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Wealth Minerals Ltd V.WML

Alternate Symbol(s):  WMLLF

Wealth Minerals Ltd. is a Canada-based mineral resource company. The principal business activity of the Company is the exploration for minerals and the development of exploration and evaluation assets, primarily in Chile, Canada, Peru, and Mexico. Its projects include the Atacama Lithium Project, the Kuska Salar Project, and the Kootenay Project. The Atacama Salar project covers an area of approximately 46,200 hectares (ha) located in the northern part of Atacama Salar, in Region II of Chile. The concessions are adjacent to highway 23, which connects northern Chile with Argentina. The Kuska project consists of 8,000 hectares located in northern Chile, Region II, near the Chile-Bolivia border and approximately 200 kilometers (km) due north from Atacama. It also holds 2,500 ha of license area adjacent to the Kuska Project in the Ollague Salar in Chile. Its Kootenay project comprises two separate claim blocks: Ledgend, totaling 1728 hectares, and Lardeau-Goldsmith, covering 6918 hectares.


TSXV:WML - Post by User

Bullboard Posts
Post by DealNoDealon May 23, 2007 1:55pm
391 Views
Post# 12826155

First Sprott Takes 12% Now

First Sprott Takes 12% NowCanaccord has the following to say: Canaccord Morning Coffee on Wealth Minerals Wealth Minerals* (WML : TSX-V : $5.60), Net Change: 0.01, % Change: 0.18%, Volume: 255,074 “Oooh, this rock here looks nice…” Wealth traded as high as $6.12 in response to positive early-stage uranium exploration results from its Bororo Nuevo property in Argentina. Results from 79 grab samples returned an average grade of 0.44% U3O8, with the occasional high-grade (6.4% U3O8) result. Wealth also believes it may have discovered a new zone two kilometres to the north, where samples are currently out for assay. While this news is promising, Wealth will now need to confirm these discoveries by drilling. Currently, more detailed sampling is underway in order to scout out locations for drilling, which the company hopes to start as soon as possible. --------------------------------------------------------------------- My comments Below: A URANIUM FAIRWAY 7km long by 3km wide on the surface open pittable with scintillometer readings off the scale (more than 9999 cps) which eaquates to uranium values of 1% or 20 lbs/ton this is truly amazing and the current stock price is a steal at these levels.
Bullboard Posts