Wealth Minerals Ltd.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Hendrik van Alphen
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 2710 – 200 Granville Street Vancouver BC Canada V6C 3L6
- IPO Date
- Sep 22, 1995
- Website
- wealthminerals.com
- Similar Companies
- Business
- Wealth Minerals Ltd. Wealth Minerals Ltd. (TSXV:WML) is a junior mineral exploration company focused on the acquisition, exploration, and development of lithium projects in South America, primarily in Chile's Lithium Triangle; it holds interests in lithium brine assets including the flagship Yapuckuta project in the Atacama Salar, the Kuska Salar project, and the Pabellón project, as well as opportunistic battery metal properties such as nickel, copper, precious metals, and recent gold exploration targets. The company maintains 144 exploration concessions spanning 46,200 hectares in the northern Atacama Salar, a region producing over one-third of global lithium; the Kuska project covers 10,200 hectares in the Salar de Ollagüe with indicated resources of 741,000 tonnes LCE at 175 mg/L and inferred resources of 701,000 tonnes LCE at 185 mg/L, supported by a February 2024 preliminary economic assessment showing pre-tax IRR of 33% and NPV of US$1.65 billion for 20,000 tonnes annual LCE production over 20 years; and the Pabellón project comprises 26 concessions over 7,600 hectares near the Chile-Bolivia border. Founded in 1994 and headquartered at 1570-200 Burrard Street, Vancouver, British Columbia, Canada, Wealth Minerals operates through subsidiaries and partners in Chile, Canada, Mexico, and Peru, targeting brine deposits amenable to direct lithium extraction technologies in partnership with firms like FLSmidth A/S. Recent developments include the July 2025 establishment of 95%-owned subsidiary Kuska Minerals SpA in joint venture with the Quechua Indigenous Community of Ollagüe (5% ownership), which now controls the Kuska project and is pursuing a Special Lithium Operating Contract (CEOL) following Chile's September 2025 simplified procedure prioritization of Salar de Ollagüe; a September 2025 letter agreement to acquire the Andacollo Oro gold project with historical indicated resources of 2.02 million ounces gold; and ongoing CEOL applications, community consultations, and direct lithium extraction studies amid Chile's national lithium policy emphasizing state partnerships and non-evaporative methods.
Company News
Wealth Minerals (OTCMKTS:WMLLF) Short Interest Update
Wealth Minerals Provides Corporate Update
Materion (NYSE:MTRN) & Wealth Minerals (OTCMKTS:WMLLF) Financial Contrast
Wealth Minerals Closes Final Tranche of Private Placement
Wealth Minerals Closes First Tranche of Private Placement
Wealth Minerals Upsizes Private Placement and Grants Stock Options
Wealth Minerals Announces Private Placement
Wealth Minerals Permitting Application for the Kuska Project Accepted
Wealth Minerals (CVE:WML) Trading Down 21.1% – Time to Sell?
Wealth Minerals (CVE:WML) Shares Down 21.1% – Time to Sell?
Wealth Minerals (CVE:WML) Shares Down 21.1% – Time to Sell?
Wealth Minerals (CVE:WML) Stock Price Down 21.1% – Should You Sell?
Wealth Minerals Provides Update on Proposed Andacollo Oro Gold Project Acquisition
Wealth Minerals Issues Clarifying News Release
Wealth Minerals Enters into Letter Agreement to Acquire the Andacollo Oro Gold Project
Wealth Reports New Simplified Procedure for Assigning CEOL in Salar de Ollague
Wealth Minerals' New Subsidiary Kuska Minerals Is Officially Established and Its Board Meets for the First Time
Wealth Minerals Signs Memorandum of Understanding with Voith Hydro
Wealth Minerals' Participation in Successful Consortium License Permitting Bid
Wealth Minerals and the Quechua Indigenous Community of Ollague Form Kuska Minerals Joint-venture to Develop the Kuska Project in the Salar De Ollague