonstrating ongoing and enhanced alignment with globally recognized sustainability disclosure frameworks,\nincluding the Task Force on Climate-related Financial Disclosures (TCFD) and Task Force on Nature-related Financial Disclosures (TNFD),\nalongside continued adherence to the Global Reporting Initiative (GRI) standards.\n\n**May 13, 2026 – Vancouver, British Columbia – NOVAGOLD RESOURCES INC.** (“NOVAGOLD”\nor the “Company”) (NYSE American, TSX: NG) is pleased to announce the publication of its 2025 Sustainability Report which\nprovides an overview of the Company’s performance in the areas of environmental responsibility, health and safety, social engagement,\nand corporate governance in alignment with the recommendations of the TCFD, the TNFD and GRI standards.\n\n“Our vision is to create a lasting positive impact, while strengthening partnerships and\nsafeguarding the environment for future generations”, said Greg Lang, NOVAGOLD’s President and CEO. “At NOVAGOLD, our\nESG practices continue to evolve as we advance the responsible development of Donlin Gold and deepen our commitment to the people of the\nYukon-Kuskokwim region. We prioritize close collaboration with local communities, drawing on their knowledge and perspectives to minimize\nenvironmental impacts, support sustainable economic opportunities, and guide responsible project advancement.”\n\n**Highlights of NOVAGOLD’s 2025 Sustainability Report**\n\n****\n\nwww.novagold.com\nPage | 1\n\n \n\n**NEWS\nRELEASE**\n\nAs a development-stage mining company primarily focused on the Donlin Gold project, we adopt\na long-term approach to developing, implementing, and reporting our sustainability practices. Our efforts center on collaboration with\nkey stakeholders to protect the environment and invest in the local communities and businesses of Southwestern Alaska.\n\nAt NOVAGOLD, our business is grounded in the belief that strong ESG performance is fundamental\nto long-term success. Integrating ESG principles into how we operate supports the achievement of our strategic objectives, fosters enduring\nvalue for local communities, and aligns with the financial expectations of our shareholders as we responsibly advance our business.\n\nThe 2025 Sustainability Report is available on NOVAGOLD’s website here (https://novagold.com/sustainability/sustainability-report/).\n\n**About NOVAGOLD**\n\nNOVAGOLD is a well-financed precious metals company focused on the\ndevelopment of the Donlin Gold project in Alaska, one of the safest mining jurisdictions in the world. With approximately 40 million ounces\nof gold in the Measured and Indicated Mineral Resource categories (560 million tonnes at an average grade of approximately 2.22 grams\nper tonne, in the Measured and Indicated Mineral Resource categories on a 100% basis)1, inclusive of Proven and Probable Mineral\nReserves, the Donlin Gold project is regarded to be one of the largest, highest-grade, and most prospective known open-pit gold deposits\nin the world. According to the 2025 Technical Report and the 2025 Technical Report Summary (as defined below), the Donlin Gold project\nis expected to produce an average of more than one million ounces per year over a 27-year mine life on a 100% basis once in production.2\n\n**About Donlin Gold Holdings**\n\nDonlin Gold Holdings, 100% wholly-owned by Paulson Advisers LLC and its affiliates, is the 40%\nowner of the Donlin Gold project. Donlin Gold Holdings, together with NOVAGOLD, owns 100% of Donlin Gold and shares equal voting and operating\ncontrol with NOVAGOLD through its operating agreement.\n\n**NOVAGOLD Contacts:**\n\nMélanie Hennessey\n\nVice President, Corporate Communications\n\nFrank Gagnon\n\nManager, Investor Relations\n\n604-669-6227 or 1-866-669-6227\n\ninfo@novagold.com\n\nwww.novagold.com\n\n* *\n\n_______________________________________\n\n1 Donlin Gold data as per the report titled “NI 43-101 Technical Report on\nthe Donlin Gold project, Alaska, USA” with an effective date of November 30, 2025 (the “2025 Technical Report”) and\nthe report titled “S-K 1300 Technical Report Summary on the Donlin Gold Project, Alaska, USA” (the “2025 Technical\nReport Summary”), dated November 30, 2025. Donlin Gold possesses Measured Resources of approximately 9 Mt grading 2.67 g/t and\nIndicated Resources of approximately 551 Mt grading 2.21 g/t, each on a 100% basis and inclusive of Mineral Reserves, of which approximately\n6 Mt of Measured Resources and approximately 330 Mt of Indicated Resources inclusive of Mineral Reserves is currently attributable to\nNOVAGOLD through its 60% ownership interest in Donlin Gold LLC. Exclusive of Mineral Reserves, Donlin Gold possesses Measured Resources\nof approximately 1.4 Mt grading 1.18 g/t and Indicated Resources of approximately 175 Mt grading 1.32 g/t, of which approximately 0.9\nMt of Measured Resources and approximately 105 Mt of Indicated Resources exclusive of Mineral Reserves is currently attributable to NOVAGOLD.\nDonlin Gold possesses Proven Reserves of approximately 9 Mt grading 2.29 g/t and Probable Reserves of approximately 495 Mt grading 2.02\ng/t, each on a 100% basis, of which approximately 6 Mt of Proven Reserves and approximately 297 Mt of Probable Reserves is attributable\nto NOVAGOLD. Mineral Reserve and Resources have been estimated in accordance with NI 43-101 and S-K 1300.