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CZM News Room

June 20, 2006

TAG Property Main Zone Drilling Encounters Gold-Silver Mineralization
Vancouver, B.C., Canada, CZM Capital Corp., (TSXV: CZM), is pleased to announce results from six holes drilled on its TAG gold-silver property located on Taku Arm of Tagish Lake some 35 km due west of Atlin, 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.

The six holes were all drilled to test the “Main Zone” which was identified by surface prospecting, trenching and soil geochemistry by the property vendor. The drilling was done from three drill pads spaced approximately 50m apart. Two drill holes were completed from each pad. Grades range from 0.4 to 7.5g/t Au and from 0.5 to 106.5g/t Ag. Weight averaged intersections of the six holes are as follows:

The intersections listed above are not true widths as the orientation of the mineralized zone has not yet been determined. Also additional sampling will be completed in all six holes above and below to determine if the gold-silver values extend beyond the upper and lower margins of the intersections quoted above.

The Main Zone consists of quartz breccia and stockwork veining within the “025 Fault” and also incorporates sulphide veinlets and disseminations in the wallrock adjacent to the fault. Previous work shows the Main Zone strikes for 360m and has varied widths up to 15m. Rock samples collected by the property vendor returned up to 8.7 g/t Au and 1374 g/t Ag from rock samples and soil samples define a gold-arsenic soil anomaly centered on the southern portion of the zone. Previous hand trenching returned results as follows:

Results are pending from six holes drilled on the “Bearox Zone” located approximately 700m northeast of the Main Zone. The Bearox Zone is also located on the 025 Fault and is characterized by quartz breccia, stockwork veining and sulphide-bearing wallrock adjacent to the fault.

All drill analytical work was conducted by Bourlamaque Assay Laboratories Ltd. (“Bourlamaque”) in Val d’Or, Quebec. Gold was determined by conventional 30g fire assay-atomic absorption finish method. Silver was determined by aqua regia digestion-atomic absorption finish method. Bourlamaque follows an internal quality control program utilizing a system of blanks, standards and duplicates. 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 the preparation of this release.

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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