Drill challenges at Arctic copper project won’t influence timeline, says Trilogy Metals

Mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.

The company stated that the region is host to numerous operating mines.

The company was not given any notice or opportunity to explain its position.

Move allows major companies to lease to juniors all or part of assets they are not actively developing.

The combination of the 4,700-hectare Troilus Gold property with the 11,309-hectare Troilus North property will create a 16,000-hectare exploration property in Quebec's Frotet-Evans greenstone belt.

The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.

Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.

Frontier mine is a cornerstone of ERG’s copper business and is situated on the DRC-Zambia border.

The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.