-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 Hg9u1TIp/aQXGeVxeUBGGg==

<SEC-DOCUMENT>0001277006-06-000040.txt : 20060816
<SEC-HEADER>0001277006-06-000040.hdr.sgml : 20060816
<ACCEPTANCE-DATETIME>20060816150848
ACCESSION NUMBER:		0001277006-06-000040
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060816
DATE AS OF CHANGE:		20060816

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVAGOLD RESOURCES INC
		CENTRAL INDEX KEY:			0001173420
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A5
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-80075
		FILM NUMBER:		061038066

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 24, SUITE 2300
		STREET 2:		200 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1S4
		BUSINESS PHONE:		604-669-6227

	MAIL ADDRESS:	
		STREET 1:		PO BOX 24, SUITE 2300
		STREET 2:		200 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1S4

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPROTT ASSET MANAGEMENT INC
		CENTRAL INDEX KEY:			0001277006
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		200 BAY STREET
		STREET 2:		STE 2700 P O BOX 27
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			M5J 2J1
		BUSINESS PHONE:		4169436706
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>novagold13gaug06.txt
<TEXT>
NovaGold Resources Inc.
Common Shares
66987E206
August 16, 2006


CUSIP 66987E206
1. Sprott Asset Management Inc.
   Suite 2700, South Tower, Royal Bank Plaza, Toronto, Ontario  M5J 2J1
   Canada

2. n/a

3.

4. Ontario, Canada

5. 4,547,637

6. n/a

7. 4,547,637

8. n/a

9. n/a

10. n/a

11. n/a

12. BD


Item 1
(a) NovaGold Resources Inc.
(b) Suite 2300 - 200 Granville Street
    Vancouver, BC
    V6C 1S4
    Canada

Item 2
(a) Sprott Asset Management Inc.
(b) Suite 2700, South Tower
    Royal Bank Plaza
    P.O. Box 27
    Toronto, Ontario  M5J 2J1
    Canada
(c) Canadian
(d) Common Shares
(e) 66987E206

Item 3
n/a

Item 4
(a) n/a
(b) n/a
(c) (i) 4,547,637
    (ii) n/a
    (iii) 4,547,637
    (iv)  n/a

Item 5
n/a

Item 6
n/a

Item 7
n/a

Item 8
n/a

Item 9
n/a

Item 11
August 16, 2006
Eric Sprott
Chief Executive Officer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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