Ambler Metals, Trilogy Metals' JV Company, Hosts Site Visit for Doyon Region Tribal Chiefs and NANA Region Tribal Presidents

Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy", "Trilogy Metals" or "the Company") announces that on August 12, 2022 Ambler Metals LLC ("Ambler Metals"), the joint venture operating company equally owned by Trilogy and South32 Limited (ASX: S32) (LSE: S32) (JSE: S32) (ADR: SOUHY) ("South32"), hosted a site visit for Chiefs from the Doyon region and NANA region tribal leadership.

Ambler Metals' full news release is below.

Learning Together While Building Trusted Relationships

Ambler Metals Hosts Doyon Region Tribal Chiefs and NANA Region Tribal Presidents

August 12, 2022    Anchorage, Alaska   As part of exploration efforts to develop its sizable holdings in the Ambler Mining District in Alaska , Ambler Metals is investing in one of its most important partnerships; the surrounding communities of the Arctic and Bornite project sites. Recently Ambler hosted a site visit for Chiefs from the Doyon region and NANA region tribal leadership.

The site visit provided an excellent opportunity for open dialogue and fostered important discussions related to the project's positive impact throughout local economies. Tribal leaders were able to experience first-hand a wide variety of work that is being conducted by shareholders and expand their understanding of the long-term benefits of workforce development spanning exploration, construction, operations, reclamation, and closure.

"One of our core values is respect – for people, the land, the culture and the environment," says Ramzi Fawaz , President and CEO, Ambler Metals.

"There is no better way to learn from one another than to spend time in conversation, listening, gaining knowledge from the long-time stewards of the land, and working together toward common goals."

The tribal leaders held a private roundtable discussion in conjunction with the site visit. Their future engagement and input will help significantly shape the project so that the land and people of the region can continue to thrive in traditional ways, while bringing new economic opportunities to the area. The project has the potential to provide hundreds of jobs throughout its lifetime, lower transportation costs of fuel and other supplies, and fund essential government services in a remote region of the Arctic.

"One of the main economic pillars of our region's economy is based around responsible resource development," says Ely Cyrus , President of the Kiana tribe.

"As President of the tribe in Kiana , I feel it is important to work together as tribal leaders. Conversations such as this have the potential to inform and empower our tribes on ways to provide a path for employment for our people and is a forum for our voices to be heard on the importance of subsistence resources and lands," adds Cyrus.

"There are tremendously positive takeaways from this site visit, and I would like to extend my sincere appreciation to the tribal Chiefs and Presidents from both regions for sharing their expertise and expanding our relationships," says Fawaz.

From the Doyon region: Chief Harding Sam – Alatna; Chief Lawrence Williams Allakaket ; and Chief Wilmer Beetus Hughes .

From the NANA region: President Miles Cleveland – Ambler; Gena Linus (council member) – Kobuk ; President Fred Sun Shungnak ; President Ely Cyrus Kiana ; and Linda Lee Shungnak .

About Trilogy Metals

Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC, which has a 100 percent interest in the UKMP in northwestern Alaska . On December 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 181,387 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.

Cautionary Note Regarding Forward-Looking Statements

This   press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the development of the Company's projects or land holdings and the potential economic impact and benefits that may result from such development, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the uncertainties involving   whether the Alaska Industrial Development and Export Authority will build the Ambler Access Project; the results of the   additional supplemental work on the FEIS   resulting from the voluntary remand; the impact of the COVID-19 pandemic; success of exploration activities, permitting timelines, requirements for additional capital, government regulation of mining operations, environmental risks,  prices for energy inputs, labour, materials, supplies and services, uncertainties involved in the interpretation of drilling results and geological tests, unexpected cost increases and other risks and uncertainties disclosed in the Company's Annual Report on Form 10-K for the year ended November 30, 2021 filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

Cision View original content: https://www.prnewswire.com/news-releases/ambler-metals-trilogy-metals-jv-company-hosts-site-visit-for-doyon-region-tribal-chiefs-and-nana-region-tribal-presidents-301606240.html

SOURCE Trilogy Metals Inc.

