Vancouver, Canada – October 4, 2011 – Greg Myers, CEO and President of Caza Gold Corp. (CZY: TSX-V and FSE: CZ6), is pleased to announce that initial drill holes from the Balleza gold project on the Moris property in Chihuahua, Mexico have intersected a broad zone of alteration and gold mineralization.
Caza Gold completed 12 holes totaling 3,519 meters (m) of core drilling at Balleza in August and September, 2011. All 12 drill holes intersected wide zones of strong alteration, silicification and stock-work quartz veining similar to surface outcrops and a previous drill hole completed by Hochschild in 2006, which intersected 62 meters grading 0.52 grams per tonne (gpt) gold.
Encouraging assay results have been received from the first 4 holes and the results for the remaining 8 holes are expected by mid to late October. Drilling highlights include 0.54 grams per tonne (gpt) gold over 83.1 meters in hole 2011-04 as follows: