Canasia Industries awaits Reed Lake survey results

Canasia Industries Corp (C:CAJ)
Shares Issued 103,714,251
Last Close 3/2/2010 $0.15
Wednesday March 03 2010 - News Release

Mr. Negar Towfigh reports

CANASIA INDUSTRIES CORPORATION: REED LAKE UPDATE

Canasia Industries Corp. has completed the ground mag at Reed Lake and 32.1 line kilometres of DEEPEM (on two grids), which have been sent off to a DEEPEM interpretive expert for projected depths. A final analysis is expected shortly, which will enable high-priority drill targets to be established with drilling expected to commence shortly.

Negar Towfigh, president of Canasia, stated: "Our primary winter drill program at Reed Lake is moving forward as expected. All the data are expected to be analysed shortly and drilling will commence shortly. Canasia will also be attending the PDAC Resource conference in Toronto in booth No. 2612, so please come by to meet company representatives in person."

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