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Wealth Minerals Ltd. (WMLLF)

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Last Post: 12/23/2021 5:04:14 PM - Followers: 19 - Board type: Free - Posts Today: 0

Wealth Minerals Joins OTCQX

Date : 05/10/2011 @ 7:00AM  



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) 01/21/2022 04:45:09 AM
#68   Nice article explaining the share structure... Dspetry 12/23/21 05:04:14 PM
#67   Nice... Subject to approval of the TSX Venture Exchange Dspetry 12/23/21 04:51:13 PM
#66   Another spot with Henk Van Alphen, CEO Dspetry 12/23/21 04:49:31 PM
#65   Nice interview... Dspetry 12/23/21 04:45:53 PM
#64   Joined ya this week. Dspetry 12/23/21 04:44:48 PM
#63   Yeah I am not big into the mineral C-Chazbar 10/04/21 10:49:07 AM
#62   Only retail is buying here. If they were jfk 10/02/21 09:37:28 PM
#61   Wealth Minerals is literally spelling it out for C-Chazbar 09/28/21 07:01:15 PM
#60   We're hitting new highs!! ChickenHawk0-001avg 09/27/21 09:49:45 AM
#59   https://wealthminerals.com/news/wealth-signs-new-option-for-kootenay-nickel-coba ChickenHawk0-001avg 09/25/21 05:09:04 AM
#58   https://youtu.be/rK1UHF9OpTA jerseyboy73 09/14/21 12:18:11 PM
#57   https://liviakis.us5.list-manage.com/track/click?u=cb085d606c61528259c709620&id= jerseyboy73 09/14/21 12:16:35 PM
#56   if it happens, they've tripped and accidentally fallen jfk 07/17/21 08:27:11 PM
#55   Anyone still here following this? I started a lumpy9200 06/01/21 10:43:54 AM
#54   You still in this one? Looks very bullish BIOCHEMUP 03/28/21 04:53:54 PM
#53   Weeeeeeeeeee.... ThatHawaiiGuy 01/19/21 09:01:04 PM
#52   Had to call a broker on this stock ThatHawaiiGuy 12/08/20 05:41:15 PM
#51   $WMLLF .08 Dleather25 05/28/20 12:36:05 AM
#50   on the way up! PowerPlay1 01/17/20 09:20:36 PM
#49   News: $WMLLF Wealth Strengthens Board and Team with whytestocks 07/15/19 09:30:19 AM
#48   News: $WMLLF Unaware of Any Material Change whytestocks 07/03/19 01:30:28 PM
#47   Dear_WML Brothers, what_is_your plan to prevent_Chilean takeover Dr_Vonschellan 07/03/19 12:50:54 PM
#46   News: $WMLLF Wealth Secures $1.25M in Loans whytestocks 03/29/19 02:30:38 PM
#45   Been a nice move here - We bought shermann7 03/14/19 08:47:31 AM
#44   News: $WMLLF Wealth Announces Option for 100% of whytestocks 03/13/19 04:24:29 PM
#43   News: $WMLLF Wealth Closes $1.35m Loan whytestocks 03/06/19 08:40:56 AM
#42   Doubled up last week ... shermann7 08/01/18 12:31:09 PM
#41   you can now buy at .48 jasonn69 07/31/18 01:34:29 PM
#40   This is an exciting company. The CEO is shermann7 05/25/18 10:02:04 AM
#39   Consider Buying Shares of Wealth Minerals Immediately! Bassman101 03/20/18 11:13:54 AM
#38   Investing BIG in the Saudi Arabia of Lithium/Wealth Minerals Bassman101 03/20/18 11:11:51 AM
#37   Wealth Enters Strategic Alliance with the National Mining petunia1 03/19/18 04:36:48 PM
#36   Wealth Minerals halted at 10:21 a.m. PT petunia1 03/19/18 01:35:02 PM
#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
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