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NovaGold Resources Inc. is a precious and base metals exploration company. The Company's segments include Exploration and Corporate. The Exploration segment explores for and develops gold mineral properties in the United States. The Corporate segment engages in formulation of future plans, evaluation of property acquisitions and divestitures, development of mineral properties, project funding, stakeholder management, corporate administration, treasury functions, and legal matters to pursue opportunities within the Corporation's core competencies, which include strategic planning, growth management and execution.