Wealth Minerals Ltd V.WML

Alternate Symbol(s): WMLLF

Metals & Mining Industrial Metals & Minerals

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.

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Wealth Minerals Ltd

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Post by moorageon Nov 15, 2023 1:03pm

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Post# 35737236

Last Update: 2023/11/14 at 3:57 PM

Wealth Minerals Last Update: 2023/11/14 at 3:57 PM

The Canadian Wealth Minerals will apply for a Special Lithium Operation Contract (CEOL) for the Salar de Ollage this week. Without referring to the specific request, the executive director of Wealth Minerals, Marcelo Awad, explained that in the Salar de Ollage, where it owns 9,200 hectares and has an agreement with the communities, “we carried out the first exploration program and we have just closed a second agreement with the communities for the second and last (program) of pumping well explorations.” He added that “we should have all of this finished by the middle of next year.” In the Salar de Ollage, they have already invested US$ 12 million, with the new program a similar sum is added, totaling about US$ 24 million, so by the middle of next year they expect to be close to US$ 24 million or US$25 million. The Canadian company also carries out prospecting in the Salar de Atacama, where it has mining property for 52,000 hectares in the northeast, Awad explained.

https://www-redimin-cl.translate.goog/empresas-aceleran-sus-apuestas-en-litio-mientras-sqm-y-codelco-descartan-version-sobre-acuerdo-por-salar-de-atacama/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

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