CZY

Greg Myers, CEO and President of Caza Gold Corp. (TSX
VENTURE:CZY)(PINKSHEETS:CZGDF)(FRANKFURT:CZ6), announces that the Company's
ongoing Nicaragua Regional Exploration Program has identified a new high
sulfidation epithermal gold target named Las Lajas on its 100% owned La Borbona
Property in Nicaragua. 


La Borbona is located approximately 15 kilometers (km) southwest of Caza's key
Los Andes Property where the Phase 1 exploration drill program is scheduled to
commence shortly. Gold mineralization and alteration at Las Lajas has been
identified in initial surface rock chip and soil samples from an area of strong
silicification and advanced argillic to argillic alteration approximately 1.6 km
in diameter inside a 7 km diameter volcanic caldera. 


See map at: http://www.cazagold.com/_resources/maps/la-ll-sf-alt-map.pdf.

A total of approximately 160 soil samples collected on a 50-100 m spaced grid
returned anomalous values ranging up to 40 ppb gold accompanied by strongly
anomalous tellurium, bismuth, and selenium. The geochemically anomalous zone is
hosted by strongly altered volcanic rocks and breccia bodies and is interpreted
to sit high up in the hydrothermal system. Such high level targets are often
considered to be the uppermost expressions of prospective high sulfidation
epithermal gold deposits.


Work is continuing to explore the 25 km long Los Andes-Pochote gold bearing
structure. The Company has identified more than 14 gold target areas based on
rock chip sampling along the structure. 


Preparations for drilling on the Los Andes Property are nearing completion at
the Quisaltepe and Pedregal targets. Swissboring SA de CV has been contracted
for the Phase 1 Los Andes drilling program and permitting, road and pad building
are well advanced for equipment mobilization within the next two weeks.


The Company is also delighted to announce that Mr. Bruce Korhonen has joined
Caza Gold Corp. as the Director of Investor Relations, effective immediately.
Mr. Korhonen has been involved in the public markets for over 12 years, and has
extensive experience in Investor Relations, marketing and corporate finance. In
his roles with other junior mining companies, Mr. Korhonen has not only raised
many millions of dollars, he has also developed and implemented successful IR
communication strategies. A total of 100,000 incentive stocks options have been
granted to Mr. Korhonen, which shall vest according to TSXV regulations of 25%
after 3 months, and 25% every 3 months thereafter, being 100% vested in 12
months, subject to Board and TSXV approval with a strike price of $0.26. The
Options will be valid for a term of 3 years.


"We are very pleased to have Mr. Korhonen join Caza. Bruce and I worked together
previously and I have great confidence in his abilities. He will help us build
our shareholder base globally and improve communications as we move into the
next stage of building Caza's projects into discoveries," commented President
and CEO, Dr. Greg Myers. Mr. Korhonen will coordinate the investor relations
activities during Gregg Wilson's indefinite leave of absence for health reasons.



Greg Myers, Ph.D. P. Geo, CEO of the Company, is the Qualified Person who
reviewed and approved the contents of this property update.


Caza Gold Corp. is a growth-oriented gold exploration company listed on the
TSX-V: CZY, FSE: CZ6, and OTC Pink Sheet: CZGDF. The Company is focused on the
acquisition and exploration of strategic gold properties in Mexico and Latin
America.


CAZA GOLD CORP.

Greg Myers, President and CEO

CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute "forward-looking statements"
within the meaning of the United States Private Securities Litigation Reform Act
of 1995. All statements that are not historical facts, including without
limitation statements regarding future estimates, plans, objectives, assumptions
or expectations of future performance, are "forward-looking statements". We
caution you that such "forward-looking statements" involve known and unknown
risks and uncertainties, as discussed in the Company's filings with Canadian and
United States securities agencies. The Company expressly disclaims any
obligation to update any forward-looking statements other than as required by
applicable law. We seek safe harbour.

Caza Gold Corp. (TSXV:CZY)
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