 NOVAGOLD RESOURCES INC. NOVAGOLD or the Company NYSE American, TSX: NG responds to a misleading report issued on May 28, 2020 by the Beijing-based short seller J Capital Research. The Company is currently reviewing the report in detail and will provide a more fulsome response to the numerous inaccuracies and falsehoods contained in the report. It is an odd data point indeed that J Capital Research at no time sought to engage with NOVAGOLD or its partners to clarify the false assumptions it used regarding the Donlin Gold project economics. 