International news within the industry of mining and metal, Jun, 21 2018
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Wealth Minerals to drill for lithium in Chile

Rugged nature of Atacama. The concessions cover an area of approximately 46,200 hectares located in the northern part of the Atacama Salar, in Region II of Chile. The concessions are adjacent to highway 23 which connects northern Chile with Argentina. Photo: Wiki, credit: Romanceor
Rugged nature of Atacama. The concessions cover an area of approximately 46,200 hectares located in the northern part of the Atacama Salar, in Region II of Chile. The concessions are adjacent to highway 23 which connects northern Chile with Argentina. Photo: Wiki, credit: Romanceor
Published by
Markku Björkman - 15 Dec 2017

Wealths geophysical surveys at the Atacama project indigate that the company can began drilling for lithium in the beginning of  next year.

Tests identified very highly conductive zones, which are interpreted to represent porous media with high-salinity fluids of potentially lithium-bearing brines at depth. 

- Completion of this extensive geophysical survey is a major milestone for the Company and the positive result has provided us with drill targets for testing early next year.” said Henk van Alphen, Wealth Minerals CEO.

- Geophysical results point to shallow drill targets, less than 100 meters from surface, like operations located to the south.  In addition, the geophysics defines deeper drill targets which extend over an area of 10km by 15km.  These targets are interpreted to represent high salinity, lithium-bearing brines, announced van Alphen in a press release.