EX-2 2 ex_854051.htm EXTRACTIVE SECTOR TRANSPARENCY MEASURES ACT - ANNUAL REPORT HTML Editor

Exhibit 2.01

 

 

Extractive Sector Transparency Measures Act - Annual Report

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Reporting Entity Name

NOVAGOLD RESOURCES INC.

 

Reporting Year

From

2023-12-01

To:

2024-11-30

Date submitted

4/28/2025  

Reporting Entity ESTMA Identification Number

E258877

checka.jpg Original Submission

checkb.jpg Amended Report

   
         

Other Subsidiaries Included
(optional field)

Donlin Gold LLC, AGC Resources Inc.

 
   

Not Consolidated

   
   

Not Substituted

       
   

Attestation by Reporting Entity

       

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above. 

 
   
   

Full Name of Director or Officer of Reporting Entity

/s/ Peter Adamek

Date

4/28/2025  

Position Title

Chief Financial Officer

     

 

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

2023-12-01

To: 

2024-11-30

             

Reporting Entity Name

NOVAGOLD RESOURCES INC.

Currency of the Report

USD

     

Reporting Entity ESTMA Identification Number

E258877

         

Subsidiary Reporting Entities (if necessary)

           

Payments by Payee

Country

Payee Name

Departments, Agency, etc within Payee that Received Payments

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes

United States of America

State of Alaska

Department of Natural Resources

   

 1,115,000

       

1,115,000

 

United States of America

State of Alaska

Department of Environmental Conservation

   

 5,000

       

5,000

 

United States of America

State of Alaska

Department of Administration

   

 20,000

       

20,000

 

United States of America

Government of the United States of America

Bureau of Land Management

   

 151,000

       

151,000

 

United States of America

Government of the United States of America

United States Geological Survey

   

 50,000

       

50,000

 

Canada

Government of Canada

Canada Revenue Agency

 707,000

           

707,000

 

 

Additional Notes:

 

 

 

 

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

2023-12-01

To: 

2024-11-30

           

Reporting Entity Name

NOVAGOLD RESOURCES INC.

Currency of the Report

USD

   

Reporting Entity ESTMA Identification Number

E258877

       

Subsidiary Reporting Entities (if necessary)

         

Payments by Project

Country

Project Name

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes

United States of America

Donlin Gold LLC

   

 1,337,000

       

 1,337,000

1

United States of America

Closure sites

   

 4,000

       

 4,000

2

Canada

Donlin Gold LLC

 707,000

           

 707,000

 

Additional Notes:

1 Donlin Gold LLC is a non-reporting U.S. entity. Its shares are owned 50/50 by subsidiaries of Barrick Gold Corporation ("Barrick") and NOVAGOLD Resources Inc. ("NG"), each of which is a reporting entity under the Act. Neither Barrick nor NG control Donlin Gold LLC. The fiscal year-end of Donlin Gold LLC and NG is November 30, 2024. The fiscal year-end for Barrick is December 31, 2024. Therefore, to enhance transparency, Barrick and NG have nominated NG to include 100% of payments made by Donlin Gold LLC in this ESTMA Report.

2 Payments made by AGC Resources Inc., a wholly-owned subsidiary of NOVAGOLD Resources Inc., to the State of Alaska, Deptartment of Environmental Conservation, related to a closure site.