Wealth firma CdI para adquirir proyecto de litio Pujsa, en el salar de Pujsa

Wealth Minerals Ltda. anuncia que ha ejecutado una Carta de Intención (CdI) para entrar en un acuerdo que le da el derecho de adquirir el 100% de los intereses libres de royalty, en las concesiones de exploración Pujsa 1 a 7, localizadas en el Salar de Pujsa, en la segunda región, en el norte de Chile.

Sumándose a las recientemente anunciadas adquisiciones en el Salar de Maricunga y el Salar de aguas Calientes Norte, Wealth esta anunciando una tercera adquisición, esta vez en el Salar de Pujsa”, indicó Henk Van Alphen, Presidente y CEO de Wealth.  “En 2015, las autoridades chilenas identificaron 15 salares como los que tenían el mas alto potencial y todas las adquisiciones de Wealth están en esa lista. Wealth continuará buscando adquirir más proyectos de alto potencial de explotación de litio en Sudamérica

Detalles de la propiedad

El Salar de Atacama es actualmente el único salar en chile que produce litio. El Servicio Nacional de Geología y Minería (SERNAGEOMIN) de Chile ha publicado una lista de los 15 salares con mayor potencial en Chile. Y Pujsa esta incluido en la lista. Análisis independientes publicados por Signum BOX en junio de 2015 sugieren una concentración de 220 mg/l a 620 mg/l. Wealth aun no realiza ninguna estudio de muestras en la propiedad para validar esos niveles de concentración de litio.

Los salares que no producen tiene un limitado trabajo de exploración y la mayoría aun debe ser sistemáticamente explorados. Esto se requerirá para que cualquier recurso potencial pueda identificarse y sea completamente evaluado y cuantificado. De acuerdo a esto, el programa inicial que ejecutara la compañía en la propiedad consistirá en un programa de prospección y muestreo para determinar la existencia, naturaleza, extensión y distribución del litio en la propiedad.

La concesión comprende un área de aproximadamente 1600 hectáreas. Están localizadas 83 km desde el pueblo de San Pedro de Atacama. El acceso a la propiedad es vía la ruta 27, localizada al norte del  sector reclamado y luego hacia el sur por camino de ripio hasta la propiedad.

Términos de adquisición

De acuerdo a la Carta de Intención, sujeto al cumplimiento de ciertas condiciones precedentes, se le garantizará a Wealth la opción exclusiva para adquirir  el interés 100% libre de royalty en el proyecto del vendedor, una compañía privada chilena, realizando los siguientes pagos a dicho vendedor:

US$200.000 Al momento de la firma 
US$50.000 el 13 de diciembre de 2017
US$750.000 el 13 de junio de 2018
US$800.000 el 13 de junio de 2019
US$850.000 el 13 de junio de 2020

Sujeto a satisfactorios buenos oficios por Wealth y el establecimiento de un acuerdo de opción formal, lo que se debe completar en 60 días, la subsidiaria chilena de Wealth y el vendedor ejecutarán un acuerdo de opción formal. No habrá compromisos de trabajo bajo el acuerdo de opción, pero Wealth Chile es responsable por mantener las concesiones en buena forma durante la duración de la opción.
La ejecución del acuerdo de opción estará sujeto a la aceptación de la TSX Venture Exchange.

Persona calificada.

Keith J. Henderson, P.Geo., un profesional calificado como se define por el Instrumento Nacional 43-11, ha revisado la información técnica y científica que forma las bases para este comunicado de prensa y ha aprobado la correspondiente difusión. El señor Henderson es un consultor de Wealth, pero también tiene acciones e incentivos en la compañía.

Sobre  Wealth Minerals Ltd.

Wealth es una compañía de recursos minerales con intereses en Canadá, México, Perú y Chile. El principal enfoque de la compañía es la adquisición de proyectos de litio en Sudamérica, incluyendo intereses en los salares de Maricunga y Aguas Calientes Norte, en Chile. La compañía también mantiene un portafolio de metales preciosos y de base en etapa de exploración, incluyendo Yanamina en Perú y Valsequillo en México.

Para mayores detalles sobre la compañía, los lectores deben referirse al sito web de la compañía (www.wealthminerals.com) y sobre los xxx regulatorios canadienses a SEDAR en www.sedar.com

Por el directorio de WEALTH MINERALS LTD.

Hendrik van Alphen
Presidente y CEO

 

Mapa que muestra 15 salares identificados como los mejores prospectos en Chile, por el SERNAGEOMIN. Los salares de interés para Wealth con texto en rojo.
Imagen ampliada disponible en: http://photos.newswire.ca/images/download/20160616_C7898_PHOTO_EN_715795.jpg

Mapa mostrando las concesiones 1-7 de Pujsa, relativas al salar de Pujsa.
Imagen ampliada disponible en: http://photos.newswire.ca/images/download/20160616_C7898_PHOTO_EN_715796.jpg

La versión original del articulo, en inglés, a continuación:

Wealth Signs LOI to Acquire Pujsa Lithium Project, Salar de Pujsa, Chile

Published: June 16, 2016 8:00 a.m. ET

      
VANCOUVER, Jun 16, 2016 (Canada NewsWire via COMTEX) -- Wealth Minerals Ltd. (the "Company" or "Wealth") - (WML)(otcqb:WMLLF)(frankfurt:EJZ), announces that it has executed a Letter of Intent (the "LOI") to enter into an option agreement giving it the right to acquire a 100% royalty-free interest in the Pujsa 1 to 7 exploration concessions located in the Pujsa Salar (the "Property"), Region II, northern Chile.

