Multi-listed mineral resources company Wealth Minerals has entered into an option agreement to acquire a 100% royalty-free interest in the Quisco 1 to 9 exploration concessions, located in the Quisquiro Salar salt region in Antofagasta, northern Chile.
The company also announced on Friday that it had entered into a formal option agreement, giving it the right to acquire the Salar 1 and Salar 2 mining concessions within the Aguas Calientes Norte Salar.
The concessions span about 2 400 ha located in the southern portion of the Salar de Quisquiro, in Antofagasta’s Region II. The northern portion of the Salar de Quisquiro is held by Sociedad Quimica y Minera (SQM), one of two lithium-producing companies in Chile.
The Quisco 1 to 9 exploration concessions, together with the Puritama 1 to 8 and Salar 1 and 2 concessions, located in the Salar de Aguas Calientes, and the Pujsa 1 to 7 concessions, located in the Salar de Pujsa, comprise Wealth Minerals’ Trinity Lithium project, a consolidation of three high-priority Chilean salars…
Source: Wealth Minerals looks to acquire additional exploration concessions in Chile salt region