| Announcement Date: | 2022-08-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Millennial Precious Metals Corp. |
| Project name: | Wildcat |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 39.2m @ 1.26g/t Au from 0.2m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario, Canada – August 16, 2022 – Millennial Precious Metals Corp. (TSXV:MPM, OTCQB:MLPMF) (“Millennial” or the “Company”) is pleased to provide results from the ongoing Phase 1 drill program currently being conducted at its Wildcat project located in Nevada, USA. The 2022 drill program at Wildcat consists of a minimum of ~2,000m and is primarily designed for infill drilling for mineral resource conversion, geotechnical data for pit wall design, metallurgical data (bottle roll and column test), and to test gold mineralization below the oxidation profile. Phase 1 drilling will support the updated mineral resource and PEA expected to be released following the completion of metallurgical column testing and various mining studies. Highlights: Drillhole WCCD-0003 returned an intercept of 1.26 g/t oxide Au over 39.2m from surface, including a high-grade intercept of 1.82 g/t oxide Au over 20.6m. Drillhole WCCD-0004 returned an intercept of 0.93 g/t oxide Au over 41.4m from surface, including a high-grade intercept of 2.51 g/t oxide Au over 9.2m (refer to Table 1 for detailed interval results). |
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