Trilogy Metals Inc. issued a press release on August 3, 2026, providing an update on its previously announced strategic equity investment by the United States Department of War. The filing confirms that discussions with the Department continue and that the letter of intent signed in October 2025 remains in effect for approximately US$35.6 million to advance exploration and development of the Upper Kobuk Mineral Projects in northwestern Alaska. Trilogy Metals is a metal exploration and development company holding a 50 percent interest in Ambler Metals LLC, which owns the Upper Kobuk Mineral Projects in the Ambler Mining District of Alaska.
