NEW YORK and MONTREAL, March 15 /PRNewswire-FirstCall/ - Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT) announced today that it has filed mineral claims on 30 new sites in Northern Quebec representing over 4850 acres, brings the total acres for development to 5435.
Canwealth Minerals Corporation is a gold and precious metal mining company has registered 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 Platinum .
The company is expecting the new site 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.
ICBS will be providing management and project funding.
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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.
SOURCE ICBS Ltd.