CZY

Greg Myers, CEO and President of Caza Gold Corp. (TSX
VENTURE:CZY)(OTCQX:CZGDF)(FRANKFURT:CZ6) is pleased to announce that initial
reconnaissance sampling has identified a large area of mineralized and
silicified igneous rocks containing up to 45.9 grams per tonne (gpt) gold and
1.82% copper at the Piedra Iman Project.


The Company has received assay results from the first 125 surface rock chip
samples in an area 800 meters long by 300 meters wide at the Piedra Iman target
in Northern Nicaragua. Thirty seven of the 125 samples collected by the Company
contained more than 0.1 gpt gold with 12 samples containing more than 0.5 gpt
gold up to 45.99 gpt. 


Copper values range from 0.01% to 1.82% and 41 of the 125 samples are over 0.5%
copper. Magnetite and specular hematite are common in the mineralized zone.
Alteration consists of several highly silicified igneous breccia bodies
surrounded by sericite- and clay-altered intrusive rocks. Secondary biotite has
been observed in several samples. The initial interpretation of the limited rock
exposures suggest the mineralization could be related to a porphyry copper-gold
system or an IOCG (iron oxide-copper-gold) system.


Link to maps and results: http://cazagold.com/projects/nicaragua/piedra_imam/

The Piedra Iman area was previously explored in the 1970's with some reported
drill holes and an exploration tunnel beneath the target zone. The Nicaraguan
civil war from 1978-1999 disrupted all exploration and development activities
and the property was abandoned. 


Caza's geologic team found reference to the project in the literature but no
actual data from previous work, acquired a 100% interest in the prospective
area, and prospected the area. The drill sites and exploration tunnel from the
1970's program have now been identified within the area of the current sampling
and several mineralized outcrops have been excavated by hand to expose strong
copper staining and visible gold. 


Company President and CEO Dr. Greg Myers stated, "We were excited when our
initial samples returned high grade gold values in both heavily copper stained
rocks as well as rocks without appreciable copper mineralization. It took
considerable effort for our field crew to dig through the heavy brush and soil
cover in order to discover the old drill sites and the collapsed portal of the
exploration tunnel. The discovery of high grade gold and copper samples on
surface in a large area of mineralization is very encouraging."


Caza is now evaluating the next phase of exploration for both the Piedra Iman
and Los Andes properties. Caza holds nine high sulfidation gold properties, and
other porphyry copper-gold targets in Nicaragua, comprised of more than 460,000
hectares covering at least 23 separate gold and copper targets. 


Caza Gold Corp. (TSX VENTURE:CZY)(OTCQX:CZGDF)(FRANKFURT:CZ6)  is a
growth-oriented gold exploration company focused discovering new gold deposits
in Nicaragua and Mexico. The Company is one of the largest landholders in the
highly prospective but largely undeveloped country of Nicaragua, and holds
attractive properties in historic mining districts in the mineral-rich country
of Mexico. Caza Gold Corp is dedicated to discovering gold, defining deposits,
and developing value.


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


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Caza Gold Corp.
Bruce Korhonen
Director of Investor Relations
(604) 685-9750 or Toll Free: 1-877-684-9700
(604) 685-9744 (FAX)
bkorhonen@cazagold.com
www.cazagold.com

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