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NG > SEC Filings for NG > Form 8-K on 9-Jun-2014All Recent SEC Filings

Show all filings for NOVAGOLD RESOURCES INC



Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

Item 7.01 Regulation FD Disclosure

On June 9, 2014, NOVAGOLD RESOURCES INC. (the "Company") issued a press release entitled "NOVAGOLD Announces Extension of Donlin Gold Surface Use Agreement with The Kuskokwim Corporation."

The press release is attached hereto as Exhibit 99.1.

Item 8.01 Other Events.

On June 6, 2014, Donlin Gold LLC ("Donlin Gold") and The Kuskokwim Corporation ("TKC") executed an amendment to the Surface Use Agreement. The Surface Use Agreement with TKC, which owns the surface estate of the remaining lands, grants non-exclusive surface use rights to Donlin Gold for mining activities. The amendment provides for the following:

Extends the Surface Use Agreement to coincide with the Donlin Gold project projected mine life with provisions for a further extension, should mine production continue beyond the originally projected mine life;

Direct compensation to TKC through payments for project milestones, annual surface use and mine operation;

A coordinated and consultative approach between Donlin Gold and TKC regarding annual project planning, reclamation as well as preparation of a subsistence harvest plan for affected surface lands;

Gives preference to TKC for contracts, hiring and training TKC shareholders, as well as funding scholarships and working with federal, state and local entities to help create and fund a training facility in the region; and

Commits to an exclusive contract with TKC for the construction and operations of an upriver port site.

The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Description
99.1 Press release of NOVAGOLD RESOURCES INC. dated June 9, 2014 entitled "NOVAGOLD Announces Extension of Donlin Gold Surface Use Agreement with The Kuskokwim Corporation."

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