- TMQ recently secured a $35.6 million strategic investment from the American Department of War to speed up development at the Upper Kobuk Mineral Projects (“UKMP”) in Alaska
- President Donald Trump issued a decision to grant permits for the Ambler Access Project, making the development of domestic critical mineral assets possible
- These strategic developments underscore Trilogy’s pivotal role in America’s minerals strategy, supporting the country’s national security and energy objectives
- These updates help advance Trilogy’s mission to strategically develop Alaska’s world-class mineral district, in addition to protecting the environment and empowering local communities
Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) is making significant progress in its efforts to boost America’s local supply chain for essential minerals. The company recently announced two major milestones: President Donald Trump’s restoration of permits for the Ambler Access Project, a 211-mile industrial-use-only road linking Alaska’s Dalton Highway to the Ambler Mining District, and a crucial $35.6 million investment from the U.S. Department of War.
The U.S. Department of War’s investment, through the Office of the Undersecretary of Defense for Acquisition and Sustainment, will grant the government a 10% interest in Trilogy Metals. The funding will help accelerate exploration and development efforts at the…
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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