Projects

WILDCAT

 

Wildcat Property is located within the Seven Troughs mining district in Nevada, located 56km north of the town of Lovelock within Pershing County. The property can be accessed year-roundfrom Lovelock via State Route 48. The 10,642-acre land package consists of 516 unpatented claims and 4 patented claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). The mineralization at Wildcat consists of gold-dominated, low sulfidation epithermal veins and disseminated oxide and sulphide mineralization hosted in volcanic-and intrusive-rocks. The Inferred Mineral Resource estimate at Wildcat contains 776,000 ounces of Au oxide (60.8 million tonnes at 0.40 g/t gold; effective date of November 18, 2020).

A technical report for the Wildcat Project is available on Millennial’s issuer profile on SEDAR at www.sedar.com.

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MINERAL RESOURCES

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MOUNTAIN VIEW

 

The Mountain View Property is located within the Deep Hole mining district in Nevada, located 24km north of the town of Gerlach within Washoe County. The property can be accessed year-round via State Road 447 followed by 2km of gravel. The 3,169-acre land package consists of 154 unpatented claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). Gold-dominated mineralization at Mountain View consists of low sulfidation epithermal veins and disseminated oxide and sulphide mineralization hosted in Cenozoic volcanic rocks. Mountain View has an inferred mineral resource estimate that contains 427,000 ounces of Au (oxide) (23.2 million tonnes at 0.57 g/t gold; effective date of November 15, 2020).

A technical report of the Mountain View Project is available on Millennial’s issuer profile on SEDAR at www.sedar.com.

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MINERAL RESOURCES

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RED CANYON

 

Red Canyon is located within the Cortez/Tonkin Springs mining district in Nevada, 75km northwest of Eureka. The property can be accessed from the town of Eureka by following US Highway 50 west for 20km to the Monitor Valley Road. This road is then followed north for approximately 50km to the intersection with the Tonkins Spring access road. Local roads and dirt tracks lead south and east to the main areas of interest on the Red Canyon property. The 7,190-acre land package, consists of 348 unpatented claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). Gold mineralization at Red Canyon is sediment-hosted, Carlin-style, including deeply oxidized bodies overlying sulfide mineralization. Currently there are no defined mineral resources at Red Canyon, but there are 10 drill-ready targets. In 2021 Millennial drilled 12 holes at Red Canyon totaling 2,341. Millennial will complete a second phase of drilling in 2022. Millennial is currently leasing the Red Canyon Property with an option to acquire it in the future.

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OCELOT

 

The Ocelot (historically known as Zeno) property is located within the Toiyabe Range in Nevada, 57km southwest from the world class Au deposits at Pipeline/Cortez. The 3,978-acre land package consists of 206 unpatented claims on federally owned lands administered by the U.S. Bureau of Land Management (BLM). Mineralization at Zeno is strongly representative of a low sulfidation epithermal Au/Ag system, hosted in the Valmy Formation and volcano-sedimentary units overlying local quartzite basement rocks. Several target areas display broad zones of alteration including argilization (quartz-illite) and intense silicification with boiling textures, characteristic of the upper levels in epithermal systems. Several promising target zones at Ocelot display encouraging Au, As, Hg, and other pathfinder element data from previous sampling programs. Mapping reports broad zones of silicification and sinter on the property with assays up to 200 ppb Au. Historical shallow drilling reported intersections up to 0.01 opt Au associated with micro breccia veinlets

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MAR

 

The Marr Property is located within the Toiyabe Range in Nevada, located 60km southwest from the world-class Pipeline deposit. The 1,901-acre land package consists of 93 unpatented claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). Mineralization at Marr is believed to be a low sulfidation, epithermal Au/Ag epithermal. The target area is covered, with historical drilling reporting zones of broad argillic alteration and high-level exposures of a low-sulfidation system, as characterized by chalcedony and opaline veining with sinter terraces. Anomalous Au and pathfinder elements in high-level quartz-chalcedony veins with boiling textures are common.

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EDEN

 

The Eden Property is located on the northwestern side of the East Range in the Western Nevada Rift, along the Sleeper–Sandman trend. Eden is located 22km southwest of the town Winnemucca within Perishing and Humboldt Counties. The 1,405-acre land package consists of 64 unpatented lode claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). Mineralization at Eden represents a low sulfidation, epithermal Au/Ag system. The property can be accessed by a frontage road along Interstate 80. The target is hosted in permeable Cenozoic volcanic and sedimentary rocks cut by basaltic dikes with quartz veins along through-going “plumbing structures”. A large part of the property is covered by quaternary gravels.

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DUNE

 

The Dune Property is located on the northwestern side of the east range in western Nevada rift, along the sleeper – Sandman trend. Dune is located 13km southwest of the Town of Winnemucca within Perishing and Humboldt Counties. The 744-acre land package consists of 36 unpatented claims. The claims are federally owned lands administered by the U.S. Bureau of Land Management (BLM). Mineralization at Dune consists of low sulfidation, epithermal Au/Ag typical of significant economic Au-Ag deposits of this region of Nevada. The property can be accessed via the Jungo Mine Road west from Winnemucca and then by unimproved road approximately 2 miles to the south. The target concept is a structurally- and stratigraphically-controlled low sulfidation gold system, hosted by permeable Cenozoic volcanic and sedimentary rocks.

 

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