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CZM News Room

October 26, 2005

Drilling at Lorraine Mine Property to Test Ni-Cu-PGE Targets
Vancouver, B.C., Canada, CZM Capital Corp., (TSX.V CZM), is pleased to announce that it has engaged Forages M. Lafrenière to compete up to 2000 m of diamond drilling at the Lorraine Mine property located 35 km northeast of Ville-Marie in Quebec. The Lorraine Mine property is the site of past copper-nickel production in the mid-1960s. CZM is earning a 51% interest in the property from Hinterland Metals inc. (TSX.V HMI) through the issuance of 500,000 shares and the completion of $1M of exploration work over a four-year period.

The drill will be mobilized to the property November 1 and drilling is expected to commence shortly thereafter. The goal of the drill program is to test several down-hole electromagnetic anomalies for platinum group metal "PGM"-bearing nickel-copper sulphide mineralization. HMI identified these anomalies, which are located down-plunge from the previous mine workings, during a drill program completed in February 2004. The drilling will also attempt to verify a high-grade, lode gold-type structure reported on the sixth level in the old mine records as "...assays for a length of 92' averaged 1.32 ounces per ton gold, 1.19 ounces per ton silver..." The drill program will be supervised by Mark Fekete, P.Geo a "qualified person" as defined in Section 1.2 in and for the purposes of National Instrument 43-101.

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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