Project UpdateJun 9, 2026, 07:26 AM
Trilogy Metals Starts 2026 Summer Field Program at UKMP; New Ambler Metals President
AI Summary
Trilogy Metals announced the commencement of its 2026 summer field program at the Upper Kobuk Mineral Projects (UKMP) in Alaska, advanced by its joint venture, Ambler Metals LLC. The fully funded program aims to execute critical technical, environmental, and exploration milestones to prepare the high-grade Arctic Project for future development decisions, including approximately 40 drill holes targeting 5,400 meters. Additionally, Ambler Metals appointed Ron Rimelman as its new President to lead the joint venture through permitting and development.
Key Highlights
- Field crews mobilized for the 2026 summer exploration program at Upper Kobuk Mineral Projects (UKMP).
- Program is fully funded, focusing on advancing the high-grade Arctic Project toward a construction decision.
- Ambler Metals appointed Ron Rimelman as President to lead the joint venture through permitting and development.
- The program includes approximately 40 drill holes for Arctic mine engineering plans and permitting support.
- Arctic drill campaign targets a minimum of 5,400 meters, combining geotechnical and hydrogeological holes.
- Work at Bornite camp will ready the site for intensified exploration and development in coming years.
- Bornite is projected to yield 1.9 billion pounds of copper over a 17-year mine life.
- Regional exploration will advance targets for 2027 drilling along the 100-kilometer VMS belt.
Price Impact
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