Novagold Resources Inc.

Thank you for standing by. This is the conference operator. Welcome to the NOVA Gold Second Quarter 2026 Financial Results Conference Call and Webcast. As a reminder, all participants are in listen-only mode and the content is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. You will hear a tone acknowledging your request. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Webcast viewers may submit questions through the text box in the lower right corner of the webcast frame. I would now like to turn the conference over to Melanie Hennessey, Vice President, Corporate Communications. Please go ahead.

Good morning, everyone. We are pleased that you have joined us for NOVA Gold's 2026 second quarter webcast and conference call and for an update on the Donlon Gold project. On today's call, we have Novogold's President and CEO Greg Lang and Peter Adamek, Novogold's Vice President and CFO. At the end of the webcast, we will take questions by phone and by email. Additionally, we will respond to those received throughout the call. I would like to remind you, as stated on slide three, any statements made today may contain forward-looking information, such as projections and goals, which are likely to involve the risk detail in our various EDGAR and CEDAR filings, and forward-looking disclaimers included in this presentation. With that, I will now turn the presentation over to Novigold's President and CEO, Greg Lang. Greg?

Thank you, Melanie. Why Novigold? I think it's useful to reflect on the value created through the company's long-term commitment to advancing the Donlon Gold Project. Over the past two decades, extensive drill programs have significantly expanded Donlon's reserves and resources. A key milestone for the company occurred in 2008, 2010, when Electrum and Paulson Okay, major shareholders, a position they hold to this day. The company successfully advanced permitting for the Donlon Gold Project, representing an important step in its development. About a year ago, Dover Gold, in partnership with Paulson, acquired Barrick's interest in the Donlon Gold Project. For the first time, In 13 years, the company went back to the markets to fund the purchase of its increased stake in Donlon Gold, the bankable feasibility study, and repay the promissory note to Barrick. This transaction simplified the ownership structure and unlocked meaningful value for shareholders. These events, combined with the project's attributes of scale, and many of our shareholders view NOVA Gold as an unexpired warrant on an ounce of production. On slide six, the chart illustrates the post-tax net present value at a variety of gold prices. With the gold price currently over $4,000 an ounce, This reflects a value of over $50 billion at a zero discount rate, or about $20 billion at a 5% discount rate. This projection underscores the substantial economic potential of the Donlon Gold project in the current market environment. As highlighted on slide seven, Donlon Gold is positioned to become one of the biggest annual producers in the world with a projected output averaging over a million ounces a year throughout its 27-year mine life. Looking at slide eight, Donlon Gold hosts approximately 40 million ounces of measured and indicated resources at an average grade of two and a quarter grams per ton, which is more than double the industry average. Projects, scale, grade, and long life position it to perform strongly across a wide range of gold market cycles. Moving to slide nine, we believe there are significant exploration opportunities beyond the defined resources in the ACMA and Lewis Pits. as illustrated in the graphic in the upper right hand corner. These resources cover only three kilometers of an approximate eight kilometer gold bearing trend, which is only a small portion of our overall land package. This underscores the substantial potential to increase our reserves and significantly extend the mine life through further exploration. Slide 10. outlined Donland Gold's current permitting status and underscores the advantages of its location in Alaska, the second largest gold-producing state in the U.S. Alaska has a well-established regulatory framework and an emphasis on responsible resource development. It provides a stable and supportive foundation for long-term mining operations. To date, Ongoing collaboration with state and federal agencies have been constructive regulatory decisions affirming the rigor of the review process. We continue to support the state of Alaska in defending the Clean Water Act Section 401 certification, which is the only remaining challenge at the state level. Oral arguments were heard on June 3rd, and we anticipate a decision within a year In federal litigation, U.S. District Court in Alaska directed the Corps of Engineers and the Bureau of Land Management to supplement the current EIS and analyze a larger hypothetical tailings release. It's important to remember that all permits remain in place while the litigation is ongoing. The Corps of Engineers and cooperating agencies will review and prepare the draft supplemental EIS, which is anticipated to be published in September of this year. Moving to slide 11, we highlight a quote from Governor Mike Dunleavy, who expressed strong backing for responsible resource development in Alaska, including the Donlon Gold Project. We appreciate his advocacy, look forward to continuing an open and constructive communication with him and his team. On slide 12, we highlight our longstanding collaboration and ongoing engagement with Chalista and TKC, whose roles as private landowners and owners of the mineral rights are integral to Donland's success. Their shared commitment to responsible development helps support job creation, long-term economic opportunity, and the Preservation of Cultural Heritage in the YK Region, all grounded in deep local knowledge and stewardship. Moving to slide 13. In May, we released our 2025 Sustainability Report, which reflects our ongoing commitment to environmental stewardship, strong safety performance and broader social responsibilities that are embedded in the project. Novogold also takes pride in maintaining strong governance practices across all aspects of board oversight and governance. Moving over to slide 14, Novogold is supported by a seasoned management team with a proven track record in mine development throughout the Americas. This is further strengthened by the Donlon Gold Project Execution Team led by Frank Arques, along with contractors like Floor, WSP, Worley, and Hatch. They all bring extensive experience and position Donlan to advance efficiently, responsibly, and with a strong focus on project execution. I will now turn the call over to our CFO, Peter Adamek, to discuss our second quarter financial results. Peter?