CZM Capital Corp.
TSX VENTURE : CZM

CZM Capital Corp.

July 03, 2008 09:51 ET

CZM Intersects Unprecedented Mineralization During First Phase of 2008 Drilling at TAG Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2008) - CZM Capital Corp., (TSX VENTURE:CZM), ("the Company") is pleased to announce that from May 28 to June 21, 2008, 1850m of drilling was completed in 10 holes on the TAG gold-silver property located on Taku Arm of Tagish Lake some 35km due west of Atlin, BC. The goal of the drill program is to determine whether gold mineralization improves along the southern most extension of the 025 Fault Zone (the "025FZ") towards its intersection with the regional scale, north-trending Llewellyn Fault. The 025FZ was intersected in all 10 holes and it is consistently 15 to 20m wide. Hole 59 however intersected over 50 metres of brecciated quartz FZ mineralization. Approximately 800 core samples have been submitted for assay with results expected in late July to early August. CZM has now completed 59 drill holes on the TAG Property.

The drill has been moved to BCGold Corp.'s Engineer property located 6km south of the TAG property. It is scheduled to return to the Tag property in early August. In the mean time, surface exploration work will continue with prospecting and trenching at several new targets identified on the property, as well as detailed structural mapping of the 025FZ.

"The drilling went exceptionally well and we are well ahead of schedule this year thanks to a strong effort by the entire exploration crew" comments Zak Dingsdale, President.

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 reviewing 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.

Shares Issued 25,098,750

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

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