Trilogy Metals Positioned to Address Global Copper Supply Challenges Through Alaska's Upper Kobuk Mineral Projects

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) is strategically positioned to benefit from tightening copper supply-demand fundamentals through its 50% interest in one of North America's richest undeveloped copper districts. The company's high-grade resources, stable jurisdiction in Alaska, and strong joint venture partnership provide a solid foundation for future development that could help meet the world's growing copper needs.

The company's prudent cash management, combined with flexible capital-raising tools through its Base Shelf Prospectus and ATM Program, enhances its ability to fund project advancement while minimizing dilution. This financial strategy becomes increasingly important as the global energy transition continues to reshape commodity markets, creating unprecedented demand for copper in renewable energy infrastructure, electric vehicles, and grid modernization projects.

Trilogy Metals holds its 50% interest through Ambler Metals LLC, which has a 100% interest in the Upper Kobuk Mineral Projects located within the Ambler Mining District in northwestern Alaska. The UKMP is recognized as one of the richest and most-prospective known copper-dominant districts globally, hosting world-class polymetallic volcanogenic massive sulphide deposits containing copper, zinc, lead, gold, and silver, along with carbonate replacement deposits that feature high-grade copper and cobalt mineralization.

Exploration efforts have focused on two primary deposits: the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are situated within a substantial land package spanning approximately 190,929 hectares, providing significant scale for potential development. The project's importance is further underscored by its partnership with NANA Regional Corporation Inc., an Alaska Native Corporation that provides a framework for exploration and potential development in cooperation with local communities.

The combination of grade, jurisdiction, and scale at the Upper Kobuk Mineral Projects positions Trilogy Metals to play a potential role in addressing the global copper supply gap. As demand for copper continues to grow driven by electrification and decarbonization trends, projects like UKMP become increasingly critical for meeting future metal requirements while operating within stable regulatory environments. Additional information about the company's developments is available at https://ibn.fm/sAWCG.

Trilogy's vision focuses on developing the Ambler Mining District into a premier North American copper producer while maintaining respect for subsistence livelihoods and environmental considerations. This balanced approach to resource development reflects the growing importance of sustainable mining practices in meeting global metal demands without compromising local communities or ecosystems.