New Wealth Minerals COO brings LatAm Expertise

POSTED ON August 06, 2015 BY Andrew Nelson
CATEGORY Gold, Mineral Exploration, Mining, Peru, Wealth Minerals,

Mr. Tang, COO, Wealth Minerals speaking on mining in Latin America (Source: Wealth Minerals)

Junior miners, especially in bear markets, are all about the people...

Wealth Minerals (TSX.V – WML) (http://www.wealthminerals.com) is working to ensure future success by attracting top tier talent with significant experience in Latin America. Yesterday, the company announced that Mr. Xiaohuan (Juan) Tang, B.Eng, M.Eng, M.Sc, M.Phil, is joining the leadership team as a Director and Chief Operating Officer.

On joining the company, Mr. Tang stated, “To be successful in the current LatAm market you should be considering projects which can generate near term free cash flow. I believe Wealth’s Yanamina to be in that category as it will provide the necessary free cash flow to pursue future property acquisitions. Furthermore, Wealth will offer a platform for Canadian management to develop LatAm projects for continued investment from the Chinese. There is presently a lack of these quality opportunities for Chinese investment.”

Mr. Tang’s credentials include three Master Degrees which were remarkably all obtained by the age of 26. His academia began at the top engineering university in China, Tsinghua University, where he earned his Bachelors in Environmental Engineering. He continued to study environmental engineering with a focus on sustainable development at the Imperial College of London, then environmental politics and water policy at the University of Oxford, and lastly environmental economics at the University of Cambridge.

Mr. Tang’s specialties involve natural resource project development, structured commodity project finance, mining exploration, and Chinese involvement in Latin America. His experience in LatAm will no doubt be invaluable with respect to Wealth’s newly acquired Yanamina high-grade gold project in Peru. He also brings a deep-rooted network of Asian mining participants, from financiers to prospective buyers. Mr. Tang is also multi-lingual, speaking Spanish, English, and Mandarin (Native) with plans to learn the local Peruvian language Quechua.

Over the last two years Mr. Tang has acted as general manager for Jinzhao Mining Peru where he oversaw the development of the 2 billion tonnes Pampa De Pongo Iron Ore project. He was instrumental in the completion of the bankable feasibility study, approval of the environmental impact assessment, obtaining $130M in project financing, ensuring social licenses were received, and acquiring 25,000ha surface land rights for the massive iron ore project.

Mr. Van Alphen, CEO, Wealth Minerals commented, “Mr. Tang was a key member in permitting and moving forward the Pampa De Pongo project in what I believe was one of the shortest timeframes ever to permit a Peruvian mining project. We plan to replicate this streamlined permitting process for Yanamina in obtaining the required drilling permits to begin exploration work.”

Wealth Minerals plans to hold a press conference this fall to provide transparency to the local communities around Yanamina. Other relevant news is that Wealth Minerals has begun to trade on the Santiago Stock Exchange which provides additional liquidity from resource investors based in Mexico, Peru, Argentina, and Chile.

https://blog.ceo.ca/2015/04/10/mining-entrepreneur-henk-van-alphens-500k-to-100m-iron-ore-flip-and-plans-for-wealth-minerals/

Follow Wealth Minerals at http://chat.ceo.ca/WML for coverage from our community and insider trade notifications from SEDI in real-time.

DISCLAIMER: The work included in this publication is based on SEDAR filings, current events, interviews, and corporate press releases. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The views expressed in this publication and on the CEO.CA website do not necessarily reflect the views of Pacific Website Company Inc., the author of this article has previously provided multimedia creation services to Wealth Minerals which makes the author biased in its coverage of Wealth Minerals. This publication is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies such as Wealth Minerals can easily lose 100% of their value so read Wealth Mineral’s profile on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.

Andrew Nelson

Andrew Nelson is pursuing the CPA designation as an auditor at Davidson & Co., the leading service provider for junior mining clients globally. Mr. Nelson has experience working with TSX venture listed explorers in Kazakhstan, Paraguay, Peru, Namibia, Madagascar, West Africa, United States, and Canada reporting under IFRS framework. He is an Executive Officer with Young Mining Professionals a not-for-profit which holds networking events for young professionals in Vancouver's resource sector. His interests are reporting on Canadian precious metal explorers and holding informative interviews with accomplished mining professionals. If involved in junior mining he would love to hear from you at Andrew.GM.Nelson@Gmail.com. More →

Twitter: @https://twitter.com/ANelsonMining

andrew.gm.nelson@gmail.com

Andrew Nelson

Twitter: @https://twitter.com/ANelsonMining

andrew.gm.nelson@gmail.com

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