September 2

Vientos Property Hosts Large Outcropping Uranium Zone, Catamarca Province, Argentina

Uranium mineralization identified over 1.5 km2 with uranium values up to 1.26 lbs/ton U3O8 (0.053% uranium)

Wealth Minerals Ltd. (the \"Company\" or \"Wealth\") (TSX VENTURE:WML)(FRANKFURT:EJZ) is pleased to announce final results from the initial exploration program at its 100%-owned Vientos property in Catamarca Province, northwest Argentina.

Surface sampling at the Company\'s Vientos property has identified a series of five uranium-bearing exhalative/evaporative horizons at or near-surface. The flat-lying horizons range from 1 to 5 metres in thickness and field mapping has extended these mineralized units over an area in excess of 1.5 square kilometres. Uranium assays of 96 characterization rock samples from across the area averaged 0.23 lbs/ton U3O8 (0.010% uranium), with a maximum uranium value of 1.26 lbs/ton U3O8 (0.053% uranium) (Figure 1). In light of these positive results, the Company is currently designing an exploration program for the upcoming field season with the goal of testing: 1) the continuity of grade within individual horizons; 2) the lateral extent of the basin; and 3) the potential for additional mineralized horizons at depth.

Vientos Property Overview

The Vientos property is located approximately 60 kilometres south of the town of Antofagasta de la Sierra in the Province of Catamarca, northwest Argentina and is accessible by road. The project is comprised of 2 exploration concessions (cateos) totalling 6,869 hectares that are 100% owned by the Company. The property is interpreted to potentially host near-surface bulk tonnage uranium mineralization similar to that found at the Langer Heinrich and Trekkopje deposits located in Namibia.

Qualified Person & QA/QC Controls

R. Scott Heffernan, M.Sc., P.Geol., Wealth\'s Vice-President Exploration, and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Heffernan is not independent of Wealth by virtue of being an officer and a holder of incentive stock options.

Wealth\'s work programs are supervised by R. Scott Heffernan, P.Geol., Wealth\'s Vice-President, Exploration, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at each project rigorously collect and track samples which are then sealed and shipped to Alex Stewart Assayers Argentina S.A. (ASA) laboratory facilities in Mendoza, Argentina for analysis. ASA\'s quality system complies with the requirements for the International Standard ISO 9001:2000. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Finally, representative blind blank and duplicate samples are forwarded to ASA for additional quality control.

Laboratory results are received in parts per million uranium. The conversion factor used to convert parts per million uranium to pounds per short ton U3O8 is 1.179, which was verified with the Saskatchewan Research Council (ppm uranium x 1.179 equals ppm U308; 10,000 ppm uranium equals 1% equals 20 lbs/ton uranium).

To view Figure 1: Vientos Property Map, click the following link: http://media3.marketwire.com/docs/wml1.pdf

About Wealth Minerals Ltd.

Wealth is an exploration stage company with approximately 27.1 million shares issued and listings on the TSX Venture and Frankfurt Stock Exchanges. The Company\'s focus is the acquisition and exploration of prospective uranium properties, primarily in Argentina and Peru. In addition to ongoing work programs on its existing properties, it continues to actively evaluate new potential uranium projects in these and other countries.

For further details on the Company readers are referred to the Company\'s web site (www.wealthminerals.com) and Canadian regulatory filings on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of WEALTH MINERALS LTD.

Henk Van Alphen, President & Chief Executive Officer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the timing, cost and nature of future exploration activities by the Company, future anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves and the potential size and nature of any uranium deposit at Vientos. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company\'s inability to obtain any necessary permits, consents or authorizations required for its activities, the Company\'s inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. The reader is referred to the Company\'s current 20F for a more complete discussion of such risk factors and their potential effects.

This press release contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. The Company advises US investors that the US Securities and Exchange Commission\'s mining guidelines strictly prohibit information of this type in documents filed with the SEC. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on the Company\'s properties.

All of the Company\'s public disclosure filings may be accessed via www.sedar.com and www.sec.gov and readers are urged to review these materials, including the technical reports filed with respect to the Company\'s mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

SOURCE: Wealth Minerals Ltd.

Wealth Minerals Ltd. Glenn Shand (604) 331-0096 or 1-888-331-0096 (604) 408-7499 (FAX) Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.wealthminerals.com