Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		110 Months Ended
	May 31, 2013	May 31, 2012	May 31, 2013	May 31, 2012	May 31, 2013
Cash flows used in operating activities
Loss for the period	$ (5,947)	$ (9,753)	$ (12,573)	$ (10,618)	$ (75,901)
Items not affecting cash
Amortization	254	168	504	286	1,576
Accretion	0	0	0	0	2,530
Loss on disposal of equipment	0	0	0	0	7
Issuance of shares as compensation	0	316	0	316	316
Stock-based compensation	2,000	5,494	6,113	5,494	16,637
Unrealized foreign exchange	2	0	(77)	0	(78)
Net change in non-cash working capital
Increase in accounts receivable	(77)	(122)	(13)	(122)	(378)
Increase in deposits and prepaid amounts	(274)	(432)	(228)	(603)	(768)
Increase (decrease) in accounts payable, accrued liabilities and due to related parties	1,148	1,763	(111)	1,374	1,784
Net Cash Provided by (Used in) Operationg Activities	(2,894)	(2,566)	(6,385)	(3,873)	(54,275)
Cash flows from financing activities
Funding provided by NovaGold on the completion of the Plan of Arrangement	0	40,000	0	40,000	40,000
Funding provided and expenses paid by NovaGold	0	2,161	0	3,763	61,256
Repayment of notes payable	0	0	0	0	(24,000)
Net Cash Provided by (Used in) Financing Activities	0	42,161	0	43,763	77,256
Cash flows used in investing activities
Acquisition of plant & equipment	(158)	(1,195)	(172)	(1,195)	(3,178)
Expenditures on mineral properties	0	0	0	0	(4,116)
Net Cash Provided by (Used in) Investing Activities	(158)	(1,195)	(172)	(1,195)	(7,294)
Increase (decrease) in cash and cash equivalents	(3,052)	38,400	(6,557)	38,695	15,687
Cash and cash equivalents - beginning of period	18,739	296	22,244	1	0
Cash and cash equivalents - end of period	$ 15,687	$ 38,696	$ 15,687	$ 38,696	$ 15,687