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Message: Drill Permits Granted by Manitoba Government for Reed Lake Prospect
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Drill Permits Granted by Manitoba Government for Reed Lake Prospect

posted on Feb 02, 2009 01:39AM
February 2, 2009
Canasia Industries Corporation: Drill Permits Granted by Manitoba Government for Reed Lake Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 2, 2009) - Canasia Industries Corporation (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:... ("Canasia") Canasia Industries Corporation ("Canasia") has been notified by the operator that the Manitoba Government has granted a permit to drill up to 2,000 metres on the Reed Lake prospect. The Reed Lake prospect consists of 199,736 acres. A recent site visit by the operator indicates the two grids totaling 24 line kilometres of line cutting and geophysics are well underway. Drilling is expected to commence within 2-6 six weeks now that the permits have been granted.

Graeme Sewell, a director of Canasia stated, "It is exciting to have this prospect finally coming to a stage when drilling is about to occur. When you look at this area of Manitoba in terms of mines in production, it is a highly productive region as well as the adjoining property returning grades as high 33.46 m of 10.36% Copper, clearly management is optimistic regarding this prospect."

If you would like to be added to Canasia's news distribution list, please send your email address to info@canasiaind.com.

Graeme Sewell, Director
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