Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en
Wealth Minerals Confirms Potential for Bulk-Tonnage Silver at Valsequillo Project, Mexico
Published : October 02, 2012

Receives Positive Assay Results from July 2012 Sampling Outlines Phase II Exploration Program

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Copper | Facebook | G Mexico | Zinc |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2012) - Wealth Minerals Ltd. (the "Company" or "Wealth") (News - Market indicators)(OTCQX:WMLLF)(FRANKFURT:EJZ) is pleased to announce that geological mapping and sampling at the Valsequillo property has provided confirmation of bulk-tonnage potential. In the Western Corridor (Figure 1, Table 1), discovery of additional veins and silicified fault zones now outlines a priority target area measuring approximately 900 metres long and 1,000 metres wide. Sampling of artisanal workings (29 samples) returned encouraging grades peaking at 494 g/t silver, 1.07 g/t gold, 11.9% zinc, 4.09% lead and 9.47% copper (data ranges and mean grades are provided in Table 1). Phase II exploration is now being planned with the goal of defining priority targets for drill testing.

To view Figure 1, please click http://media3.marketwire.com/docs/wml1002-F1.pdf.

Western Corridor Silver - Base Metal Prospect

A total of 56 rock samples were taken during a recent geological mapping and sampling program. Twenty nine samples were taken from the new Western Corridor prospect (Figure 1), primarily from artisanal workings and mineralized vein structures. Mean grades are presented in Table 1, together with low and high ranges.

Table 1: Assay Ranges and Average grade for Western Corridor Prospect (n=29)
  Geochemical Result Range  
Low High Mean
Silver 0.4 g/t 494 g/t 63.04 g/t
Gold below detection 1.07 g/t 0.11 g/t
Copper 0.03% 9.47% 1.03%
Zinc 0.004% 11.9% 0.89%
Lead 0.001% 4.09% 0.62%

All Samples

Mean grades for all samples (56), including mineralized samples, tectonic breccias, silicified sediments and wall-rock samples are presented in Table 2. These samples include 18 wall-rock samples, adjacent to the high-grade veins. All samples represent characteristic material from continuous or intermittent rock chips over variable widths of up to several metres. Near the main veins, the sampling carefully avoided visibly high-grade sulphide. The sampling demonstrates that the Valsequillo Property as a whole has relatively high background levels of mineralization and thus has potential for bulk-tonnage precious metal and base metal mineralization, similar in style to that of the nearby Santa Barbara Mine at Hidalgo del Parral.

Table 2: Assay Ranges and Average for all samples
  Mean
Silver 43.1 g/t
Gold 0.13 g/t
Copper 0.55%
Zinc 0.67%
Lead 0.57%

Exploration Model

Silver-bearing polymetallic vein systems and deeply buried porphyry-style mineralization are the two potential exploration targets. The exploration to date has already identified two prominent mineralized corridors with silver-bearing polymetallic veins in outcrop and in artisanal workings, of which, the Western Corridor is the most promising to date. The 2,840-hectare Valsequillo Property (Figure 1) covers the uppermost portion of a Tertiary porphyry or sub-volcanic system with potential for high grade and / or bulk tonnage, polymetallic and precious-metal type mineralization analogous to existing deposits within the Altiplano Polymetallic Belt. Past artisanal mining activity concentrated on a number of epithermal, zinc-lead-copper-silver veins, stockworks and silicified zones. The mineral occurrences are predominantly concentrated within two northwest-trending corridors along the eastern and western margins of a large anomalous iron-oxide color anomaly more than 3 km across. 

Phase II Exploration Plans

The Company intends to complete a second phase of multi-disciplinary exploration over the entire property, focusing on the Western Corridor. This proposed program includes acquisition of high-resolution satellite imagery, completion of more detailed geological mapping, additional rock sampling to define the extent of mineralization, property-wide geophysical magnetic surveys and geochemical soil sampling, followed by a targeted geophysical induced polarization survey. The results from this work will define drill targets to be tested in Phase III.

About Valsequillo Silver Project

The Valsequillo Silver project is located in southern Chihuahua State, Mexico. The property is located approximately 40 kilometres southeast of the city of Hidalgo Del Parral within the prolific Altiplano Polymetallic Belt of north-central Mexico where access and infrastructure are excellent.

The Company has an option to acquire a 100% interest in the Valsequillo property from a private Mexican family for a total consideration of US$6.65 million over a 54-month period (previous news release February 9, 2012). Two mineral claims are located within the Valsequillo claim and are owned by third party artisanal miners (Figure 1).

