BRIEF-Novagold Resources continues to see spending of about $25 mln in 2016

Mon Jun 27, 2016 5:59pm EDT
 
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June 27 (Reuters) - Novagold Resources Inc:

* Novagold Resources Inc in 2016 continue to expect to spend approximately $25 million

* Qtrly loss per share $0.03

* With $112 million in cash and term deposits at end of Q2, have sufficient capital to advance Donlin gold through permitting Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)