Millennial Precious Metals announced the company has completed its evaluation and has entered into a definitive agreement with Tri Minerals Holdings Corp., a private party, for properties related to the Cerro Colorado Project ("Cerro Colorado"). Pursuant to the Agreement, Millennial will acquire certain unpatented mining claims and state exploration permits for properties located in Pima County, Arizona. Cerro Colorado is located within a historic silver mining district, 70 km southwest of Tucson and is situated in the widely mineralized porphyry copper belt of southern Arizona and northern Mexico.