Millennial Precious Metals Corp. announced inaugural laboratory results for its Phase 1 drill campaign at the Red Canyon project ("Red Canyon" or the "Project") located in Nevada. Red Canyon is a Carlin-style, sediment-hosted gold project in the heart of the Battle Mountain-Eureka mineral trend, located 50 km northwest of the town of Eureka and 37 km southeast of the 20M-ounce Cortez Hills Mine complex. The property consists of 6,500 acres (2,600 hectares) containing several target zones. In early May, Millennial commenced Phase one of a 12-drill hole program designed to tighten the geological controls and three-dimensional geometry of gold mineralization at the Heavenly target zone. The results presented herein are from the first two drill holes completed in this phase of drilling. · Phase 1 drill holes are designed to test the extents of oxidized mineralization in the central zone of the Heavenly target, while validating gold values and lithology. Gold assay results from holes -001RD and -002RD report oxidized mineralization throughout the full extent of the two drill holes. Information provided by these first two holes indicates the gold mineralization is stratabound hosted in calcareous siltstone dipping moderately to the southeast. Mineralization is open to the south and southeast. Composite highlights of holes -001RD and -002RD include:· Drillhole HVN-2021-001RD returned a wide high-grade intercept of 2.6 g/t over 22 meters, including 3.0 g/t over 19 meters, with local grades as high as 7.72 g/t over 1 meter.· Drillhole HVN-2021-002RD returned high-grade intercepts of 4.54 g/t over 54 meters, including 9.18 g/t over 22 meters, with local high grades of 19.16 g/t over 5 meters. The first phase of this drill program includes 2,200m in 12 planned drill holes at the Heavenly target zone. The Heavenly zone is one of several primary targets across 6 square km of outcropping alteration in Devonian-age sedimentary rocks. The Heavenly target consists of oxidized Carlin-style mineralization (jasperoid- and clay-altered sedimentary rocks). Gold mineralization occurs within a calcareous siltstone and mineralized fault zones up to 200 meters wide over a strike length of at least 600 meters.