NEW YORK AND MONTREAL, Sept. 21, 2011 /CNW Telbec/ - Canwealth Minerals
Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today that its Golden Ridge claim assay results confirm , 40
grams of Gold per ton. Company current deep core drilling program to
locate extent of vein.
The Golden Ridge property is located in the Townships of Languedoc and
Disson approx. 52 km northwest of Amos Quebec in the prolific Abitibi
Greenstone Belt. The claim is 100% owned by Canwealth Minerals
Corporation. It is comprised of 4 claim cells totaling 227 hectares or
560 acres. The claim cells are located well within the Abitibi Green
Stone belt zone of the Grenville province. This orogenic geological
structure is considered a highly favourable site for exploration of
gold and copper.
The company is currently in the process of its phase 3 drilling program
which is expected to continue until the end of November 2011, weather
permitting. As sample cores are received back from the drilling sites,
the company will forward them to AGAT Laboratories of Mississauga
Ontario for assay, the results of which are expected by late fall on
through December 2011.
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
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
For further information:
SOURCE: Canwealth Minerals Corporation
CONTACT: Kelly Taylor, President & CEO