BAD RESULTSLOOK WHAT THEY GOT AT CLONE LAST TIME.
WHAT A JOKE LOL
DONT FORGET THEY PUT IT INTO FEET TO MAKE IT SOUND LONGER BUT ITS REALLY ONLY 4M
NOT IMPRESSED
SELL SIGNAL. PURE PROMO DEAL.
Canasia drills 13 feet of 0.124 opt Au at Clone
2008-10-20 16:36 ET - News Release
Mr. Negar Towfigh reports
CLONE DRILLING UPDATE
Canasia Industries Corp. has received all results fromthe 2008 drilling on the Clone property. Holes CL08-1 to CL08-4 targetedthe H-1 (hematite) zone, and holes CL08-5 to CL08-8 targeted the S-2A zone,while holes CL08-9 and CL08-10 were drilled to test a new copper zonefound earlier in the program.
SIGNIFICANT RESULTS
Hole No. From (feet) To (feet) Interval (feet) Gold (ounce per
ton)
CL08-5 64 77 13 0.124
87 93 6 0.360
103 104 1 0.696
221 223 2 1.157
CL08-8 192 207 15 0.080
All of the holes targeting the H-1 zone are interpreted as having passedthrough a faulted-off block. The upper two intersections of hole CL08-5appear to be from the S2A and S2B zones, and the third intersection islikely from the S1 zone. The final high-grade gold zone which ran 1.157ounces per ton (as well as 0.64 per cent cobalt) appears to be from anunknown structure, possibly related to similar gold-cobalt structuresfound in trenching at lower elevations 200 metres to the east-southeast.Neither of the last two holes targeting the new copper zone intersectedsignificant gold values. They did, however, contain long intervals ofanomalous copper mineralization (200 parts per million to 600 parts permillion). True width of the intersections is not certain at this time.Pioneer Laboratories, of Richmond, B.C., an accredited facility,performed all of the analyses. A quality-control/quality-assuranceprotocol was used in this program, including blanks and referencestandards. D. Cremonese, PEng, is the qualified person regardingtechnical information contained in this news release.
We seek Safe Harbor.