Major Precious Metals Corp. announced that it has completed a National Instrument 43-101 technical report supporting the Mineral Resource Estimate for the Skaergaard Project Indicated Resources of 81.6 million tonnes at 2.10 g/t PdEq resulting in 5.51 Moz contained PdEq ounces and Inferred Resources of 217.3 million tonnes at 2.05 g/t PdEq resulting in 14.4 Moz contained PdEq ounces at a cutoff grade of 1.43 g/t PdEq. A Phase 1 recommended exploration program to include a minimum of 15,000 metres of diamond drilling to further verify historical sampling and to upgrade Inferred Resources to Indicated Resources as well as expanding the deposit laterally and at depth. Drilling will also investigate the MRE potential for an initial open pit in the northern part of the deposit. Samples will also be assayed for Rhodium and other PGMs not previously analysed as well as re- assaying selected historical samples for these other PGMs. Testing for the addition of credits for vanadium, titanium, and other `critical metals' that demonstrate consistent grades across the entire deposit with the added potential increases in mineable widths within the known mineralized horizons. The combination of the Phase 1 exploration and drilling program, which is anticipated to culminate in October 2021, and the mining studies and re-assaying program, which will be completed in parallel, will form the basis for an updated MRE targeted for Fourth Quarter 2021 leading to a Preliminary Economic Analysis (PEA) targeted for completion in First Quarter 2022. The PEA will use updated metal price forecasts to determine potential for economic extraction.