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Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Post by NineLiveson Sep 28, 2011 12:48pm
461 Views
Post# 19093779

Lets look at the last one

Lets look at the last one

Canasia Industries Corporation ("Canasia" and the "Company") (TSX VENTURE: CAJ)(PINK SHEETS: CANSF)(FRANKFURT: 45C) wishes to announce that it has been informed by the operator of the Clone Property that the bulk sample program has been completed for the 2011 season. The output tripled last year's production to approximately 102 tonnes. The grade of this year's tonnage is now in the process of being established.

Negar Adam, President of Canasia stated, "We are pleased that the crews were able to triple our output of the tonnage taken from the Clone. We look forward to establishing the grade of this seasons' operations. Last year Canasia announced the final grade for 34 one tonne samples retuned an average of 68.65 grams per tonne (December 8, 2010) and also had drill results on the Clone that returned drill intercepts of 44.75g/t over 12.8 meters (October 22, 2009). Management is also actively trying to source additional projects that could enhance shareholder value."

Who is the operator ?
Where is the Clone property ?
Where is it being milled ?
What was the profit for last year ?
What does the operator charge ?
How much is allowed in each bulk sample ?
When does bulk sampling expire ?
How did the crews triple the tonnage, was cash spent on more machinery ?


On and on.

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