5 Best Silver Mining Penny Stocks to Buy

3. Trilogy Metals Inc. (NYSEAMERICAN:TMQ)

On June 9, 2026, Trilogy Metals Inc. (NYSEAMERICAN:TMQ) announced that field crews successfully mobilized to the site and seasonal field operations are underway for the 2026 summer exploration program at the Upper Kobuk Mineral Projects in northwestern Alaska’s Ambler Mining District.

The program is fully funded and centered on advancing the high-grade Arctic Copper-Zinc-Lead-Gold-Silver Project toward a construction decision. Trilogy also highlighted target assessments for drilling along a 100-kilometer VMS belt to support district-wide exploration planning for 2027, Bornite camp upgrades to set the stage for accelerated exploration and development in 2027, and the appointment of Ron Rimelman as President of Ambler Metals.

Earlier in June, Trilogy Metals provided an update on the previously announced proposed strategic equity investment of US$35.6 million by the U.S. Department of War. Trilogy and the DOW agreed to extend the targeted closing date for the investment from May 31, 2026, to July 31, 2026, to allow time to finalize definitive documentation. The company expects to close the transaction on or before July 31, 2026.

Trilogy Metals Inc. (NYSEAMERICAN:TMQ) engages in the exploration and development of mineral properties in the United States.

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