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Wednesday, 08/10/2011 10:35:38 AM

Wednesday, August 10, 2011 10:35:38 AM

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GREAT NEWS!Canwealth Minerals Corporation opens new Highland Gold property, files on 30 new claim sites, 4188 acres, in the Abitibi Temiscamingue region of Quebec.
Aug 10, 2011
OTC Disclosure & News Service

Ile Perrot, QC, Canada -

New York, Montreal, August 10, 2011 Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today that it has filed mineral claims on 30 new claim units in the Abitibi Temiscamingue region of Northern Quebec, representing over 4188 acres brings the companies holdings to 33693 acres representing 233 Claims in total for Canwealth Minerals.


The Highland Gold project is located in the Township of Dalet in the Abitibi Greenstone Belt.. The Highland claim is 100% owned by Canwealth Minerals Corporation. It is comprised of 30 claim cells totaling 1695 hectares or 4188 acres. The 30 claim cells are located well within a orogenic geological zone of the Superior province. This geological formation is considered a highly favourable site based on a recent study released in May of 2011 by the Ministère des Ressources naturelles et de la Faune. for exploration for gold, copper, nickel, PGE ( platinum group elements ).
Canwealth Minerals Corporation is a gold and precious metal mining company has registered these claims with the Quebec government.
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’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 ,ICBS 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.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.