Vancouver, Canada – May 31, 2011

Greg Myers, CEO and President of Caza Gold Corp.
(CZY: TSX-V and FSE: CZ6), is pleased to announce that the Phase 1 drill program is now
underway at the Balleza gold project on the Moris property in Chihuahua, Mexico.

Approximately 4,000 meters of core drilling will be completed to test the core of the 1200
meter long, up to 400 meter wide, bulk tonnage Balleza gold target. The target is a silicified and
potassically altered zone along the contact of the host andesite tuffs and a large dacite dike related
to a 7 km long regional mineralized structure.

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