Funds for project Canada’s Trilogy Metals has closed a financing deal worth some $28.7 to finance advancing its Arctic Project, and for the exploration of the Ambler Mining District in Northwest Alaska.
Trilogy Metals said in a statement that the region "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 VMS deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high grade copper mineralization."