CZR RESOURCES LTD — Capital/Financing Update 2009

Mar 8, 2009

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9 MARCH, 2009

AUSTRALIAN STOCK EXCHANGE RELEASE

AGAM IRON SAND PROJECT

Project Update

COZIRON (CZR) with mining licence in place is moving into Iron Sand Concentrate production in Agam, West Sumatra, Indonesia

Project Location

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Red arrow marking the project location The red square is the area of focus

This Agam Iron sands Project has 2 tenements with a total area of 3,960 hectares. Initially we will focus on starting to mine in 190 hectares in the northern tenement; we will start with a pilot plant to produce 10,000 tons of concentrate per month, followed immediately with production expansion to 30,000 tons per month.

Site preparation is due to start immediately; processing equipment is ready to be shipped to Agam; mining machinery is being mobilised to the mine area, ready for action.

“Coziron Resources a Mining Company”

Sai Kwok Miu

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Executive Director Coziron Resources Ltd

For further information please contact:

Sai Kwok Miu Executive Director Coziron Resources Limited Telephone: 0411 888 782 , Office: (08) 9227 7766