VANCOUVER, BC, Feb. 13, 2025 /PRNewswire/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) (“Trilogy Metals” or the “Company”) has filed a Nationwide Tool 43-101 technical file titled “NI 43-101 Technical Report on the Preliminary Economic Assessment of the Bornite Project, Northwest Alaska, USA” with an efficient year of January 15, 2025 and a submitting year of February 13, 2025 with the Canadian securities regulators (the “NI 43-101 Report”). The Corporate can be submitting a S-Ok 1300 technical file abstract titled “S-K 1300 Technical Report Summary on the Initial Assessment of the Bornite Project, Northwest Alaska, USA” with an efficient year of November 30, 2024 with the US Securities and Alternate Fee. A magazine of the appropriate file will probably be to be had underneath the Corporate’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar and at the Corporate’s website online at www.trilogymetals.com.

The Initial Financial Overview (“PEA”) used to be ready for the Bornite copper venture (“Bornite Project”) positioned within the Ambler Mining District of Northwestern Alaska. The Bornite Venture is held by means of Ambler Metals LLC (“Ambler Metals”), the three way partnership working corporate similarly owned by means of Trilogy and South32 Restricted (“South32”). The PEA has no longer been reviewed by means of South32 or Ambler Metals. The PEA used to be ready on a 100% possession foundation, of which Trilogy’s proportion is 50%. The result of the PEA have been introduced on January 15, 2025. There are not any subject material variations within the NI 43-101 File from the ones effects disclosed within the Corporate’s information let go dated January 15, 2025.

Trilogy Metals swamped isolated specialists, Plank Canada Restricted, Ausenco Engineering Canada ULC, SRK Consulting (Canada) Inc., Global Metallurgical & Environmental Inc., and Core Geoscience LLC to organize the PEA on a 100% possession foundation, underneath Nationwide Tool 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101”). An Preliminary Overview for the Bornite Venture used to be additionally ready on a 100% possession foundation in keeping with Subpart 1300 and Merchandise 601 of the Legislation S-Ok.

Certified Individuals

Richard Gosse, P.Geo., Vice President, Exploration for Trilogy Metals, is a Certified Individual as outlined by means of NI 43-101. Mr. Gosse has reviewed and licensed the medical and technical data on this information let go.

About Trilogy Metals

Trilogy Metals Inc. is a steel exploration and building corporate which holds a 50 p.c passion in Ambler Metals LLC, which has a one hundred pc passion within the Higher Kobuk Mineral Tasks in northwestern Alaska. On December 19, 2019, South32, a globally various mining and metals corporate, exercised its technique to method a 50/50 three way partnership with Trilogy Metals. The UKMP is positioned throughout the Ambler Mining District which is without doubt one of the richest and most-prospective identified copper-dominant districts on the earth. It hosts world-class polymetallic volcanogenic immense sulphide (“VMS”) deposits that include copper, zinc, top, gold and silver, and carbonate substitute deposits that have been discovered to host high-grade copper and cobalt mineralization. Exploration efforts had been interested by two deposits within the Ambler Mining District – the Arctic VMS warehouse and the Bornite carbonate substitute warehouse. Each deposits are positioned inside a land bundle that spans roughly 190,929 hectares. Ambler Metals has an promise with NANA Regional Company, Inc., an Alaska Local Company that gives a framework for the exploration and attainable building of the Ambler Mining District in cooperation with native communities. Trilogy Metals’ optic is to form the Ambler Mining District right into a premier North American copper manufacturer age protective and respecting subsistence livelihoods.

Cautionary Observe Referring to Ahead-Having a look Statements

This press let go contains positive “forward-looking information” and “forward-looking statements” (jointly “forward-looking statements”) throughout the that means of appropriate Canadian and United States securities law together with the US Personal Securities Litigation Reform Office of 1995. All statements, alternative than statements of ancient truth, incorporated herein are forward-looking statements. Ahead-looking statements are regularly, however no longer at all times, recognized by means of phrases similar to “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and homogeneous expressions, or statements that occasions, statuses, or effects “will”, “may”, “could”, or “should” happen or be completed. Those forward-looking statements might come with statements relating to perceived advantage of homes; the exploration attainable of the UKMP; and alternative statements that aren’t statements of truth.  Ahead-looking statements contain numerous dangers and uncertainties. There will also be deny word of honour that such statements will end up to be correct, and original effects and year occasions may vary materially from the ones expected in such statements. Notable elements that might motive original effects to vary materially from the Corporate’s expectancies come with the dangers and uncertainties disclosed within the Corporate’s Annual File on Mode 10-Ok for the era ended November 30, 2023 filed with Canadian securities regulatory government and with the US Securities and Alternate Fee and in alternative Corporate studies and paperwork filed with appropriate securities regulatory government from year to year. The Corporate’s forward-looking statements replicate the ideals, critiques and projections at the year the statements are made. The Corporate assumes deny legal responsibility to replace the forward-looking statements or ideals, critiques, projections, or alternative elements, must they modify, except for as required by means of legislation.

SOURCE Trilogy Metals Inc.