Business
Trilogy Metals Announces 2026 Program and Budget for Ambler Metals and the Corporate Budget for the Company
Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or "the Company") is pleased to announce the program and budget for Ambler Metals LLC, as well as the Company's corporate budget for 2026, reflecting a year focused on advancing the Ambler Mining District toward permitting, technical de-risking, and long-term development. All amounts are in US dollars.
About this update from South32 Ltd.
[{"type":"text","content":"VANCOUVER, BC, Dec. 17, 2025 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or "the Company") is pleased to announce the program and budget for Ambler Metals LLC, as well as the Company's corporate budget for 2026, reflecting a year focused on advancing the Ambler Mining District toward permitting, technical de-risking, and long-term development. All amounts are in US dollars.","length":460,"tagName":"p"},{"type":"text","content":"Ambler Metals LLC ("Ambler Metals"), the joint venture operating company equally owned by Trilogy and South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) ("South32"), has recently approved the 2026 program and budget totaling approximately $35 million for the advancement of the Upper Kobuk Mineral Projects ("UKMP") located in northwestern Alaska.","length":375,"tagName":"p"},{"type":"text","content":"Advancing the Ambler Mining District in 2026","length":44,"tagName":"p"},{"type":"text","content":"The 2026 work program represents a pivotal year of progress for the UKMP as Ambler Metals prepares to initiate the mine permitting process for the Arctic Project, while continuing to advance the technical and organizational foundations required for future development.","length":268,"tagName":"p"},{"type":"text","content":"The joint venture is targeting mine permit submissions in 2026, potentially leveraging federal expedited programs such as FAST-41, subject to project readiness and continued engagement with stakeholders. FAST-41 is a US federal framework designed to enhance coordination, transparency and predictability for permitting critical infrastructure projects.","length":352,"tagName":"p"},{"type":"text","content":"In parallel, Ambler Metals will advance engineering, environmental, and technical programs required to support a future final investment decision for mine construction and operations.","length":183,"tagName":"p"},{"type":"text","content":"Exploration, Drilling and Camp Activities","length":41,"tagName":"p"},{"type":"text","content":"Exploration activities in 2026 will focus primarily on the Arctic Project, including geotechnical and condemnation drilling to support mine design, infrastructure placement, and future production planning. Ambler Metals will also be preparing the Bornite Pr...