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Trilogy Metals Inc.
Summary
| Project: | Upper Kobuk | |
|---|---|---|
| Deposit: | Arctic | |
| Location: | United States | |
| Commodities: | Copper-Silver-Gold-Lead-Zinc | |
| Date: | 1/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 16-1-2018: Trilogy Metals Inc. announces an Exploration/Drilling Update report for its Arctic deposit at the Upper Kobuk project. Drilling results incl. 31.11m @ 1.58% Cu, 2.84% Zn, 0.69% Pb, 0.38g/t Au, 30.79g/t Ag from 167.34m. January 16, 2018 - Vancou | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew W. West (Internal) | |
| ABSTRACT: | January 16, 2018 - Vancouver, British Columbia – Trilogy Metals Inc. (TSX/NYSE American: TMQ) (“Trilogy Metals” or the “Company”) is pleased to announce additional in-fill drill results and provide a project update from its 2017 summer field program at the Arctic poly-metallic volcanogenic massive sulphide (“VMS”) deposit, part of the Upper Kobuk Mineral Projects (“UKMP") located in the Ambler mining district of Northwest Alaska. All amounts are in United States dollars unless otherwise stated. The 2017 Arctic field program included 785.2 meters of diamond drilling to collect representative sample material to conduct bulk ore sorting studies for the Arctic deposit. An additional 273.8 meters of sonic drilling was completed to collect geotechnical, hydrological, geothermal, and hydrogeological information for the tailings management facilities and waste rock dump for the project in support of the upcoming Pre-Feasibility Study (“PFS”). The PFS results are anticipated to be released in Q1 2018. “These results from large diameter drill holes continue to demonstrate that Arctic is an exceptional copper-zinc rich deposit. Further engineering and environmental work completed this summer will support completion of the Arctic Pre-feasibility Study by the end of Q1, 2018. TSX/NYSE American Symbol: TMQ 2 Trust | Respect | Integrity We expect this study will demonstrate that Arctic is one of the highest grade, open pitable copper deposits in the world. And it is located in a mining friendly jurisdiction in the United States where both our shareholders and stakeholders will be able to reap the benefits of our efforts. Meanwhile, the Alaska Industrial and Export Authority (“AIDEA”) continues to advance permitting of the Ambler Mining District Industrial Access Project with the scoping process set to be finalized by the end of January”, stated Rick Van Nieuwenhuyse, President and CEO of Trilogy Metals. | |
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