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Bullboard - Stock Discussion Forum Trilogy Metals Inc T.TMQ

Alternate Symbol(s):  TMQ

Trilogy Metals Inc. is a Canada-based metal exploration and development company that holds a 50% interest in Ambler Metals LLC, which has a 100% interest in the Upper Kobuk Mineral Projects (UKMP) in Northwestern Alaska. It focuses on UKMP, including the Arctic and Bornite Projects. The UKMP is located within the Ambler Mining District. It hosts polymetallic volcanogenic massive sulfide (VMS... see more

TSX:TMQ - Post Discussion

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Post by TELEMARKER on Jul 12, 2024 11:56am

news

Ambler Access Project

On April 22, 2024, the Company announced that the United States Bureau of Land Management ("BLM") had filed the final Supplemental Environmental Impact Statement ("Final SEIS") for the AAP on its website. The Final SEIS identified "No Action" as the BLM's preferred alternative. The proponent for the AAP is AIDEA which is a public corporation of the State of Alaska. AIDEA's purpose is to promote, develop, and advance the general prosperity and economic welfare of the people of Alaska. AIDEA strongly objected to the process used by the BLM to reach a "No Action" decision as well as the effect of the decision which illegally blocks access to statehood lands, minerals, and federally patented mining claims. On May 8, 2024, NANA Regional Corporation, Inc. announced its withdrawal from further involvement with the AAP and stated its intentions to not renew the surface access permit with AIDEA upon its expiry this year.

On June 28, 2024, the BLM issued the Record of Decision confirming its selection of the No Action Alternative and thus denied AIDEA's application for a Right-Of-Way grant ("ROW Grant") across BLM-managed lands and terminates the BLM ROW Grant issued to AIDEA on January 5, 2021. Ambler Metals is working with AIDEA on next steps.

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