Wealth Minerals Ltd., has announced it has entered into a corporate nondisclosure agreement (the “Agreement”) with the fully state-owned National Mining Company of Chile (“ENAMI”), whereby the parties have agreed to study hard data and development vectors of how to best cooperate to create a partnership for the exploration, development and production of lithium in Chile.
Hendrik van Alphen, Wealth’s CEO, stated, “We are very happy to work with ENAMI and continue where we left off a few years ago with that organization. ENAMI has new management and we are excited to associate with this dynamic team as they move forward to be a major player in the Chilean lithium industry.”
Mr. Van Alphen also said: “Wealth has a technology partner selected (see press release of August 9, 2022) and is moving forward with a major Chilean mining partner. ENAMI has extensive experience in successfully mining and processing resources in Chile, and that know-how will be needed in developing Ollagüe and Atacama. Chile is a prime mining jurisdiction, and all the pieces necessary for a successful lithium mining operation are being put in place.“
