Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($) $ in Thousands	Aug. 31, 2026	Nov. 30, 2025
Cash and cash equivalents	$ 146,386	$ 110,143
Term deposits	197,000	5,000
Other assets (Note 6)	6,384	2,344
Current assets	349,770	117,487
Investment in Donlin Gold (Note 5)	222,853	213,202
Other assets (Note 6)	663	5,224
Assets	573,286	335,913
Accounts payable and accrued liabilities	5,264	1,981
Accrued payroll and related benefits	2,316	2,656
Other liabilities (Note 8)	279	301
Current liabilities	7,859	4,938
Promissory note (Note 7)	177,506	166,296
Other liabilities (Note 8)	666	885
Liabilities	186,031	172,119
Common shares	2,548,762	2,251,741
Contributed surplus	140,097	136,690
Accumulated deficit	(2,276,558)	(2,199,591)
Accumulated other comprehensive loss	(25,046)	(25,046)
Equity, Attributable to Parent	387,255	163,794
Liabilities and Equity	$ 573,286	$ 335,913

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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