Millennial Precious Metals
Millennial Precious Metals is a publicly traded gold exploration company (TSX-V: MPM) headquartered in Toronto, advancing two early-stage Nevada-based projects — Wildcat and Mountain View — through equity-funded exploration activities.
- Company typePrivate
- Founded2020
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Millennial Precious Metals does
Millennial Precious Metals is a publicly traded precious metals exploration company headquartered in Toronto, Canada, listed on the TSX Venture Exchange under the symbol CVE:MPM. Founded in 2020 and structured as an exploration roll-up vehicle, the company is focused on advancing two gold exploration projects — Wildcat and Mountain View — located in Nevada, USA. The company operates with a small team of 11-50 employees and has no disclosed revenue, consistent with its pre-production development stage.
The company's business model is centered on acquiring, advancing, and consolidating early-stage gold exploration assets in tier-one mining jurisdictions, with the stated intent of building value through exploration success and eventual resource definition. To date, Millennial Precious Metals has funded its activities entirely through equity financings, including an initial ~$937K raise in December 2020, an approximately $12.5M financing in May 2022, and a C$16.1 million prospectus offering in June 2022 consisting of units (common shares and warrants). The use of proceeds has been directed toward advancing exploration and development at the Wildcat and Mountain View Nevada projects.
Millennial Precious Metals has no disclosed pricing model, customer base, or revenue mechanics, as it is a pre-revenue mineral exploration company. Its leadership includes Andres Tinajero as CFO. The company has not disclosed any strategic partnerships, mineral resource estimates, or production timelines in the available data. Key risks include the early stage of its projects, dependence on continued equity capital markets access, lack of defined reserves or resources, and the inherent geological and execution risk associated with early-stage exploration.
Millennial Precious Metals firmographics
Firmographics- Name
- Millennial Precious Metals
- Website
- https://millennialpreciousmetals.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Millennial Precious Metals is a publicly traded gold exploration company (TSX-V: MPM) headquartered in Toronto, advancing two early-stage Nevada-based projects — Wildcat and Mountain View — through equity-funded exploration activities.
- Ownership category
- akta.pro rank
Millennial Precious Metals industry classification
Industry- Product category
- Gold Exploration and Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Millennial Precious Metals is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Millennial Precious Metals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Supply Chain
Millennial Precious Metals product offering
Product offeringCore offering
Millennial Precious Metals is a precious metals exploration company advancing two gold-focused exploration and development projects in Nevada: the Wildcat Project and the Mountain View Project. The company is engaged in early-stage mineral exploration activities including drilling, geological assessment, and project advancement, with the objective of delineating gold resources for future development. It is currently pre-revenue and capital is raised through equity prospectus offerings to fund ongoing exploration work.
Differentiator
Problem solved
Functional benefit
Products and services
- Wildcat Project A precious metals exploration project located in Nevada, advancing through exploration and development activities targeting gold mineralization.
- Mountain View Project A precious metals exploration project located in Nevada, advancing through exploration and development activities targeting gold mineralization.
Companies that use Millennial Precious Metals
Customer profileIdeal customer profiles1 record
Millennial Precious Metals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Millennial Precious Metals partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights3 records
Millennial Precious Metals competitors and assessment
Company assessmentBroad incumbents
- Coeur Mining Inc: Coeur Mining is a precious metals producer with gold and silver operations across North America. Comparable to Millennial as a publicly listed precious metals vehicle with a focus on North American mining jurisdictions.
- Newmont Corporation: Newmont is the world's largest gold mining company and operates multiple mines across Nevada, including the Nevada Gold Mines JV. It is comparable to Millennial as a Nevada gold-mining counterparty and potential acquirer of advanced exploration-stage assets.
- Hecla Mining Company: Hecla Mining is a precious metals producer with silver and gold mining operations, including assets in Nevada. Comparable to Millennial as a North American-focused precious metals miner and potential consolidator of exploration-stage assets.
- Barrick Gold Corporation: Barrick Gold is one of the world's largest gold producers and is the operating partner of the Nevada Gold Mines JV. Comparable to Millennial as the dominant Nevada incumbent and likely acquirer of advanced-stage exploration assets in the region.
Others
- EMX Royalty Corporation: EMX Royalty is a royalty company focused on precious and base metals properties, including Nevada assets. Comparable to Millennial as a peer royalty/generator model and a potential strategic acquirer of royalty interests on early-stage Nevada gold projects.
- Wheaton Precious Metals Corp: Wheaton Precious Metals is a precious metals streaming and royalty company that finances mining companies in exchange for future metal deliveries. Comparable to Millennial indirectly as a potential non-dilutive financing counterparty or acquirer of streaming/royalty interests on Wildcat or Mountain View.
Direct peers
- Argonaut Gold Inc: Argonaut Gold is a gold producer with operating assets and exploration projects in Nevada and other North American jurisdictions. Comparable to Millennial as a Nevada-anchored gold company, though at a larger production-stage scale.
- i-80 Gold Corp: i-80 Gold is a Nevada-focused gold exploration and development company advancing multiple precious metals projects in the state. It is highly comparable to Millennial as a junior gold vehicle operating in the same jurisdiction with a project-portfolio model and similar investor base.
- Scorpio Gold Corporation: Scorpio Gold is a junior gold producer and explorer with assets in Nevada. Comparable to Millennial as a small-cap, Nevada-focused gold company with similar scale, public listing structure, and exploration-stage project pipeline.
- Integra Resources Corp: Integra is a precious metals developer in the Great Basin focused on Nevada and Idaho gold and silver assets, advancing the Florida Canyon Mine, DeLamar, and Nevada North projects. Comparable to Millennial as a Great Basin-focused precious metals vehicle progressing early- to mid-stage gold projects.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Millennial Precious Metals social profiles
Digital presenceMillennial Precious Metals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Millennial Precious Metals leadership team
Management profileNumber of profiles
Profiles1 record
Millennial Precious Metals funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Millennial Precious Metals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Millennial Precious Metals
What does Millennial Precious Metals do?
Millennial Precious Metals is a precious metals exploration company advancing two gold-focused exploration and development projects in Nevada: the Wildcat Project and the Mountain View Project. The company is engaged in early-stage mineral exploration activities including drilling, geological assessment, and project advancement, with the objective of delineating gold resources for future development. It is currently pre-revenue and capital is raised through equity prospectus offerings to fund ongoing exploration work.
Is Millennial Precious Metals a public or private company?
Millennial Precious Metals is a private company. It is classified as public and is currently operating.
When was Millennial Precious Metals founded?
Millennial Precious Metals was founded in 2020. It employs 11 to 50 people.
Where is Millennial Precious Metals based?
Millennial Precious Metals is headquartered in Toronto, Canada, in the North America region.
Who are Millennial Precious Metals's main competitors?
Broad incumbents on record are Coeur Mining Inc, Newmont Corporation, Hecla Mining Company and Barrick Gold Corporation. Others are EMX Royalty Corporation and Wheaton Precious Metals Corp. Direct peers are Argonaut Gold Inc, i-80 Gold Corp, Scorpio Gold Corporation and Integra Resources Corp.
Does Millennial Precious Metals have an API?
No public API is recorded for Millennial Precious Metals.
What industry is Millennial Precious Metals in?
Millennial Precious Metals's product category is Gold Exploration and Mining. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212220 and its SIC code is 1040.