CGW

Corazon Gold Corp. ("Corazon" or the "Company") (TSX VENTURE:CGW) is pleased to
announce it has begun a 3000 metre core drilling program at its Santo Domingo
property in central Nicaragua, located 10 kilometres east of B2Gold's La
Libertad mine. Corazon has contracted Rodio Swissboring Nicaragua to complete
this first phase of drilling.


Corazon's mapping and trenching at Santo Domingo identified a mineral rich
environment including 7 principal epithermal veins, each exceeding 1 kilometre
in length and 15 subsidiary veins, each less than 1 kilometre in length that are
gold mineralized at surface. This system of braided and branching veins totals
more than 15 kilometres of cumulative strike, presenting numerous targets for
drilling and further exploration.


Local miners have been mining high-grade ore in the region for over 200 years,
and Santo Domingo has long been recognized as the heart of Nicaragua's mining
activities. While Santo Domingo has a rich history in mining, the property has,
until now, never been drill tested. This first phase of drilling will be
reconnaissance in nature, designed to test, at depth, several of the numerous
gold-bearing zones identified at surface throughout the 650-hectare property and
will initially be directed toward the El Tigre, Amparo, Las Nubes, Los Tubos and
Oropendula mining zones.


To see a surface map of Santo Domingo, please click here:
http://corazongold.com/upload/satmap.jpg)


About Corazon

Corazon is a Canadian-based mineral exploration company with its focus on the
exploration of the 650-hectare Santo Domingo property in central Nicaragua. The
Santo Domingo property is located 125 kilometres northeast of the capital city
of Managua, Nicaragua, and 10 kilometres east of B2Gold Corp.'s La Libertad
Mine. Corazon's property is entirely surrounded by B2Gold's concession block and
has long been recognized as the original gold discovery in Nicaragua. The Santo
Domingo - La Libertad area is a mining friendly jurisdiction with B2Gold
operating the largest mine (open pit) in the country at La Libertad. Until
Corazon, no modern exploration work has been done on the Santo Domingo property.


ON BEHALF OF THE BOARD

Corazon Gold CORP.

Patrick Brauckmann, President

Disclaimer for Forward-Looking Statements

Statements in this news release that are not historical facts are
forward-looking statements that are subject to risks and uncertainties. Words
such as "expects", "intends", "plans", "may", "could", "should", "anticipates",
"likely", "believes" and words of similar import also identify forward-looking
statements. Forward-looking statements in this news release include statements
that: (i) an ongoing trenching and sampling program is expected to further
delineate drill targets for an initial drilling program on the Santo Domingo
property; (ii) that numerous high quality drill targets have been defined by the
mapping and sampling program and it is the Company's intent to prioritize and
test these targets in early 2011; and (iii) that the Company believes its
relationship with the community of Santo Domingo will be mutually beneficial
going forward. Actual results may differ materially from those currently
anticipated due to a number of factors beyond the Company's control. These risks
and uncertainties include, among other things: (i) an inability by the Company
to undertake or complete its initial drilling program; (ii) any adverse
occurrences that prevent the Company from prioritizing and testing high quality
drill targets in early 2011; (iii) a breakdown in the relationship between the
Company and the community of Santo Domingo; (iv) a downturn in economic
conditions in Nicaragua or internationally; (v) the inherent uncertainties and
speculative nature associated with mineral exploration; (vi) any number of
events or causes which may delay exploration and development of the Santo
Domingo property, such as environmental liabilities, weather, mechanical
failures, safety concerns and labour problems; (vii) an inability by the Company
to finance operations and growth; and (viii) other factors beyond the Company's
control. These forward-looking statements are made as of the date of this news
release and, except as required by applicable laws, the Company assumes no
obligation to update these forward-looking statements, or to update the reasons
why actual results differed from those projected in the forward-looking
statements.

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