Canasia Commences Bulk Sample Operations on Clone Gold Discovery

Canasia Industries Corporation (�CAJ�) wishes to announce that it has been notified by its partner that the application has been completed for an initial bulk sample operation on the Clone Gold Prospect. The Clone Gold Prospect in Stewart BC, recently returned grades as high as 44.75 g/t over 12.8 metres (announced October 22, 2009). Approximately ten tons of samples have been gathered to date and were shipped for processing.

Negar Towfigh, President of Canasia stated, �The results for the 2009 drill program on the Clone were the best that Canasia has drilled to date and the drilling was near surface. This initial bulk sample may assist Canasia in further defining the size of the potential deposit and it may also aid in possibly generating initial revenue from the Clone Prospect. Canasia plans to conduct a larger drill program in 2010 on the Clone Prospect, than it did in 2009, due to the results achieved this past drill season. We are continuing operations on the Clone and we also anticipate being active on multiple other prospects in early 2010.

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Canasia Industries has a well diversified portfolio of prospects. Canasia�s current prospects include the following: (a) The Clone Gold prospect in Stewart, BC, that has recently returned grades as high as 44.75 g/t Ag over 12.80 metres (announced October 22,2009); (b) The Debut Gold prospect in NE Nevada where Kinross Gold is now actively drilling; (c) 55,300 contiguous acres at Reed Lake, Manitoba; (d) 450,000 contiguous acres of Potash claims, bordering Alberta and Saskatchewan; (e) 130,500 acres prospective for Coal in SE Saskatchewan; (f) 180,000 acres prospective for Lithium in Alberta; (g) and three mineral claims covering an area of approximately 31,602 hectares, located north and northwest of the El Oro -- Tlalpujahua Gold/Silver belt in the states of Guanajuato and Michoacan Mexico.

Contact Information

Tel: 1877 2256755

Fax: 1604 689-1733

�Graeme Sewell�
Director
Canasia Industries Corporation

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