Novagold drilling

NovaGold Resources has started drilling the first of two deep holes on its Fifteen Mile Stream property in Halifax Cty., N.S. The first hole is targeted for a depth of 1,600 ft and the second will go to 2,000 ft. The company expects to intersect the Plenty zone at a vertical depth of 1,350 ft in order to increase the potential of the property. A third drill has also been moved onto the property in order to extend the strike length of the zone.