- Trilogy holds a 50% interest in Ambler Metals LLC, advancing the high-grade Upper Kobuk Mineral Projects (“UKMP”) in Alaska’s Ambler Mining District
- The Arctic deposit hosts 46.7 million tonnes of probable reserves grading 2.11% copper, supported by a 2023 feasibility study with a $1.5 billion pre-tax NPV
- Recent Preliminary Economic Assessment at Bornite outlines resources with the potential to extend mining operations at the UKMP beyond 30 years
Global demand for critical minerals is rising sharply as electrification, renewable energy, and emerging technologies accelerate. Copper has become central to this transition, with demand projected to outpace supply for decades. Many producing mines are seeing grades decline, while new projects often face long development timelines. As a result, high-grade resources in stable jurisdictions have become increasingly valuable for securing future supply chains.
Against this backdrop, Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) is positioned as a key North American developer. The company, through its 50/50 joint venture with South32, controls the Upper Kobuk Mineral Projects (“UKMP”) in Alaska’s Ambler Mining District, considered one of the richest…
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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