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Trilogy Metals Inc.

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Summary

Project:

Upper Kobuk

Deposit:Bornite
Location:United States
Commodities:Copper-Cobalt-Silver-Zinc
Date:12/4/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing PEA
Report details:4-12-2017: Trilogy Metals Inc. announces an Exploration/Drilling Update report for its Bornite deposit at the Upper Kobuk project. Drilling results incl. 26.14m @ 1.46% Cu, 201ppm Co, 0.31ppm Ag, 0.01% Zn from 892.73m. December 4, 2017 - Vancouver, Britis
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Andrew W. West (Internal)
ABSTRACT:December 4, 2017 - Vancouver, British Columbia – Trilogy Metals Inc. (TSX, NYSE American: TMQ) (“Trilogy Metals” or the “Company”) is pleased to announce additional results from this summer’s 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. The recently completed 2017 Bornite exploration program included a total of 9 drill holes comprising 8,437 meters. Note that due to inclement weather, two holes (RC17-241 and 242) were stopped before reaching target depth and cemented in preparation for re-entry during the 2018 drill program. The focus of this year’s program was to target high-grade copper mineralization north and east of the previously identified resources and to define the edges of the mineralized system. Sample results from the first three holes comprising 3,083 meters of the then in-progress drill campaign were released on September 18, 2017 (https://Trilogy PR Sep 18 2017). The initial three drill holes showed thick and continuous intervals of copper mineralization and represented up to 300 meter off-sets from the Company’s last round of drill holes completed in 2013, which shows that the Bornite mineralized system continues to significantly expand. Results from 4 further drill holes (RC17-237; 238w; 239; and 240), comprising 4,321 meters and representing 300 to 400 meter off-sets from the first three drilled holes, continue to show significant intervals of high-grade copper. (See Figures 1 through 3 for cross sections of the Bornite Project drilling and Figure 4 for a map of the 2017 drill holes). This year’s drilling is also showing strong northwest and northeast mineralization not previously recognized. (See Figure 5 - Grade Thickness Map).

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