Canasia Industries Corporation: Evaluating Projects in Tanzania

Canasia Industries Corporation (TSXV:CAJ) reported that it is evaluating projects for possible acquisition or joint venture in Tanzania.

The press release is quoted as saying:

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) significant acreage of Potash claims, bordering Alberta and Saskatchewan, which has been optioned out; (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.

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