– CANADA, Vancouver – Novagold Resources Inc. (NYSE: NG | TSX: NG) today announced the nomination of Dr. Elaine Dorward-King to the proposed Board of Directors to be presented for election at the Annual Meeting of Shareholders on May 14, 2020.
“On behalf of the Board of Directors, I am delighted that Elaine has agreed to join Novagold if elected by the shareholders,” said Dr. Thomas Kaplan, Chairman of the Board. “Her election will further strengthen the Company’s ability to implement best practices in the areas of environmental stewardship, social responsibility, corporate governance and sustainable development. Once elected by the shareholders, we look forward to her active engagement in the leadership of Novagold as Donlin Gold continues to advance up the value-chain for the benefit of all of its stakeholders.”
About Dr Elaine Dorward-King
Elaine Dorward-King is a 30-year career executive with a well-established track record of accomplishments in the fields of environmental stewardship, social responsibility, sustainability practices, and governance. Most recently, she served as an Executive Vice President of Newmont Corporation, where she was responsible for the development and implementation of corporate strategy and practice related to environmental protection, social responsibility, community relations, external affairs, government relations, and communications. Prior to her tenure at Newmont, Dr. Dorward-King worked for Rio Tinto, where she served as Managing Director of Richards Bay Minerals in South Africa and, before that, as Global Head of Health, Safety and Environment.
Dr. Dorward-King has authored numerous scientific papers, contributed to five environmental science textbooks and received numerous awards and honors for her work in advancing safety and environmental responsibility, including being named as one of the 100 Most Inspirational Women in Mining. She currently serves on the Board of Directors for Project WET, a global non-profit organization focused on water awareness education and training. Since 2014, she has served as a Board member of Resources for the Future, a preeminent environmental economics think tank, providing impartial research and policy engagement to advance environmental, energy and natural resource decision making.
Dr. Dorward-King is serving as a non-executive director on the Boards of Kenmare Resources (LON: KMR), Great Lakes Dredge and Dock (NASDAQ: GLDD), and Bond Resources (CSE: BJB).
Dr. Dorward-King graduated from Colorado State University with a Ph.D. in analytical chemistry and from Maryville College in Tennessee with a B.A. magna cum laude in chemistry, with emphasis in biology and mathematics.
About Novagold Resources
Novagold Resources is a well-financed precious metals company focused on the development of its 50%-owned Donlin Gold project in Alaska, one of the safest mining jurisdictions in the world. With approximately 39 million ounces of gold in the measured and indicated mineral resource categories, inclusive of proven and probable mineral reserves, 1 Donlin Gold is regarded to be one of the largest, highest-grade, and most prospective known open-pit gold deposits in the world. According to the Second Updated Feasibility Study, once in production, Donlin Gold is expected to produce an average of more than one million ounces per year over a 27-year mine life on a 100% basis. The Donlin Gold project has substantial exploration potential beyond the designed footprint which currently covers 1.9 miles of an approximately five-mile-long gold-bearing trend. Current activities at Donlin Gold are focused on state permitting, optimization work, community outreach and workforce development in preparation for the construction and operation of this project. With a strong balance sheet, NOVAGOLD is well-positioned to fund its share of permitting and optimization advancement efforts at the Donlin Gold project.
For more information: https://www.novagold.com
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