FAQ: Trilogy Metals Inc. and Its Premier North American Copper District

What is Trilogy Metals Inc.’s main project?

Trilogy Metals Inc. holds a 50% interest in Ambler Metals LLC, which controls the Upper Kobuk Mineral Projects in Alaska, a high-grade copper-dominant district.

Why is the Upper Kobuk Mineral Projects significant?

The Upper Kobuk Mineral Projects are located in one of the richest copper-dominant districts globally, making it a strategic asset in meeting the increasing global demand for copper, especially for clean energy technologies.

How is Trilogy Metals Inc. funded for its projects?

As of May 31, 2025, Trilogy Metals Inc. had $24.6 million in cash, with a Base Shelf Prospectus and a $25 million ATM Program in place for future funding flexibility.

What are the Arctic and Bornite deposits?

The Arctic and Bornite deposits are part of the Upper Kobuk Mineral Projects being developed by Ambler Metals, with ongoing exploration supported by agreements with local Alaska Native Corporations.

How does copper demand relate to the energy transition?

Copper demand is expected to rise sharply due to electrification, grid modernization, and renewable energy expansion, with clean energy technologies’ demand more than doubling by 2040, according to the International Energy Agency.

Who is Ambler Metals LLC?

Ambler Metals LLC is a joint venture between Trilogy Metals Inc. and South32 Limited, owning 100% of the Upper Kobuk Mineral Projects in Alaska.

Where can I find more information about Trilogy Metals Inc.?

The latest news and updates about Trilogy Metals Inc. are available in the company’s newsroom at ibn.fm/TMQ.

What is Rocks & Stocks?

Rocks & Stocks is a specialized communications platform providing insights into the mining industry, part of the Dynamic Brand Portfolio at IBN, offering extensive distribution and corporate communications solutions.