Thursday 27th October 2016

Resource Clips

NovaGold reports Alaska Results up to 3.89% Copper over 178m

Resource Clips - essential news on junior gold mining and junior silver miningNovaGold Resources Inc TSX:NG announced assays from its Upper Kobuk Mineral Property in the Ambler Mining District of northwestern Alaska. Results include

3.89% copper over 178 metres
(including 11.38% copper over 34.7 metres)
4.36% copper over 36.3 metres
(including 8.35% copper, 0.09 g/t gold, 8.8 g/t silver and 0.09% cobalt over 17.6 metres)
5.41% copper over 31.9 metres
(including 28.5% copper, 0.44 g/t gold, 30.9 g/t silver and 0.44% cobalt over 5.5 metres)
6.73% copper over 26.3 metres
(including 24.47% copper, 0.57 g/t gold, 21 g/t silver and 0.14% cobalt over 6.8 metres)
1.85% copper over 77.3 metres
(including 3.43% copper over 18.9 metres)
1.87% copper over 27.2 metres

President/CEO Rick Van Nieuwenhuyse stated, “DDH RC11-187 constitutes the best hole drilled to date on Bornite. The fact that it is a step-out makes it even more encouraging. While further work is necessary to assess the extent of the Bornite deposit, these initial results continue to demonstrate the exceptionally high-grade nature of this important and evolving mineral district. Given the level of previous exploration in the district, we are confident that we can continue to identify high-grade mineralization with additional exploration drilling. Simply put, this project has the potential to evolve into one of the richest and most valuable polymetallic districts in the world.”

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Neil MacRae
IR Director

by Greg Klein

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