With over 20 years of experience in corporate finance, capital markets, financial reporting, tax, and information technology in the mining sector, Peter Adamek brings a wealth of knowledge to his role as CFO at NOVAGOLD. Prior to joining the company, he held senior management positions at Hudbay Minerals Inc., showcasing his expertise in operations and finance. His background in equity research and audit practice further solidifies his qualifications for the role.
“I am pleased to welcome Peter Adamek to the NOVAGOLD team,” said Greg Lang, President and Chief Executive Officer. “Peter brings a wealth of corporate and operations experience that will be key for the Company and the next stage of development at the Donlin Gold project.”
About NOVAGOLD
NOVAGOLD is a well-financed precious metals company with a focus on developing the Donlin Gold project in Alaska. With a significant amount of gold in its resource categories, the Donlin Gold project is positioned as one of the largest and most promising open-pit gold deposits globally. The expected production levels and mine life further highlight the potential of this project, making it a pivotal asset for the company’s growth.
Additional Insight
It’s worth noting that Peter Adamek’s diverse background in electrical engineering, finance, and accounting positions him as a versatile leader in the mining industry. His ability to navigate complex financial structures and drive operational efficiency will be instrumental in NOVAGOLD’s continued success. As the company moves forward with the Donlin Gold project, Adamek’s strategic acumen will play a crucial role in achieving operational milestones and maximizing shareholder value.
NOVAGOLD Contact:
Mélanie Hennessey
Vice President, Corporate Communications
604-669-6227 or 1-866-669-6227
Cautionary Note Regarding Forward-Looking Statements
This media release contains forward-looking statements that reflect the company’s goals and potential development plans for the Donlin Gold project. It’s important to consider the inherent risks and uncertainties associated with such statements, including regulatory challenges, financial factors, and geopolitical influences. Monitoring the progress of the Donlin Gold project against these factors will be critical for investors and stakeholders.
1 Donlin Gold data as per the report entitled “NI 43-101 Technical Report on the Donlin Gold Project, Alaska, USA” with an effective date of June 1, 2021 (the “2021 Technical Report”) and the report titled “S-K 1300 Technical Report Summary on the Donlin Gold Project, Alaska, USA” (the “S-K 1300 Report”), dated November 30, 2021. For detailed resource and reserve estimates, please refer to the official reports.
