Trilogy Metals Inc.

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.

Trilogy Metals Inc. has extended the closing date for its proposed US$35.6 million strategic equity investment from the U.S. Department of War to July 31, 2026, from the original May 31, 2026. This extension allows for the finalization of definitive documentation for the investment, which is crucial for the Arctic Project's role in domestic critical mineral supply. The company also noted progress on pre-closing milestones, including discussions for the Ambler Road Framework Agreement and the Arctic Project's designation as a "Covered Project" under FAST-41.

Trilogy Metals Inc. announced that its flagship Arctic Project in Alaska has been officially accepted as a "Covered Project" under the FAST-41 Federal Permitting Program. This designation provides a clear, coordinated federal permitting framework, positioning the high-grade copper-zinc-lead-gold-silver project as a priority domestic critical mineral development. The program aims to improve transparency and predictability in the federal environmental review process, aligning with federal efforts to onshore critical mineral production and reduce reliance on foreign supply chains.

Trilogy Metals Inc. announced the results of its Annual Meeting of Shareholders held on May 13, 2026. All proposals presented in the Proxy Statement were approved by the shareholders. This included the election of seven directors, the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and a non-binding advisory vote on executive compensation.

Trilogy Metals Inc. announced its welcome of the U.S. Department of the Interior's decision to transfer approximately 1.4 million acres of federal land within Alaska's Dalton Utility Corridor to the State of Alaska. The company views this as a significant step towards advancing responsible resource development in the Ambler Mining District. This transfer is expected to create a more stable and predictable framework for infrastructure development, including the critical Ambler Road project, and reduce regulatory complexity.

Trilogy Metals Inc. announced the initiation of the permitting process for its high-grade Arctic Project, located within the Upper Kobuk Mineral Projects in northwestern Alaska. This development is a key step for Ambler Metals LLC, the company's joint venture with South32 Limited. Additionally, Trilogy Metals outlined its plans for the 2026 field season and released the findings of an independent economic impact study related to the project.