CZM Capital Corp.
TSX VENTURE : CZM

CZM Capital Corp.

January 30, 2007 08:00 ET

CZM Intersects Gold and Silver in All 11 Holes of Phase 2 Drilling at TAG Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 30, 2007) - CZM Capital Corp. ("CZM") (TSX VENTURE:CZM) is pleased to announce results from the second phase of drilling completed at the TAG Property in November 2006. Eleven drill holes were drilled to test the "025 Fault" at depth and along strike from the "Main Zone" showing where six shallow holes drilled in April 2006 all intersected gold-silver mineralization. The Main Zone consists of quartz breccia and stockwork veining within the "025 Fault" and also incorporates sulphide veinlets and disseminations in the wallrock adjacent to the fault. The Tag Property is located 35 km west of Atlin in Northern British Columbia.

All eleven holes encountered the 025 Fault and returned notable gold-silver values ranging up to a maximum of 5.7g/t gold ("Au") and 300.0g/t silver ("Ag"). The best intersection returned 3.6g/t Au and 22.9g/t Ag over 4.7 m from 188.4 to 193.1m in TAG06-21. This intersection is included in a broader intersection of 2.2g/t Au and 9.3g/t Ag over 16.2 m. The widest intersection returned 1.0g/t Au and 3.8g/t Ag over 27.5m from 204.2 to 231.7m in TAG06-22 and, similar to the intersection in TAG06-21, includes a higher grade sub-section of 2.0g/t Au and 9.0g/t Ag over 3.5m at the footwall contact. Higher grade intersections typically four to five metres wide were found in almost all of the holes drilled and this appears to be a characteristic feature of the 025 Fault. It also appears that the gold-silver grades are improving moving north along the fault structure. Weight averaged intersections of the eleven holes are included in the table at the bottom of this release.

Zachery Dingsdale, President of CZM states: "Historically, gold-silver mineralization in the Tagish Lake region has been found in very narrow quartz veins. We are very encouraged by the unprecedented broad zones of gold-silver mineralization that CZM has encountered to date by drilling the 025 Fault." CZM intends to continue drilling on the property as early as March 1, 2007. A fully winterized camp has been built and Kluane Drilling Inc. has stored a diamond drill and bulldozer on the property.

All analytical work was conducted by Bourlamaque Assay Laboratories Ltd. ("Bourlamaque") in Val d'Or, Quebec. 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. Gold was determined by conventional 30g fire assay-atomic absorption finish method. Silver was determined by aqua regia digestion-atomic absorption finish method. Over limit results were determined by gravimetric finish. 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.



Hole Line Stn. Dip/Azi From To Int. Au Ag
mN mE m m m g/t g/t
------------------------------------------------------------------------
TAG06-13 4350 5118 -55 degrees/115 degrees 195.9 211.0 15.1 1.0 7.9
incl. 204.9 210.0 5.1 2.0 6.7
TAG06-14 4400 5111 -45 degrees/115 degrees 166.6 182.9 16.3 1.5 5.8
incl. 178.2 182.9 4.7 2.1 6.3
TAG06-15 4350 5172 -50 degrees/115 degrees 72.0 73.2 1.2 2.1 5.9
& 114.4 127.6 13.2 0.8 3.6
incl. 121.0 122.7 1.7 2.4 13.2
TAG06-16 4400 5160 -50 degrees/115 degrees 84.3 85.4 1.1 1.7 7.3
& 120.9 126.7 5.8 1.4 4.9
TAG06-17 4450 5136 -57 degrees/115 degrees 113.1 114.1 1.0 3.7 5.3
& 169.8 194.4 24.6 1.5 8.2
incl. 172.8 179.2 6.4 2.2 13.3
incl. 188.1 194.4 6.3 2.5 12.1
TAG06-18 4444 5144 -45 degrees/110 degrees 134.0 142.8 8.8 0.8 3.2
incl. 137.8 138.4 1.0 3.8 12.8
TAG06-19 4450 5215 -50 degrees/115 degrees 40.0 41.0 1.0 1.8 2.3
& 56.5 65.0 8.5 1.6 15.2
incl. 61.2 65.0 3.8 2.5 19.8
TAG06-20 4500 5214 -45 degrees/115 degrees 43.4 56.7 13.3 2.0 19.7
incl. 43.4 46.9 3.5 2.9 23.6
incl. 49.1 53.2 4.1 2.3 35.6
TAG06-21 4500 5122 -53 degrees/115 degrees 176.9 193.1 16.2 2.2 9.3
incl. 188.4 193.1 4.7 3.6 22.9
TAG06-22 4550 5088 -47 degrees/115 degrees 204.2 231.7 27.5 1.0 3.8
incl. 204.2 205.4 1.2 3.0 7.1
incl. 220.0 223.0 3.0 2.1 11.5
incl. 228.2 231.7 3.5 2.0 9.0
TAG06-23 4550 5151 -49 degrees/115 degrees 103.1 103.8 0.7 2.8 15.7
& 127.3 154.0 26.7 1.7 5.1
incl. 127.3 132.0 4.7 3.5 4.4
incl. 135.0 139.3 4.3 2.5 5.5
incl. 145.1 150.5 5.4 2.0 9.0


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

Contact Information