"Adding to the Company's recently announced acquisitions in the Salar de Maricunga and the Salar de Aguas Calientes Norte, Wealth is announcing a third acquisition, this time in the Salar de Pujsa." stated Henk van Alphen, Wealth's President & CEO. "In 2015, the Chilean authorities identified fifteen salars (salt flats) as having the highest potential and all of Wealth's acquisitions are included in that list. Wealth is continuing to seek to acquire additional high-potential lithium brine projects in South America."

Property Details

The Salar de Atacama is currently the only salar in Chile which produces lithium. Chile's Sernageomin (Servicio Nacional de Geologia y Minera) has published a list of 15 other high-potential Chilean Salars, and the Pujsa Salar is included in this list (Figure 1). Independent analysis published by signum BOX (June 2015) suggests an expected lithium concentration of 220 mg/l to 620 mg/l. Wealth has not yet done any sampling at the Property to validate these levels of lithium concentration.

The non-producing salars in Chile have had limited exploration work completed and most of them are yet to be systematically explored. Exploration will be required so that any potential resources can be identified and fully evaluated and quantified. Accordingly, the initial program to be carried out by the Company at the Property will consist of a program of prospecting and sampling to determine the existence, nature, extent and distribution of lithium at the Property.

The concessions comprising the Property cover an area of approximately 1,600 hectares (Figure 2). The exploration concessions are located 83km from the town of San Pedro de Atacama. Access to the Property is via Route 27, a highway located to the north of the claim block, and then south by gravel road to the Property.

Acquisition Terms

Under the LOI, subject to the completion of certain conditions precedent, Wealth would be granted the exclusive option to acquire a 100% royalty-free interest in the Project from the arm's length vendor (a private Chilean company) ("Vendor") by making the following payments to the Vendor:

Date Payment 
Upon signing USD 200,000 
December 13, 2017 USD 50,000 
June 13, 2018 USD 750,000 
June 13, 2019 USD 800,000 
June 13, 2020 USD 850,000 

Subject to satisfactory due diligence by Wealth and settlement of a formal option agreement, which is to be completed within 60 days, Wealth's Chilean subsidiary and the Vendor will execute a formal Option Agreement. There will not be any work commitments under the Option Agreement, but Wealth Chile is responsible for maintaining the concessions in good standing during the term of the option.

The execution of the Option Agreement by Wealth is subject to the acceptance for filing thereof by the TSX Venture Exchange.

Qualified Person

Keith J. Henderson, P.Geo., a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Henderson is a consultant to Wealth, but does hold common shares and incentive stock options in the Company.

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada, Mexico, Peru and Chile. The Company's main focus is the acquisition of Lithium projects in South America, including interests in the Salar de Maricunga and the Salar de Aguas Calientes Norte in Chile. The Company also maintains a portfolio of precious and base metal exploration-stage projects, including Yanamina (Peru) and Valsequillo (Mexico).

For further details on the Company readers are referred to the Company's web site (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of WEALTH MINERALS LTD.

Hendrik van Alphen

President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement, timing and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the Company's expectation that it will be able to enter into agreements to acquire interests in additional mineral projects, including lithium projects, the proposed execution of a formal option agreement whereby the Company can acquire a 100% interest in the Property and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including TSXV acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Caution Regarding Adjacent or Similar Mineral Properties

This news release contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits, and the results of any mining thereof, on adjacent or similar properties are not indicative of mineral deposits on the Company's properties or any potential exploitation thereof.

SOURCE Wealth Minerals Limited

Image with caption: "Figure 1: Map Showing 15 Salares (Salt Flats) Identified as the Most Prospective in Chile by Chile's Servicio Nacional de Geologia y Minera, with Salares in which Wealth has the Right to Earn an Interest Identified in Red (CNW Group/Wealth Minerals Limited)". Image available at: http://photos.newswire.ca/images/download/20160616_C7898_PHOTO_EN_715795.jpg

Image with caption: "Figure 2: Map Showing Pujsa 1 -7 Concessions relative to the Salar de Pujsa (CNW Group/Wealth Minerals Limited)". Image available at: http://photos.newswire.ca/images/download/20160616_C7898_PHOTO_EN_715796.jpg

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2016/16/c7898.html

SOURCE: Wealth Minerals Limited

Henk Van Alphen or Marla Ritchie, Phone: 604-331-0096 Ext. 3886 or 604-638-3886, E-mail: info@wealthminerals.com