Millennial Silver Corp. and 1246768 B.C. Ltd. are pleased to provide a resource update for the Wildcat and Mountain View projects, further to their joint press release dated December 11, 2020 announcing a series of transactions, including the proposed acquisition of the Wildcat and Mountain View projects and the reverse take-over transaction (the "RTO") involving the Company, a subsidiary of 786 and 786 to form the resulting issuer which shall be "Millennial Precious Metals Corp. (the “Resulting Issuer” or “Millennial Precious Metals”). The Wildcat and Mountain View projects host an open-pit oxide resource and are strategically located in Nevada’s Seven Troughs and Hycroft mining districts, respectively. Inferred Mineral Resource estimate containing 776,000 ounces of Au oxide gold (60.8 million tonnes at 0.40 g/t gold) and an exploration target showing the potential to contain 500,000-700,000 ounces of Au sulphide (40 Mt to 50 Mt). The potential quantity and grade of this exploration target is conceptual in nature, there has been insufficient exploration to define it as a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The resource estimate was prepared using an economic pit shell at a gold price of US$1500 per ounce resulting in a total enclosed pit volume containing 60.8 million tonnes of material. The Company has identified a number of high priority target areas for future drill programs aimed at expanding and converting the known mineralized areas.