Wealth Minerals Ltd. provides an operation update. Prospectors & Developers Association of Canada Wealth Minerals will host at booth number 3141 during PDAC, the world's largest mining conference to be held in Toronto, Canada from March 3 - 6. Management will be at the booth and ready to meet during the conference. Kuska Project In preparation for advancing the Kuska Project past its current Preliminary Economic [...]
Wealth Minerals Ltd. announced the engagement of international investor relations specialists MZ Group to support a strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Wealth Minerals management, alongside Liviakis Financial Communications, to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility [...]
Wealth Minerals Ltd. announces it has via claim acquired 2,500 ha of new license area adjacent to the Kuska Project in the Ollagüe Salar in Chile. Although to date these new licenses have not been investigated for lithium, lithium brine resource methodology puts this new ground within statistically relevant distance to existing drill and data points . This new ground is not included in the resource estimate of the Kuska [...]
Highlights: Pre-tax NPV10% US$1.65 bn & 33% IRR Wealth Minerals Ltd. - announces reaching an important milestone in its development of the Kuska project at the Salar de Ollagüe, Antofagasta region, Chile. The Preliminary Economic Assessment has been produced by DRA Global, from the Toronto, Canada office, together with resource experts from Montgomery & Associates and other third-party consultants with pertinent [...]
Wealth Minerals Ltd. announces the Company has signed an agreement with the Indigenous Quechua Community of Ollagüe , setting the terms of cooperation between the two parties as an extension of the original cooperation agreement signed previously . Wealth remains committed to respect community rights and traditions and to be open and transparent in all activities regarding the Ollagüe Project. The two parties have agreed [...]
Wealth Minerals Ltd. announces that starting June 1, 2023 it has engaged Francisco Lepeley to be CEO of Wealth Minerals Chile SpA. Mr. Lepeley has a long track record of top management experience at leading Chilean companies, having served for nine years as CFO for several of Antofagasta PLC mines in Chile, four years as CFO of the world's second largest salmon farming company , and most recently as CFO of CAP S.A [...]
Wealth Minerals Ltd. believes the new Chilean policy regarding the lithium industry, announced last Friday by Mr. Gabriel Boric, the President of Chile, is a key step forward for developing lithium assets in Chile, and a major factor in how the global lithium industry will unfold for decades. Wealth Minerals is developing its wholly-owned Ollagüe and Atacama Projects, a combined license package over 50,000 hectares in [...]
Wealth Minerals Ltd. reports, further to its news release on January 25, 2023, that the purchase from World Copper Ltd. of 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share has now closed. On closing, the Company received 2,000,000 ELEC Shares for the aggregate cash payment amount of CAD $500,000. As the Company holds more than 10% of the issued and outstanding [...]
Wealth Minerals Ltd. announces that new data that has been released regarding an ongoing Environmental Impact Assessment report published in 2022 by Sociedad Química y Minera de Chile S.A. regarding potential brine extraction at the Atacama Salar 1,2. Wealth's CEO, Hendrik van Alphen, commented: "New data revealed by SQM is very positive for Wealth. Just 400 metres from our license package's southern border, SQM drilled a [...]
Wealth Minerals Ltd. announces that it has entered into a share purchase agreement with World Copper Ltd. whereby the Company will purchase from World Copper, 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share for the aggregate amount of $500,000 cash , subject to acceptance for filing by the TSX Venture Exchange . As the Company holds more than 10% of the issued [...]
Wealth Minerals Ltd. today announced they will be attending the virtual Q1 Investor Summit. Event: Q1 Investor Summit Date: January 26th, 2023 Presentation: January 26th at 4:00 p.m. EST Location: https://us06web.zoom.us/webinar/register/WN_hNoTpi9ITA2GIhmJggJiFg The theme is 25 micro-cap companies with a catalyst and/or strong performance in the current market: 1x1s will be available for qualified investors The [...]
Wealth Minerals Ltd. announces a maiden NI 43-101 resource estimate for its Ollagüe lithium project in Chile. This resource estimate for lithium carbonate equivalent was prepared for Wealth by independent consultants Montgomery & Associates . The resource estimate is based on Wealth's geophysical survey and the 2022 drill program, which consisted of four vertical holes for a total of 1,111m in length. Hole depths varied [...]