Trilogy Metals (TMQ) Stock Gains 18% as Company Appoints Strategic Advisor After U.S. Backing

26-Jan-2026 CoinCentral

TLDR

  • Trilogy Metals appointed veteran mining financier Egizio Bianchini as Strategic Advisor and strengthened corporate communications roles
  • The leadership expansion follows a U.S. federal government investment commitment announced in October 2025 for the Upper Kobuk Mineral Projects in Alaska
  • TMQ stock closed at $6.21 on January 23, up 331% over 12 months compared to SPY’s 14% gain
  • Arctic deposit contains mineral reserves of 46.7 Mt at 2.11% copper with pre-tax NPV of $1.5 billion and 25.8% IRR
  • Company released new January 2026 corporate presentation highlighting Ambler District as future domestic source of copper, zinc, cobalt, silver and gold

Trilogy Metals expanded its management team this week. The company appointed Egizio Bianchini as Strategic Advisor and added senior corporate communications expertise.


TMQ Stock Card
Trilogy Metals Inc., TMQ

The moves come after the U.S. federal government committed to invest in the Upper Kobuk Mineral Projects last October. The leadership additions are designed to support the Ambler Metals joint venture with South32.

TMQ shares closed at $6.21 on January 23 with volume around 5.5 million shares. The stock has gained 331% over the past 12 months.

The company released a new corporate presentation on January 22. The document outlines the investment case for its Alaska copper and polymetallic projects.

Project Economics and Resource Base

The Arctic VMS copper deposit sits at the center of Trilogy’s portfolio. Mineral reserves total 46.7 million tonnes at 2.11% copper, 2.9% zinc, 0.56% lead, 0.42 g/t gold and 31.8 g/t silver.

The presentation labels Arctic as one of the highest-grade copper deposits globally. Pre-tax net present value stands at approximately $1.5 billion with a 25.8% internal rate of return at $3.65 per pound copper.

Bornite represents the second major asset. A 2025 preliminary economic assessment shows potential to extend mine life beyond 30 years.

Bornite’s pre-tax NPV reaches roughly $552 million with a 23.6% IRR at $4.20 per pound copper. Both projects demonstrate leverage to copper price movements.

Federal Alignment and 2026 Plans

The October 2025 binding letter of intent positions Trilogy within U.S. critical minerals policy. Washington views the Ambler District as a future domestic source of strategic metals.

Management released details on January 20 about the leadership expansion. Ambler Metals has begun recruiting key roles to execute the 2026 program and budget.

The CEO emphasized the team build-out aims to advance the projects as a key domestic critical minerals source. The company plans permitting work, geotechnical drilling and condemnation drilling at Arctic this year.

TMQ has gained roughly 20% over both the last three months and last two weeks. SPY showed low single-digit gains or small declines over the same periods.

Near-term statistical support sits around $5.54 with resistance near $6.04 based on 20-day volatility. The stock trades as a high-beta proxy on U.S. critical minerals development.

Market commentary has grouped Trilogy into the critical metals basket. The classification reflects its copper and cobalt exposure plus alignment with federal supply chain priorities.

South32 holds a 50/50 stake in Ambler Metals. The joint venture structure spreads development costs and technical expertise between the partners.

Trilogy operates with zero revenue and remains unprofitable. The company uses an ATM program for funding while advancing permitting.

Short-term catalysts center on Ambler Access Project permitting progress and joint venture execution clarity. Cost inflation and prolonged development timelines remain key risks.

The Ambler District contains copper, zinc, cobalt, silver, gold and other strategic metals. Federal investment explicitly frames these resources within domestic supply security strategy.

Trilogy published updated technical details and resource estimates in its January 2026 corporate presentation. The materials target capital markets readiness and stakeholder engagement ahead of expected permitting acceleration.

The post Trilogy Metals (TMQ) Stock Gains 18% as Company Appoints Strategic Advisor After U.S. Backing appeared first on CoinCentral.

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