Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Vdwbapon Jan 23, 2018 5:42am
137 Views
Post# 27413758

100% royalty free interests. Wealth (hidden) treasure?

100% royalty free interests. Wealth (hidden) treasure?
Time will tell what the situation will be for Wealth given the 'royalty violence' by Corfo. Maybe the hidden treasure can be found in the smart contracts that have been negioted and concluded by Wealth as the frase '100% royalty free' is in my view not open to multiple interpretations. 


Salar Property
On June 28, 2016, the Company entered into an option agreement, granting the Company an exclusive
option by the vendor (a private arm’s length Chilean company) to acquire a 100% royalty-free interest in
exploration concessions located in the Salar de Aguas Calientes, 

Salar de Quisquiro, Chile
During the year ended November 30, 2016, the Company executed an option agreement giving it the right
to acquire a 100% royalty-free interest in exploration concessions located in the Quisquiro Salar, Region II
of Antofagasta, Chile. 

Salar de Atacama, Chile
On August 2, 2016, the Company executed an option agreement giving it the right to acquire 100% royaltyfree
interest in exploration concessions located in the Atacama Salar, Region II, northern Chile. 


Source: CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS  (May 31, 2017)
Bullboard Posts