- 50% joint venture interest in Ambler Metals, which controls Alaska’s high-grade Upper Kobuk Mineral Projects in one of the richest copper-dominant districts globally
- $24.6 million in cash as of May 31, 2025, with Base Shelf Prospectus and $25 million ATM Program in place for future funding flexibility
- Ongoing development of Arctic and Bornite deposits, backed by agreements with local Alaska Native Corporation for collaborative exploration
Copper’s Strategic Role in Energy Transition
Global demand for copper is set to rise sharply over the next decade as electrification, grid modernization, and renewable energy accelerate. The International Energy Agency estimates that copper demand from clean energy technologies will more than double by 2040, driven by upgraded transmission infrastructure, and the buildout of electric vehicles, and wind and solar capacity.
A High-Grade, Copper-Dominant District
Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) holds a 50% interest in Ambler Metals LLC, a joint venture with South32 Limited, a globally diversified mining company. Ambler Metals owns 100% of the Upper Kobuk Mineral Projects (“UKMP”) in northwestern Alaska’s Ambler Mining District, a region…
NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at ibn.fm/TMQ
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