CZM Capital Corp.
TSX VENTURE : CZM

CZM Capital Corp.

October 26, 2005 08:00 ET

CZM Capital Corp.: Drilling at Lorraine Mine Property to Test Ni-Cu-PGE Targets

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 26, 2005) -

This news release is not for dissemination in the Unites States of America or to United States of America news services.

CZM Capital Corp., (TSX VENTRUE:CZM), is pleased to announce that it has engaged Forages M. Lafreniere to compete up to 2000 m of diamond drilling at the Lorraine Mine property located 35 km northeast of Ville-Marie in Quebec. The Lorraine Mine property is the site of past copper-nickel production in the mid-1960s. CZM is earning a 51% interest in the property from Hinterland Metals inc. (TSX.V "HMI") through the issuance of 500,000 shares and the completion of $1M of exploration work over a four-year period.

The drill will be mobilized to the property November 1 and drilling is expected to commence shortly thereafter. The goal of the drill program is to test several down-hole electromagnetic anomalies for platinum group metal "PGM"-bearing nickel-copper sulphide mineralization. HMI identified these anomalies, which are located down-plunge from the previous mine workings, during a drill program completed in February 2004. The drilling will also attempt to verify a high-grade, lode gold-type structure reported on the sixth level in the old mine records as "...assays for a length of 92' averaged 1.32 ounces per ton gold, 1.19 ounces per ton silver..."

The drill program will be supervised by Mark Fekete, P.Geo a "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101.

About CZM Capital Corp.

CZM Capital Corp. is a resource exploration company focused on the exploration and development of precious and base metal properties in Canada.

On behalf of CZM Capital Corp.,

"Zachery Dingsdale"

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.

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