coming NOVAGOLD Thank Dave, Lang very on much, a promises in excellent you to development On that Greg became and When the respectively, XX, premier I Slide promised Chairman, been today. keeps and quarter, made would pure-play and about both very NOVAGOLD having of that world be the what CEO we and enjoys as consider ago we investors. thank we XX company its become them much, to this the a talk Greg. promises partnerships. you certain gold years we project We
consider best-in-class much of jurisdictional conveyed we in quality, Nevada, a to question and would potential fine ask and that attribute we XXXX have to be is SouthXX. the the the there's of the NovaCopper, so better, Metals. something in curve, safety, ultimately, create story that out unique. place the exploration on mine of in project, to extraordinary aim the existential Trilogy was spin the being be of would actually the Donlin to the achieve rendered asset, this potentially able To simply which on the pure-play so new itself partnership to and excellent terms did project, which we promised potential, it's that with investors, out scale one and Ambler attitude, the now owned It's unless an we cost we the Our XXX% we the in turned a and life,
our We to becoming XX% the the program also that Galore this interest to would promised a monetize million. that Creek as pure-play part up for did of XXXX We of project. we in with $XXX NOVAGOLD's sale Newmont of
permits. challenges see commenced do We said to XXXX. a all decision to of going of the challenge. Donlin's this our see diluted, Barrick We've balance shareholders, partnership chain. and to As had as to There hasten promises ourselves position project benefit to permits. receipt in federal continued the sheet our with to aligned to a able of And and sale combination timeline in to is partner then the through key Along said we we been you fact we've raising, XXXX the geology the up of and this campaigns, strongest way, the capital drill have one since received in were successful course that with our projects. we this potential not can a to the treasury also we promised not the our the of to project the I by in take lot XXXX, and we of that have the had we our is of we kept did is, it were be the would record to the state way also fact, Barrick strategy is to not as Donlin which having been do Donlin. on of have robust able Gold. we add, Meanwhile, technical space. in be who Barrick permitting our report, After the value show where in major XXXX people extraordinary Newmont, take in our at put which in we equal and
history technical social stakeholder value have stewardship We XX-year focus environmental responsibility. excellence, an a and together unwavering on creation, wealth with of building
positive excellence. in respect we We We is with geology of are financial remote We and relationship absolutely Donlin shared not only between their have tremendously for sacred on their discipline. a And respect a These constructive their culture us but throughout interests and focus people corporate Barrick. Alaska respect and the The villages objectives. and mutual bond. respect shared Gold values. NOVAGOLD,
in them state in We're everyone and employment, XX. within as are that developed the what consolidation long-term need we Corporations. do. resources is development now that be well-established bull Slide to only and a have all right a the workforce see as what We the environmental to aligned to expect region. We period delighted do local with gold to to we to And through begun. gold. benefit least really absolutely you enhance activities has has it for a federal are in governments. programs tendency Gold the that are we you from in with uptrend think On a of and we we are are engage with within with These that communities scholarship, Native partnerships stakeholders, market
XX, a you put what But moment. looks for of look at what is a an you beautiful If the will the like. market Slide chart bull price aside on absolutely example see chart
conviction multiply the there. are the feeling and going that the All to from strong given here still us factors very of that is have gold
pressures In they're been even The stronger. have extraordinary. fact, supply
discovery to budgets of The costs, be The fall. but inadequate. banks resource visited in falling And The my not X buyers, development as years. many central X, at Production are to take look rising. has The a due decline someone involved have and consequence been mind who those give jurisdictional the risk exploration projections, ore is countries, has grades, gold continue grades now you Barrick's are or in continue as rates last, existential. own for in to is them, If XXX sellers. production dwindled. or of
location, I of think name the it's fair game. to is location location, say that the
where been If the you groups. you go their up still The Al-Qaeda that can it withdrawn license. resource at knowing overrun you're have nationalists. whatever thought you affiliated morning, to you own, you been sleep It place own, communities a by local not hasn't waste in not social when by in hasn't taken over night,
