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Trilogy Metal's Tony Giardini Comments on Ambler Access Road Approval and the DoW Stake

Nov 12, 2025
Tony Giardini, CEO of Trilogy Metals, shares exciting updates from the Zurich Precious Metals Summit. He discusses the recent approval of the Ambler Access Road, a key development in the Ambler Mining District, along with the Department of Defense's $36 million equity stake in his company. Giardini outlines the de-risking of the project and the strategic alignment with partner South32. He explains the importance of U.S. government support for domestic supply and how these developments have positively impacted market reactions.
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INSIGHT

Government Stamp Validates Project

  • The Ambler road approval and Department of War investment act as a U.S. government stamp of approval for the district.
  • Tony Giardini says the moves signal strong federal interest in domestic critical-metal supply chains.
INSIGHT

Road Permits Are Legally Hardened

  • The presidential decree used ANILCA to reinstate permits and is designed to be immune from later presidential reversal.
  • Tony states that the decree and legal view from Alaska agencies make the road effectively de‑risked.
ADVICE

Pursue Accelerated Permitting Paths

  • Trilogy will kick-start mine permitting now that road permits are granted and will pursue FAST‑41 and Budget Reconciliation accelerated tracks.
  • Tony advises they will combine fieldwork with study work to advance permitting and an investment decision.
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