Rodeo de los Molles Rare Earth Element Project - Wealth Minerals ...
Rodeo de los Molles Rare Earth Element Project - Wealth Minerals ...
Rodeo de los Molles Rare Earth Element Project - Wealth Minerals ...
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<strong>Ro<strong>de</strong>o</strong> <strong>de</strong> <strong>los</strong> <strong>Molles</strong><br />
<strong>Project</strong> History<br />
5<br />
• Discovered by Dr. Lira in the early 1980’s while mapping and prospecting regional<br />
radiometric anomalies for Comision Nacional <strong>de</strong> Energia Atomica (CNEA)<br />
• Extensive work by Michelotti Y Hijos SRL, a private Argentinean company and <strong>Wealth</strong>’s<br />
partner, was carried out between 1987 and 1992<br />
• Historical, non NI 43-101 compliant geologic resource of 5.6 Mt at 2.1% Total <strong>Rare</strong><br />
<strong>Earth</strong> Oxi<strong>de</strong>*<br />
• Can acquire 100% interest, NO un<strong>de</strong>rlying<br />
royalties, for $3.6M US over 5 years<br />
* The Company cautions that the resource estimate<br />
was prepared before the introduction of NI 43-101,<br />
and is therefore historical in nature and the<br />
Company is not treating such resources as a<br />
current resource un<strong>de</strong>r NI 43-101. Investors are<br />
further cautioned that a qualified person has not yet<br />
completed sufficient work to be able to verify the<br />
historical resources, and therefore they should not<br />
be relied upon.<br />
Schematic Geologic Mo<strong>de</strong>l<br />
TSX.V - WML