09 July, 2010

NovaGold (NG) Announced The Appointment Of Dr. Marc Faber To Its Board of Directors

NovaGold Resources Inc. (NG) today announced the appointment of Dr. Marc Faber and Mr. Igor Levental to its Board of Directors.

Dr. Faber has over 35 years of experience in the finance industry and is the Managing Director of Marc Faber Ltd., an investment advisory and fund management firm. He is an advisor to a number of private investment funds and serves as a Director of Ivanhoe Mines and Sprott Asset Management.

Dr. Faber publishes a widely read monthly investment newsletter entitled The Gloom, Boom & Doom Report and is the author of several books including Tomorrow's Gold - Asia's Age of Discovery. A renowned commentator on global market trends and developments, he is also a regular contributor to several leading financial publications around the world, including Barron's, where he is a member of the Barron's Roundtable. Dr. Faber received his PhD in Economics magna cum laude from the University of Zurich.

in www.marketwatch.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.