\n\n2 Anticipated average annual gold production during full life of mine if put\ninto production as contemplated in the 2025 Technical Report and the 2025 Technical Report Summary.\n\nwww.novagold.com\nPage | 2\n\n \n\n**NEWS\nRELEASE**\n\n**\n\n**Cautionary Note Regarding Forward-Looking Statements**\n\n*This media release includes certain “forward-looking information” and “forward-looking\nstatements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation, including\nthe United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include future-oriented financial information\nor financial outlook within the meaning of securities laws, including information regarding NOVAGOLD’s anticipated expenditures.\nSuch information is intended to assist readers in understanding NOVAGOLD’s current expectations and plans relating to the future.\nSuch information may not be appropriate for other purposes. Forward-looking statements are frequently, but not always, identified by words\nsuch as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”,\n“possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”,\n“could”, “would” or “should” occur or be achieved. Forward-looking statements are necessarily based\non several opinions, estimates and assumptions that management of NOVAGOLD considered appropriate and reasonable as of the date such statements\nare made, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, activity,\nperformance, or achievements to be materially different from those expressed or implied by such forward-looking statements. All statements,\nother than statements of historical fact, included herein are forward-looking statements. These forward-looking statements include statements\nregarding our goals and planned activities for 2026; ongoing support provided to key stakeholders including Alaska Native Corporation\nlandowners and local communities and businesses of Southwestern Alaska; the potential development and construction of the Donlin Gold\nproject; the sufficiency of funds to continue to advance development of Donlin Gold; mineral reserve and mineral resource estimates; plans\nto continue to advance the Donlin Gold project safely, socially and environmentally responsibly and to sustainably generate value for\nour stakeholders; continued cooperation between the owners of Donlin Gold LLC to advance the project; and the Company’s ability\nto deliver on its strategy with the Donlin Gold project, increasing the value of the project. In addition, any statement that refers to\nexpectations, intentions, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking\nstatements are not historical facts but instead represent the expectations of NOVAGOLD management’s estimates and projections regarding\nfuture events or circumstances on the date the statements are made. Important factors that could cause actual results to differ materially\nfrom expectations include the need to obtain additional permits and governmental approvals; the timing and likelihood of obtaining and\nmaintaining permits necessary to construct and operate; the need for additional financing to complete an updated Bankable Feasibility\nStudy and to explore and develop properties; availability of financing in the debt and capital markets; the disparity between the economic\nand governance level at Donlin Gold and the Company; disease pandemics; uncertainties involved in the interpretation of drill results\nand geological tests and the estimation of reserves and resources; changes in mineral production performance, exploitation and exploration\nsuccesses; changes in national and local government legislation, taxation, controls or regulations and/or changes in the administration\nof laws, policies and practices, expropriation or nationalization of property and political or economic developments in the United States\nor Canada; the need for continued cooperation between the owners of Donlin Gold LLC to advance the project; the need for cooperation of\ngovernment agencies and Native groups in the development and operation of properties; risks of construction and mining projects such as\naccidents, equipment breakdowns, bad weather, non-compliance with environmental and permit requirements, unanticipated variation in geological\nstructures, ore grades or recovery rates; unexpected cost increases, which could include significant increases in estimated capital and\noperating costs; fluctuations in metal prices and currency exchange rates; whether or when a positive construction decision will be made\nregarding the Donlin Gold project; and other risks and uncertainties disclosed in NOVAGOLD’s most recent reports on Forms 10-K and\n10-Q, particularly the “Risk Factors” sections of those reports and other documents filed by NOVAGOLD with applicable securities\nregulatory authorities from time to time. Copies of these filings may be obtained by visiting NOVAGOLD’s website at www.novagold.com,\nor the SEC’s website at www.sec.gov, or on SEDAR+ at www.sedarplus.ca. The forward-looking statements contained herein reflect the\nbeliefs, opinions and projections of NOVAGOLD on the date the statements are made. NOVAGOLD assumes no obligation to update the forward-looking\nstatements of beliefs, opinions, projections, or other factors, should they change, except as required by law.*\n\n* *\n\n* *\n\n* *\n\n* *\n\nwww.novagold.com\n\nPage | 3\n\n**"}