CZM Capital Corp.
TSX VENTURE : CZM

CZM Capital Corp.

January 19, 2006 08:00 ET

CZM Capital Corp. Options TAG Gold Silver Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 19, 2006) - CZM Capital Corp. (TSX VENTURE:CZM), has entered into an option agreement to acquire a 100% interest in the TAG Gold Silver Property within the Atlin Mining Division of British Columbia. The Property is located 35 km west of Atlin, British Columbia on the east shore of Taku Arm Tagish Lake. Access to the property is gained via a 1-hour boat trip from Atlin to Taku Arm of Tagish Lake then south to the campsite, which is 6 km north from the past producing Engineer Mine.

The claim group consists of 65 cell claims totalling over 1000 hectares. The Mass and Quantity claims (40 units) were staked 1988 by G.R.Thompson upon the discovery of an outcrop of gold bearing breccia near the shore of Tagish Lake. Since then, many drill targets have been identified through geological mapping, control grids, soil and rock geochemical surveys, trenching, petrographic studies, geophysical surveys, SEM, XRD, infrared spectral analysis.

The property is bounded to the west by the long-lived deep-seated Llewellyn Fault system and the Coast Crystalline Complex. The claims cover most of a 6 km long, 10- 100 m wide, 25 degrees trending splay fault off the Llewellyn Fault system. The property is dominated by Jurassic Laberge group argillite, graywacke, siltstone, limestone and conglomerate, which are underlain by Triassic Stuhini group volcanics and carbonate. This pile has under gone lateral shortening by some 45 percent. Many cross faults, folds and several high level granodiorite to porphyritic intrusive phases complicate the geology. Phyllic, illite, silica and carbonate are the main alteration assemblages associated with epithermal-mesothermal quartz flooding stockwork-microstockwork and breccia. Also, mineralization is hosted within sediments without quartz. Gold and silver mineralization occurs in the hanging and footwall as native metal and associated with disseminations, blebs and fracture fillings of arsenopyrite, pyrite.

3 km of anomalous gold-silver strike from 4 zones have been identified to date within the 6km structure.

The Company may earn a 100% working interest by carrying out aggregate exploration and development expenditures of $1,050,000 and making aggregate option payments of $60,000 and issuing a total of 600,000 common shares of CZM on or before 36 months from the date this agreement receives regulatory approval. The Vendor shall retain a 2.5% Net Smelter Royalty. CZM, at its option may acquire a 1.5% NSR from the Vendor for a cash payment of $500,000 per 0.5% at any time prior to commercial production.

CZM intends to complete a 2500m NQ-core diamond drilling program. The objective of the program is to test for ore grade gold and silver along the fault structure. The program consists of core drilling 21 holes from 15 drill sites to depths of 100 and 150m.

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

For further information please visit our website at www.czmcapital.com or call 1-905-377-0989.

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

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