Wealth Minerals Ltd. is a Vancouver-based minerals exploration company that explores, develops, and acquires lithium, minerals, and precious metal projects in Canada, Mexico, and Chile. Lithium is a globally recognized mineral found in large quantities in Chile, Argentina, Australia, and China.
The company focuses on the green energy industry, specifically storage and the electric vehicle market through its flagship lithium project in Chile. It mainly concentrates on acquiring, exploring, and developing lithium projects in South America. Wealth Minerals covers over 50,000 hectares of lithium brine projects and is transforming from an asset company to a developer company.
Atacama Salar: The company acquired a large land package in Atacama Salar located in Region II of Chile. The Salar de Atacama consists of more than 15% of lithium deposits in the world. The primary source of lithium here is thought to be lithium-bearing geothermal waters that arise from the El Tatio Geyser Field, situated north of the Salar. The geothermal fluids join the northern portion of the Salar through subsurface and surface flows.
Ollague: Ollague is situated in northern Chile, Region II, adjacent to the Chile-Bolivia border, situated approximately 200 kilometers north of Atacama. Ollague covers 4,200 hectares of land. Wealth Minerals has no rights or interests in adjacent properties owned by a peer company.
The Valsequillo Silver project is situated approximately 40 kilometers from Hidalgo Del Parral in the southern Chihuahua State of Mexico. It is located within the Altiplano Polymetallic Belt in north-central Mexico. It totals 2,840 hectares in the topmost section of a Tertiary system consisting of high-grade or bulk tonnage, polymetallic-precious metal type mineralization.
After renegotiating the 2012 option agreements, the company acquired the option to own and operate a 100% interest in the project from two private individuals in October 2015.
Coronado Project: Located in Chihuahua, Mexico, the company acquired a 100% interest in this property. It is situated approximately 35 kilometers SW of Jimenez city and 25 kilometers from the Valsequillo property in southern Chihuahua, Mexico. It is located inside the Mesa Central of Northern Mexico. It covers 9,911 hectares. The property is surrounded by excellent infrastructure.