Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Post by GRIFF13on Sep 17, 2009 4:39am
267 Views
Post# 16313707

NEWS

NEWSCanasia Industries Corporation: Drill Cores to Be Re-Assayed on Clone ProspectCanasia Industries Corp CAJ 9/17/2009 3:01:05 AMVANCOUVER, BRITISH COLUMBIA, Sep 17, 2009 (Marketwire via COMTEX News Network) --
Canasia Industries Corporation (TSX VENTURE:CAJ)(FRANKFURT:45C)(OTCBB:CANSF) ("CAJ") is pleased to announce that the second phase of drilling on the Clone gold property, situated 18 km southeast of Stewart, BC, is now complete and six of the fifteen holes drilled in phase two contained visible gold in sections. The operator has recently informed CAJ that due to high gold values obtained during the first phase of assaying, the results are being re-checked prior to release from Pioneer Laboratories.

The Clone property is host to at least four separate, parallel gold-bearing shear zones, which contain both sulphide-gold-cobalt and iron oxide-gold mineralization. Altogether fifteen holes were drilled in the second phase, testing undrilled portions of the "H-1" zone between Trenches 4, 14 and 15.

Core logging is under way and two loads of samples from the second phase have been already been sent to the assay lab. Samples from the first phase have all been sent in.

E.R. Kruchkowski, P. Geol., is the Qualified Person for the Clone project and has read and authorized this news release. Pioneer Laboratories of Richmond, BC, an accredited facility, is performing the analysis.

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
Bullboard Posts