The Alaska Industrial Development and Export Authority (AIDEA) has signed agreements for right-of-ways for Trilogy Metals Inc.’s Ambler Road Project with the U.S. Bureau of Land Management (BLM) and the National Park Service (NPS). The agreements grant a 50-year right-of-way on federally owned and managed land by the federal agencies for the future development of the Ambler Mining District Industrial Access Road.
Ambler Metals LLC, the joint venture operating company equally owned by Trilogy and South32, is also continuing discussions with AIDEA on securing a predevelopment funding agreement for the detailed engineering work for the Ambler Road Project.
“I would like to commend AIDEA for the continued positive progress of the Ambler Access Project which is a critical link in the development of the Ambler Mining District,” President and CEO Tony Giardini said. “Despite the difficult times caused by the COVID pandemic, AIDEA and the government of Alaska have demonstrated effective leadership and we expect continued progress on the road during 2021.”
