Canasia Industries Corporation: Reed Lake Update
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Mar 3, 2010) – Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:45C) (“Canasia”) wishes to make known which it has been sensitive which the belligerent mag has right away been finished at Reed Lake. 32.1 line kilometres of DEEPEM (on dual grids) have additionally been finished and have been sent off to a DEEPEM interpretive consultant for give us projected depths. A last research is approaching before long which will capacitate the top priority cavalcade targets to be determined with drilling approaching to embark shortly.
Negar Towfigh, President of Canasia stated, “Our first winter cavalcade module at Reed Lake is relocating brazen as expected. All the interpretation is approaching to be analysed before long and training will embark shortly. Canasia will additionally be in attendance the PDAC Resource Conference in Toronto in counter # 2612, so greatfully come by to encounter association member in person.”
If you would similar to to be combined to Canasia’s headlines placement list, greatfully send your email residence to info@canasiaind.com.
Canasia has a good diversified portfolio of prospects. Canasia’s stream prospects embody the following: (a) The Clone Gold awaiting in Stewart, BC, which has not long ago returned grades as tall as 44.75 g/t Au over 12.80 metres (announced Oct 22,2009); (b) The Debut Gold awaiting in NE Nevada underneath franchise agreement to Kinross Gold; (c) 55,300 constant acres at Reed Lake, Manitoba; (d) 450,000 constant acres of Potash claims, adjacent Alberta and Saskatchewan; (e) 130,500 acres impending for Coal in SE Saskatchewan; (f) 180,000 acres impending for Lithium in Alberta; (g) and vegetable claims covering an area of we estimate 9,200 hectares, located north and northwest of the El Oro — Tlalpujahua Gold/Silver leather belt in the states of Guanajuato and Michoacan, Mexico.
Neither the TSX Venture Exchange Inc. nor the Regulation Service Provider (as which tenure is tangible in the policies of the TSX Venture Exchange Inc.) accepts shortcoming for the endowment or correctness of this press release.
