Canasia Industries to initiate exploration program
Canasia Industries Corporation (TSX VENTURE:CAJ)(FRANKFURT:45C)(OTCBB:CANSF) reported that the company has engaged Rio Minerals Ltd. to initiate an exploration program consisting of geological sampling and mapping on its wholly owned Buena Vista, Las Joyas, and Santo Nino Properties, in central Mexico.
The press release is quoted as saying:
The Las Joyas Property is located in the historic mining districts of El Oro and Tlalpujahua. This gold belt is characterized by gold-silver quartz veins and disseminated mineralization. The property is comprised of 31,601.52 hectares and the central area of the property contains small active gold mining claims.