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Caza Gold Appoints New President and CEO, and Vice President Exploration

Vancouver, Canada - January 18, 2010 – Bradford Cooke, Chairman of Caza Gold Corp., is pleased to announce two key new appointments to Caza’s senior management team. Dr. Greg Myers, Ph.D. has been appointed the new President and CEO of Caza Gold, effective January 18, 2010 and Jim Robinson, B.Sc. has been appointed the new Vice President, Exploration, effective February 1, 2010.

Dr. Greg Myers, Ph.D. Geology brings to Caza Gold a wealth of experience in the mining business, ranging from regional prospecting to project exploration to mine-site operations. He has been responsible for exploration programs that resulted in new mineral discoveries and mine reserve expansions, and mine feasibility studies that resulted in the construction of new gold mines.

Greg began his career as a research geologist with the University of Alaska, the Alaska Division of Geological Surveys, and Washington State University. He moved into mineral exploration management with Battle Mountain Gold and Westmont Mining, spent 7 years as Exploration Manager in Mexico for Phelps Dodge, 2 years as President and CEO of two TSX Venture companies, and 4 years as Project Manager for BHP Billiton at their huge Tintaya mine in Peru, completing a significant reserve/resource expansion.

Since 2003, Greg has focused on geological consulting with mining companies large and small. Dr. Myers was instrumental in the acquisition of the Macocozac Mine in Mexico for Zacoro Metals and a major increase in the resource, which was later acquired by Aura Minerals (Aranzazu Mine). Most recently Dr. Myers served as Vice President of Business Development for Pacific North West Capital and was responsible for the acquisition of the Nixon Fork Mine. Greg was directly involved in the discovery of two gold mines (Mt. Hamilton, NV and Nixon Fork, AK) and as a result of his many years in Latin America, he speaks fluent Spanish.

Mr. Jim Robinson, B.Sc. Geology brings to Caza 34 years of experience in mineral exploration, the last 15 years as Vice President, Exploration for Northair Mines Ltd. in Mexico. Jim has worked as a geologist in underground and open pit gold mines, but his strengths have been in prospect generation, evaluation, acquisition and exploration for precious metals.

Jim initially worked from the mid 1970’s to the late 1980’s as a project geologist for various geological consulting and small-cap mining companies. For six years, he was employed as senior geologist and subsequently District Manager for Bond International/Lac Minerals before moving over to Northair. Thanks to his many years in Mexico, Jim also speaks fluent Spanish and has extensive knowledge of mineral prospects throughout Mexico.

With the addition of these two seasoned mine exploration professionals, Caza is now ready to make the transition from acquiring attractive early stage gold properties in Mexico to exploring and developing those properties and acquiring more advanced gold mining projects. Caza also plans to seek an exchange listing through an initial public offering as soon as possible this year in order to further advance its projects.

Bradford Cooke, Chairman of Caza Gold commented, “On behalf of the Board of Directors, I would like to welcome Greg and Jim to the Company. With these two new appointments, Caza Gold has taken an important step towards becoming a more integrated and successful gold exploration company. We can now focus on creating substantial growth for our shareholders in 2010.”

Caza Gold Corp. is an unlisted gold exploration company which was spun out of Canarc Resource Corp. to Canarc shareholders in order to facilitate the financing, acquisition and exploration of strategic gold properties in Mexico. Our goal is to create shareholder value by discovering gold deposits that have the potential to become large tonnage or high grade, profitable gold mines.

CAZA GOLD CORP.
Per:

/s/ Bradford J. Cooke

Bradford J. Cooke
Chairman

For more information, please contact Gregg Wilson at Toll Free: 1-877-684-9700, tel: (604) 685-9750, fax: (604) 685-9744, email: gregg@cazagold.com or visit our website, www.cazagold.com

CAUTIONARY DISCLAIMER – FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are "forward-looking statements". We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties, as discussed in the Company's filings with Canadian and United States securities agencies. The Company expressly disclaims any obligation to update any forward-looking statements other than as required by applicable law. We seek safe harbour.