Exploration On Claims Commences Outside The UKMP

VANCOUVER - Trilogy Metals Inc. has staked three blocks of claims outside of the Upper Kobuk Mineral Projects (UKMP) in northwestern Alaska. All three claim blocks, which are 100 percent owned by Trilogy, are strategically located along the route of the proposed Ambler Access Road and are prospective for Arctic-type volcanogenic massive sulphide ("VMS") deposits. The claims were staked earlier this year and in August the Company carried out a preliminary reconnaissance of the claims.

The three claim blocks: 1) West Kobuk claims – 23,680 acres (approx. 9,583 hectares) abutting the western end of the UKMP and covering the projection of the Ambler schist belt, 2) Helpmejack claims – 19,520 acres (approx. 7,900 hectares) covering part of the Ambler schist belt, and 3) Malamute claims – 12,480 acres (approx. 5,050 hectares) covering an area adjoining the Roosevelt project area.

The three areas were identified by a systematic target generation study using publicly available geoscientific data from the State of Alaska as well as privately obtained historical exploration reports. Results of the reconnaissance program are being compiled and will be used to prepare a plan and budget for the 2022 field season.

Tony Giardini, President and CEO, said, "While Trilogy is focused on the oversight of our primary asset, the UKMP which is being managed by Ambler Metals LLC, the joint venture company equally owned by Trilogy Metals and South32, the Company has used its exploration expertise to add some early-stage, high-quality projects to its portfolio.  Given our relationships and significant technical experience within the Ambler Mining District, we decided to stake some prospective ground in our backyard. We believe that these projects, which have low holding costs, have potential to add value to our shareholders."