Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) is strategically positioned to benefit from tightening copper supply-demand fundamentals. With a 50% interest in one of North America’s richest undeveloped copper districts, high-grade resources, stable jurisdiction, and a strong joint venture partnership provide a solid foundation for future development. “The company’s prudent cash management, combined with flexible capital-raising tools through its Base Shelf Prospectus and ATM Program, enhances its ability to fund project advancement while minimizing dilution,” reads a recent article. “As the global energy transition continues to reshape commodity markets, the combination of grade, jurisdiction, and scale at the Upper Kobuk Mineral Projects underscores Trilogy’s potential role in meeting the world’s growing copper needs.”
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About Trilogy Metals Inc.
Trilogy Metals is a metal exploration and development company which holds a 50% interest in Ambler Metals LLC, which has a 100% interest in the Upper Kobuk Mineral Projects in northwestern Alaska. On Dec. 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District, which is one of the richest and most-prospective known copper-dominant districts in the world. It hosts world-class polymetallic volcanogenic massive sulphide (“VMS”) deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits, which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 190,929 hectares. Ambler Metals has an agreement with NANA Regional Corporation Inc., an Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler Mining District in cooperation with local communities. Trilogy’s vision is to develop the Ambler Mining District into a premier North American copper producer while protecting and respecting subsistence livelihoods.
NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at https://ibn.fm/TMQ
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