Anthony Walsh Joins the Board of Directors of NovaGold
NovaGold Resources Inc. (TSX, NYSE-AMEX: NG)
("NovaGold��� or "the Company���) is pleased to
announce the appointment of Mr. Anthony P. Walsh to NovaGold's
Board of Directors, effective immediately.
Mr. Walsh has over twenty-five years of
leadership experience in the mining industry where he held such senior
positions as President and Chief Executive Officer of Miramar Mining
Corporation, which in 2007 was sold to Newmont Mining Company, President and
Chief Executive Officer of Sabina Gold and Silver Corporation and Senior Vice
President and Chief Financial Officer of International Corona Corporation.
Prior to joining the industry, he had a twelve-year
tenure with Deloitte, Haskins & Sells, where he earned his Charted
Accountant designation. Mr. Walsh currently serves on several Boards of
Canadian exploration and development companies.
"On behalf of the Board of Directors, I would
like to welcome Tony to NovaGold,��� said Thomas Kaplan, Chairman of the Board. "He is a proven builder
of shareholder value, which is the primary objective of this company. His
successful experience in taking companies with major exploration and
development projects in North America along the value chain will be
particularly valuable as NovaGold enters the
permitting phase for its Alaska-based flagship Donlin
Gold project, one of the largest and highest-grade known open-pit gold deposits
in the world.���
Mr. James Philip recently resigned from the Board for
personal reasons. The Board wishes him all the best in his future endeavors and
expresses its appreciation for his contribution to NovaGold
where he served as a Director since 2003.
NovaGold is a precious metals company engaged in the exploration and development
of mineral properties primarily in Alaska, U.S. and British Columbia, Canada.
The Company is focused on advancing its 50%-owned flagship property, Donlin Gold, one of the world's largest known undeveloped
gold deposits, which offers superior leverage to gold. NovaGold
is also committed to maximizing value of its non-core assets with the spinout
of the Ambler copper-zinc-gold-silver deposit in Northern Alaska into NovaCopper and the sale of the Galore Creek
copper-gold-silver project. NovaGold has a strong
track record of forging collaborative partnerships, both with local communities
and with major mining companies.
Vice President, Corporate
Ariadna D. Peretz
Analyst, Investor Relations