Trilogy Metals Secures $35.6 Million Federal Investment to Accelerate Upper Kobuk Mineral Exploration

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) is making significant strides in its efforts to boost America's local supply chain for essential minerals through recent federal support and investment. 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. This strategic partnership underscores the critical role of American copper, zinc, cobalt, and lead in driving technology, energy systems, and advanced manufacturing. The funding will help accelerate exploration and development efforts at the Upper Kobuk Mineral Projects, which are located within one of the richest and most-prospective known copper-dominant districts in the world.

The Upper Kobuk Mineral Projects host world-class polymetallic volcanogenic massive sulphide deposits that contain copper, zinc, lead, gold and silver, along with carbonate replacement deposits that have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two key deposits in the Ambler Mining District: the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a substantial land package spanning approximately 190,929 hectares.

Trilogy Metals holds a 50% interest in Ambler Metals LLC, which maintains a 100% interest in the Upper Kobuk Mineral Projects. The company formed a 50/50 joint venture with South32, a globally diversified mining and metals company, following South32's exercise of its option on December 19, 2019. Ambler Metals has established 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.

The combination of restored road access through the Ambler Access Project and substantial federal investment represents a significant advancement for domestic mineral production. This development comes at a crucial time when the United States seeks to strengthen its supply chain for critical minerals essential for national security, renewable energy technologies, and advanced manufacturing capabilities. The strategic importance of these minerals extends across multiple sectors, including defense applications, electric vehicle production, and renewable energy infrastructure.

Trilogy's vision to develop the Ambler Mining District into a premier North American copper producer while protecting and respecting subsistence livelihoods aligns with broader national objectives for resource independence. The latest news and updates relating to TMQ are available in the company's newsroom at https://nnw.fm/TMQ. The full article discussing these developments can be viewed at https://nnw.fm/yu2Z0.