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Trilogy Metals Provides Update on President Trump's Executive Orders and Actions by Department of Interior Aimed at Advancing the Ambler Access Project in Alaska
TMQTrilogy Metals (TMQ) Prnewswire·2025-03-25 10:30

Core Points - Trilogy Metals Inc. is advancing the Ambler Access Project, a proposed 211-mile road to facilitate exploration and development in the Ambler Mining District, known for its rich copper-dominant polymetallic deposits [1] - Recent executive orders by President Trump aim to expedite resource development in Alaska, including the reinstatement of the right-of-way permit for the Ambler Road [2][3][4] - The Bureau of Land Management is working towards revoking public land withdrawals to support the Ambler Road project, which has received support from Alaska's political leaders [5] - The Kobuk Tribal Council has passed a resolution in support of the Ambler Road, recognizing its potential for local job creation and economic benefits [7][8] Company Overview - Trilogy Metals holds a 50% interest in Ambler Metals LLC, which owns the Upper Kobuk Mineral Projects in northwestern Alaska, located in a highly prospective copper-dominant district [10] - The Ambler Mining District hosts world-class polymetallic deposits, including the Arctic VMS deposit and the Bornite carbonate replacement deposit, covering approximately 190,929 hectares [10] - The company aims to develop the Ambler Mining District into a leading North American copper producer while respecting local subsistence lifestyles [10]