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Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Post by tiengongon Jun 30, 2012 9:41pm
230 Views
Post# 20072962

Clone property overall gold grade=0.56 oz./tonne

Clone property overall gold grade=0.56 oz./tonne

Canasia Industries CAJ.V Clone property assays
October 20 2008
Hole No. From (feet) To (feet) Interval (feet) Au (g/t)
CL08-5 64 77 13 4.216
87 93 6 12.24
103 104 1 23.664
221 223 2 39.338
CL08-8 192 207 15 2.72
Average grade in 5 holes/intervals = 16.44
October 5 2009
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
15 14.63 17.07 2.44 14.05
16 13.72 21.64 7.92 20.22
18 22.56 31.09 8.53 3.61
46.33 50.6 4.27 26.23
19 6.1 12.19 6.09 2.09
20 4.57 24.69 20.12 7.11
including 16.76 24.69 7.93 15.28
34.44 46.94 12.5 7.39
21 11.89 19.81 7.92 30.37
including 11.89 13.72 1.83 115
Average grade in 8 holes/intervals = 13.88
October 22 2009
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
21 11.89 19.81 7.92 30.37
including 11.89 13.72 1.83 115.8
22 15.85 19.81 3.96 26.23
24 20.42 23.47 3.05 4.04
25 12.5 16.15 3.65 3.68
26 12.19 16.46 4.27 26.39
21.03 26.21 5.18 15.83
27 15.85 17.98 2.13 10.81
28 10.67 23.47 12.8 44.75
including 10.67 15.54 4.87 76.8
29 20.12 26.21 6.09 4.81
30 13.41 23.77 10.36 6.4
31 18.29 20.12 1.83 42.07
32 19.51 24.08 4.57 3.96
33 18.29 24.99 6.7 11.04
34 25.3 27.43 2.13 60.31
35 24.99 29.88 4.87 3.81
Average grade in 15 holes/intervals = 19.63
October 26 2010
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
CL10-03 23.41 26.82 3.41 14.63
CL10-04 27.19 28.1 0.91 13.26
CL10-05 19.66 20.27 0.61 16.5
48.46 48.89 0.43 11.35
CL10-06 21.43 22.77 1.34 48.53
CL10-07 22.07 24.57 2.5 66.58
including 22.07 22.62 0.55 222.75
CL10-08 19.51 22.8 3.29 12.74
21.85 22.8 0.94 38.88
CL10--09 17.8 23.47 5.67 6.75
21.58 22.65 1.07 33.23
CL10-10 60.05 63.09 3.05 14.05
60.05 61.23 1.19 27.12
CL-10-14 123.44 128.53 5.09 2.07
Average grade in 13 holes/intervals = 23.51
October 20, 2008 - October 26, 2010
Average gold grade in 41 holes / intervals = 19.35 g/t = 0.56 ounce/tonne
There are 5.6 million ounces of gold in each 10 million tonnes of ores
with inground resources value of $8.4 billion at gold price of $1,500
Investors are not impressed with short interval of good grade gold, only long core lengths make headline
With high grade gold even in shallow holes, it is very likely that long core length of spectacularly
high grade gold exists in the depth. Such assay result has caused euphoria
in the financial market by Unigold's (UGD.V) assays and by former Aurelian Resources.
Deep hole drilling (400 meters to 1000 meters) is warranted which may yield Aurelian style discovery:
https://www.youtube.com/watch?v=4vLwL5sOl04
Source Of Information:
https://www.canasiaind.com/s/NewsReleases.asp?numCols=1&page=1
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