Legal Disclaimer

This website is owned and operated by Donlin Gold LLC (“Donlin Gold”), in conjunction with its project owners NOVAGOLD Resources Inc. (“NOVAGOLD”) and Donlin Gold Holdings LLC (collectively, the “Companies”). All materials that appear on this website are the property of Donlin Gold and/or the Companies and are copyrighted by the respective entity. No use of this information is permitted without prior written consent. Donlin Gold updates the information on this website regularly; however, such information is not intended to be a comprehensive review of all matters and developments concerning the Donlin Gold project or the Companies. Donlin Gold cannot guarantee the accuracy, currency, or completeness of the information at all times and assumes no responsibility in this regard, except as required by law. By using this website, you acknowledge that you have reviewed and understand the disclaimers set forth herein.

Website Content

The information on this website is not intended to modify, qualify, supplement, or amend information disclosed under securities legislation of any jurisdiction applicable to Donlin Gold or the Companies and should not be used for the purpose of making investment decisions. Public disclosure documents for NOVAGOLD are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Printed copies may be requested directly from the respective companies.

All stock quotes and historical stock price data (if applicable) are provided by third-party service providers and are provided for informational purposes only. Stock quotes may be delayed and are not intended for trading purposes. Neither Donlin Gold nor the Companies make any representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data.

Donlin Gold shall not be liable for internet software, computer viruses, or destructive programs that may be downloaded from this website or linked third-party websites. Links to third-party websites are provided as a convenience only, and Donlin Gold does not monitor, endorse, or accept any responsibility for such websites.

Cautionary Note Regarding Forward-Looking Statements

This website and the documents posted on this website contain forward-looking statements or information within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995 concerning anticipated results and developments in our operations in future periods, planned exploration activities, permitting, the adequacy of financial resources, and other events or conditions that may occur in the future. These forward-looking statements may include statements regarding the perceived merit of properties, permitting, shareholder returns, exploration results and budgets, mineral reserves and resource estimates, work programs, anticipated timing of updated reports and/or studies, capital expenditures, operating costs, cash flow estimates, production estimates, and similar statements relating to the economic viability of the Donlin Gold project, timelines, strategic plans, completion of transactions, market prices for precious and base metals, or other statements that are not statements of fact. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable, and assumptions of management. Statements concerning mineral resource estimates may also constitute “forward-looking statements” to the extent that they involve estimates of the mineralization that will be encountered if the property is developed.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, identified by words or phrases such as “expects”, “continue”, “ongoing”, “is expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives”, “potential”, “possible” or variations thereof or stating that certain actions, events, conditions or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are based on a number of material assumptions, including those listed below, which could prove to be significantly incorrect:

Our ability to achieve production at the Donlin Gold mineral property;
Estimated capital costs, operating costs, production, and economic returns;
Estimated metal pricing, metallurgy, mineability, marketability, and operating and capital costs, together with other assumptions underlying resource and reserve estimates;
Expected ability to develop adequate infrastructure and that the cost of doing so will be reasonable;
Assumptions that all necessary permits and governmental approvals will be obtained and retained, and the timing of such approvals;
Assumptions made in the interpretation of drill results, geology, grade, and continuity of mineral deposits;
Expectations regarding demand for equipment, skilled labor, and services needed for exploration and development of mineral properties;
Activities will not be adversely disrupted or impeded by development, operating, or regulatory risks;
Expectations regarding the timing and outcome of state and federal permit appeals and litigation that have been issued or brought concerning the project; and
Ability to advance ESG initiatives and objectives.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation:

Uncertainty of whether there will ever be production at the Donlin Gold project;
Risks related to co-ownership and joint venture structures upon which project activities depend;
History of losses and expectation of future losses;
Risks related to the ability to finance the development of the project through external financing, strategic alliances, or otherwise;
Uncertainty of estimates of capital costs, operating costs, production, and economic returns;
Commodity price fluctuations and risks related to general economic conditions;
Risks related to third parties on which project exploration and development activities depend;
Risks related to opposition from non-governmental organizations or civil society;
The risk that permits and governmental approvals necessary to develop and operate mines on the property will not be available on a timely basis, subject to reasonable conditions, or at all;
Risks and uncertainties relating to the interpretation of drill results, geology, grade, and continuity of mineral deposits;
Uncertainty as to the outcome of potential or ongoing litigation and permit appeals;
Risks related to the inability to develop or access infrastructure required to construct and operate the property;
Uncertainty related to title to mineral properties and land agreements;
Mining and development risks, including equipment breakdowns, labor disputes, or unanticipated interruptions;
Competition in the mining industry and governmental regulation/environmental laws;
Risks related to information technology systems and cyber security; and
Risks related to the effects of global climate change on operations.

Scientific and Technical Information:

Paul Chilson, P.E., Mine Engineering Manager for NOVAGOLD and a “qualified person” under National Instrument 43-101 (NI 43-101), has reviewed and approved the scientific and technical information regarding the Donlin Gold project contained on this website. Scientific and technical disclosure on this website is supported by the “NI 43-101 Technical Report on the Donlin Gold Project, Alaska, USA” dated November 30, 2025, issued and addressed to NOVAGOLD Resources Inc.

Forward-looking statements are based on the beliefs, expectations, and opinions of management on the date the statements are made, and Donlin Gold and the Companies do not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations, or opinions should change, except as required by law. Investors should not place undue reliance on forward-looking statements.

Cautionary Note to United States Investors

United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable.

Non-Solicitation

This website is not intended as a solicitation or offering of securities in any jurisdiction, and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada, the United States, or any other country or jurisdiction has in any way passed upon this information, and no representation or warranty is made by Donlin Gold or the Companies to that effect.