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Wealth Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile
Wealth Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile Wealth Signs...
About this update from Wealth Minerals Ltd.
[{"type":"text","content":"\n\n\n\nWealth Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile\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.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nWealth Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile\nCanada NewsWire\nVANCOUVER, July 29, 2016\n\n\n\n\n\n\nSigns Formal Option Agreement at Aguas Calientes Norte Salar\n\n\n\nVANCOUVER, July 29, 2016 /CNW/ - Wealth Minerals Ltd. (the \"Company\" or \"Wealth\") - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; 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 Quisco 1 to 9 exploration concessions (the \"Property\") located in the Quisquiro Salar in Region II of Antofagasta, northern Chile.  The Company also announces that it has entered into a formal option agreement giving it the right to acquire the Salar 1 and Salar 2 mining concessions within the Aguas Calientes Norte Salar upon the previously announced terms (see NR16-15, June 22, 2016).\n\nQuisquiro Salar Details\n\nThe concessions comprising the Property cover an area of approximately 2,400 hectares located in the southern portion of the Salar de Quisquiro in Region II of Antofagasta, northern Chile (Figure 1).  The northern portion of the Salar de Quisquiro is held by Sociedad Quimica y Minera (\"SQM\"), one of two lithium-producing companies in Chile.  \n\nIndependent analysis published by signum BOX (2014) differentiates the top 15 lithium salars in Chile as Tier 1, 2 or 3.  Quisquiro is listed as Tier 1, together with Atacama, Maricunga, Pedernales, and La Isla.  Salars in this top-tier category have an expected lithi...