CZY

Greg Myers, CEO and President of Caza Gold Corp. (the "Company") (TSX
VENTURE:CZY)(OTCQX:CZGDF)(FRANKFURT:CZ6), is pleased to announce that the
Company has initiated the 2014 exploration program at the Los Andes and Pochote
properties in Nicaragua. The Company is planning a large airborne geophysical
survey and a drilling program which will test 2 of the highest priority gold
targets.


Plans are underway to complete a geophysical survey along a 12 kilometer long
trend of continuous alteration within the Los Andes and Pochote claims, followed
by a drilling program to test two gold targets not previously drill tested
during the 2012 Pedregal program. The upcoming drilling will test the Quisaltepe
and San Francisco gold zones. Access agreements have been obtained for the San
Francisco area and drill access road construction is underway. Negotiations for
access in the Quisaltepe area are being finalized. The drilling program is
expected to begin, pending contractor scheduling, by April and is planned to
complete approximately 10 to 15 holes each 200 to 250 meters deep. A dedicated
budget of approximately CDN$1.3 million has been set aside from the proceeds of
the December 2013 CDN$2.5 million financing to execute the exploration program.


The Company has contracted Aeroquest Airborne to complete the helicopter based
geophysical survey which will cover approximately 36 square kilometers over the
Pedregal, Quisaltepe and San Francisco gold targets acquiring versatile time
domain electromagnetic (VTEM) and magnetic data along approximately 530 line
kilometers at 100 meter line spacing. The survey is scheduled to begin in March
pending the importation of the survey equipment and final scheduling of
personnel and equipment. Geophysical survey results in conjunction with
geochemical results, structural and alteration mapping will further define the
drilling locations.


The VTEM and magnetic data are targeting the conductive massive sulfide horizons
and the resistive silicified zones associated with large faults and possible
areas of gold mineralization. The magnetic portion of the survey will provide
additional information identifying the fault zones and deeper porphyry style
mineralization and intrusive bodies. The survey will cover the Pedregal area,
drilled in 2012, which intersected thick horizons of sulfide mineralization and
strongly silicified zones with elevated but sub- economic gold concentrations
(refer to Nov. 29, 2012 news release for details) and along the 10 kilometer
trend to the San Francisco target at the south end of the zone.


Caza Gold Corp. is a gold and copper exploration company focused on discovering
new deposits in Nicaragua. The Company controls the highly prospective but
under-explored claims in the high sulfidation gold trend of Nicaragua and a
copper-gold-iron porphyry system to the north of the El Limon mine. Caza Gold
Corp is dedicated to discovering gold, defining deposits, and developing value.


CAZA GOLD CORP. 

Greg Myers, PhD, P. Geo, President and CEO

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."


CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS

This news release includes certain statements and information that may contain
forward-looking information within the meaning of applicable Canadian securities
laws or forward-looking statements within the meaning of the United States
Private Securities Litigation Reform Act of 1995. All statements in this news
release, other than statements of historical facts, including statements
regarding future estimates, plans, objectives, assumptions or expectations of
future performance, the likelihood of commercial mining and financing
requirements and the ability to fund future exploration and development are
forward-looking statements and contain forward-looking information. Generally,
forward-looking information can be identified by the use of forward-looking
terminology such as "intends" or "anticipates", or variations of such words and
phrases or statements that certain actions, events or results "may", "could",
"should", "would" or "occur". Forward-looking statements are based on the
opinions and estimates of management as of the date such statements are made and
they are subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or
implied by such forward-looking statements or forward-looking information.
Although management of the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. The Company does not
undertake to update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except in accordance with
applicable securities laws. We seek safe harbour.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Caza Gold Corp.
Greg Myers or Gregg Wilson
Toll Free: 1-877-684-9700
tel: (604) 685-9750
(604) 685-9744 (FAX)
gmyers@cazagold.com
www.cazagold.com

Caza Gold Corp. (TSXV:CZY)
Historical Stock Chart
Von Jun 2024 bis Jul 2024

Caza Gold Corp. (TSXV:CZY)
Historical Stock Chart
Von Jul 2023 bis Jul 2024