Trilogy Metals announces the program and budget for Ambler Metals LLC and the corporate budget for 2026.
Ambler Metals LLC approves a program and budget totaling approximately $35 million for the Upper Kobuk Mineral Projects in Alaska.
Trilogy Metals focuses on advancing the Ambler Mining District toward permitting, technical de-risking, and long-term development in 2026.
Ambler Metals 2026 Program and Budget
Totaling approximately $35 million for the UKMP advancement in Alaska.
Corporate Budget for 2026
Trilogy Metals approves a budget of approximately $5 million, mainly related to public company compliance and oversight.
Cash Position
Trilogy Metals maintains a strong cash position of over $50 million, providing funding for ongoing operations and future joint venture requirements.
Strategic Investment
Anticipated strategic investment by the US federal government of approximately $35.6 million to support critical mineral resources at UKMP.
- The 2026 program marks a pivotal year for the Ambler Mining District advancement.
- Targets include mine permit submissions, leveraging federal expedited programs, and advancing technical and organizational foundations.
- Activities focus on exploration, drilling, camp preparation, management team establishment, and community engagement.
- Trilogy Metals' strong cash position and strategic investments reinforce its financial stability for future developments.
Trilogy Metals is strategically positioned in 2026 to advance the Ambler Mining District and ensure sustainable development. With robust funding, key programs, and community engagement, the company is poised for success in the mineral exploration and development sector.