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Wealth Minerals Ltd. (WMLLF)

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Last Post: 9/17/2016 5:59:29 AM - Followers: 6 - Board type: Free - Posts Today: 0

Wealth Minerals Joins OTCQX

Date : 05/10/2011 @ 7:00AM  



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June 03, 2011
Wealth Commences Drilling on its Rodeo de los Molles Rare Earth Element Project, Argentina  http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=460628&_Type=News-Releases&_Title=Wealth-Commences-Drilling-on-its-Rodeo-de-los-Molles-Rare-Earth-Element-Pro...



May 04, 2011 Wealth Minerals Intersects Potentially Large, Bulk Tonnage, Uranium System at Bororo Nuevo Project in San Jorge Basin, Argentina  http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=455185&_Type=News-Releases&_Title=Wealth-Minerals-Intersects-Potentially-Large-Bulk-Tonnage-Uranium-System-at...
April 11, 2011 Initial Sampling Confirms Presence of High-Grade Rare Earth Element Mineralization at Wealth's Rodeo de los Molles Project, Argentina http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=451248&_Type=News-Releases&_Title=Initial-Sampling-Confirms-Presence-of-High-Grade-Rare-Earth-Element-Mineral...
March 25, 2011 Wealth Grants 2,000,000 Stock Options http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=449066&_Type=News-Releases&_Title=Wealth-Grants-2000000-Stock-Options
March 23, 2011 Wealth Commences discovery drilling campaign on its Bororo Nuevo Uranium Property, San Jorge Basin, Argentina http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=448747&_Type=News-Releases&_Title=Wealth-Commences-discovery-drilling-campaign-on-its-Bororo-Nuevo-Uranium-Pr...
January 17, 2011 Rare Earth Element expert Dr. Mariano and Argentina REE specialist Dr. Lira Join Mr. Neill to Form Special Advisory Board on Rare Earth Elements http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=437945&_Type=News-Releases&_Title=Rare-Earth-Element-expert-Dr.-Mariano-and-Argentina-REE-specialist-Dr.-Lira...
January 04, 2011 Wealth acquires ~6,000 hectares of ground surrounding its Rodeo de los Molles Rare Earth Deposit, San Luis Province, Argentina  http://www.wealthminerals.com/s/NewsReleases.asp?ReportID=436994&_Type=News-Releases&_Title=Wealth-acquires-6000-hectares-of-ground-surrounding-its-Rodeo-de-los-Molles...

Market Value1 $28,525,348 a/o May 13, 2011
Shares Outstanding 50,044,471 a/o Apr 13, 2011
Float 40,695,665 a/o Apr 13, 2011

Company web-site:  http://www.wealthminerals.com/s/Home.asp

Wealth Minerals Ltd.  is a junior exploration and mine development company. Wealth's geological team is currently focused in Argentina on two of the world's most strategically important commodities: rare earth elements and uranium. The Company has the option to acquire a 100% interest in the Rodeo de Los Molles rare earth deposit, and owns a 100% interest in the Bororo Nuevo project that covers 355 square kilometers within the world's last and least-explored sandstone-hosted uranium basin. The company is well-financed and active on both fronts with exploration and drilling.
As a member of the Cardero Group of Companies, Wealth has access to some of the top financial, geological and technical people in the industry through its board and advisory panels.


The Rodeo de los Molles ("RdlM") rare earth element ("REE") deposit
is located in San Luis Province, Argentina has an historical geologic
resource* of 5.6 Mt at 2.1% Total Rare Element Oxide ("TREO") and
0.02% U308.
Based on the historical data Wealth Minerals Ltd. assembled a land package of
over 6,000 hectares surrounding the historical deposit area and implemented
a 2-phase surface sampling program. The initial phase was successful in
confirming the tenor and high-grade nature of REE mineralization as indicated
in the historical reports. Highlights from the Phase I program consisted of 136
samples yielding an average of 1.70% TREO with individual assays as high as
28.9% TREO.  Of particular note was the high grade mineralization encountered
at El Rulo (8.7 M grading 1.3% incl. 3.5 M grading 2.92%) which lies well
outside, but on strike between the historic deposits at Mina Norte and La Juli
to the south.  Initial metallurgical results from outcrop sampling and stockpiled
quarry material indicate that mineralization is hosted in bastnasite, which is
geologically analogous to Molycorp's Mountain Pass deposit.
Confirmation and exploratory drilling will commence at Rodeo de los Molles in
late May 2011.

Bororo Nuevo Property - Chubut Province, Argentina

The Bororo Nuevo property (BN) is the flagship of the Company's five uranium properties in the productive San Jorge Basin, which is host to the past-producing Cerro Condor and Los Adobes deposits as well as the 10.3 million pound U3O8  Cerro Solo uranium deposit. The Basin lies within the Patagonian Provinces of Santa Cruz and Chubut and is readily accessible via an all-season paved road and a network of well-maintained gravel roads. Wealth currently owns or has the exclusive right to own 76 'minas' and 'cateos' (concessions) that total approximately 600,000 hectares (6,000 square kilometres) representing the largest land position in what has been described as the last and least-explored sandstone-hosted uranium district in the world.

