NEW YORK and MONTREAL, July 15, 2011 /PRNewswire/ – Canwealth Minerals
Corporation and partner ICBS Ltd., (OTCPK: ICBT), announced today that
Canwealth Minerals has acquired surface samples from an undisclosed and
unclaimed area in the Abitibi Green Stone belt zone of the Grenville
orogeny. This geological formation is considered a highly favorable
site for exploration for gold, silver, copper, nickel and PGE (
platinum group elements ).

“We have been gathering samples from an unclaimed area which looks
extremely interesting to us” said Canwealth President Kelly Taylor. ”
We have sent the samples to AGAT Laboratories Ltd in. Mississauga
Ontario for analysis. Should these samples prove out, Canwealth will
file claims covering some 2-3,000 acres which will be the seventh
mining claim for the company. The company will await the results prior
to filing official claims with the Government of Quebec Mines
department”.

Canwealth Minerals Corporation is a gold and precious metal mining
company has registered claims with the Minister of Natural Resources in
Quebec

The company is expected to start exploration drilling at its Shadow
Mountain site this coming August. The main thrust of the exploration
will be to focus on sites that have a strong indication of precious
metal mineralization such as Gold, Silver and Platinum.

The company’s current strategic direction is to seek out properties or
claims known to have highly favourable mineralized targets which will
lead rapidly to the advanced exploration and development stages.

ICBS is providing management and project funding.

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