This article has been disseminated on behalf of Trilogy Metals and may include a paid advertisement.
- Trilogy Metals CEO Tony Giardini discussed the Ambler Road, also known as the Ambler Access Project, that links the Dalton Highway to the Ambler Mining District.
- Interview touched on the granting of the road permits, what makes this part of Alaska so special, and the timeline of the work.
- Giardini also commented on the federal equity stake in Trilogy, upcoming key milestones for the company, and his thoughts on the most important metals for the economy and national security.
Tony Giardini, the CEO of Trilogy Metals (NYSE American: TMQ) (TSX: TMQ), a mineral exploration and development company, recently sat down for a chat about the Ambler Road with Rick Van Nieuwenhuyse, Chair of Valhalla Metals.
The Ambler Road is a 211-mile industrial-use-only road connecting Alaska’s Dalton Highway to the Ambler Mining District. The road is a key piece of infrastructure that enables the exploration and development of the Ambler Mining District.
The conversation began with both executives talking about the history of the Ambler area and the efforts to secure road access. It then moved to the recent news of the federal government’s decision under Section 1106 of the Alaska National Interest Lands Conservation Act (“ANILCA”), which grants the permits for the Ambler Road.
This move by the U.S. administration unlocks one of the richest mineral districts in the country, which is home to the Arctic and Bornite deposits. President Trump also directed all relevant agencies to promptly grant and finalize all permits needed to ensure the area may be accessed for economic, mining, industrial, and commercial purposes.
In regards to the Presidential approval, Giardini called it more than a permit and said it’s really a legislatively backed pathway to unlock the district. Giardini continued to speak on how this area of Alaska is known for exceptional metal grades and the diversity of the different metals there, such as copper, zinc, cobalt, and precious metals.
Later in the chat, Giardini was asked about the Department of War’s 10% equity investment in Trilogy. He said that it was massive for not only the company, but also the district in general, as federal involvement brings validation to the importance of the project, creates stability, mitigates long-term risks, and shows how important these metals are to both the economy and national security.
Giardini was also asked about the key upcoming milestones for Trilogy, and he responded by saying that these include finalizing the road development plan, securing funding for the initial construction, and resuming project activities at the Ambler Mining District
When asked about the current and projected market dynamics, Giardini highlighted copper’s role as the backbone of energy infrastructure. He also added that cobalt and zinc are going to be crucial for batteries and storage technologies.
The conversation ends with Giardini stating he’s excited about the exploration potential of the district, and that he looks forward to seeing the road advance in a meaningful fashion.
About Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ)
Trilogy Metals Inc. is a mineral exploration and development company, with a focus on advancing critical mineral assets in Alaska. The company has the vision of responsibly developing the Ambler Mining District into a source of important minerals, while also delivering value to shareholders and local communities.
For more information, visit www.TrilogyMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at ibn.fm/TMQ
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