Share capital (Tables)

9 Months Ended

Aug. 31, 2015

Schedule of Common Shares Issued and Outstanding [Table Text Block]

	in thousands of d ollars, except share amounts
	Number of shares	Ascribed value
		$
November 30, 2013	53,066,656	104,895
Exercise of NovaGold Arrangement Options	46,929	631
NovaGold Performance Share Units	14,166	28
Private placement	6,521,740	5,068
Restricted Share Units	492,501	929
Deferred Share Units	154,373	282
November 30, 2014	60,296,365	111,833
Issued pursuant to the Sunward Arrangement	43,116,312	22,851
Exercise of options	7,499	7
Restricted Share Units	795,368	819
Deferred Share Units	119,139	180
August 31, 2015, issued and outstanding	104,334,683	135,690

Schedule of Stock Options, Valuation Assumptions [Table Text Block]

	August 31, 2015
Risk-free interest rates	0.41%
Exercise price	CAD $0.50 - 0.62
Expected life	3.0 years
Expected forfeiture rate	0%
Expected volatility	59.1 - 59.5%
Expected dividends	nil

Schedule of Stock Options Activity [Table Text Block]

			August 31, 2015
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	1,741,666		1.11
Granted	1,728,350		0.47
Exercised	(33,333	)	0.47
Forfeited	(200,000	)	0.92
Balance – end of period	3,236,683		0.71

Schedule of Disclosure of Stock Options Outstanding [Table Text Block]

		Stock options - outstanding		Stock options - exercisable		Unvested
					Weighted
			Weighted		average
	Number of	Weighted	average exercise	Number of	exercise	Number of
	outstanding	average years	price	exercisable	price	unvested
Range of price	options	to expiry	$	options	$	options
$0.38 to $0.99	3,181,683	4.17	0.69	1,882,773	0.70	1,298,910
$1.00 to $1.51	55,000	2.67	1.51	45,000	1.51	10,000
	3,236,683	4.14	0.71	1,927,773	0.72	1,308,910

Schedule of NovaGold Arrangement Options Activity [Table Text Block]

			August 31, 2015
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	721,415		5.06
Forfeited	(4,356	)	4.48
Expired	(186,954	)	2.97
Balance – end of period	530,105		4.89

Schedule of NovaGold Arrangement Stock Options Outstanding [Table Text Block]

		Out standing and exercisable
			Weighted average
	Number of outstanding	Weighted average	exercise price
Range of price	options	years to expiry	$
$2.82 to $3.99	49,998	1.58	2.97
$4.00 to $5.99	295,071	0.91	4.99
$6.00 to $6.59	185,036	0.90	6.29
	530,105	0.97	4.89

Schedule of Sunward Arrangement Options Activity [Table Text Block] [Text Block] [Table Text Block]

		August 31, 2015
		Weighted average
		exercise price
	Number of options	$
Balance – beginning of period	-	-
Options exchanged pursuant to Sunward Arrangement	2,505,000	0.82
Balance – end of period	2,505,000	0.82

Schedule of Sunward Arrangement Stock Options Outstanding [Table Text Block]

	Out standing and exercisable
			Weighted average
	Number of outstanding	Weighted average	exercise price
Range of price	options	years to expiry	$
$0.54 to $0.99	1,998,000	0.05	0.49
$1.00 to $1.99	67,500	0.05	1.20
$2.00 to $6.27	439,500	0.05	2.24
	2,505,000	0.05	0.82

Schedule of Unit Plans and Changes Activity [Table Text Block]

	Number of RSUs		Number of DSUs
Balance – beginning of period	337,336		838,350
Granted	458,032		263,952
Vested/paid	(795,368	)	(119,139	)
Balance – end of period	-		983,163

Schedule of Warrants, Activity [Table Text Block]

			Weighted average
	Number of	Weighted average	exercise price
	Warrants	years to expiry	$
Balance – beginning of period	6,521,740	3.85	1.60
Balance – end of period	6,521,740	3.85	1.60