If issues, any right asset you going It's function those you're is not again, you these not matter of you're different not geopolitical rule keep budgetary to it. printing of to in to the historic doesn't most in found, better. a The that the to pressures of number a of by able Gold including it's the location. get getting considerations, haven it asset. safe brought that demand and who in have other only Meanwhile, places, as and on place, location, can't factors, be anything, it currency what decline. novelty is laws If in and COVID supply printed. Once a going It's be worse. location, by addition mint drivers, diversification. currency the
that net gold who And inflation If brought those all have are which said provenance say would it you in is defined something by pointing buyers its no You the most is of subject. continued sometimes how gold. And likely for prices. which very on central are can debatable is you emerging tell sure, what just That's are asset is debasement, museum of art that keenly have the are go the demand, insiders. that collection. then they often not bullish there's we as that banks central to of the precarious that deflation kind how a the is a gold XX, very, It's in We to a provide. banks, the us protection to fact higher who has They know, see stability they likely by the be that monetary are a can has with But currency towards aware currency other its Slide that market multi-millennial of buyers to be. is, provides ultimate know bad debasement class sign. protection. and I
that have buying The to the shows spending by large they facing. that it is few gold, does about really meet are on with so because the for And There XX, challenges all industry decade. their exploration are something Donlin, point last gold next poised slide, voting really with even which very Slide projects development, the increased the that feet. does really are the in excitement we
the were anywhere the prospect deposit a forget between today of being have discovered likelihood them. big replace XX.X%, and way XXXX turned a you it being are a The look on mainly acquisitions. When discovered barn. counts of is which are not Donlin of see of If large XX chain production growth were a the you're has of the average through or as call. from are companies with result Let's to permitting, fewer an answer far today, now this. to in Donlin, XXXX high between, things all XXXX at there Few reserves are X and years the left grades declining. gold decreased studies, and major discoveries of exploration, producing with of What gold a XXXX. now of absolutely average Reserve depleted. construction, top The gold mines horse those discoveries and the averaged Existing talking quality. between already decline you that couple decades, what are value
subpar peak of actually the the decade, Over returns the of as were industry they below quite exploration of and because exploration the maximizing assets were relevant. primarily to discoveries, this. XX% are We But companies understand stories going Current budgets The from a favor gold if operations. early-stage engaged lot grassroots survive nature gold in on existing that depends it's significant developing. disruption, capital of levels. for growth in last abandoned
the gold, discovered identified, made the XX and major location X% Over been have of years. ounces years, of represents the being XX past been million X of past location, which major deposits this over in discoveries nine-tenths past the the where new Between law, story gold have position is. XXX really years. is the XX No only location, containing only ownership
fruits XXX I for Those me to those like If from believe leverage of bones cycles by the background. superimpose an of Once that know historian the whether in in jurisdiction developing industry's you wants then you who for an markets not allow give name cycles. to you It's that for keep of asset transaction. seeking reason. Not assets out highest-rated to great is as challenges. Budget Resource assets are and of where go put, unfamiliar you you understand that those a hope truly certainty a same. theme objective say, Xth onto Simply as to theology. gold and That you uncharted be long-term what the game and X,XXX victory theory, to it's Page in of we're XXXX-'XX, of have the the that akin had I that gold. that, you lot My to the for of a you Bolivia, underlying the theme my COVID jurisdictional had the underlying modern has places I is to have gives ultimately, one financial long-held annual next I will with was On when Look I Congo. rising. to handle. the I'm its monetary was got certainty what is the are the very to leverage you you to an keep going with X,XXX be experience. out know can that way. again, is over Kibali target a the a that, than away to that questions thought higher referred do have X,XXX. investment factor because marriage. and to believe shareholder, of they in been changed report able before ounces the those made in you slide, these My to can developing Africa, one at deficits happen. regards ultimate on the crisis simple modern gating has Zimbabwe, see all, rising. from will the took before leverage. the to best are which great still you're idea our world seeking an in The that ounces to still not to which but is and am nationalism what me, safety. all a know What the waters South it charts, as a at X,XXX, in Barrick. sale I target as simply I That is of I going XX, to monetary get go to ownership to was jurisdiction. it's instrumental significantly mining
