NEW YORK and MONTREAL, Sept. 30, 2011 /PRNewswire/ - Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today that it has acquired an additional 6 claims near its Highland Gold site.
The Highland Gold Property is located in the Townships of Poirier and Dalet approx. 78 km north of Amos Quebec in the prolific Abitibi Greenstone Belt. The claim is 100% owned by Canwealth Minerals Corporation. It is comprised of 36 claim cells totaling 2024 hectares or 5002 acres. The 36 claim cells are located well within the Abitibi Green Stone belt zone of the Superior geological Province. This orogenic geological structure is considered a highly favourable site for exploration of gold and copper These new claims will bring the total claim cells to 46 and 8392 acres.
In the following weeks based on the assay results, primary targets have identified and have been included in this years deep core drilling program. Based on historical data of the surrounding area. This orogenic geological structure is considered a highly favorable site for exploration of gold and copper. Past surface sampling have indicated significant results for gold and copper.
Claim Title Number CDC 2312856 CDC 2312857 CDC 2312858 CDC 2312859
CDC 2312860 CDC 2312861
Canwealth Minerals Corporation is a gold and precious metal mining company has registered these claims with the Quebec government. The company has 243 total claims and 35087 acres under management.
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.
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.
SOURCE Canwealth Minerals Corporation