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WML.V ·

Wealth Minerals’ Participation in Successful Consortium License Permitting Bid

Partnerships & JV

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

NR25-07 June 5, 2025

Wealth Minerals’ Participation in Successful Consortium

License Permitting Bid

FOR IMMEDIATE RELEASE… Vancouver, British Columbia: Wealth Minerals Ltd. (the “Company” or

“Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; FSE: EJZN) announces that a Consortium

to develop the Quillagua Este Salar in the Antofagasta Region, Chile, of which Wealth is a member, has

successfully submitted a CEOL (Special Lithium Operating Contract) application under the fast -track

process announced by the Chilean Government in September 2024 (see press release of September 30,

2024) and expanded in December 2024. The application was admitted by the Chile licensing authorities

due to the application Consortium: having more than 80% of the applicable polygon, demonstrating relevant

mining experience, and demonstrating financial capacity to fund a mining project. For reference about the

CEOL fast-track process, please see press release of April 23, 2025. Next steps, as per the CEOL process,

are the conclusion of Indigenous consultations, negotiations with the State organs as to specific operating

terms and a Presidential decree establishing the CEOL based on the application.

Wealth participated with three other local partners in a joint bid (the “Consortium”) to extract lithium from

the Quillagua Este Salar and is to provide strategic advice and know-how to the Consortium from its long

operating experience in Chile. Wealth has a 3% stake in the Consortium. The CEOL application calls for

lithium production from the Quillagua Este Salar, although p resently the Quillagua Este Salar lithium

project of the Consortium does not have an established resource or feasibility study.

Regarding the Consortium ’s success, Henk van Alphen, CEO of Wealth Minerals Ltd., said, “ While

Wealth’s stake in this endeavor is modest, this news does show that the Chilean regulatory regime can be

successfully navigated, while also demonstrating that the Chilean authorities support the development of

new lithium projects fully privately owned . Our success working with a group to make this CEOL

application further underscores our commitment to permitting our Kuska project, which is only 120 km

away to the northeast of the Quillagua Este Salar.”

About Wealth Minerals Ltd.

Wealth is a mineral resource company with interests in Canada and Chile. The Company’s focus is the

acquisition and development of lithium projects in South America.

The Company opportunistically advances battery metal projects where it has a peer advantage in project

selection and initial evaluation. 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. In parallel with lithium

market dynamics, Wealth believes other battery metals will benefit from similar industry trends.

Wealth Minerals Ltd. - 2 - June 5, 2025

NR25-07 – Continued

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

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.sedarplus.ca.

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:

Marla Ritchie, Michael Pound or Henk van Alphen

Phone: 604-331-0096 or 604-638-3886

For all Investor Relations inquiries, please contact:

John Liviakis

Liviakis Financial Communications Inc.

Phone: 415-389-4670

For all Public Relations inquiries, please contact:

Nancy Thompson

Vorticom, Inc.

Office: 212-532-2208 | Mobile: 917-371-4053

Follow Us:

Facebook – https://www.facebook.com/WealthMineralsLtd

Linkedin – https://www.linkedin.com/company/wealth-minerals

Twitter – https://www.X.com/WealthMinerals

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 press release, which has been prepared

by management.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward -looking statements and forward- looking information (collectively, “forward -

looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other

than statements of historical fact, included herein including, without limitation, statements regarding the anticipated

content, commencement, timing and cost of exploration programs, anticipated exploration program results, the

discovery and delineation of mineral deposits/resources/ reserves, the Company’s expectation that it will be able to

enter into agreements to acquire interests in additional mineral projects, and the anticipated business plans and timing

of future activities of the Company, 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: believe, expect, anticipate, intend, estimate, postulate and similar

expressions, or are those, 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, but

not limited to, the state of the financial markets for the Company’s equity securities, the state of the commodity markets

generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the

market price of any mineral products the Company may produce or plan to produce, the inability of the Company to

obtain any necessary permits, consents or authori zations required, including TSXV acceptance, for its planned

Wealth Minerals Ltd. - 3 - June 5, 2025

NR25-07 – Continued

#1570 - 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6

Tel 604.331.0096 Fax 604.408.7499 www.wealthminerals.com

activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue

its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, 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.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with

respect to the Company’s mineral properties.