NOVAGOLD RES INC

Ticker: NG CUSIP: 66987E206 Class: Common Stock

Telemark Asset Management, LLC's Holding History (CIK: 0001420816)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016
Shares 700,000 Value ($000) $4,284 Avg Close $5.97 Range $4.85 - $6.79
Q1 2016
Shares 300,000 Value ($000) $1,512 Avg Close $4.60 Range $3.50 - $5.57