Millennial Precious Metals

Millennial Precious Metals Corp. is a mineral exploration and development company primarily focused on gold and silver assets located in the top-tier mining jurisdictions of Nevada and Arizona, USA. The company was established in 2020, with its common shares beginning to trade on the TSX Venture Exchange under the symbol "MPM" around May 2021 following a reverse take-over transaction.

The company was founded by Jason Kosec, who served as President and CEO, along with his partners Ruben Padilla and Terry Harbort. Kosec, a geologist with a Master's degree in Earth and Energy Resources, gained significant experience at Trelawney Mining and Exploration and later at Barkerville Gold Mines, both of which were acquired in high-value deals. This background in identifying and advancing valuable mineral properties directly informed the strategy for Millennial. The founding team identified an opportunity in the southwestern United States, acquiring a portfolio of seven assets from Waterton's exploration portfolio and a private company, none of which had been in the public markets for over a decade.

Millennial's business model revolves around acquiring, exploring, and developing mineral properties with the goal of defining and expanding near-surface, heap-leachable gold and silver ounces. The company's revenue generation is tied to the future potential production from these assets or their strategic sale. A significant corporate milestone was the friendly at-market merger with Integra Resources Corp., which was completed around May 2023. This transaction created one of the largest precious metals development companies in the Great Basin, making Millennial Precious Metals a wholly-owned subsidiary of Integra. As a result of the merger, Jason Kosec became the President and CEO of the combined entity, Integra Resources.

The company's core assets include a portfolio of eight gold and silver projects. The flagship projects are Wildcat and Mountain View in Nevada, which together hosted a combined inferred mineral resource estimate of approximately 1.2 million ounces of oxide gold. Another key exploration property is Red Canyon, a Carlin-style sediment-hosted gold system located on the Battle Mountain-Eureka mineral trend, strategically positioned near major mining operations like the Cortez Hills Mine. The company's strategy involves systematic, phase-based exploration programs to de-risk the projects and advance them towards development, ultimately creating value for shareholders through resource expansion and potential mine development.

Keywords: mineral exploration, gold development, silver projects, Nevada mining, Arizona mining, heap leach, Integra Resources, Jason Kosec, Wildcat project, Mountain View project, Red Canyon property, precious metals, exploration company, mineral assets, Battle Mountain-Eureka trend, oxide gold, resource definition, mining investment, Great Basin exploration, junior mining