Trilogy Metals Advances Ambler Access Project with Federal Permits, Bolstering Alaska's Critical Minerals Development

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) has achieved a significant regulatory milestone with the issuance of federal right-of-way permits for the Ambler Access Project, a 211-mile industrial road intended to connect Alaska's Dalton Highway to the Ambler Mining District. This decision, resulting from a presidential directive under the Alaska National Interest Lands Conservation Act, provides essential federal authorizations that enable the company to proceed with engineering updates, construction planning, and new funding avenues. According to Trilogy's CEO, Tony Giardini, the execution of these permits represents a pivotal milestone for both the Ambler Road and the State of Alaska, emphasizing the project's role in advancing the region's industrial and economic expansion.

The Ambler Mining District, part of the Upper Kobuk Mineral Projects, is recognized as one of the world's richest and most prospective copper-dominant districts, hosting world-class polymetallic volcanogenic massive sulphide deposits containing copper, zinc, lead, gold, and silver, as well as carbonate replacement deposits with high-grade copper and cobalt mineralization. Exploration efforts have concentrated on two primary deposits within the district: the Arctic VMS deposit and the Bornite carbonate replacement deposit, both situated on a land package spanning approximately 190,929 hectares. The district's development is managed through Ambler Metals LLC, a joint venture in which Trilogy holds a 50% interest, with the other 50% owned by South32, a globally diversified mining and metals company that exercised its option to form the joint venture in December 2019.

Giardini highlighted that the Ambler Mining District has the potential to strengthen the United States' ability to secure domestic supplies of copper and other critical minerals essential to national defense, energy infrastructure, advanced manufacturing, and the rapid growth of AI data centers. This aligns with broader efforts to enhance America's mineral independence and global clean energy supplies, positioning Alaska as a focal point for resource development. The project's progress is supported by an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation, which provides a framework for exploration and potential development in cooperation with local communities, aiming to protect and respect subsistence livelihoods while fostering economic growth.

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