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      Conductors Indicated on Reed Lake Prospect
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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



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rights reserved.  For more information visit our website at
http://www.canasiaind.com/ or send mailto:info@canasiaind.com
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