- H.J. Res. 106 is designed to overturn the Central Yukon Resource Management Plan (“RMP”), a plan that has locked up 13 million acres of public land in Alaska
- The Ambler Access Project is a proposed 211-mile, industrial-use-only road that would connect Trilogy Metals’ Upper Kobuk Mineral Projects to the Dalton Highway
- These key policy moves to reverse land restrictions and advance the Ambler Road permit mark major inflection points for Trilogy Metals
A wave of policy changes at the federal level has delivered two major developments that could unlock value for Trilogy Metals (NYSE American: TMQ) (TSX: TMQ). First, the U.S. House of Representatives passed a resolution to overturn restrictive land designations in central Yukon, opening up millions of acres previously locked from development (ibn.fm/3YK2M). Second, federal executive action has advanced the proposed Ambler Access Road in Northwest Alaska, a long-sought industrial corridor that Trilogy has noted is essential to accessing its mining assets in the Ambler Mining District (ibn.fm/iF662). Together, these moves reduce key regulatory obstacles for Trilogy Metals and sharpen the prospects for its copper-dominant polymetallic projects.
H.J. Res. 106 was introduced by Alaska Representative Nick Begich and passed earlier this month. The legislation is designed to overturn the Central Yukon Resource Management Plan (“RMP”), a plan finalized under the Biden Administration that had locked up more than 13 million acres of public land in…
NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at ibn.fm/TMQ
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