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Positive Soil Sampling Results for Coronado Au-Ag-Cu Project Chihuahua, Mexico
Positive Soil Sampling Results for Coronado Au-Ag-Cu Project Chihuahua, Mexico Pos...
About this update from Wealth Minerals Ltd.
[{"type":"text","content":"\n\n\n\nPositive Soil Sampling Results for Coronado Au-Ag-Cu Project Chihuahua, Mexico\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPositive Soil Sampling Results for Coronado Au-Ag-Cu Project Chihuahua, Mexico\nCanada NewsWire\nVANCOUVER, July 5, 2016\n\n\n\n\n\n\nVANCOUVER, July 5, 2016 /CNW/ - Wealth Minerals Ltd. (the \"Company\" or \"Wealth\") - (TSXV: WML; OTC: WMLLF; Frankfurt: EJZ), announces results for the recently completed soil sample grid and mapping programme on the Coronado Au-Ag Project, located in southern Chihuahua, Mexico, about 35 km southwest of the city of Jimenez and roughly 25 km east of Wealth's Valsequillo property. The soil results define three large multi-element soil anomalies (silver-zinc-copper) each being over 1 km in dimension.\n\n\"The soil sample results confirm the high potential of the Coronado property. While Wealth's focus is on lithium assets in Chile, there remains considerable value in our Mexican and Peruvian assets. Targeted work can unlock that value for shareholders.\" stated Tim McCutcheon, Wealth's President.\n\nInterpretation of Results\n\nA map of the soil grid and regional geology is given below; detailed maps of the results can be found on Wealth's website at http://wealthminerals.com/precious-metals/coronado. Three broad (>1 km) soil anomalies were defined by the soil sampling: 1) A southern Ag-Zn-Cu anomaly at the southern end of the claim block, coinciding with the contact of marble of the Cuesta del Cura formation with El Toro granite; this anomaly is on trend with the structurally controlled La Rocosa Ag-Cu prospect to the southeast and strengthens in that direction, 2) an irregular Au±Cu anomaly that occurs over the El Torito breccia on the 3rd party claims; Cu extends to the northwest following the trend of El Toro granodiorite intrusions, whereas Au forms a parallel anomaly offset to the northeast and extending southeast, and 3) a broad (>2 km) east-west oriented, low-level Ag-Zn-Cu anomaly in the central part of the grid; this anomaly is off the regional northwest trend. \n\nThe Ag-Zn-Cu anom...