Canasia Industries Corporation ("Canasia") is a Canadian exploration company dedicated to the aggressive pursuit of world class mineral deposits. Several upcoming project milestones make this an exciting time period for Canasia's growth.
- Kinross Gold USA has now completed drilling on Canasia's 100% owned, Debut Gold prospect in NE, Nevada. This drill program consisted of 19 holes.
- Canasia's Clone Gold prospect in Stewart, BC has recently returned assays as high as 115.8 g/t (Au) and drill intercepts of 44.75g/t over 12.8 metres, a bulk sampling effort is now being planned for the Clone prospect.
- Canasia anticipates the re-commencement of operations on the Reed Lake (Cu/Ag) Prospect in Manitoba during the spring of 2010.
- Recently, Canasia has received final acceptance by the Alberta Government on 73,728 hectares (182,000 acres) of land prospective for Lithium. Canasia intends to initiate the review of historic oil and gas wells, and geologic data in preparation for a proposed sampling and analysis of formation waters.