Cision View original content: https://www.newswire.ca/en/releases/archive/August2022/16/c7187.html

News Provided by Canada Newswire via QuoteMedia

TMQ:CA,TMQ
The Conversation (0)
Top 5 Canadian Mining Stocks This Week: Group Eleven Surges 69 Percent on Assay Results

Top 5 Canadian Mining Stocks This Week: Group Eleven Surges 69 Percent on Assay Results

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

The US Federal Reserve met on Tuesday (May 6) and Wednesday (May 7) for the third time in 2025. Ultimately, the committee decided to maintain its benchmark rate in the 4.25 to 4.5 percent range that was last set in November 2024.

Fed Chair Jerome Powell cited balance in the central bank’s dual mandate of price stability and maximum employment, but noted that the Trump administration's tariffs have been more aggressive than anticipated. This was a prime factor in the Fed's rate decision — officials are waiting for more data on how tariffs will affect inflation and employment.

Keep reading...Show less
Spools of copper wires laying on their side.

7 Copper ETFs and ETNs

There’s more than one way to invest in copper. In addition to buying shares of copper stocks, investors can gain exposure through copper exchange-traded funds (ETFs) or copper exchange-traded notes (ETNs).

For the uninitiated, ETFs are securities that trade like stocks on an exchange, but track an index, commodity, bonds or a basket of assets like an index fund. In the case of base metal copper, there are various options — an ETF can track specific groups of copper-focused companies, as well as copper futures contracts or even physical copper.

ETNs also track an underlying asset and trade like stocks on an exchange, but they are more like bonds — they are unsecured debt notes issued by an institution, and can be held to maturity or bought and sold at will. The main disadvantage to be aware of is that investors risk total default if an ETN’s underwriter goes bankrupt.

Keep reading...Show less
Empire Metals

Empire Metals

Keep reading...Show less
Golden globe with a wireframe design, set against a gradient geometric background.

Lundin Mining Declares Filo del Sol a "Generational" Discovery, One of the World's Largest

Lundin Mining (TSX:LUN,OTC Pink:LUNMF) has released an initial resource estimate for the Filo del Sol sulfide deposit, as well as updated resources for the Filo del Sol oxide deposit and the Josemaria deposit.

Held in a 50/50 joint venture between Lundin and BHP (ASX:BHP,NYSE:BHP,LSE:BHP), the Argentina-based assets are collectively referred to as the Vicuña resource. The new data reportedly makes Vicuña one of the world's largest copper, gold and silver resources, and places it among the top 10 copper resources worldwide by size.

"Filo del Sol has been one of the most significant greenfield discoveries in the last 30 years and an amazing journey for all those that have been involved," said Lundin Mining President and CEO Jack Lundin in a press release.

Keep reading...Show less
Seesaw with "demand" outweighing "supply," symbolizing economic imbalance.

Copper Crunch: China's Stockpiles Depleting, US Demand Rising

Copper prices are being pushed skyward as China's stockpiles sit on the verge of depletion and as US demand for the red metal surges, fueled by looming trade restrictions under the Trump administration.

According to Mercuria, the market is undergoing “one of the greatest tightening shocks” in its history.

“At the current pace of draws, those Chinese inventories could deplete (to zero) by the middle of June,” Nicholas Snowdon, head of metals and mining research at the commodities trading house, told the Financial Times.

Keep reading...Show less
White Cliff Minerals

175m @ 2.5% Copper from 7.6m, Hole Ends in 4.46% Copper & Open at Depth Danvers Drilling Delivers a Globally Significant Copper Intersection

White Cliff Minerals Limited (“WCN” or the “Company”) (ASX: WCN; OTCQB: WCMLF) is pleased to announce further assay results from the reverse circulation drilling campaign at the Company’s 100% owned Rae Copper Project in Nunavut, Canada.

Keep reading...Show less

Latest Press Releases

Related News

×