Wealth Announces Trinity Project Drill Program
Suite 2300 – 1177 West Hastings Street, Vancouver, BC Canada V6E 2K3
Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com
NR18-07 May 7, 2018
Wealth Announces Trinity Project Drill Program
FOR IMMEDIATE RELEASE....Vancouver, British Columbia: Wealth Mi nerals Ltd. (the
“Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZN),
provides a Trinity Project (the “ Project”) update. The Company is finalizing a drill contract and
expects to begin drilling before the end of May 2018. Drilling will consist of three drill holes to
test priority drill targets identified during Transient Electromagnetic (“TEM”) surveys.
“Wealth holds the largest portfolio of lithium brine projects i n Chile and our recently announced
partnership with ENAMI has paved the way for development of tho se projects. With this critical
partnership, the Company has shifted priorities from accumulati on of projects to systematic
technical evaluation to determine which projects will be priori tized moving forward, especially
now with the ENAMI alliance that allows both Companies to move the projects forward quickly.
Henk van Alphen, Wealth Minerals’ CEO, stated: “The worldwide d emand for inexpensive and
accessible lithium is on the verge of a dramatic spike with the continued implementation of new
transportation and communication technologies and an ever-increasing demand for energy-storage
solutions. Wealth’s project portfolio is poised to become an in creasingly important factor in the
global lithium industry, and we have a visionary strategy for bringing this essential commodity to
market.”
“Drill testing of targets at Trinity is an important step in a process that will see several projects
evaluated by the end of H1 2018.” Mr. van Alphen continued, “The Company is planning an initial
program of three holes to test highly conductive zones interpre ted to represent potential near-
surface lithium brines.”
Drilling Program
The Company completed TEM surveys (see previous news release, J anuary 28, 2018) on the
Trinity Project. TEM surveys ide ntified highly conductive zones , which are interpreted to
represent porous media with high-salinity fluids (potentially l ithium-bearing brines) at depth.
Multiple anomalies are identified within the survey area with several drill targets southwest of the
surface brine area. These targets represent the highest priorit y for exploration as they have the
highest tenor conductivity (lower r esistivity) suggesting greater saturation and/or higher salinity
(Figure 1, 2 and 3).
The drilling program is scheduled to drill three holes using a sonic drill rig to a depth of 400m
each, collecting brine samples at 50m intervals. Management expects the drill rig to be at site by
the end of May and to have completed the drill program by June.
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Figure 1: 3D visualization viewed from the southwest looking northeast. Draped 1D inversion model
sections of resistivity from the TEM survey beneath the semi-transparent satellite image over
topography. Line 2 is highlighted and shown as a section below (Figure 2).
Figure 2: TEM survey Line 2, 1D inversion model resistivity section, with a 2x vertical exaggeration.
Community Outreach
While the immediate area adjacent to the Trinity Project is dev oid of a permanent population,
Wealth has engaged with the greater area population to ensure t hat all stakeholders in the Trinity
Project development area are informed as to the Company’s activ ities and to ensure that the
Company has a social license to operate.
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Figure 3: Project location map. Original Wealth property highlighted in green and
subsequently expanded land position highlighted in red. TEM survey line locations
shown in white, with Line 2 labelled.
About Qusiquiro Property
The Quisquiro property, part of the Company’s Trinity Project, has been designated by the Chilean
Government as one of the top 15 potential lithium producers in the country, and an additional
independent analysis has given the property the highest possibl e ‘Tier One’ designation, strongly
suggesting expected lithium-brin e concentrations found to range from 423 mg/l to 1,080 mg/l
Quisquiro Salar is held by SQM and Wealth Minerals only.
Qualified Person
Mr. Keith Henderson, PGeo, is a qualified person as defined by National Instrument 43-101.
Mr. Henderson and has reviewed t he scientific and technical inf ormation that forms the basis of
this news release and has approved the disclosure herein. Mr. Henderson is not independent of the
Company.
About Wealth Minerals Ltd.
Wealth is a mineral resource company focussed on the acquisitio n and development of lithium
projects in Chile, South America. To date, the Company has pos itioned itself to develop the
Laguna Verde and Trinity projects as well as to work alongside existing producers in the prolific
Atacama where we are developing our 46,000 hectares land right. The Company aims to bring a
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reliable source of eth ically produced lithium to market in clos e cooperation with government
agencies and local stakeholders. Lithium market dynamics and a rapidly increasing metal price
are the result of profound structural issues with the industry meeting anticipated future demand.
Wealth is positioning itself to be a major beneficiary of this future mismatch of supply and demand.
The Company also maintains and continues to evaluate a portfoli o of precious and base metal
exploration-stage projects.
For further details on the Company readers are referred to the Company's website
(www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
WEALTH MINERALS LTD.
“Hendrik van Alphen”
Hendrik van Alphen
Chief Executive Officer
For further information, please contact: Henk van Alphen or Mar la Ritchie
Phone: 604-331-0096 Ext. 3886 or 604-638-3886
E-mail: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-
looking statements”) within the meaning of applicable Canadian and U.S. securities legislation, including the United
States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact,
included herein including, without limitation, statements regarding the anticipated content, commencement, timing
and cost of the Work Program and otherwise, anticipated exploration program results from the Work Program, the
discovery and delineation of mineral deposits/resources/re serves on the Project, the anticipated business plans and
timing of future activities of the Company and the Company’s expectation that it will be able to enter into agreements
to acquire interests in additional mineral properties, are forward-looking statements. Although the Company believes
that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
Forward-looking statements are typically identified by words such as: “beli eve”, “expect”, “anticipate”, “intend”,
“estimate”, “postulate” and similar expressions, or are thos e, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by the Company are not guarantees of future results
or performance, and that actual results may differ materially from those in forward-looking statements as a result of
various factors, including, issues raised during the Company's due diligence on the Project, operating and technical
difficulties in connection with mineral exploration and development activities, actual results of exploration activities,
including the Work Program, the estimation or realization of mineral reserves and mineral resources, the timing and
amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the
development of new deposits, requireme nts for additional cap ital, future prices of lith ium and precious metals,
changes in general economic conditions, changes in the financial markets and in the demand and market price for
commodities, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals,
permits or financing or in the completion of development or construction activities, changes in laws, regulations and
policies affecting mining operations, title disputes, the in ability of the Company to obtain any necessary permits,
consents or authorizations required, including TSX-V accept ance of any current or future property acquisitions or
financings and other planned activities, the timing and poss ible outcome of any pendi ng litigation, environmental
issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the
Company’s latest interim Management Discussion and Analysis and filed with certain securities commissions in
Canada. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and readers
Wealth Minerals Ltd. - 5 - May 7, 2018
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are urged to review these materials, including the technical reports filed with respect to the Company’s mineral
properties.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company
undertakes no obligation to update any of the forward- looking statements in this news release or
incorporated by reference herein, except as otherwise required by law.
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