The BN property consists of 4 minas and 6 cateos that total ~35,500 hectares (355 square kilometres). To date, nine large zones of mineralization have been discovered within a uranium fairway measuring 12 by 4 kilometres and less than 12% of the property has been mapped and prospected. Significant results from the project include:
  • Uranium values from 608 surface samples average 2.41 lbs/ton U3O8  (0.102% uranium)
  • Continuous chip sampling results of 10 metres @ 7.33 lbs/ton U3O8  (0.311% uranium) and 12.5 metres @ 4.01 lbs/ton U3O8  (0.170% uranium)
  • 25+ year old drill cuttings assayed 4.22 lbs/ton U3O8  (0.179% uranium)
Mineralization at BN is typical of both sandstone-hosted types of uranium deposits (e.g. Kazakhstan, Niger, central U.S.), which globally account for approximately 30% of worldwide uranium resources, as well as calcrete-hosted uranium deposits such as the Langer Heinrich and Trekkopje uranium deposits in Namibia.

The stratigraphy is known to be productive and the continued success of surficial exploration programs at BN clearly highlights the uranium-rich and underexplored nature of the San Jorge Basin. 

 

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WMLLF News: Small Company Offering and Sale of Securities Without Registration (d) 05/06/2016 02:47:09 PM
PostSubject
#35   Very quiet here, but the company is making ahasja 09/17/16 05:59:29 AM
#34   QUIET HERE FOR ALMOST 4 MONTHS...........Hammer Hammer1 07/28/16 06:58:16 PM
#33   DAM THIS WAS AT .09 IN DEC...........Hammer Hammer1 07/28/16 06:57:24 PM
#32   REVIEWING SS AND CORPERATE ACTIONS..........WILL ADVISE..........Hammer Hammer1 07/28/16 06:56:58 PM
#31   LOOKING VERY NICE HERE.........Hammer Hammer1 07/28/16 06:56:26 PM
#30   WMLLF bullish 0.71 stocktrademan 07/15/16 04:00:53 PM
#29   Ya, but, why all the insider selling? BajaWizard 04/17/16 12:28:39 AM
#28   IR guy is the absolute greatest in the Celtics2011 04/16/16 10:39:18 PM
#27   Why all he insider dumping? BajaWizard 04/16/16 02:33:30 PM
#26   Wealth Minerals Ltd. (WML.v) Builds its Gold Portfolio peedeeheenee 07/13/15 02:57:43 PM
#25   Wealth Minerals leading the way in the depressed peedeeheenee 06/09/15 10:29:34 AM
#24   37 Reasons why Wealth Minerals Recent Rise is peedeeheenee 04/06/15 11:58:47 AM
#23   Wealth Enters into Exclusive LOI to Negotiate Agreement peedeeheenee 04/01/15 09:44:08 AM
#22   Wealth Minerals six-million-share private placement peedeeheenee 03/26/15 07:23:04 PM
#21   WMLLF one for 4 reverse split: Renee 10/30/14 06:06:34 PM
#20   This is my 11th post in a row. wshaw14 03/28/12 06:19:24 AM
#19   It an wait.seems I am the only one wshaw14 03/18/12 06:58:39 PM
#18   Wow, this one looks like a dead entity. wshaw14 03/17/12 07:21:16 AM
#17   Still holding a core, but have sold off wshaw14 02/20/12 02:24:57 AM
#16   This is kind of painful to hang around wshaw14 01/10/12 06:30:03 AM
#15   October 25, 2011 wshaw14 11/28/11 09:47:48 PM
#14   October 17, 2011 wshaw14 11/07/11 04:50:46 PM
#13   Nice move here today, but on next to wshaw14 11/07/11 04:45:18 PM
#12   September 21, 2011 wshaw14 10/13/11 06:57:35 AM
#11   Looks like wealthminerals has secured some financing. Not wshaw14 08/18/11 08:00:41 AM
#10   June 03, 2011 Wealth Commences Drilling on wshaw14 07/03/11 01:07:19 AM
#9   June 03, 2011 Wealth Commences Drilling on wshaw14 06/05/11 01:44:40 AM
#8   WMLLF socialmedia investing 06/03/11 03:06:59 PM
#7   Wealth Minerals Joins OTCQX wshaw14 05/22/11 05:41:16 AM
#6   OK, I have updated the board, looks like wshaw14 05/14/11 03:48:31 AM
#5   It is time for somebody to update this board. wshaw14 05/13/11 04:08:05 AM
#4   I am going to continue DD. I think wshaw14 05/13/11 03:45:12 AM
#3   Hello? No interest in WMLLF? wshaw14 05/13/11 03:43:20 AM
#2   I have been doing a little DD. Looks wshaw14 05/13/11 03:42:49 AM
#1   I guess I will be the first here. wshaw14 05/13/11 03:42:00 AM
PostSubject