Qualified Person

The technical aspects of this news release have been reviewed and approved by James M. Dawson, P. Eng., who is a qualified person as defined by National Instrument 43-101. Mr. Dawson is not independent of the Company as he is a director and holds common shares and stock options.

ABOUT WEALTH MINERALS

Wealth is a Canadian-based mineral exploration company with listings on the TSX Venture, OTCQX and Frankfurt Stock Exchanges.

For further details on the Company, readers are referred to the Company's web site (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.

Please follow us on twitter @wealthminerals or Linked In and Facebook at Wealth Minerals Ltd.

On Behalf of the Board of Directors of WEALTH MINERALS LTD.

Hendrik Van Alphen, President & CEO

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 and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, business and financing plans and business trends, 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 or any of its joint venture partners 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, 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 or its joint venture partners may produce or plan to produce, the inability of the Company or any of its joint venture partners to obtain any necessary permits, consents or authorizations required for its or their activities, the inability of the Company or any of its joint venture partners to produce minerals from their properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement their respective 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.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Caution Regarding Adjacent or Similar Mineral Properties

This news release contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. The Company advises US investors that the mining guidelines of the US Securities and Exchange Commission (the "SEC") set forth in the SEC's Industry Guide 7 ("SEC Industry Guide 7") strictly prohibit information of this type in documents filed with the SEC. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on the Company's properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

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.

Wealth Minerals Ltd.
Dean Linden
604-331-0096 Ext. 1429 or 604-638-1429
info@wealthminerals.com
www.wealthminerals.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Wealth Minerals Ltd.

EXPLORATEUR
CODE : WML.V
ISIN : CA9468851006
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Wealth Min. est une société d’exploration minière d'or et de cobalt basée au Canada.

Wealth Min. détient divers projets d'exploration en Argentine.

Ses principaux projets en exploration sont AMBLAYO, LAS CAPILLAS (EL CUCHO), SAN JORGE BASIN (BORORO NUEVO), DIAMANTE - LOS PATOS, PAMPA CORIA, BORONO NOVO et RODEO DE LOS MOLLES en Argentine et MACUSANI au Perou.

Wealth Min. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 18,6 millions CA$ (14,9 millions US$, 13,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 6,12 CA$, et son plus bas niveau récent le 07 novembre 2014 à 0,03 CA$.

