CZM Capital Corp.

CZM Capital Corp.

August 06, 2008 09:41 ET

CZM Intersects 2.32 g/t Gold and 9.12 g/t Silver Over 13.6m at Tag Project in Northern B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 6, 2008) - CZM Capital Corp. (TSX VENTURE:CZM), ("the Company") is pleased to announce results from four of the ten holes recently drilled on the TAG gold-silver property located on Taku Arm of Tagish Lake some 35km due west of Atlin, BC.

Hole No. From m To m Int. m Au g/t Ag g/t
TAG08-50 71.5 83.7 12.2 1.70 44.93
TAG08-51 86.9 108.0 21.1 1.96 8.27
Incl. 86.9 91.2 4.3 2.84 12.05
Incl. 95.2 108.0 12.8 2.08 9.06
TAG08-54 168.2 188.5 20.3 1.55 7.05
Incl. 175.3 178.3 3.0 3.04 15.10
TAG08-55 151.5 176.1 24.6 1.45 5.49
Incl. 157.5 171.1 13.6 2.32 9.12

Assay results are pending for holes 52, 53, 56, 57, 58 and 59 and will be released as soon as they are received by the Company.

The intersections listed above were all encountered in the 025 Fault Zone (the "025FZ") towards its intersection with the regional scale, north-trending Llewellyn Fault at the far south end of the Tag property. The 025FZ is a highly deformed interval of shearing, quartz veining, stockwork and breccia with disseminated to stringer sulphide mineralization that cuts calcareous sedimentary rocks. It can be traced for a distance of 6.2km on the TAG property. Sediment-hosted, structurally controlled gold deposits are some of the world's most significant gold resources. The TAG property shows all the features that characterize these deposit types.

"We are off to a great start with these numbers and are looking forward to the results from the next six holes" comments Zak Dingsdale, President.

The analytical results stated in this release were determined at Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire assay, atomic absorption technique for gold and partial acid digestion, atomic absorption technique for silver. Bourlamaque is not accredited but it is independent of CZM, maintains an internal quality control program and participates annually in CANMET round-robin proficiency testing. Also, CZM inserts blanks, standards and duplicates according to an independently designed and monitored QAQC program. 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.

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.

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

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