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WEALTH MINERALS LTD - WMLLF STOCK NEWS

Welcome to our dedicated page for WEALTH MINERALS news (Ticker: WMLLF), a resource for investors and traders seeking the latest updates and insights on WEALTH MINERALS stock.

Wealth Minerals Ltd. is a junior mineral resource exploration company that focuses on acquiring, exploring, and developing mineral properties in Chile, Canada, and Mexico. The company's primary focus is on exploring for lithium, as well as precious metal, copper, gold, and silver deposits. Their main project, the Atacama project, comprises 144 exploration concessions in the Atacama Salar in northern Chile. Wealth Minerals has a strategic alliance agreement with ENAMI and is headquartered in Vancouver, Canada.

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Wealth Minerals (TSXV: WML) (OTCQB: WMLLF) announces its intention to apply for a Special Lithium Operation Contract (CEOL) for the Kuska Project in the Ollagüe Salar. The Chilean government has selected Ollagüe as one of six locations for the first group of lithium project developments, based on favorable conditions and strong investor interest.

The government will implement a simplified CEOL allocation process for these six locations, considering applicants' experience, financial strength, and mining concession holdings. Specific rules for this process will be published soon, with CEOL requests expected before year-end. The Mining Ministry will also conduct indigenous consultation processes and provide CEOL draft templates to applicants.

Wealth Minerals' CEO, Henk van Alphen, expressed excitement about Ollagüe's selection, confirming the Kuska project's quality and potential. The company has prepared extensively for the CEOL application. Francisco Lepeley, CEO of Wealth Minerals Chile, highlighted the project's competitive potential and the company's technical work and community relationships.

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Wealth Minerals (TSXV: WML) (OTCQB: WMLLF) announced on May 15, 2024, that Sulzer has acquired a single-digit minority share in the company. Sulzer, a global leader in energy security and natural resource processing, aligns with Wealth Minerals' commitment to green energy projects like Direct Lithium Extraction (DLE) in Chile.

This partnership aims to secure the lithium supply chain and reduce environmental impacts. Sulzer's Executive Chairwoman, Suzanne Thoma, emphasized their dedication to sustainable technologies, while Wealth Minerals' CEO, Henk van Alphen, welcomed Sulzer as a strategic investor. Jan Lueder, President of Sulzer's Flow Equipment Division, joins Wealth Minerals' advisory board to advance sustainable energy solutions.

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Wealth Minerals (WMLLF) is set to participate in the Sidoti Small Cap Virtual Conference on May 8-9, 2024. The company will present its premier Chilean lithium projects supporting the global energy transition. Management will engage in virtual one-on-one meetings with institutional investors and host a presentation on May 9, 2024. Interested parties can join the online presentation via the provided webcast link. Registration is mandatory for conference participation.

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Wealth Minerals mourns the passing of former board member Leonard Harris. The company expresses deep condolences to his family, highlighting his valuable contribution as a mining executive. The announcement emphasizes his professionalism, engaging personality, and dedication to the community. The press release also features a statement from Henk van Alphen, President & CEO, expressing sorrow for the loss and committing to honoring Mr. Harris's legacy.

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Wealth Minerals announces geophysical survey results at Kuska Project, Ollague Salar, revealing potential lithium-bearing brines. The surveys identified highly conductive zones with drill targets, showcasing the project's value expansion. Further geophysics and drilling are recommended for the newly acquired claims.
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Wealth Minerals Ltd. provides an operational update, including participation in the PDAC mining conference, progress on the Kuska Project, and renaming of the Atacama Project to Yapuckuta Project. The company aims to advance its projects and enhance stakeholder engagement.
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Wealth Minerals Ltd. engages MZ Group for investor relations and financial communications program to increase visibility and highlight flagship lithium projects in Chile. MZ will work on a capital markets strategy to benefit from the global energy transition and the Inflation Reduction Act, positioning Wealth Minerals as a potential beneficiary. The Company's Atacama Lithium Project and Kuska Lithium Project show promising financial potential, making Wealth Minerals an attractive opportunity for investors.
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Wealth Minerals Ltd. acquires 2,500 ha of new license area adjacent to the Kuska Project in Chile, strengthening development plans. The company aims to enhance its lithium operation at Kuska with this acquisition.
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Wealth Minerals Ltd. (WML) announces positive PEA results for the Kuska project in Chile, with pre-tax NPV10% of US$1.65 bn, 33% IRR, and a 20-year Life of Mine. The project aims for a 20,000 metric tpa LCE output using DLE technology, with minimal environmental impact and renewable energy sources. Economic results are promising, with a pre-tax/pre-royalty NPV10 of US$1.65 bn and IRR of 33%.
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FAQ

What is the current stock price of WEALTH MINERALS (WMLLF)?

The current stock price of WEALTH MINERALS (WMLLF) is $0.0634 as of January 28, 2025.

What is the market cap of WEALTH MINERALS (WMLLF)?

The market cap of WEALTH MINERALS (WMLLF) is approximately 13.1M.

Where is Wealth Minerals Ltd. headquartered?

Wealth Minerals Ltd. is headquartered in Vancouver, Canada.

What is the primary focus of Wealth Minerals Ltd.?

The primary focus of Wealth Minerals Ltd. is on acquiring, exploring, and developing mineral properties in Chile, Canada, and Mexico, with a focus on lithium and other mineral deposits.

What is the Atacama project?

The Atacama project is the main project of Wealth Minerals Ltd., consisting of 144 exploration concessions in the Atacama Salar in northern Chile.

Does Wealth Minerals Ltd. have any strategic partnerships?

Wealth Minerals Ltd. has a strategic alliance agreement with ENAMI.

What does Wealth Minerals Ltd. primarily explore for?

Wealth Minerals Ltd. primarily explores for lithium, as well as precious metal, copper, gold, and silver deposits.

What regions are included in Wealth Minerals Ltd.'s exploration projects?

Wealth Minerals Ltd. explores mineral properties in Chile, Canada, and Mexico.

What is the significance of the Kuska Project for Wealth Minerals Ltd.?

The Kuska Project is a key milestone for Wealth Minerals Ltd., representing an important development towards lithium production and a significant NPV and IRR.

Who is the CEO of Wealth Minerals Ltd.?

Hendrik van Alphen is the CEO of Wealth Minerals Ltd.

What is the recent partnership announcement involving Wealth Minerals Ltd.?

Sulzer, a global technology leader, has acquired a minority share in Wealth Minerals Ltd., showing commitment to advancing green energy solutions.

What language does the name Yapuckuta come from?

The name Yapuckuta originates from the Kunza (Atacameño) language and means 'rich in salt' or 'abundant in salt'.
WEALTH MINERALS LTD

OTC:WMLLF

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13.10M
305.48M
9.06%
0.61%
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