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Stock impact report

Glenfarne and Donlin Gold Sign Letter of Intent for Alaska Gas and Infrastructure [Yahoo! Finance]

Novagold Resources Inc. (NG) 
NASDAQ:AMEX Investor Relations: novagold.com
Company Research Source: Yahoo! Finance
ANCHORAGE, Alaska, January 08, 2026 BUSINESS WIRE )--Glenfarne Alaska LNG, LLC ("Glenfarne"), majority owner and developer of the Alaska LNG Project, and Donlin Gold LLC ("Donlin"), the developer of the Donlin Gold mine owned by NOVAGOLD RESOURCES INC. ("NOVAGOLD") and Paulson Advisers LLC ("Paulson"), today announced that the companies have signed a non-binding Letter of Intent ("LOI") for natural gas supply from the Alaska LNG Pipeline and the development of the infrastructure needed to deliver the gas and power the mine. Under the LOI, the companies will work to formalize a potential natural gas sales agreement for up to 50 million cubic feet of natural gas per day and also to cooperate on the most effective method for development and construction of an approximately 315-mile-long natural gas pipeline from Southcentral Alaska to the Donlin Gold mine in Southwest Alaska and a power plant to supply electricity to the mine. Glenfarne Alaska LNG President Adam Prestidge said, "Ala Show less Read more
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