Wealth Reports Additional Drill Results from Mina Norte Zone at Rodeo de los Molles Project, Argentina

- October 17th, 2011

Wealth Minerals Ltd. – (TSX VENTURE:WML)(PINK SHEETS:WMLLF)(FRANKFURT:EJZ), announces results from an additional five diamond drill holes completed at its Rodeo de los Molles (“Rodeo”) Rare Earth Element (“REE”) Project in San Luis Province, Argentina.

Wealth Minerals Ltd. – (TSX VENTURE:WML)(PINK SHEETS:WMLLF)(FRANKFURT:EJZ), announces results from an additional five diamond drill holes completed at its Rodeo de los Molles (“Rodeo”) Rare Earth Element (“REE”) Project in San Luis Province, Argentina.

Drill holes R11-N-07 through -11, tested high-grade, outcropping REE mineralization located in and adjacent to the historic test pit which is central to the 450 metre by 250 metre Mina Norte zone. To date, eleven shallow drill holes totalling 373.0 metres and averaging 0.56% TREO have been drilled at the Mina Norte zone testing less than 6% of the zone as defined by surface mapping and channel sampling.

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