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SEC
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FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For
the
month of July, 2005
Commission
File Number 0-29986
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WEALTH
MINERALS LTD..
Formerly
TRIBAND ENTERPRISE CORP.
(Translation
of registrant's name into English)
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#1901
- 1177 West Hastings St. Vancouver, B.C. V6E 3K2
(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
Form
20-F x
Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): o
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form
6-K
if submitted solely to provide an attached annual report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): o
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form
6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant's "home country"), or under the rules of the home country exchange
on
which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
Indicate
by check mark whether by furnishing the information contained in this Form,
the
registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
o
No
x
If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
The
purpose of this 6K submission is to furnish the United States Securities
and
Exchange Commission with documents previously filed with the Canadian Securities
Regulatory Authorities on the System for Electronic Data Analysis and Retrieval
(“SEDAR”).
List
of
Exhibits furnished with this 6-K
| 1. |
News
Release dated July 12, 2005.
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Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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WEALTH
MINERALS LTD..
(Registrant)
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| Date July 12, 2005 |
By:/s/
Gary Freeman, Director
(Signature)*
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*
Print
the name and title of the signing officer under his signature.
NEWS
RELEASE
July
12, 2005
WEALTH
ACQUIRES URANIUM PROPERTIES IN ARGENTINA
Vancouver,
British Columbia… Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSX
Venture Exchange: WML, OTC: WMLLF, Frankfurt: EJZ), is pleased
to announce that it has an option to acquire a 100% interest in an Argentinean
corporation (Madero Minerals S.A.) which is the owner of seventeen (17) separate
mineral properties in the provinces of Jujuy, Salta, Catamarca, La Rioja, San
Juan and Neuquen, in western and northwestern Argentina. These 17 properties
aggregate 175,000 Ha and all cover known uranium occurrences.
Available
data indicates that these properties host a variety of geological settings
including:
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tabular,
sandstones hosted deposits;
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polymetallic
vein type deposits;
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intrusive
hosted occurrences associated with thorium and rare earth
elements;
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volcanic
hosted deposits; and
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surficial
deposits.
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The
majority of these occurrences have been explored with trenching, underground
development and drilling in some cases.
Wealth
intends to become the major uranium company in Argentina. The Company will
pursue an aggressive program of exploration and evaluation of the presently
owned portfolio of properties as well as seeking out additional uranium
prospects in Argentina. Fieldwork is expected to begin on the current property
package in early September 2005.
The
Company believes that Argentina, which has had a number of producing uranium
mines, including the Dr. Baulies Mine in Mendoza, the Don Otto Mine in Salta
and
the Sierra Pintada/San Rafael Mine in Mendoza, has been relatively
under-explored for uranium in recent years and represents a promising area
for
new discoveries. An example of the potential target Wealth seeks is the Cerro
Solo uranium deposit
located
in Chabut province, Argentina. This deposit which is owned by the Commission
Nacional de Energia Atomica de Argentina (CNEA) has been the subject of a
prefeasibility study which concluded that it is economically viable based on
mineable reserves at an average grade of 0.3% U3O8
containing a recoverable uranium oxide content of 10.3 million
pounds.
With
uranium oxide (U3O8)
currently trading at a spot price of US$29/lb, up 40% for 2005 and over double
the 5 year average price of US$13.14, Wealth believes that the recent
strengthening of the uranium market, coupled with forecasts of impending supply
shortages has further enhanced the attractiveness of the uranium sector as
a
business opportunity.
Subject
to TSX Venture Exchange acceptance, the Company can acquire 100% interest in
Madero Minerals S.A. and its assets for the payment of US$100,000 and the
issuance of 600,000 common shares over two years as follows:
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Suite
1901 - 1177 West Hastings Street, Vancouver, BC Canada V6E
2K3
Tel
604.331.0096 Fax 604.408.7499
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www.wealthminerals.com
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Wealth
Minerals Ltd.
News
Release - Continued
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-
2 -
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July
12,
2005
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| · |
Issuance
of 100,000 common shares on acceptance;
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Issuance
of 200,000 common shares on the first anniversary date of
acceptance;
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Issuance
of 300,000 common shares on the second anniversary date of
acceptance.
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Wealth
Minerals Ltd. is a mineral exploration company with 12.3 million shares
outstanding, approximately Cdn$3.0 million in treasury and listings on the
TSX
Venture Exchange, OTB and Frankfurt Exchanges.
On
Behalf
of the Board of Directors of
WEALTH
MINERALS LTD.
“Jerry
Pogue”
Director
For
further information, please contact:
Gary
Freeman, Vice President
Phone:
604-331-0096 / E-mail: info@wealthminerals.com
The
TSX Venture Exchange has not reviewed and does not accept responsibility for
the
adequacy or accuracy of the content of this news release, which has been
prepared by management.
This
release contains forward-looking statements within the meaning of the “safe
harbour'' provisions of the U.S. Private Securities Litigation Reform Act of
1995. These statements are based on management's current expectations and
beliefs and are subject to a number of risks and uncertainties that could cause
actual results to differ materially from those described in the forward-looking
statements. The Company assumes no obligation to update any forward-looking
information contained in this news release.
-30-
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Suite
1901 - 1177 West Hastings Street, Vancouver, BC Canada V6E
2K3
Tel
604.331.0096 Fax 604.408.7499
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www.wealthminerals.com
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