The Gates of the Arctic National Park and Preserve, through which the Ambler Road project would pass, in Alaska. The Trump administration will facilitate financing of the access road.
The Donald Trump administration has negotiated a 10-per-cent stake in Trilogy Metals Inc. and is fast tracking infrastructure construction that should help the junior Canadian miner build its Alaska copper project faster.
Vancouver-based Trilogy Metals TMQ-T , alongside its Australian joint-venture partner South32 Ltd. SOUHY , said in a release that the U.S. government has agreed to invest US$35.6-million to buy approximately 16.4 million shares at US$2.17 apiece. In addition, the Trump administration has the option to acquire millions of additional shares over a 10-year period at an exercise price of 1