Trilogy Metals is advancing two high-grade, copper-dominant, polymetallic projects in Alaska’s Ambler mining district. The Arctic project’s pre-feasibility study shows an after-tax US$1.4B NPV with a 33% IRR at $3/lb copper and an 8% discount rate. It has a 43Mmt open pit reserve grading 5% copper-equivalent and its cash costs, net of by-product credits, is only $0.15/lb. The Bornite project already has 6 billion lbs copper and 77 million lbs cobalt while exploration is still ongoing. Trilogy Metals is facing numerous potential catalysts over the next year.
Rick Van Nieuwenhuyse is the President and CEO of Trilogy Metals. He has over 40 years of experience in the natural resource sector, including his role as founder, president, and CEO of NOVAGOLD where he led a team that discovered the 40 million ounce Donlin gold deposit in Alaska. Prior to founding NOVAGOLD, Rick was the Vice President of Exploration for Placer Dome Inc. from 1990 to 1997. He possesses years of working experience in and knowledge of Alaska and has managed projects from grassroots discovery to advanced feasibility studies, production, and closure.
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TSX & NYSE American: TMQ www.TrilogyMetals.com
Arctic PFS Overview Video: https://player.vimeo.com/video/298282187
0:05 Introduction
2:01 Rick Van Nieuwenhuyse’s background and previous success
4:31 Trilogy’s share structure and who owns the shares
5:40 Trilogy’s burn rate and how the company is funded (South32 partnership)
7:56 Why Trilogy investors are protected against share dilution
9:04 Background on Trilogy’s partner South32
11:05 Trilogy’s liquidation value relative to its market cap
12:14 Overview of the Arctic project’s PFS
17:04 Overview of the Bornite project
20:03 Trilogy’s projects and the environment and native partnerships
21:44 Update on the Environmental Impact Statement for the proposed road
23:45 Upcoming catalysts for Trilogy