NovaGold Resources Inc. (AMEX: NG) (TSX: NG) has entered an agreement to acquire a 100% interest in the Ambler property in northern Alaska. The Ambler property is host to a high grade copper-zinc-gold-silver Arctic deposit. The property is spread out over 36,670 hectares of Federal patented and unpatented mining claims as well as the State of Alaska mining claims. The Arctic deposit is the most advanced of all deposits located on the property, which is located about 290km southeast of Red Dog Mine, the largest zinc mine in the world.
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About NovaGold
NovaGold is a growth-focused precious metals company engaged in the exploration and development of mineral properties in North America. The Company has a portfolio of mineral properties located in Alaska, USA, and British Columbia, Canada. The Company's largest projects are being advanced with major mining companies.
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