CZM Capital Corp.
TSX VENTURE : CZM

CZM Capital Corp.

October 11, 2007 09:29 ET

CZM Drilling Barney Zone at TAG Gold-Silver Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2007) - CZM Capital Corp., (TSX VENTURE:CZM), is pleased to announce that drilling has resumed at the TAG Gold-Silver Project located on Taku Arm of Tagish Lake, 35 km due west of Atlin, BC. CZM plans to complete a minimum of 2000m of drilling before the end of October.

The primary goal of this drill program will be to test the Barney zone located 3.5 km north of the Main & Bearox zones where CZM has to date completed 6200m of drilling in 41 holes. The Barney zone has retuned anomalous gold and silver values over a 250m distance on surface from quartz breccia-stockwork mineralization within the 025 Fault Zone (the "025FZ"). The Barney mineralization is known to be associated with quartz diorite. In the past it was thought that the quartz diorite occurred as narrow dykes within the 025FZ. However a large magnetic high that was outlined by a high definition airborne survey flown by McPhar Geophysical Surveys Inc. in August 2007 indicates that the quartz diorite forms a much larger intrusion that is in fact cut by the 025FZ. This will be the first time that the Barney Zone is drilled.

The drilling will also test a number of targets at several points along the 025FZ between the Main/Bearox and Barney showings.

Mark Fekete, P.Geo is the designated "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101 responsible for the preparation of this release.

CZM Capital Corp. is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the Tagish Lake region of Northern British Columbia.

On behalf of CZM Capital Corp.,

Zachery Dingsdale, President & CEO

Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors identified above and in the corporation's periodic filings with the British Columbia Securities Commission and the U.S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The corporation does not intend to update this information and disclaims any legal liability to the contrary.

Shares Issued: 24,443,250

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • CZM Capital Corp.
    (604) 642-0115 or Toll Free: 1-800-610-9552
    (604) 642-0116 (FAX)
    Website: www.czmcapital.com