NOTE 5. INVESTMENT IN AFFILIATES (Tables)

6 Months Ended

May 31, 2014

Changes in the Company's investment

	At May 31, 2014		At November 30,  2013
Donlin Gold LLC, Alaska, U.S.A	$	3,480	$	1,720
Galore Creek Partnership, British Columbia, Canada		298,978		305,735
	$	302,458	$	307,455

Donlin Gold LLC, Alaska, USA

Summary of Investments in Affiliates

	Six months ended May 31,
	2014			2013
Balance – beginning of period	$	1,720		$	4,185
Funding		7,746			6,898
Share of losses		(5,986	)		(6,528	)
Balance – end of period	$	3,480		$	4,555

Net assets

	At May 31, 2014			At November 30,  2013
Current assets: Cash, prepaid expenses and other receivables	$	4,139		$	3,390
Non-current assets: Property and equipment		484			541
Non-current assets: Mineral property		32,692			32,692
Current liabilities: Accounts payable and accrued liabilities		(1,143	)		(2,211	)
Non-current liabilities: Reclamation obligation		(692	)		(692	)
Net assets	$	35,480		$	33,720

The Galore Creek Partnership, British Columbia, Canada

Changes in the Company's investment

	Six months ended May 31,
	2014			2013
Balance – beginning of period	$	305,735		$	335,086
Funding		1,445			2,067
Share of losses		(1,250	)		(5,193	)
Exploration tax credit		(693	)		—
Foreign currency translation		(6,259	)		(13,879	)
Balance – end of period	$	298,978		$	318,081

Net assets

	At May 31, 2014			At November 30,  2013
Current assets: Cash, prepaid expenses and other receivables	$	532		$	377
Non-current assets: Property and equipment		268,733			263,797
Current liabilities: Accounts payable and accrued liabilities		(462	)		(483	)
Non-current liabilities: Payables and reclamation obligation		(8,724	)		(8,533	)
Net assets	$	260,079		$	255,158

Equity losses of affiliates

	Three months ended May 31,				Six months ended May 31,
	2014		2013		2014		2013
Donlin Gold LLC:
Mineral property expenditures	$	3,083	$	3,480	$	5,893	$	6,420
Depreciation		48		54		94		108
		3,131		3,534		5,987		6,528
Galore Creek Partnership:
Mineral property expenditures		47		422		328		932
Care and maintenance expense		438		696		922		1,050
Depreciation		—		1,586		—		3,211
		485		2,704		1,250		5,193
		3,616	$	6,238	$	7,237	$	11,721