Trilogy Metals Inc is engaged in the exploration, development and acquisition of mineral properties such as zinc, copper, silver, gold and cobalt.
The company primarily focuses on Upper Kobuk Mineral Projects (UKMP) in northern Alaska, which is one of copper dominant polymetallic properties. In 2020, the company formed a joint venture with South32 Ltd to advance the Bornite and Arctic and Bornite project. As part of the agreement, the company holds 50 per cent interest in Ambler Metals. In addition, Trilogy contributed all of its assets associated with UKMP project.
The mining company claims to be working on the Ambler project since 2004. The Ambler Mining District is reportedly home to diversified mining operations.
In 2011, the firm signed a pact with NANA Regional Corporation Inc and acquired Red Dod mine, a zinc high grade property in 427,690-acre of land across the polymetallic belt in the region.
Trilogy also claims to provide a framework of development at the Upper Kobuk Mineral Projects in Amber Mining districts and aims to advance these projects with a sustainable approach.
The Upper Kobuk Mineral Projects is covered in a land package of 427,690 acres.
The Arctic project comprises copper-zinc-lead-gold-silver volcanogenic massive sulfide and the Bornite project consists of copper-cobalt carbonate replacement.
Apart from Bornite and Arctic, the mineral development company also has several exploring properties such as Sunshine, South Cliff, Horse-Cliff, Snow, Nora, Tom and BT, wherein the firm is looking for high-grade deposits.
The company says that the UKMP properties hosts two distinct mineralization belts. Devonian Ambler Schist Belt hosts Dead Creek, Sunshine, Arctic, Horse-Cliff, and Smucker deposits.
The Devonian Bornite sequence hosts sedimentary carbonate mineralization across the Ambler lowlands.
Volcanogenic Massive Sulfide consists of two properties, namely Sun and Smucker deposits.
The company, founded in 2004, was formerly known as NovaCopper Inc. It is listed for trading on TSX and NYSE American Exchange.
The Arctic project is reportedly considered as one of the world’s largest high-grade copper deposits with 5 per cent copper equivalent grading. The property, located in Fairbanks, Alaska, hosts deposits of copper, zinc, lead, gold and silver.
It is an open-pit polymetallic mine that utilizes conventional mining method and has an estimated capacity of 10,000 tons per day.
The Bornite project is located approximately 25 kilometers to the southwest of the Arctic Project in Alaska. It consists of carbonate-hosted copper-cobalt deposits with high-grade deposits located in north, northeast and south of three drill holes, namely RC13-224, RC13-231 and RC13-220.