Nova Gold Trading Up Over 7% in Pre-Market On New Mining Project Study

Nova Gold NG is up over 7% in pre-market on the announcement that a study for a new mining project is almost completed. NovaGold Resources NG announces significant advancement towards completion of the prefeasibility study on its Galore Creek copper-gold-silver project located in northwestern British Columbia. The study is being prepared by Galore Creek Mining Corporation, owned equally by subsidiaries of NovaGold Resources and Teck Resources Limited. Read more here. The company is currently trading at $9.70.