ICBS Limited (ICBT)

[tshaq1]

Little info on our next pr:

“The company has remained on target for phase one of grab sampling on all its projects and intends to continue to go to the next scheduled phases leading up to a NI 43-101 report for all its projects by the fall.”

**see definition of the form below**

http://www.canwealthminerals.com/?q=node/30

“The company is now in the process of developing phase 3 for the deep exploration of holdings such as Shadow Mountain and other strategic locations in Northern Quebec. Core drilling is expected to commence in late summer with assay and geology reports expected in early fall. Following those reports, the company will outline the claim locations for further development.”

http://www.canwealthminerals.com/?q=node/33


Mining Marketwatch: National Instrument 43-101

National Instrument 43-101 (NI 43-101) is a rule developed by the Canadian Securities Administrators (CSA) and administered by the provincial securities commissions that governs how issuers disclose scientific and technical information about their mineral projects to the public. It covers oral statements as well as written documents and websites. It requires that all disclosure be based on advice by a "qualified person" and in some circumstances that the person be independent of the issuer and the property.

http://miningmarketwatch.net/ni-43-101.htm

I assume AGAT is our “qualified agent”. In the greater majority of the pr’s they say results will be expected by the fall. Looks like we had until September 23 originally and one of the more recent pr’s stated that it would be ready before September which is 4 trading days away. Looks like they are ahead of schedule and excited to release the results. A good sign imo.

T.