Caza Gold Completes 2015 Exploration Drilling at Pedregal and Acquires 100% Interest in the Los Andes Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 13, 2015) - Brian Arkell, CEO and President of Caza Gold Corp. (the "Company" or "Caza") (TSX VENTURE:CZY)(FRANKFURT:CZ6) is pleased to provide an update on corporate activities, including exploration at Pedregal and completion of the Purchase Agreement with INECOSA for Nicaraguan mineral concessions.

Pedregal Project

A small scout drilling program has recently been completed on the Pedregal project located in the Los Andes district near Boaco, Nicaragua. At Pedregal, a series of andesitic volcanic rocks exhibit features typical of high sulfidation system, including silicification, argillic and advanced argillic alteration. Surface mapping and sampling have outlined a large area along a 2.5 km trend with anomalous gold, silver, copper and trace elements, coincident with the alteration. Gold values up to 1.8 g/t Au along with silver values up to 197 g/t Ag have been collected in rock samples within this area of alteration.

Caza had previously drilled six holes spaced widely across the anomalous area. The best results from the drilling were 9.3 meters averaging 92 g/t Ag (PED-006) and 35.9 meters averaging 10 g/t Ag (PED-001). During 2015, the Company completed further scout drilling stepping out 100 to 500 meters to the west of the former intercepts. Five shallow diamond drill holes were completed for a total of 1161 meters. The drill holes intersected strong argillic and silica alteration with anomalous values of silver and copper. The geochemistry and alteration suggest the area is outboard of the main hydrothermal system and future drilling should target areas to the east.

Sampling, Analytical Methods, and QA/QC

Caza has a quality control and quality assurance program in place for all projects based on industry best-practice standards and guidelines. Surface samples are collected following established procedures and protocol under the supervision of Company geologists. Samples are bagged and labeled in the field, then transported to a secure storage area. Coarse, blind, blanks and blind commercial standard gold reference materials for analysis control are inserted in the sample stream. Samples in sealed bags are transported to the primary laboratory by Company or Inspectorate personnel. All samples were prepared at the Inspectorate prep facility in Managua, Nicaragua and analyzed at applicable Reno, Nevada or Vancouver, British Colombia analytical labs. Analyses are done following industry best-practice standards and guidelines and include multi-acid digestion followed by fire assay, gravimetric, AA, or ICP methods. Assay results along with blanks and standard reference material results are reviewed by Company personnel and found to be within acceptable ranges. Data is then imported directly into a secure database by a Company database specialist.