Categories Billion Dollar Club

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) Advances Critical Mineral Development in Alaska, Positioned for a Strong 2026

Disseminated on behalf of Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) and may include paid advertising.

  • Trilogy Metals is a mineral exploration and development company focused on advancing critical mineral assets in Alaska
  • The company’s main assets are the Arctic and Bornite deposits, which are both located in the Ambler Mining District, an undeveloped and mineral-rich area in northwestern Alaska
  • 2026 is a pivotal year of progress in the Ambler Mining District, with plans for permitting, technical de-risking, long-term development, exploration, drilling, and more

Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) is advancing the exploration and development of critical mineral assets in Alaska. The company offers diversified exposure to copper, lead, cobalt, zinc, silver, and gold metals essential to global electrification and the energy transition.

The company is progressing one of the world’s most prospective undeveloped polymetallic districts, called the Ambler Mining District, located in northwestern Alaska. It has the goal and vision of responsibly developing this district and turning it into a premier domestic source of minerals, while still delivering value to both investors and local communities.

Values like trust, respect, integrity, and partnership guide the company, and it works closely with Alaskan stakeholders to ensure that the strategy is advanced in a way that is both sustainable and inclusive.

Trilogy’s two main assets within this Ambler Mining District are the Arctic Project and the Bornite Project.

The Arctic Project is one of the highest-grade copper deposits in the world, with an estimated average grade of about 5% copper equivalent. This project is at the feasibility stage, and current activities here are focused on permitting.

The Bornite Project is just southwest of Arctic and is a large-scale copper deposit that has significant upside. According to preliminary assessments, this deposit is expected to support a 6,000 tonne-per-day underground operation over a 17-year mine life and contains an estimated 6.5 billion lbs of inferred copper.

2026 is shaping up to be a pivotal year for not only Trilogy Metals, but also the Ambler Mining District as a whole.

This year, the company, through Ambler Metals (its 50/50 joint venture with South32 Limited), is focused on advancing the district toward permitting, technical de-risking, and long-term development. Exploration activities in 2026 will focus mainly on the Arctic Project and will include geotechnical and condemnation drilling to support infrastructure placement, mine design, and future production planning.

Ambler Metals is also preparing the Bornite Project for continued exploration, with plans to open the Bornite camp during the 2026 summer field season to support exploration drilling, general camp maintenance, and targeted capital improvements. Concurrently, Ambler Metals intends to re-establish an independent management team dedicated to advancing the next phase of development across the district, with a focus on executing technical programs, advancing drill campaigns, planning critical infrastructure, and strengthening community engagement. 

In parallel, the joint venture will continue evaluating opportunities for early-stage funding to support the Ambler Access Project (Ambler Road), a proposed 211-mile industrial-use road connecting the Ambler Mining District to the Dalton Highway, which would significantly enhance access and enable broader exploration and development across the district.

For more information, visit www.TrilogyMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to Trilogy Metals are available in the company’s newsroom at ibn.fm/TMQ

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Lacey@GCS

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