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August 23, 2007

VANCOUVER, CANADA, August 23, 2007, - CZM Capital Corp. (the "Company"), (TSXV: 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.

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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