Canasia Doubles Rare Earth Acreage In Quebec
Last Update: 10/7/2011 3:02:06 AM

VANCOUVER, BRITISH COLUMBIA, Oct 07, 2011 (MARKETWIRE via COMTEX) --Canasia Industries Corporation ("Canasia" and the "Company") (tsxventure:CAJ)(CANS.F)(frankfurt:45C) wishes to announcethat it has increased its rare earth acreage in the vicinity of theEldor Discovery in Quebec. 3,600 additional acres were acquiredthrough Gestim, which now brings Canasia's total to 7,198 contiguousacres prospective for rare earth.

On September 28, 2011, Canasia announced that the bulk sample programon the Clone Gold Prospect had been completed for the 2011 season.The output tripled last year's production to approximately 102tonnes. The grade of this year's tonnage is now in the process ofbeing established. Last year Canasia announced the final grade for 34one tonne samples retuned an average of 68.65 grams per tonne(December 8, 2010) and also had drill results on the Clone thatreturned drill intercepts of 44.75g/t over 12.8 meters (October 22,2009).

Negar Adam, President of Canasia stated, "We are pleased to doubleour rare earth property in Quebec. We also are anticipating receivingback the grades from the Clone Gold Prospect shortly, that we tripledoutput from this season from last season's tonnage taken."

If you would like to be added to Canasia's news distribution list,please send your email address to [email protected]

Negar Adam, President, Director

Canasia Industries Corporation

Neither the TSX Venture Exchange Inc. nor its Regulation ServiceProvider (as that term is defined in the policies of the TSX VentureExchange Inc.) accepts responsibility for the adequacy or accuracy ofthis press release.

Canasia Industries Corporation
Negar Adam
President, Director
1 877 225 6755
1 604 689 1733 (FAX)
[email protected]

SOURCE: Canasia Industries Corporation

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