South32, Trilogy finalize joint venture
Ambler Metals has cash, team to advance rich Alaska projects
Last updated 2/14/2020 at 4:56am
South32 Ltd. and Trilogy Metals Inc. Feb. 11 announced the finalization of a joint venture to advance exploration and development of the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska.
Australia-based South32 has contributed US$145 million to fund this new JV named Ambler Metals LLC and Canada-based Trilogy provided the 426,690-acre Upper Kobuk Mineral Projects (...