Canasia Triples Output on Clone in 2011
28.09.2011 | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/28/11 -- Canasia Industries Corporation ('Canasia' and the 'Company') (TSX VENTURE: CAJ)(PINK SHEETS: CANSF) (FRANKFURT: 45C) wishes to announce that it has been informed by the operator of the Clone Property that the bulk sample program has been completed for the 2011 season. The output tripled last year's production to approximately 102 tonnes. The grade of this year's tonnage is now in the process of being established.Negar Adam, President of Canasia stated, 'We are pleased that the crews were able to triple our output of the tonnage taken from the Clone. We look forward to establishing the grade of this seasons' operations. Last year Canasia announced the final grade for 34 one tonne samples retuned an average of 68.65 grams per tonne (December 8, 2010) and also had drill results on the Clone that returned drill intercepts of 44.75g/t over 12.8 meters (October 22, 2009). Management is also actively trying to source additional projects that could enhance shareholder value.'
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Negar Adam
President, Director, Canasia Industries Corporation
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Contacts:
Canasia Industries Corporation
Negar Adam, President, Director
1 877 225-6755
604 689-1733 (FAX)
info@canasiaind.com
www.canasiaind.com