Dec 9 2010
Canasia Industries Corporation (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) has been informed by the operator that all of the samples have been completed at the Clone gold property and the final grade for 34 one tonne samples retuned an average of 68.65 grams per tonne.
Negar Adam, President of Canasia stated, "We are very pleased with the 2010 drill program at the Clone as it confirmed and expanded the gold zone. Management is planning a much larger bulk sample program and drill program for 2011, and we anticipate being able to get back on the property much earlier than in 2010. Management is also optimistic that additional work may commence on our other projects shortly."
E.R.Kruchkowski, PGeo, a qualified person under National Instrument 43-101, has read and authorized this news release.
Canasia no longer holds an interest on the Eyehill Prospect.
Source: Canasia Industries Corporation