Trilogy Metals Announces 2019 Program and Budgets for the Upper Kobuk Mineral Projects

 
 

VANCOUVER, BC - Trilogy Metals Inc. President and CEO Rick Van Nieuwenhuyse, said, "2018 was a busy and successful year for Trilogy and we expect more of the same for 2019. This is the last year of the South32 Option Agreement and we look forward to working with South32 to execute this year's program. With the Bureau of Land Management (BLM) plan to complete a Draft Environmental Impact Statement (EIS) on the Ambler Access Road (AMDIAP) by the summer and a Final EIS by the end of the year, investors can count on several very significant catalysts in the year ahead. Trilogy is well financed to advance our Arctic and Bornite projects and we look forward to keeping investors informed of our progress."

In April 2017, Trilogy Metals entered into an Option Agreement to form a Joint Venture with South32 on the Company's Upper Kobuk Minerals Projects located in the Ambler Mining District of Northwest Alaska. The Company will continue to advance engineering and environmental work in 2019 in support of completing a feasibility study and preparing the Arctic Project for permitting. Specifically, the Company will undertake with additional hydrological and geotechnical work at the site along with water management, tailings facility and waste rock containment analysis and design. Additional metallurgical test work to verify ore hardness and grinding characteristics will be carried out on material from the project. The Company expects to complete the feasibility study in the first half of 2020.

The company’s address is 1150, 609 Granville Street, Vancouver, BC V7Y 1G5, (604) 638-8088, trilogymetals.com.