The strategy of Wealth Minerals is to acquire undervalued projects with low exploration risk, attractive grades, and potentially low capital requirements. Management insist that projects be located in stable and development-friendly geopolitical jurisdictions, and that capital required for development is not excessive within the context of each commodity. The focus over the past few years has been on the acquisition of precious metals projects. The proposed acquisition of Li3 offers a new kind of opportunity where helping to meet emerging lithium demand is expected to create additional value for shareholders. The Company will also continue to move forward with its existing precious metals projects, such as Yanamina (Peru) and Valsequillo (Mexico).
Wealth Minerals Ltd rmm78 2016-07-21T19:44:17+00:00