Source: NOVAGOLD RESOURCES INC.

NovaGold First Quarter 2011 Financial Results and Webcast

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2011) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) will release its first quarter financial results on Wednesday, April 13 to be followed by a conference call and webcast on Thursday, April 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

The webcast will be archived on NovaGold's website for one year and the conference call will be available for replay until April 28, 2011 by calling 1-866-583-1035 and entering passcode 8108041. A transcript of the call will also be available for download on NovaGold's website.

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 two core properties, Donlin Creek and Galore Creek, with the objective of becoming a low-cost million-ounce-a-year gold producer, and offers superior leverage to gold 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 NovaGold and Barrick Gold U.S. Inc. The Galore Creek project in British Columbia, a large copper-gold-silver deposit, is held by a partnership owned equally by 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.

Contact Information: NovaGold Resources Inc.
Rhylin Bailie
Director, Communications & Investor Relations
604-669-6227 or 1-866-669-6227
info@novagold.net
www.novagold.net