Trilogy Metals Welcomes Federal Transfer of Dalton Utility Corridor Lands to the State of Alaska, Highlights Positive Implications for Ambler Mining District

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VANCOUVER, BC, May 7, 2026 /CNW/ - Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) ("Trilogy Metals", "Trilogy" or the "Company") today welcomed the U.S. Department of the Interior's ("DOI") decision to transfer approximately 1.4 million acres of federal land within Alaska's Dalton Utility Corridor to the State of Alaska, marking a significant step toward advancing responsible resource development in the Ambler Mining District. The land transfer is part of a broader series of federal actions affecting the corridor, centered on the issuance of Public Land Order 7966, which partially revoked Public Land Order 5150 ("PLO 5150"). Originally established in the early 1970s, PLO 5150 created a utility and transportation corridor – a protected strip of federal land intended to support development of the Trans-Alaska Pipeline and the Dalton Highway. By withdrawing millions of acres from public entry and state selection, PLO 5150 reduced the potential for conflicting land claims during infrastructure development. Recent policy changes have now reopened portions of the corridor to selection, facilitating the conveyance of these lands to the State of Alaska to help satisfy its remaining entitlements under the Alaska Statehood Act, and enabling Alaska to assume ownership and management of significant portions of the corridor. "This is an important and constructive development for Alaska and for the future of domestic mineral production," said Tony Giardini, President and CEO of Trilogy. "Transferring these lands to state control helps create a more stable and predictable framework for infrastructure development, including projects like the Ambler Road, which is critical to unlocking the significant mineral potential of the Ambler Mining District." The Dalton Utility Corridor has long been recognized as a strategic infrastructure route, paralleling existing energy and transportation systems such as the Trans-Alaska Pipeline and Dalton Highway. The corridor also overlaps with the proposed Ambler Road (or Ambler Access Project), a 211-mile, industrial-use-only road from the Ambler Mining District to the Dalton Highway designed to provide access to potentially one of the most prospective undeveloped mineral belts in North America, rich in copper, cobalt, zinc, and other critical minerals. By shifting management of these lands from federal agencies to the Sta...

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