Mr. Greg Lang reports

SAVE THE DATE: NOVAGOLD 2023 SECOND QUARTER FINANCIAL RESULTS RELEASE, CONFERENCE CALL AND VIDEO WEBCAST

Novagold Resources Inc. will release its second quarter 2023 financial results after market close on June 27, 2023. A conference call and video webcast to discuss these results will take place June 28, 2023, at 8 a.m. PT (11 a.m. ET).

During the webcast, Novagold's president and chief executive officer, Greg Lang, and chief financial officer, David Ottewell, will provide a summary of the company's second quarter financial results and an update on the Donlin gold project.

Questions may be submitted prior to the call at info@novagold.com. There will also be an opportunity to ask questions during the webcast following the presentation.

The video webcast and conference call-in details are provided below.

Video webcast:  at the Novagold website

North American callers:  1-800-319-4610

International callers:  1-604-638-5340

The webcast will be archived on Novagold's website for one year. For a transcript of the call, please see the Novagold website for a download or e-mail info@novagold.com.