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CZM News Room

May 2, 2006

CZM Begins Drilling TAG Gold-Silver Property
May 2, 2006, Vancouver, B.C., Canada, CZM Capital Corp., (TSXV: CZM), is pleased to announce that it has commenced drilling on the TAG gold-silver property located on Taku Arm of Tagish Lake 35 km due west of Altin, BC. CZM holds an option to acquire a 100% interest in the TAG property by making cash and share payments and by meeting work commitments over a three-year period.

Mineralization was discovered at the TAG property in 1988 during a regional prospecting program north of the past producing Engineer Gold Mine. Soil and rock geochemical surveys, geological mapping and trenching have identified many drill targets on the property and several styles of mineralization. The first style is structurally controlled-type that consists of epithermal breccia and quartz stockwork veining. The second sediment hosted-type shows sulphide veinlets without quartz. The third style is mesothermal vein-type mineralization. Surface outcrop sampling has returned silver grades to 1,374 g/t and gold grades up to 9 g/t from rock chips. Soils have returned up to 18.7 g/t gold. Mineralization has been mapped at surface intermittently along nearly 3km of a 6km structure. Soil geochemical work outlines anomalous gold zones up to 100m wide and nearly 1000m long.

CZM plans to complete 2500m diamond drill program in two phases. Phase one commenced on April 26, 2006 and will consist of 1400m of core drilling in 12 holes over 1.2km of the 6km structure. Upon positive results CZM plans to conduct a second phase of drilling of 1100m later in the summer. The objective of the drill program is to test the gold and silver grade and the true width of the down dip extension of several surface showings. The project will be conducted under the supervision of Mark Fekete P.Geo., a qualified person under the 43-101 guidelines.

On behalf of CZM Capital Corp.,
Zachery Dingsdale
President & CEO

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

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