Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended		119 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014
Cash flows used in operating activities
Loss for the period	$ (2,615)	$ (6,626)	$ (90,337)
Items not affecting cash
Amortization	258	250	2,363
Accretion	0	0	2,530
Loss on disposal of equipment	0	0	7
Issuance of shares as compensation	0	0	316
Stock-based compensation	116	4,113	18,864
Unrealized foreign exchange	0	(80)	(89)
Net change in non-cash working capital
Decrease (increase) in accounts receivable	(51)	64	(141)
Increase (decrease) in deposits and prepaid amounts	133	46	(444)
Increase (decrease)in accounts payable, accrued liabilities and due to related parties	23	(1,259)	1,690
Net Cash Provided by (Used in) Operating Activities	(2,136)	(3,492)	(65,241)
Cash flows from financing activities
Proceeds received on exercise of options	17	0	36
Funding provided by NovaGold on the completion of the Plan of Arrangement	0	0	40,000
Funding provided and expenses paid by NovaGold	0	0	61,256
Repayment of notes payable	0	0	(24,000)
Settlement of Restricted Share Units	0	0	(329)
Net Cash Provided by (Used in) Financing Activities	17	0	76,963
Cash flows used in investing activities
Acquisition of plant & equipment	(1)	(14)	(3,242)
Acquisition of mineral properties	0	0	(4,116)
Net Cash Provided by (Used in) Investing Activities	(1)	(14)	(7,358)
Increase (decrease) in cash and cash equivalents	(2,120)	(3,506)	4,364
Cash and cash equivalents - beginning of period	6,484	22,244	0
Cash and cash equivalents - end of period	4,364	18,738	4,364
Non-cash investing and financing activities
Issuance of common shares to NovaGold to acquire NovaCopper US Inc.	0	0	27,280
Notes payable assumed on acquisition of Ambler lands	0	0	21,471
Issuance of common shares by NovaGold to acquire Ambler lands	$ 0	$ 0	$ 5,000