Canasia Industries: Reed Lake Drill Permits Attained

- March 9th, 2010

Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:45C) reported that the company has been informed by the operator that the drill permits for the Reed Lake Prospect have been approved by the Manitoba government.

Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:45C) reported that the company has been informed by the operator that the drill permits for the Reed Lake Prospect have been approved by the Manitoba government.

The press release is quoted as saying:

Canasia’s current prospects include the following: (a) The Clone Gold prospect in Stewart, BC, that has recently returned grades as high as 44.75 g/t Au over 12.80 metres (announced October 22,2009); (b) The Debut Gold prospect in NE Nevada under lease agreement to Kinross Gold; (c) 55,300 contiguous acres at Reed Lake, Manitoba; (d) 450,000 contiguous acres of Potash claims, bordering Alberta and Saskatchewan; (e) 130,500 acres prospective for Coal in SE Saskatchewan; (f) 180,000 acres prospective for Lithium in Alberta; (g) and mineral claims covering an area of approximately 9,200 hectares, located north and northwest of the El Oro — Tlalpujahua Gold/Silver belt in the states of Guanajuato and Michoacan, Mexico.

Click here to access the entire press release

Click here to access Canasia Industries Corporate Site

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