NovaGold Second Quarter 2011 Financial Results and Webcast

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/06/11 -- NovaGold Resources Inc. (TSX: NG)(NYSE Amex: NG) will release its second quarter financial results on Wednesday, July 13, to be followed by a conference call and webcast on Thursday, July 14, at 8:30am PST (11:30am EST).

Webcast            http://www.novagold.net/

Dial-in details    North America: 1-866-212-4491
                   International: 416-800-1066

Listeners will be able to ask questions by phone and also online. The webcast will be archived on NovaGold's website for one year and the conference call will be available for replay until July 28, 2011, by calling 1-866-583-1035 and entering passcode 2633103.

About NovaGold

NovaGold is a precious metals company engaged in the exploration and development of mineral properties in Alaska, U.S.A. and British Columbia, Canada. The Company is focused on advancing its Donlin Creek and Galore Creek properties with the objective of becoming a low-cost million-ounce-a-year gold producer, and offers superior leverage to gold and copper with one of the largest reserve/resource bases of any junior or mid-tier gold company. NovaGold has a strong track record of expanding deposits through exploration success and forging collaborative partnerships, both with local communities and with major mining companies. The Donlin Creek project in Alaska, one of the world's largest undeveloped gold deposits, is held by a limited liability company owned equally by wholly-owned subsidiaries of NovaGold and Barrick Gold Corporation. The Galore Creek project in British Columbia, a large copper-gold-silver deposit, is held by a partnership owned equally by wholly-owned subsidiaries of NovaGold and Teck Resources Limited. NovaGold also owns a 100% interest in the high-grade Ambler copper-zinc-gold-silver deposit in northern Alaska and has other earlier-stage exploration properties. NovaGold trades on the TSX and NYSE-AMEX under the symbol NG. More information is available at www.novagold.net or by emailing info@novagold.net.

Contacts:

NovaGold Resources Inc.

Ariadna Peretz

Investor Relations

604-669-6227 or 1-866-669-6227
info@novagold.net
www.novagold.net