Wealth Minerals and Quechua Community launch Kuska Minerals JV to develop lithium project in Salar de Ollagüe

Wealth Minerals and the Quechua Indigenous Community of Ollagüe form Kuska Minerals JV to jointly develop the Kuska Lithium Project in Chile's Salar de Ollagüe.

Wealth Minerals Ltd. (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL) has announced a landmark joint venture with the Quechua Indigenous Community of Ollagüe to create Kuska Minerals SpA, a new company dedicated to the sustainable development of the Kuska Lithium Project in the Salar de Ollagüe, northern Chile.

The partnership marks a significant step forward in Indigenous inclusion within the mining sector and aligns with Chile’s evolving regulatory landscape, which emphasizes the need for community engagement and shared benefits in the development of natural resources.

Kuska Minerals will oversee the exploration and development of approximately 4,300 hectares within the Ollagüe Salar Basin, located in the Antofagasta Region near the Chile-Bolivia border. Wealth Minerals holds a 90% stake in the joint venture, while the Quechua community retains a 10% interest, with the potential to increase its ownership over time.

“We are proud to establish Kuska Minerals alongside the Quechua Indigenous Community of Ollagüe,” said Henk van Alphen, CEO of Wealth Minerals. “This partnership sets a new benchmark for collaboration and shared value in Chile’s lithium sector.”

The Kuska Project will prioritize environmental responsibility and community-led development, aiming to contribute to global clean energy goals while respecting the cultural and ecological integrity of the region.

The Salar de Ollagüe is considered highly prospective for lithium brine extraction and has attracted increasing interest from international mining and energy companies due to its strategic location within the Lithium Triangle.

Wealth Minerals continues to expand its portfolio across South America with a strong focus on ethical resource development, technological innovation, and stakeholder inclusion.