NEWS
Canwealth Minerals Corporation files claims on 9 new claim units in the Point Comfort region of South Central Quebec .
Apr 27, 2011
OTC Disclosure & News Service
Ile Perrot, QC, Canada -
New York, Montreal, April 27, 2011– Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today that it has filed mineral claims on 9 new claim units in South Central Quebec, representing over 1464 acres, this brings the companies holdings to 14,769 acres.
The new site, named Golden Bear, has shown surface samples with indications of Gold, Silver and copper. The new samples will be assayed and the report is expected within two weeks.
Canwealth Minerals Corporation is a gold and precious metal mining company has registered these claims with the Quebec government. The company is expected to start exploratory drilling this coming spring. The main thrust of the exploration will to be focused on sites that have a strong indication of precious minerals, such as Gold, Silver and Copper .
The company is expecting the new sites to be accessed this coming spring with initial geological reports expected by the fall.
The company’s current strategic direction is, to seek out properties/claims known to have high value mineral targets which will lead rapidly to the advanced exploration and development stages.
SOURCE: Canwealth Minerals Corporation ,CBS Limited.
CONTACT: Kelly Taylor, President & CEO
www.canwealthmineral.com
www.icbs.ca
Legal Notice Regarding Forward-Looking Statements:
Safe Harbour: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbour created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of ICBS Limited, to be materially different from the statements made herein.
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