NOVAGOLD Reports Successful Completion of the Public Comment Period for the Donlin Gold Draft Environmental Impact Statement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 1, 2016) -NOVAGOLD RESOURCES INC. (TSX:NG)(NYSE MKT:NG) is pleased to announce that the Donlin Gold draft Environmental Impact Statement (EIS) public comment period has been successfully completed. Permitting for Donlin Gold began in 2012 and has been governed by the National Environmental Policy Act with the U.S. Army Corps of Engineers (Corps) acting as the lead agency.
Since the commencement of the public comment period in November 2015, the Corps has conducted 17 meetings in communities across the Yukon-Kuskokwim region and in Anchorage. These meetings were an opportunity for the Corps to present an overview of the draft EIS, which evaluates the potential environmental, social and economic impact of the proposed project and alternatives, while also providing a platform for residents to ask questions and provide their own input into the process. The Corps will review and respond to all comments on the draft EIS in a final EIS, which the Corps anticipates will be published in 2017.
"Successful completion of the public comment period represents a key milestone as we take Donlin Gold up the value chain for the benefit of all of the project's stakeholders," said Greg Lang, NOVAGOLD's President and Chief Executive Officer. "I would like to extend my sincere appreciation to all the individuals who participated in multiple public meetings and submitted valuable comments to the Corps. The involvement and input by the local communities further strengthens Donlin Gold's objective of being a model development project, environmentally and socially responsible as well as offering a unique opportunity to ensure a prosperous future for the Yukon-Kuskokwim region and the broader state of Alaska for many decades to come."
Keeping local residents engaged and informed has been a fundamental value of NOVAGOLD from the start. Donlin Gold is located on private land, designated for mining. Mineral rights at the Donlin Gold project were specifically selected by the Calista Corporation (Calista) and the surface estate by The Kuskokwim Corporation (TKC) during the Alaska Natives Claims Settlement Act (ANCSA) of 1971, for their shareholders to have the opportunity to benefit from the property's mineral development and ultimately, production. For over two decades, the Company has worked hand-in-hand with local stakeholders to develop a project that brings long-lasting benefits to the region, while upholding a commitment to responsible development. From our constructive partnerships with Calista and TKC, to actively engaging with local communities as well as working closely with State and Federal regulators, the Company has built and maintained excellent working relationships that continue to be the foundation for the ongoing and successful progress of the Donlin Gold project.