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Wealth Files NI 43-101 Report on Atacama Lithium Project
(via TheNewswire) FOR IMMEDIATE RELEASE / TheNewswire / Vancouver, British Colum...
About this update from Wealth Minerals Ltd.
[{"type":"text","content":"Wealth Files NI 43-101 Report on Atacama Lithium Project(via TheNewswire)\n \n \nFOR IMMEDIATE RELEASE / TheNewswire /Vancouver, British Columbia: Wealth Minerals Ltd. (the \"Company\" or \"Wealth\") - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZN), reports that, in connection with the previously announced grant to Wealth of an option to acquire a 100% royalty-free interest in and to the Proyecto Atacama Lithium (the \"Project\"), it has filed on SEDAR a National Instrument 43-101 (\"NI 43-101\") technical report titled \"NI 43-101 Technical Report on the Atacama Lithium Project El Loa Province Region II Republic of Chile\" dated March 10, 2017 (the \"Report\"). \n\n \n \n\"The Report filed today is an important development for Wealth and the Project. The Report provides an independent assessment of Wealth's lithium brine exploration model and comprehensive recommendations for upcoming exploration and Project evaluation,\" stated Henk van Alphen, Wealth's CEO. \"The Salar de Atacama is the only salar in South America where lithium is recovered using conventional evaporation techniques and it hosts approximately 15% of global lithium resources. We are currently applying for permits to move forward with our exploration plans through the remainder of 2017.\"\n\n \n \n\"We encourage shareholders to review the content of this news release and the Report, which outlines the prospective nature of the Company's land position in the Salar de Atacama and the exploration steps necessary to test the model that lithium-bearing brines exist at depth,\" stated Tim McCutcheon, the Company's President. \"Despite being contiguous with existing production facilities, the northern portion of the salar has never before been explored for lithium brine potential, despite the geology and hydrogeology being similar to producing areas.\"\n\n \n \nReaders are cautioned that lithium production in the Salar de Atacama is from adjacent properties and that Wealth has no interest in or right to acquire any interest in those producing areas. Mineral deposits on adjacent or similar properties and any production thereon or economics with respect thereto are not in any way indicative of mineral deposits on the Project or the potential production from or economics of any future lithium extraction on the Project.\n\n \n \nReport Summary\n\n \n \nThe Project ...