July 15, 2009 (FinancialWire) — NovaGold Resources Inc. (TSX: NG) announces its second-quarter loss narrowed to $4.8 million or $0.03 per share compared with $23.2 million or $0.22 per share in the prior year period, reflecting reduced exploration expense, foreign exchange gain. Second-quarter revenues plummeted to $800,000 from $2.0 million in the corresponding period in 2008. NovaGold Resources shares closed up $0.19 at $4.95 yesterday.

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