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For release to Journalist and the Financial and Business sector

Canwealth Minerals Corporation: Gold assay results for Highland Gold property.

For release to Journalist and the Financial and Business sector

Canwealth Minerals Corporation: Positive assay results for Gold, Silver on the Highland Gold property.

New York, Montreal August 27, 2012 – Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT). Is pleased to announce the completion of its first phase sample program for the Highland Gold property. The program was completed on schedule with 25 on surface samples being taken during the month of July. A litho-logical study was performed. 25 targets were identified as a base to better understand the underlying geology for the selected area.