Trilogy Metals Reports Third Quarter 2019 Financial Results

- October 9th, 2019

Base metals company Trilogy Metals announced its financial results for the third quarter ended August 31, 2019.

Trilogy Metals (TSX:TMQ,NYSEAMERICAN:TMQ) announced its financial results for the third quarter ended August 31, 2019.

As quoted from the press release:

  • Strong working capital position of $23.2 million and cash on hand of $26.9 million.
  • Public release of the Ambler Mining District Industrial Access Project or Ambler Road draft Environmental Impact Statement by the United States Bureau of Land Management.
  • Geotechnical drilling completed at Arctic for feasibility level studies with the goal of completing the feasibility study in the first half of 2020.
  • Exploration drilling substantially completed during the quarter at Bornite.
  • Regional exploration completed at the Sunshine prospect.

Click here to view the full press release.

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