Wealth Min. possède 77 660 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Wealth Minerals Ltd.
01/04/2017Wealth Minerals begins sampling at Chile's Laguna Verde lith...
Rapports annuels de Wealth Minerals Ltd.
2008 Annual Report
2006 Annual report
Financements de Wealth Minerals Ltd.
11/03/2013Closes Non-Brokered Private Placement
11/03/2013Closes Non-Brokered Private Placement
21/01/2013Arranges Non-Brokered Private Placement and Debt Settlement
26/10/2009 Closes Non-Brokered Private Placement - New Director Appoin...
30/09/2009Arranges Non-Brokered Private Placement
10/09/2009Closes Non-Brokered Private Placement
12/08/2009Arranges Non-Brokered Private Placement
14/11/2008Closes Non-Brokered Private Placement
25/09/2008Announces Non-Brokered Private Placement
Projets de Wealth Minerals Ltd.
03/06/2011(Rodeo De Los Molles)Commences Drilling on Its Rodeo de los Molles Rare Earth Ele...
23/03/2011(Borono Novo)Commences Discovery Drilling Campaign on Its Bororo Nuevo Ur...
19/09/2008(Pampa Coria)Discovers Outcropping Copper-Gold Porphyry and Uranium Syste...
17/09/2008(San Jose)Discovers Additional High-Grade Uranium
09/09/2008(Macusani)(Revised) Discovers Outcropping Uranium Mineralization
02/05/2008(San Jose)Discovers New Zone of High-Grade Uranium
01/05/2008(Diamante - Los Patos)New Drilling Results at the Bingo Zone
15/04/2008(San Jose)Defines Large Copper Target at San Jose Property
30/01/2008(Diamante - Los Patos)Drilling Continues to Intersect Broad Zones of Uranium
05/12/2007(Diamante - Los Patos)Intersects Large, Potential Bulk Tonnage at Diamante-Los Pat...
25/10/2007(Diamante - Los Patos) Commences 10,000 metre drilling campaign on its Diamante-Lo...
Communiqués de Presse de Wealth Minerals Ltd.
22/06/2016Wealth Signs LOI to Acquire Balance of Salar de Aguas Calien...
16/06/2016Wealth Signs LOI to Acquire Pujsa Lithium Project, Salar de ...
08/06/2016Wealth Closes Financing of $2,000,000
07/06/2016Wealth Appoints Tim McCutcheon as President Arranges Non-Bro...
31/05/2016Wealth Completes Listing on OTCQB® Exchange
27/04/2016Wealth Signs LOI to Acquire Puritama Project Salar de Aguas ...
21/04/2016Wealth Closes $1,000,000 Financing
18/04/2016Wealth Announces Appointment of Marcelo A. Awad as Executive...
02/02/2016U.S. lithium firm Albemarle plans to more than double Chile ...
01/02/2016Wealth Enters into Exclusive LOI to Negotiate Agreement to A...
30/12/2015Wealth Closes $540,000 Non-Brokered Flow-through Private Pla...
29/12/2015Wealth Closes $540,000 Non-Brokered Flow-through Private Pla...
17/12/2015Wealth Outlines Coronado Plans
15/10/2015Wealth Renegotiates Mexican Silver Project Option
09/10/2015Wealth Grants Stock Options
08/10/2015Wealth Closes Acquisition of Yanamina Gold Project, Peru
17/08/2015Wealth Completes $450,000 Non-Brokered Private Placement
05/08/2015Wealth Appoints Tang Chief Operating Officer & Director
27/07/2015Wealth Signs Definitive Agreement for Option to Acquire up t...
13/07/2015Wealth Shares Listed on the Foreign Securities Market of the...
24/06/2015Wealth Grants Stock Options
07/04/2015Wealth Grants Stock Options
01/04/2015Wealth Enters into Exclusive LOI to Negotiate Agreement to A...
31/03/2015Wealth Closes $720,000 Non-Brokered Private Placement
27/02/2015Wealth Closes $750,000 Non-Brokered Private Placement
23/02/2015Wealth Arranges $720,000 Non-Brokered Private Placement
02/02/2015Wealth Options N1/N2 Gold Project from Balmoral Resources Lt...
02/02/2015Balmoral Options N1-N2 Project to Wealth Minerals
21/01/2015Wealth Completes Share Consolidation and Debt Settlement
09/07/2013Crosshair Terminates Letter of Intent with Wealth Minerals
04/07/2013Amends Option Grant of 3,150,000
21/06/2013Grants 3,150,000 Options
25/10/2012Enters Into LOI to Sell Argentinean Uranium Projects to Cros...
02/10/2012Confirms Potential for Bulk-Tonnage Silver at Valsequillo Pr...
13/09/2011Tue. Sep. 13/11
07/07/2011Surface Sampling Expands Known Zones of High-Grade Rare Eart...
04/05/2011Intersects Potentially Large, Bulk Tonnage, Uranium System a...
11/04/20114/11/11
11/04/2011Initial Sampling Confirms Presence of High-Grade Rare Earth ...
23/03/2011News Release
27/05/2010Signs Option to Acquire Argentina’s Largest Rare Earth Eleme...
02/09/2008Vientos Property Hosts Large Outcropping Uranium Zone
26/04/2008FILES FORM 15 TO VOLUNTARILY TERMINATE U.S. REGISTRATION
09/04/2008EXPLORATION UPDATE
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (WML.V)FRANKFURT (EJZ.F)
0,240-12.73%0,0070
TSX-V
CA$ 0,240
18/05 16:38 -0,040
-12,73%
Cours préc. Ouverture
0,275 0,275
Bas haut
0,235 0,275
Année b/h Var. YTD
0,230 -  0,465 -31,43%
52 sem. b/h var. 52 sem.
0,230 -  0,640 -29,41%
Volume var. 1 mois
210 122 -29,41%
24hGold TrendPower© : 50
Produit
Développe
Recherche Uranium - Vanadium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 24/02/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2022-34,25%
2021329,41%0,450,09
2020-52,78%0,380,07
2019-58,14%0,650,16
2018-75,57%2,000,37
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
8,26 AU$+0,12%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,99 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,85 AU$+0,52%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,50 US$-5,66%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,71 GBX+3,82%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,64 CA$+1,11%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
10,14 CA$-3,61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,29 CA$-1,69%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,29 AU$-4,92%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,75 CA$-5,41%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
70,21 US$-3,27%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$-6,25%Trend Power :