Wealth Minerals aggressively advances Chile lithium asset acquisitions
26TH AUGUST 2016 - BY: HENRY LAZENBY - CREAMER MEDIA DEPUTY EDITOR: NORTH AMERICA
VANCOUVER (miningweekly.com) – The Vancouver- and Santiago-based teams of junior explorer Wealth Minerals have since February put together the largest brine property package in Chile of any junior miningcompany, in the hopes of capitalising on the rising tide of the energy metal.
On Wealth’s team is Marcelo Awad, a former Antofagasta CEO and VP at Codelco. The team also includes Henk Van Alphen and Tim McCutcheon, who have successfully operated junior mining companies in many jurisdictions.
Since Awad joined Wealth in April as executive director, the company has entered a string of option agreements in Chile’s lithium sector.
Speaking to Mining Weekly Online from Santiago, Chile, Awad stated that he and Van Alphen had a history going back several years, and his interest was piqued when he heard that Van Alphen wanted to broach the lithium industry in Chile.
According to Awad, over half of the earth’s identified lithium resources are found in South America’s lithium triangle, which comprises Chile, Argentina and Bolivia.
“When I heard about the opportunity to become involved in the lithium industry I became very interested because I could see the growth potential in acquiring multiple high-quality lithium assets at a time when the lithium market is just beginning to realise its full potential,” he stated..
Quelle: stockcharts.com
Quote:
Wealth Minerals mit Meilenstein-Deal: Akquisition im führenden Lithium-Salar in Chile
Wealth Minerals (V.WML) sichert sich ein signifikantes Landpaket in der renommiertesten Lithium-Förderregion in Chile. Wealth's neue Konzessionen werden direkt an SQM und Rockwood angrenzen, welche in dieser Top-Region sehr profitabel 100% des Lithium-Angebots in Chile bereitstellen..
Link: http://rohstoffaktien.blogspot.de/2016/08/wealth-minerals-mit-meilenstein-deal.html
Figure 1: Wealth’s newly acquired Atacama Project. SQM and Albemarle
both produce lithium carbonate from concessions held by CORFO.
both produce lithium carbonate from concessions held by CORFO.
Quelle: wealthminerals.com
Figure 2: Wealth’s total current lithium project position in northern Chile: the Atacama and Trinity Projects
Quelle: wealthminerals.com
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