VANCOUVER, BC, Sept. 3, 2020 /PRNewswire/ - Trilogy Metals
Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals" or
the "Company") announces that the Company has appointed
Richard Gosse as Vice President
Exploration, effective immediately.
Mr. Gosse is a highly seasoned exploration geologist with 35
years of experience, including 15 years at the Vice President
level, providing leadership to exploration teams with track records
of discovery and delivering value in greenfield and brownfield
environments.
Previously, Mr. Gosse was the Senior Vice President Exploration
at Dundee Precious Metals Inc. ("Dundee") where he provided
leadership, exploration strategy and oversight of initiatives to
achieve corporate targets to replace mine reserves with near mine
discoveries in Bulgaria and
Armenia. Prior to his time with
Dundee, Mr. Gosse was the Vice
President Exploration at Ivanhoe Mines Ltd. (now Turquoise Hill
Resources Ltd.) where he led the exploration efforts at the world
class Oyu Tolgoi copper-gold project in Mongolia. Mr. Gosse also represented Ivanhoe
on management and exploration committees with Rio Tinto Plc and
other partners and worked closely with independent exploration
groups in Ivanhoe subsidiaries.
Mr. Gosse earned his B.Sc. in Geology at Queens University and his M.Sc. in Mineral
Exploration at Imperial College of Science and Technology,
London.
Tony Giardini, President and CEO
of Trilogy, commented, "I am very pleased to welcome Richard to our
management team. His track record of discovery and mineral resource
growth will aid us as we work with our partners to focus on
additional exploration opportunities in the highly prospective,
world class, Ambler Mining District. His experience in
collaborating with joint venture partners will be invaluable to the
Company and I am very excited to have someone of Richard's stature
join the Company."
Richard Gosse commented, "The
opportunity to join the Trilogy team is very exciting given the
Company's ownership interest in the Ambler Mining District. I have
had the good fortune to work on and around some of the most
compelling projects in the world and I believe that the Upper Kobuk
Mineral Projects ("UKMP"), with the combination of large shallow
high grade deposits and it's highly prospective land package, have
the potential to become a world-class mining district. I look
forward to working with all our partners in adding value to these
projects."
About Trilogy Metals
Trilogy Metals Inc. is a metals exploration and development
company which holds a 50 percent interest in Ambler Metals LLC
which has a 100 percent interest in the UKMP in northwestern
Alaska. On December 19, 2019, South32, which is a globally
diversified mining and metals company, exercised its option to form
a 50/50 joint venture with Trilogy. The UKMP is located within the
Ambler Mining District which is one of the richest and
most-prospective known copper-dominant districts located in one of
the safest geopolitical jurisdictions in the world. It hosts
world-class polymetallic volcanogenic massive sulphide ("VMS")
deposits that contain copper, zinc, lead, gold and silver, and
carbonate replacement deposits which have been found to host
high-grade copper and cobalt mineralization. Exploration efforts
have been focused on two deposits in the Ambler mining district -
the Arctic VMS deposit and the Bornite carbonate replacement
deposit. Both deposits are located within land package that spans
approximately 172,636 hectares. The Company has an agreement with
NANA Regional Corporation, Inc., a Regional Alaska Native
Corporation that provides a framework for the exploration and
potential development of the Ambler mining district in cooperation
with local communities. Our vision is to develop the Ambler mining
district into a premier North American copper producer.
Cautionary Note Regarding Forward-Looking
Statements
This press release includes certain "forward-looking
information" and "forward-looking statements" (collectively
"forward-looking statements") within the meaning of applicable
Canadian and United States
securities legislation including the United States Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, included hereinare
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "intends", "estimates", "potential",
"possible", and similar expressions, or statements that events,
conditions, or results "will", "may", "could", or "should" occur or
be achieved. These forward-looking statements may include
statements regarding perceived merit of properties; the exploration
potential of the UKMP; and other statements that are not statements
of fact. Forward-looking statements involve various
risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from the Company's expectations include the
uncertainties involving our assumptions with respect to the
likelihood and timing of the Ambler Mining District Industrial
Access Project; the need for cooperation of government agencies and
native groups in the development and operation of properties as
well as the construction of the access road; the need to obtain
permits and governmental approvals; risks of construction and
mining projects such as accidents and other risks and uncertainties
disclosed in the Company's Annual Report on Form 10-K for the year
ended November 30, 2019 filed with
Canadian securities regulatory authorities and with the United
States Securities and Exchange Commission and in other Company
reports and documents filed with applicable securities regulatory
authorities from time to time. The Company's forward-looking
statements reflect the beliefs, opinions and projections on the
date the statements are made. The Company assumes no obligation to
update the forward-looking statements or beliefs, opinions,
projections, or other factors, should they change, except as
required by law.
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SOURCE Trilogy Metals Inc.