Canasia Industries Corporation

Published : June 05th, 2008

Conductors Indicated on Reed Lake Prospect

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      Conductors Indicated on Reed Lake Prospect
=======================================================================

Canasia Industries Corporation ("Canasia") announces that it has been
notified by the operator that interpretation of historical data has
been obtained on the Reed Lake Prospect.  Previous geophysical data has
indicated there is a minimum of six conductors on the property.  A
compliant National Instrument 43-101 report will completed by Canasia
in the future. Readers should note that the information on historic
work performed on the property disclosed on this release was completed
prior to implementation of National Instrument 43-101, therefore the
results spoken of do not comply with modern reporting standards and
should not be relied upon until such time as additional work is
completed on the property.

Joint venture representatives have just returned from Reed Lake and
while there met with parties needed to advance the project including
line cutting, ground geophysics, permitting and drilling.

Graeme Sewell, a director of Canasia stated, "Management is moving
forward toward establishing high-priority drill targets on the Reed
Lake Prospect. Drilling is anticipated to commence this summer on this
prospect. This prospect is directly contiguous to a recent discovery
announced by VMS Ventures (May 22, 2008), with intercepts including
18.99 metres (62.3 feet) of 7.10 per cent copper and 0.17 per cent
zinc."

If you would like to be added to Canasia's news distribution list,
please send your email address to info@canasiaind.com.

Contact Information
Tel: 1877- 225 6755
Fax : 604 689-1733
www.canasiaind.com
info@canasiaind.com

"Graeme Sewell"
Director
Canasia Industries Corporation



=======================================================================
Copyright (c) 2008 CAJ - TSX VENTURE - CANASIA INDUSTRIES  (CAJ)  All
rights reserved.  For more information visit our website at
http://www.canasiaind.com/ or send mailto:info@canasiaind.com
=======================================================================
.

Canasia Industries Corporation

EXPLORATION STAGE
CODE : CAJ.V
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Canasia Industries is a gold and copper exploration company based in Canada.

Its main exploration properties are DEBUT GOLD in USA and CLONE GOLD in Canada.

Canasia Industries is listed in Canada and in Germany. Its market capitalisation is CA$ 1.4 millions as of today (US$ 1.3 millions, € 968 325).

Its stock quote reached its highest recent level on June 13, 2008 at CA$ 0.56, and its lowest recent point on July 07, 2014 at CA$ 0.01.

Canasia Industries has 140 678 000 shares outstanding.

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Project news of Canasia Industries Corporation
7/24/2008(Clone Gold)Drill Additional Gold Prospect
6/5/2008(Reed Lake)Conductors Indicated on Reed Lake Prospect
6/2/2008(Potash)453,058 Acres of Potash Claims Receive Government Approval
5/30/2008(Jumbo Gold)INITIATES SUMMER WORK PROGRAM
5/23/2008(Reed Lake)VTEM Survey on Reed Lake Prospect Received
4/16/2008(Potash)SIGNIFICANT POTASH PRICE INCREASE IN 2008
4/7/2008(Reed Lake)SEVEN NEW CLAIMS ACQUIRED IN REED LAKE, MANITOBA
3/4/2008(Potash)Retains Geological Consulting Group for Potash Development
12/10/2007(Reed Lake) initiates work program on Reed Lake claims in Manitoba
Corporate news of Canasia Industries Corporation
9/19/2012Positive Indications Returned on Murdochville Aluminous Clay...
9/14/2012(Clone Gold)Re-Commences Operations on Clone Gold Prospect
1/29/2010Applies for Land in the Vicinity of (EFG) First Gold Explora...
1/22/2010Commences Mexico Operations
1/18/2010to Commence Primary Winter Gold/Copper Drill Program
1/12/2010Gold prices hit a five-week high
2/25/2008Acquires Option on more than 450,000 Contiguous Acres of Pot...
11/8/2007 Attend Strategic Investment Forum
10/15/2007Acquire Interest in 26,653 Hectares in Reed Lake, Manitoba
9/25/2007Lists on one of the Worlds Largest Stock Exchanges
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