Miley Cyrus Praises Beyoncé After Release of Cowboy Carter Duet 'II Most Wanted': 'You're Everything & More'

Miley Cyrus is giving Beyoncé her "flowers."

On Friday, the 32-time Grammy winner, 42, released her new album Cowboy Carter — which features a surprise duet with the "Adore You" singer titled "II Most Wanted" — and Cyrus posted to Instagram to show her love for Beyoncé.

"II Most Wanted is out now on the new @Beyonce album #CowboyCarter," she captioned a post which featured the Cowboy Carter album art. "I’ve loved Beyonce since long before I had the opportunity to meet & work with her."

Cyrus, 31, continued: "My admiration runs so much deeper now that I’ve created along side of her. Thank you Beyonce. You’re everything & more. Love you. To everyone who spent time making this song so special thank you from the bottom of my heart. Sincerely , Miley."

"II Most Wanted" is a stunning duet that details the devotion between two people in a long-term relationship over a chord progression that appears to interpolate the 1975 Fleetwood Mac classic "Landslide."

Cyrus kicks off the track singing, “Know we’re jumpin’ the gun, but we’re both still young / One day, we won’t be / Didn’t know what I want ’til I saw your face / Say goodbye to the old me."

The pair then trade off on the verses, "Came out of nowhere, didn't give no warnin' / Pedal so heavy, like the two most wanted / And I don't know what you're doin' tonight But I."

Finally on the chorus, they join forces and sweetly harmonize: "I'll be your shotgun rider 'til the day I die / Smoke out the window, flyin' down the 405 / I'll be your backseat baby, drivin' you crazy / Anytime you like (Woah) / I'll be your shotgun rider 'til the day I 'Til the day I die."

Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories. 

Following the release of Cowboy Carter on Friday, Beyoncé revealed the "vocalists, musicians, and orators" who are featured on the album: Dolly Parton, Willie Nelson, Linda Martell, Stevie Wonder, Chuck Berry, Miley Cyrus, Post Malone, Jon Batiste, Rhiannon Giddens, Nile Rodgers, Robert Randolph, Gary Clark, Jr., Willie Jones, Brittney Spencer, Shaboozey, Reyna Roberts, Tanner Adell and Tiera Kennedy.

Also featured throughout the 27-track project are The-Dream, Pharrell Williams, NO I.D., Raphael Saadiq, Ryan Tedder, Ryan Beatty, Swizz Beatz, Khirye Tyler, Derek Dixie, Ink, Nova Wav, Mamii, Cam, Tyler Johnson, Dave Hamelin, and Shawn "JAY-Z" Carter.

Cowboy Carter finds Beyoncé experimenting with the thematic elements of country music, though she specified prior to its release, "This ain’t a country album. This is a ‘Beyoncé’ album."