Vancouver, BC V7Y 1G5
Contact Us: Patrick Donnelly
Visit Us: www.trilogymetals.com
Tweet Us: @Trilogy_Alaska
About Trilogy Metals
Trilogy Metals Inc. holds a 50 percent interest in Ambler Metals LLC which owns the Upper Kobuk Mineral Projects (“UKMP”) which are in the Ambler Mining District of northwest Alaska. The two flagship assets within the UKMP are the Arctic copper-zinc-lead-gold-silver project and the Bornite copper-cobalt project.
In August 2020, Trilogy announced the feasibility study results for the Arctic project which is estimated to have an after-tax NPV8% of $1.1 billion and an IRR of 27% producing approximately 155 million pounds of payable copper at a cash cost (including by-product credits) of $0.32/lb. The Bornite project contains approximately 6.4 billion pounds of copper and 77 million pounds of cobalt.
In early 2020, Trilogy formed a 50/50 joint venture with South32 Ltd. which contributed $145 million for their 50% interest in the UKMP.