{"schema_version":"secwatch.filing_event.v1","accession":"0001279569-25-000038","form_type":"8-K","ticker":"TMQ","cik":"0001543418","company_name":"Trilogy Metals Inc.","filed_at":"2025-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.955586+00:00","generated_at":"2026-05-28T01:05:17.604598+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Trilogy Metals reports positive PEA for Bornite copper project; pre-tax NPV $552M, IRR 23.6%","bullets":["PEA outlines 1.9B lbs copper over 17-year mine life at 6,000 tpd; after-tax NPV 8% $394M, IRR 20.0%.","Initial capex $503.8M, sustaining $363.1M, total $866.9M; all-in cost $3.35/lb Cu payable.","Project held 50/50 via Ambler Metals JV with South32; Trilogy's share is 50% of stated figures.","PEA assumes $4.20/lb copper; base case extends Upper Kobuk Mineral Projects mine life beyond 30 years.","Technical report will be filed on SEDAR+ and EDGAR within 45 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001279569-25-000038","json":"https://secwatch.observer/filing/0001279569-25-000038.json","markdown":"https://secwatch.observer/filing/0001279569-25-000038.md","text":"https://secwatch.observer/filing/0001279569-25-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1543418/000127956925000038/0001279569-25-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1543418/000127956925000038/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:05:17.604598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}