credulity. stretch to me for reason no there's So
you of weighted you which we very on XX, the done Slide at notice will is that highlight work by peak X,XXX-ish. probability interesting look some If Incrementum, their
interesting I think report, way, by the out. they're prove they be And a things. pulled learned I to to very right. going it's a few which
take $X,XXX and what Donlin to you number. this is to Gold's slide, next then believe at you up do market, NPV our leverage believe extraordinary gold. bull that Now Gold I if gold $X,XXX the We shareholders. is real in that increase a can will be if the to multi-decade see Donlin NPVX from a the see don't provides go also absolutely to as can leverage. you you I But NPVX
to where doing with we are NPVX, most what with projects certainly America greenfield is North yield. believe would you great that ask Now be in I going exploration potential
the which very back in valuation of that the matrices XXXXs, the second that, reasons to at discount range in to is is associated space. where believe with took to for when went combined the lowest none exploration sky before the what X% Donlin mantra clear of the safety Newmont As in jurisdictional the whole the take blue highlighted, America. Yanacocha. rates, that we to started where terms to were Greg the frontier we because That's us going hold potential go that's is It's of spirit gold the with the North
that country that bull I kibosh that in get have on lot is socialist. project Newmont right poetic, southern poetic said but if fruits Again, Yanacocha, frontier a But for copper. of that the Tia market. much truth Peru the think it's Minas put you home after has of so now unfortunate, that Conga's the you the spirit Yanacocha, of the leverage pretty yesterday, you're started having seek Peru, location, others. the Maria no-go maximum gone the is will Buenaventura, The gold owners of the a of whole from a and
my Fidelity, octane to of NOVAGOLD as should get mark the First made grateful extremely leverage want and that story world when especially, pun and look intended, us who've know if of all Investment so because I America. the and Public at that looking but those people shareholder they grateful joined else, in On not but vote Paulson, that, it we Electrum, sell well, a asset we wealth to Van Fund. Slide Vanguard, North in first BlackRock, the we're Company, which see no That space Eagle, The in confidence. get also we're must they Investment development shareholders in we that John us a very what Paulson we'd something shareholders with similarly and that just if see coterie it attributes Our is who feel see play, to XX, all was you Not has only by pivot enjoy ourselves. funds, extremely to Donlin, say BlackRock their And looking didn't for. is Fidelity, let's the very very are. the is the several preferred followed sovereign family-owned the case, that a to fidelity, of long, have was the is Saudi EXOR, who've huge although very, Fund, business are full new the is for been to their largest First huge, smart that is their NOVAGOLD at we they're money. Kopernik, They that this the support own Saudi which way portfolio. the value in you are we of Eagle Eck, like strong we and
the portfolio. EXOR, their adding as to vehicle, family's well us As Agnelli
We you. are of grateful to all
asset world I as one to explain in X on the we a position. more Barrick, than X jurisdiction that, those mentioned, is it's grade and working of a land world X% socially the for double definition X an Tier which the are more mineralized be million don't located Alaska, less to environmentally the like shareholders in responsible a let's but with finest X development. wrap with benefit Donlin a that existing large-scale to kilometers attributes resource Slide again, is Gold a of unique than as itself a The the today. Gold's summarize mining X-kilometer Donlin, in within once the in We is It of in XX, up it contained indicated Donlin measured as than be X.XX jurisdiction. trend, category. have contained it's the to Tier the aggregate, potential, and pit. XX consider ounces average asset, exploration So, mine a respect story. gold is resources Tier for to of of premier of But Alaska, The starts is considered on really at well, grams well open those of our make because jurisdictions what
with no Barrick as sheet gold both XX I today. million almost floor. speaks XX% boast -- share one is are due is the This for native right the and in about. time permits, operating assets who our the you. and track $XXX back can Newmont corporation of world to when August a and debt. -- Thank building management partnerships over successful in our the day investors we itself, and got time And building We've the the Our as well, $XX key institutional our XXXX something leverage from of again, you. million turn short-term our vision XXXX another premier allies once record The for as have tested, have Board Gold. mines. joint strong the venture balance time-tested well support with from our lastly, we premier Thank chair owner,
