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Line Crews Working on Reed Lake Prospect
posted on
Jan 29, 2009 02:41AM
January 29, 2009
Canasia Industries Corporation: Line Crews Working on Reed Lake Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2009) - Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:... ("Canasia") wishes to announce that it has been notified by the operator that line cutting and a surface geophysical survey is underway and expected to be completed shortly. The survey will consist of 24 line kilometres of horizontal loop electromagnetic survey at 25-metre spacing and a magnetometer survey at 25-metre spacing. This prospect lies in one of Canada's most prolific mining areas with more than 27 significant mineral deposits continuously discovered over the past 75 years. This prospect is bordering VMS Ventures' recent discover with intercepts grading 33.46 m of 10.36% Copper. Graeme Sewell, a director of Canasia stated, "Work is progressing on this prospect and we are confident that drilling will commence in the first quarter of 2009."
If you would like to be added to Canasia's news distribution list, please send your email address to info@canasiaind.com.
