Vancouver, Canada - November 30, 2010 – Greg Myers, CEO and President of Caza Gold Corp. (TSX-V:CZY), is pleased to announce a key new appointment to Caza’s senior management team. Eddy Canova, B.Sc., P. Geo has been appointed as the new Vice President, Exploration, effective December 1, 2010.
Mr. Canova brings 31 years of experience in mineral exploration to Caza. Eddy has worked as a geologist in North and South America with a focus on prospect generation, evaluation, acquisition and exploration for precious and base metals. Eddy has experience with project exploration through feasibility studies to mine production with strong technical and computer skills applied to property evaluations.
Eddy 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. During the 1990's he gained valuable experience as the Chief Geologist for Gold Reserve de Venezuela and mine exploration experience for Bolivar mines in Venezuela as Exploration Manager and Chief Mine Geologist. From 2000 until 2006 Mr. Canova consulted for several companies including Alexandria Minerals, becoming their Vice President of Exploration in 2006. He left Alexandria earlier this year to pursue various project management opportunities. Eddy speaks fluent Spanish and has considerable work experience in Latin America.
The addition of Mr. Canova to the Caza team will add greatly to the advancement of our gold properties in
Caza also announces the granting of stock options totaling 387,900 to management, directors, and key personnel. The 200,000 of the stock options will be granted to the new VP Exploration and have an exercise price of $0.35 per common share for a period of 5 years and are subject to the company's vesting policies. The remaining 187,900 options are granted to management and directors at an exercise price of $0.42 per common share.
Caza Gold Corp. is a gold exploration company whose 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.
/s/ Greg Myers
CEO and President
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