Trilogy Metals Announces Mineral Resource Update for the Arctic Deposit

Trilogy Metals Inc. (TSX, NYSE-MKT: TMQ) (“Trilogy Metals” or “the Company”) is pleased to announce its Mineral Resource estimate on its high-grade copper deposit at Arctic as of April 25, 2017.
As quoted in the press release:

Rick Van Nieuwenhuyse, President and CEO of Trilogy Metals commented, “We are very pleased to see that in-fill drilling of the Arctic open pit has demonstrated both continuity and expansion of the known mineralization and successfully upgraded Inferred resources to the Indicated classification.  The updated resource has resulted in a 50% increase in the Indicated tonnes containing approximately 40% more metal when compared to the previous resource estimate in the marketplace.  Furthermore, the resource is not sensitive to cut-off grade or metal prices at the ranges investigated, since a 300% increase in cut-off grade results in less than a 1% decrease in contained metal at higher average grades.  That is a robust deposit.”
Mr. Van Nieuwenhuyse continued, “In combination with recently completed structural, hydrological, geotechnical and metallurgical work, we are well poised to kick-off the 2017 plan and budget, and complete a Pre-Feasibility study on Arctic in Q1 of 2018.”

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