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by Will Purcell
The critical and specialty minerals stocks box score on Monday was a great 123-59-128 as the TSX Venture Exchange leapt 27 points to 1,020.69.Trilogy Metals Inc. (TMQ) has been quiet on the news front since mid-December, but it was busy on the market today, jumping 36 cents to $6.63 on 1.11 million shares. Trilogy's stock had been bumbling along at $2 through the first half of 2025, although edging up to about $3 by early October.
Then came word that President Trump had granted approval for the Ambler access road project in Alaska, a move that sent Trilogy gapping upward as high as $15.21. It has since settled back to about $6. The Ambler approval is great news for Trilogy, as it has two big projects in northwestern Alaska, Arctic and Bornite, that it would love to connect to the main road. Arctic, which cleared feasibility in 2023, has a copper equivalent grade of about 5 per cent across 40 million tonnes, while Bornite, which received a preliminary economic assessment a year ago, is five times larger but grades "just" 1.4 per cent copper.
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