NG

Novagold Resources Inc.

A pre-revenue gold exploration company whose sole asset is the Donlin Gold project in southwest Alaska, a deposit expected to become the largest single gold mine in the U.S. if developed. The company began in 1984 in Dartmouth, Nova Scotia, as NovaCan Mining Resources, then renamed itself NOVAGOLD by fusing "Nova" for Nova Scotia with "gold." It produces no gold itself—it has spent its years drilling, permitting, and studying this remote deposit near the Kuskokwim River.