CZM Capital Corp.

CZM Capital Corp.

August 23, 2007 08:00 ET

CZM TAG Gold-Silver Exploration Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 23, 2007) - CZM Capital Corp. (the "Company") (TSX VENTURE:CZM) is pleased to provide an exploration update on the TAG gold-silver project located on Taku Arm of Tagish Lake approximately 35km east of Atlin, B.C. Exploration is targeted on the 025 Fault Zone: a major structural feature with strong gold-silver mineralization that has been traced through the property for a distance of 6.2 km. CZM just accomplished 2800m of drilling in 14 holes to follow up encouraging results obtained from drilling completed in 2006. A soil geochemical survey has also been recently done on the property as well as an airborne magnetic and radiometric survey. Results from the drilling and surface surveys are pending. These results will be compiled with existing data and used to highlight specific targets to be tested by further drilling expected to commence in mid-September 2007.

The airborne geophysical survey by was flown by McPhar Geophysical Surveys Inc. as part of a regional syndicate of exploration companies including Eagle Plains and Exall. Mark Fekete, a director for CZM and the designated "qualified person" for the project as defined by NI 43-101 has commented "It is exciting to finally see a historical prospecting camp being explored with modern methods both at the property level and on a regional scale."

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 20,345,750

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

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