This article has been disseminated on behalf of Trilogy Metals Inc. and may include paid advertising.
Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) announced that its flagship Arctic Project in Alaska, being advanced through its 50/50 Ambler Metals joint venture with South32, has been accepted as a FAST-41 Covered Project on the Federal Permitting Dashboard, a designation intended to streamline and coordinate federal environmental review and permitting timelines for major infrastructure and critical mineral projects.
The milestone follows Ambler Metals’ recent Clean Water Act permit application filing and positions the Arctic Project as a priority domestic critical minerals development initiative, providing a defined federal permitting framework as the project advances toward the National Environmental Policy Act review process.
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About Trilogy Metals
Trilogy Metals Inc. is a metal exploration and development company holding a 50 percent interest in Ambler Metals LLC, which has a 100 percent interest in the Upper Kobuk Mineral Projects (“UKMP“) in northwestern Alaska. On December 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy Metals. 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 polymetallic 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 Metals’ vision is to develop the Ambler Mining District into a premier North American copper producer while protecting and respecting subsistence livelihoods.
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