Disseminated on behalf of Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) and may include paid advertising.
Trilogy Metals’ (NYSE American: TMQ) (TSX: TMQ) CEO Tony Giardini recently sat down for a chat about Ambler Road with Rick Van Nieuwenhuyse, Chair of Valhalla Metals. “The Ambler Road is a 211-mile industrial-use-only road connecting Alaska’s Dalton Highway to the Ambler Mining District. The road is a key piece of infrastructure that enables the exploration and development of the Ambler Mining District,” reads an article discussing this. “The conversation began with both executives talking about the history of the Ambler area and the efforts to secure road access. It then moved to the recent news of the federal government’s decision under Section 1106 of the Alaska National Interest Lands Conservation Act (‘ANILCA’), which grants the permits for the Ambler Road… This move by the U.S. administration unlocks one of the richest mineral districts in the country, which is home to the Arctic and Bornite deposits. President Trump also directed all relevant agencies to promptly grant and finalize all permits needed to ensure the area may be accessed for economic, mining, industrial, and commercial purposes… In regards to the Presidential approval, Giardini called it more than a permit and said it’s really a legislatively backed pathway to unlock the district. Giardini continued to speak on how this area of Alaska is known for exceptional metal grades and the diversity of the different metals there, such as copper, zinc, cobalt, and precious metals.”
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About Trilogy Metals Inc.
Trilogy Metals is a metal exploration and development company which holds a 50% interest in Ambler Metals LLC, which has a 100% interest in the Upper Kobuk Mineral Projects in northwestern Alaska. On Dec. 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. 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 world-class polymetallic volcanogenic massive sulphide (“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’s 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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