home >> CZM news >>September 26, 2006
Mobilization Begins for Second Round of Drilling at TAG Property
Vancouver, B.C., Canada, CZM Capital Corp., (TSXV: CZM), is pleased to announce that it has begun to mobilize for the second round of drilling on the TAG gold-silver project located approximately 35 km west of Atlin, B.C. Equipment and fuel is being barged to the project site and camp construction is due to begin this week. It is expected that drilling will begin shortly after the camp and drill sites are prepared.
It is proposed that the drilling be done in two stages. It is anticipated that the first stage will include up to approximately 1500m of drilling to be completed in 2006 and will focus on the Main Zone. Six holes were completed on the Main Zone in May 2006 and gold and silver values were intersected in all six holes. The best result was obtained in hole TAG-06-03 which intersected 12.45m of 2.7g/t Au and 15.1 g/t Ag. It is expected that the second stage will continue in early 2007 with up to 3000m of drilling at both the Main and the Bearox zones. Six holes were completed on the Bearox Zone in May 2006 and gold and silver values were intersected in all six holes. The best result was obtained in hole TAG-06-09 which intersected 9.75m of 1.8g/t Au and 5.1g/t Ag. The Main and Bearox zones are separated by 700m and both occur at the far south end of the 025 Fault. This structure continues and remains untested over a 6km length on the TAG property.
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.
About CZM Capital Corp.
CZM Capital Corp. is a resource exploration company focused on the exploration and development of precious metal properties in Canada.
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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