Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2025resource reserve update▲ GoodMajor
Filed NI 43-101 and S-K 1300 technical reports formalizing the Bornite Preliminary Economic Assessment previously announced, advancing the copper-focused Bornite project (held via Ambler Metals) toward a more defined development case, independent of any South32 review.
Trilogy released an updated Bornite resource estimate: 41.7Mt indicated at 1.04% copper, 93.9Mt in-pit inferred at 0.98%, and 50.3Mt below-pit inferred at 2.97% (South Reef and Ruby Zone). Total inferred tonnage fell about 2% from the 2018 estimate.
Announced the voluntary filing of the Arctic Feasibility Study with US and Canadian regulators, confirming the project (now under the Trilogy/South32 Ambler Metals joint venture) had advanced to feasibility-level engineering.
Trilogy furnished to the SEC an NI 43-101 feasibility study technical report for the Arctic project in northwest Alaska, prepared by Ausenco and other consultants. The report had an effective date of August 20, 2020.
South32 exercised its 2017 option to form a 50/50 joint venture over the Upper Kobuk Mineral Projects. Trilogy would contribute all its UKMP assets and South32 would make a US$145 million subscription payment to the joint venture, expected in February 2020.
Reported the final assay results from the 2019 Bornite drill campaign: several holes returned strong copper intercepts (including 78.9m at 2.35% copper), confirming and extending known mineralization from prior step-out drilling.
Trilogy Metals filed the NI 43-101 technical report on the Arctic Project pre-feasibility study as Exhibit 99.1, along with a summary of the study. The report supports its 20 February 2018 announcement of study results and reserves.
Filed the NI 43-101 technical report for the Arctic Pre-Feasibility Study, confirming the technical and economic viability of a conventional 10,000 tonne-per-day open-pit copper-zinc-lead-silver-gold mine and mill at Arctic, with no material changes from the results announced in February 2018.
Filed the formal NI 43-101 technical report backing the April 2017 Arctic resource update, the standard disclosure required to support the mineral resource figures already announced.
Engaged Ausenco, Amec Foster Wheeler and SRK Consulting to carry out the Arctic pre-feasibility study's engineering, mine-planning, and tailings/water-management work, targeting completion in Q1 2018.
In-fill drilling drove a 50% increase in Indicated resource tonnes at the high-grade Arctic deposit (36.0Mt at 3.07% copper, 4.23% zinc, plus gold/silver/lead credits - about 2.4 billion lbs contained copper and 3.4 billion lbs contained zinc), with over 40% more contained metal than the prior estimate and a deposit management called insensitive to cutoff-grade or price assumptions.
Approved a $7.1 million 2017 budget to launch a pre-feasibility study on the high-grade Arctic deposit (northwest Alaska), a polymetallic copper-zinc-lead-gold-silver VMS deposit averaging 6% copper equivalent, targeting completion in Q1 2018.
Furnished to the SEC a technical report on the Bornite Deposit, prepared under NI 43-101 by independent qualified persons, to satisfy Regulation FD disclosure obligations.
NovaCopper filed an 8-K furnishing a December 18, 2013 press release on 2013 assay results from its re-sampling and re-assaying program at the Bornite Project, titled as confirming and extending previously known mineralization.