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Trilogy Metals Inc.

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Summary

Project:

Upper Kobuk

Deposit:Bornite
Location:United States
Commodities:Copper-Cobalt
Date:11/19/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-11-2018: Trilogy Metals Inc. announces an Exploration/Drilling Update report for its Bornite deposit at the Upper Kobuk project. Drilling results incl. 38.3m @ 1.12% Cu from 813.70m. November 19, 2018 - Vancouver, British Columbia – Trilogy Metals Inc.
Resources:
CP/QP:[Overall Report]: Andrew West (Internal)
ABSTRACT:November 19, 2018 - Vancouver, British Columbia – Trilogy Metals Inc. (TSX/NYSE American: TMQ) ("Trilogy Metals” or the “Company”) is pleased to announce the second set of copper and cobalt assay results from the 2018 summer exploration diamond drilling program at the Bornite Project, a part of the Company’s Upper Kobuk Mineral Projects (“UKMP”) located in the Ambler Mining District of Northwest Alaska. Assay results from these three holes comprise approximately 2,888 meters from the 10,123-meter drill campaign. Two of the three drill holes contain significant copper mineralization and were designed as infill and extension holes to the 300 to 400 meter step-out holes drilled by the Company’s previous round of drilling completed in 2017. On August 23, 2018, the Company announced initial assay results from the first drill hole, RC18-0247, from the Bornite Project. Subsequently, on October 9, 2018, the Company announced additional assay results for four drill holes (RC18-0243, RC18-0244, RC18-0246 and RC18-0247). Rick Van Nieuwenhuyse, President and CEO of Trilogy Metals commented, “Out of the two dozen holes that reached target depth that we drilled during the 2017 and 2018 programs, only one - hole RC18-0250, didn’t hit significant mineralization. All the other holes intersected good grades over potentially mineable widths. In addition, we continue to see a significant cobalt component to the mineralization. We are still exploring for the edges of this Mount Isa/Central African Copper belt look-alike system.” “Furthermore, I would also like to congratulate Governor-elect Michael Dunleavy. The Governor-elect held his first press conference at the Alaska Miners Annual Convention where he emphasized that ‘Alaska was open for business’ and that he ‘Wants to see more mines in Alaska’. We look forward to working with Governor-elect Dunleavy, and his administration, to permit and finance the Ambler Mining District Industrial Access Road and to advance the Arctic and Bornite Projects towards production.”

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