Trilogy Metals Secures $35.6 Million Federal Investment to Accelerate Upper Kobuk Mineral Exploration
TL;DR
Trilogy Metals gains strategic advantage with $35.6 million government investment and restored Ambler Access Project permits to secure America's critical mineral supply chain.
Trilogy Metals will use the $35.6 million investment and restored road permits to accelerate exploration and development of copper, zinc, cobalt, and lead deposits in Alaska.
This partnership strengthens America's domestic mineral supply chain, supporting technology and energy systems while respecting local communities and subsistence livelihoods in Alaska.
Trilogy Metals is developing one of the world's richest copper districts in Alaska's Ambler Mining District, containing high-grade copper, zinc, cobalt, and precious metals.
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Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) has achieved two significant developments that will substantially advance mineral exploration in northwestern Alaska's Ambler Mining District. The company received a $35.6 million investment from the U.S. Department of War through the Office of the Undersecretary of Defense for Acquisition and Sustainment, which grants the federal government a 10% interest in Trilogy Metals. This capital injection is designated to accelerate exploration and development efforts at the Upper Kobuk Mineral Projects.
The strategic partnership between Trilogy Metals and the Department of War underscores the critical importance of American-sourced copper, zinc, cobalt, and lead in driving national technology infrastructure, energy systems, and advanced manufacturing capabilities. This federal investment represents a significant endorsement of the Upper Kobuk Mineral Projects' potential to strengthen domestic supply chains for essential minerals that are increasingly vital for both economic and national security interests.
Simultaneously, President Donald Trump's restoration of permits for the Ambler Access Project provides crucial infrastructure support for the region's mineral development. The 211-mile industrial-use-only road will link Alaska's Dalton Highway to the Ambler Mining District, creating essential transportation access for the remote mineral-rich area. This infrastructure development, combined with the federal funding, creates a comprehensive framework for advancing mineral exploration and potential future production.
Trilogy Metals holds a 50% interest in Ambler Metals LLC, which maintains 100% interest in the Upper Kobuk Mineral Projects. The UKMP is situated within what is considered one of the world's richest and most prospective copper-dominant districts. The area hosts world-class polymetallic volcanogenic massive sulphide deposits containing copper, zinc, lead, gold and silver, along with carbonate replacement deposits that feature high-grade copper and cobalt mineralization.
Current exploration efforts concentrate on two primary deposits within the Ambler Mining District: the Arctic VMS deposit and the Bornite carbonate replacement deposit. These deposits are located within an extensive land package spanning approximately 190,929 hectares. Ambler Metals has established a cooperative framework with NANA Regional Corporation, Inc., an Alaska Native Corporation, ensuring that exploration and potential development proceeds in coordination with local communities and respects subsistence livelihoods.
The combination of federal investment and restored infrastructure permits positions the Upper Kobuk Mineral Projects to potentially become a premier North American copper production center while contributing to America's strategic mineral independence. Investors can access the latest news and updates relating to TMQ through the company's newsroom at https://nnw.fm/TMQ. The developments represent a significant step forward in domestic mineral resource development at a time when secure supply chains for critical minerals have become increasingly important for national economic and security interests.
Curated from InvestorBrandNetwork (IBN)

