CAJ share price should hit $1 on these assays The management has done its job, the financial community was not responding due to economic slump problem, not management problem. Wait till the JV partners raise enough money from the refinery of the gold ores and starts their feasibility study and reserves estimate through deep hole drilling .... . and with already high grade gold just beneath the surface, CAJ share price could dwarf the rally in UGD.V and Canasia could potentially become Aurelian Resources the Second.
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=364024&_Type=News-Releases&_Title=Drill-Cores-to-be-Re-Assayed-on-Clone-Prospect
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=366781&_Type=News-Releases&_Title=Canasia-drills-7.93-metres-of-30.37-gt-and-20.12-metres-of-7.11-gt-on-Clone...
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=369258&_Type=News-Releases&_Title=12.80-Metres-of-44.75-GT-Gold-Intersected-on-Clone-Gold-Program
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=423456&_Type=News-Releases&_Title=Bulk-Sample-Returns-Grades-as-High-as-19.1-ozton-Gold
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=425042&_Type=News-Releases&_Title=66.58-gt-Gold-over-2.5m-at-Clone-Property
https://www.canasiaind.com/s/NewsReleases.asp?ReportID=432625&_Type=News-Releases&_Title=Clone-Returns-68.65-Grams-Per-Tonne-Gold-from-Bulk-Sample
Silence is golden, they don't need to report intantaneous process of the current operation. Frequent good news released in the bad economic years of 2008 to 2010 have fallen on deaf ears anyway.
| Clone property assays |
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| October 20 2008 |
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| Hole No. |
From (feet) |
To (feet) |
Interval (feet) |
Au (g/t) |
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| CL08-5 |
64 |
77 |
13 |
4.216 |
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87 |
93 |
6 |
12.24 |
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103 |
104 |
1 |
23.664 |
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221 |
223 |
2 |
39.338 |
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| CL08-8 |
192 |
207 |
15 |
2.72 |
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| Average grade in |
5 |
holes/intervals = |
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16.44 |
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| October 5 2009 |
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| Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Au (g/t) |
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| 15 |
14.63 |
17.07 |
2.44 |
14.05 |
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| 16 |
13.72 |
21.64 |
7.92 |
20.22 |
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| 18 |
22.56 |
31.09 |
8.53 |
3.61 |
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46.33 |
50.6 |
4.27 |
26.23 |
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| 19 |
6.1 |
12.19 |
6.09 |
2.09 |
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| 20 |
4.57 |
24.69 |
20.12 |
7.11 |
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| including |
16.76 |
24.69 |
7.93 |
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15.28 |
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34.44 |
46.94 |
12.5 |
7.39 |
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| 21 |
11.89 |
19.81 |
7.92 |
30.37 |
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| including |
11.89 |
13.72 |
1.83 |
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115 |
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| Average grade in |
8 |
holes/intervals = |
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13.88 |
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| October 22 2009 |
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| Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Au (g/t) |
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| 21 |
11.89 |
19.81 |
7.92 |
30.37 |
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| including |
11.89 |
13.72 |
1.83 |
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115.8 |
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| 22 |
15.85 |
19.81 |
3.96 |
26.23 |
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| 24 |
20.42 |
23.47 |
3.05 |
4.04 |
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| 25 |
12.5 |
16.15 |
3.65 |
3.68 |
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| 26 |
12.19 |
16.46 |
4.27 |
26.39 |
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21.03 |
26.21 |
5.18 |
15.83 |
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| 27 |
15.85 |
17.98 |
2.13 |
10.81 |
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| 28 |
10.67 |
23.47 |
12.8 |
44.75 |
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| including |
10.67 |
15.54 |
4.87 |
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76.8 |
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| 29 |
20.12 |
26.21 |
6.09 |
4.81 |
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| 30 |
13.41 |
23.77 |
10.36 |
6.4 |
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| 31 |
18.29 |
20.12 |
1.83 |
42.07 |
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| 32 |
19.51 |
24.08 |
4.57 |
3.96 |
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| 33 |
18.29 |
24.99 |
6.7 |
11.04 |
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| 34 |
25.3 |
27.43 |
2.13 |
60.31 |
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| 35 |
24.99 |
29.88 |
4.87 |
3.81 |
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| Average grade in |
15 |
holes/intervals = |
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19.63 |
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| October 26 2010 |
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| Hole No. |
From (m) |
To (m) |
Interval (m) |
Au (g/t) |
Au (g/t) |
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| CL10-03 |
23.41 |
26.82 |
3.41 |
14.63 |
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| CL10-04 |
27.19 |
28.1 |
0.91 |
13.26 |
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| CL10-05 |
19.66 |
20.27 |
0.61 |
16.5 |
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48.46 |
48.89 |
0.43 |
11.35 |
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| CL10-06 |
21.43 |
22.77 |
1.34 |
48.53 |
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| CL10-07 |
22.07 |
24.57 |
2.5 |
66.58 |
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| including |
22.07 |
22.62 |
0.55 |
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222.75 |
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| CL10-08 |
19.51 |
22.8 |
3.29 |
12.74 |
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21.85 |
22.8 |
0.94 |
38.88 |
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| CL10--09 |
17.8 |
23.47 |
5.67 |
6.75 |
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21.58 |
22.65 |
1.07 |
33.23 |
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| CL10-10 |
60.05 |
63.09 |
3.05 |
14.05 |
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60.05 |
61.23 |
1.19 |
27.12 |
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| CL-10-14 |
123.44 |
128.53 |
5.09 |
2.07 |
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| Average grade in |
13 |
holes/intervals = |
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23.51 |
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| October 20, 2008 - October 26, 2010 |
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| Average gold grade in 41 holes / intervals = 19.35 g/t = 0.56 ounce/tonne |
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| There are 5.6 million ounces of gold in each 10 million tonnes of ores |
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| with inground resources value of $8.4 billion at gold price of $1,500 |
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| Source Of Information: |
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| Silver Grail Resources / Teuton Resources (50%) |
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| https://www.silvergrail.com/ |
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| Canasia Industries (50%) |
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| https://www.canasiaind.com/s/NewsReleases.asp?numCols=1&page=1 |
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https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31240646&l=0&r=0&s=CAJ&t=LIST