VANCOUVER, BRITISH COLUMBIA, July 24 / MARKET WIRE/ -- Canasia Industries Corporation ("Canasia") (TSX VENTURE: CAJ)(OTCBB: CANSF)(FRANKFURT: 45C) wishes to announce that it has been notified by the operator that they have signed a contract with Elite Diamond Drilling to drill the Clone Gold Prospect located in Stewart, BC. This drill program is expected to commence on August 15th. The Clone Gold Prospect is situated 20 km southeast of Stewart, BC and about 15 km south of Seabridge Gold Inc.'s Red Mountain gold deposit. The property features two types of gold-bearing shear zones, exposed over a strike length of approximately 600 metres. These shears called either H or S zones (hematite or sulfide) can carry high-grade gold values. Trench #4 into the H-1 structure returned a value of 3.59 oz/ton gold over a 5.5m width; trench...
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