Trilogy Metals Announces the 2021 Program and Budgets for the Upper Kobuk Mineral Projects and the New Leadership Team for the Joint Venture

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[{"type":"text","content":"\n \n \n \n Trilogy Metals Announces the 2021 Program and Budgets for the Upper Kobuk Mineral Projects and the New Leadership Team for the Joint Venture\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 19, 2020\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 19, 2020\n \n /CNW/ -\n \n Trilogy Metals Inc.\n \n (TSX: TMQ) (NYSE American: TMQ) (\"Trilogy\" or the \"Company\") is pleased to announce that 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 2021 program and budget of approximately\n \n $27 million\n \n for the advancement of the Upper Kobuk Mineral Projects (\"UKMP\") located in Northwestern Alaska. The budget is 100% funded by Ambler Metals and is expected to be confirmed by the NANA Oversight committee on\n \n December 3\n \n , 2020. Trilogy is also pleased to introduce the new leadership team for the joint venture. All amounts are in US dollars.\n \n \n \n Highlights of the 2021 Program\n \n \n \n \n \n Approximately\n \n $27 million\n \n budget fully funded by Ambler Metals\n \n \n \n \n 7,600 meters of infill and metallurgical drilling at the Arctic Project\n \n \n \n \n 7,000 meters of exploration drilling focused on drill-ready targets along the Ambler Volcanogenic Massive Sulphide (\"VMS\") Belt\n \n \n \n \n Engineering activities focused on getting the Arctic Project ready for permitting\n \n \n \n \n Permitting efforts focused on submission of the Federal 404 permit application in the second half of 2021\n \n \n \n \n Program will be managed by an experienced leadership team\n \n \n \n \n \n Arctic Project\n \n \n \n Activities at the Arctic Project will focus on an additional 7,600 meters of drilling which will have the dual purpose of extracting additional material for metallurgical work and for the conversion of mineral resources into the measured category. The metallurgical program that is associated with this drilling will support variab...

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