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Canasia Industries Corporation: Bulk Sample Returns Grades as High as 19.1 oz/ton Gold

Investing News Network
Oct. 14, 2010 01:02AM PST
Gold Investing

Canasia Industries Corporation (CVE:CAJ) reported that the operators have received the grades for the initial samples from the first 17 tons of bulk sample.

Canasia Industries Corporation (TSXV:CAJ) reported that the operators have received the grades for the initial samples from the first 17 tons of bulk sample.

Canasia has a well diversified portfolio of prospects. Canasia’s current prospects include the following: (a) the Clone Gold prospect in Stewart, BC, that has 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; (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 within 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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