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Novagold Resources (TSX:NG) Reserves - Probable (K) : 0.00 (As of . 20)


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What is Novagold Resources Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Novagold Resources's Reserves - Probable (K) or its related term are showing as below:

TSX:NG's Reserves - Probable (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Novagold Resources Reserves - Probable (K) Historical Data

The historical data trend for Novagold Resources's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Novagold Resources Reserves - Probable (K) Chart



Novagold Resources  (TSX:NG) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.


Novagold Resources Reserves - Probable (K) Related Terms

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Novagold Resources (TSX:NG) Business Description

Traded in Other Exchanges
Address
201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.