North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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By Shane Lasley
Mining News 

South32, Trilogy finalize joint venture

Ambler Metals has cash, team to advance rich Alaska projects North of 60 Mining News – February 14, 2020

 

Last updated 9/26/2020 at 11:59am

Copper zinc lead silver gold exploration drilling Arctic VMS deposit Alaska

Trilogy Metals Inc.

A drill turns at Arctic, a VMS deposit in the Ambler Mining District that is rich in copper, zinc, lead, gold and silver.

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 (...



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