The Gold Report

Wealth Minerals Ltd. is a junior exploration and development company focused on its 100%-controlling interest in the Rodeo de Los Molles Rare Earth Deposit. With a non-NI-43-101-compliant resource of 5.6 Mt. grading 2.1% rare earth oxide, it's the largest REE project in Argentina. The company plans to bring the deposit into NI 43-101 compliance and to test newly discovered high-grade areas outside the main deposit, with drilling scheduled to commence in late May 2011. Wealth Minerals' highly successful management team has been directly involved in the discovery, development and/or tender of some of the most successful mining deals in recent years, including Energy Metals ($1.4B), Corriente ($650M), Potash One ($450M) and International Tower Hill Mines ($800M).