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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. The other flagship asset is their Bornite project. In early 2020, Trilogy Metals, Inc., formed a 50/50 joint venture with South32, Ltd. Currently, the company has a treasury of approximately US$12 million and a market capitalization of US$267.8 million and are listed on the TSX and NYSE.