under which Garuda has the option to acquire a 65% interest in the
contract mining of a small open pit property with an exposed vein system in a
property in Prestia, Ghana (the "Prestia Property")., a Qualified Person under the meaning of Canadian
National Instrument 43-101, is responsible for the technical content of this
news release.

About Consolidated Spire Ventures Ltd.
At present, the Company is focusing on two projects, the Prospect Valley
Gold Property near Meritt, British Columbia, Canada and the Tetasiari Joint
Venture in Sinaloa, Mexico.

vein prospectors

Garuda Minerals Inc.
----------------- ---------

Garuda Capital Corp.

prospecting veins

, has entered into a binding letter of intent with Newhaven Resources
Ltd. The
geological team will be under the direction of Dr.

gold prospecting

The
company considers the acquisition of these licenses an extremely important
step in the development of the company following the board's decision to seek
separate listings for its industrial subsidiaries. This prospect lies
primarily within altered and deformed Jurassic andesites and dacites. The San
Lazaro 2, (6,073 hectares) claim shows numerous previous bedrock workings,
which were concentrated on quartz veins but also exposed gold - silver
mineralized schists.Geo.

vein viable

Dr. The new claims are to the east
of the main Tetasiari Property located 12km south of Pan American's Alamo
Dorado deposit.

miners eroded

These statements involve risk and
uncertainties that could cause actual results to differ materially and
include , but are not limited to, those detailed in Garuda's filings with the
U. 2005 -07 TSX -V SYMBOL: CZS

VANCOUVER, March 7 - Consolidated Spire Ventures
Ltd.

extractions viable

(OTC BB:
GRUA) today announced that it has entered into agreements to participate in
two natural resource projects in Ghana through wholly owned subsidiaries.,
has entered into a binding letter of intent with Newhaven Resources Ltd . under
which Garuda has the option to acquire a 65% interest in a recognisance
license on the "Ho Chrome Property" in the Volta region of Ghana for the
expenditure of $500,000 in exploration of which $300,000 must be spent within
the first twelve months of the term of the agreement. Within the concession area
occurrences of chromites have been associated with the pyroxenite intrusions .

vein mining

Garuda Capital Corp. announces acquisition of two mining prospects

The exploration and development team on both the Prestia Property and the
Ho Chrome Property consists of several experienced Canadian miners and mining
engineers who will be in day-to-day charge of operations in Ghana.S.
The Tetasiari Joint Venture represents a new gold discovery with bulk
tonnage potential.
David Bending, P.

prospecting viable

, Investor Relations
Robin Relph
Phone 604-737-0203

Forward -looking (safe harbour) statement:
Statements in this press release that relate to future results ,
strategies and events are based on the company's current expectations.20, 2005 news
release) to a total of over 1,900 hectares. High stream sediment values have also been located in this area in a
recent sampling program."
Spire has the option to earn an initial 50% interest in the property for
US$1,000,000 of exploration expenditures and 1,000,000 shares of CZS, over the
course of four years.

dredging metallic

Jan.

deposits extractions

VANCOUVER, May 24 - Garuda Capital Corp. Previous work in
the area has been a systematic geological mapping and prospecting by the Ghana
government's geological survey department.

Spire / MacMillan J V files for additional claims on Mexico Gold + Silver Properties

("MacMillan") (TSX - V: MMG), are
pleased to announce that they have added to the claims, increasing the size of
the Tetasiari Joint Venture in Sinaloa Mexico.

Prospecting is the act of searching for valuable metals in either bearing veins, or placer gravels, which have been eroded from the original vein in which they were formed.

placer prospector

Dr. For further information please visit,
http://www.com

FOR INFORMATION CONTACT THE COMPANY AT (604) 662-7455 OR VISIT OUR
WEBSITE AT: http://www.

gravels miners

Of these prospects , Agbeau-Afubu received some attention with the Ghana
government's geological survey department reporting a chrome oxide occurrence
of about 30%. Garuda Minerals will undertake its own geochemistry, geophysics
and a substantial trenching program to further define the geology and pinpoint
drill targets.

Garuda intends to acquire
the rights to any surrounding potential hard rock claims it discovers while it
participates in gold production and carries out detailed recognizance of the
area. Initial attention to the Tetasiari area was prompted by the
large Alamo Dorado discovery to the north and reports of locals panning gold
in nearby drainages.

deposits metallic

Johnson Manu. All
statements other than statements of historical fact are statements that could
be deemed to be forward-looking statements .

dredging eroded

About Garuda Capital Corp.

amounts prospector

, a wholly owned subsidiary of Garuda Capital Corp . We will continue to report
more results as they are received and reviewed.

miners fundamentals

, where he serves as a director.
Not all Claims filed are always awarded. The Yecorato 2, (8,000 hectares) which covers a
significant alluvial district and its bedrock sources.
"We are very pleased with the initial results we have received from our
Mexican prospects," said Brian Buchanan. The agreement allows Spire to earn 60% for additional
cash and shares.

detecting fundamentals

The Prestia Property lies in the Western Province of Ghana within the
Axim-Konogo gold belt which hosts the Obussi mine of Anglogold Ashanti. Securities and Exchange Commission. "We continue to press on with
prospecting, exploration and target acquisitions .

If sufficient amounts are found via prospecting, then mining can begin to extract them.

dredging gold

Of the new claims, the three largest, filed March 2005, are the
Guamuchil, (400 hectares) which shows an altered contact between Jurassic
volcanic and metasedimentary rocks in a similar setting to our other prospects
nearby.com

ON BEHALF OF THE BOARD
"Brian Buchanan"
President and Director

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

deposits detecting

spireventures.

prospectors miners

Rocks of the Togo and Dahomeyan series cut by intrusives underlie the
regional area of the concession on the Ho Chrome Property. Garuda
has the option of making a work commitment of $300,000 over the next twelve
months to earn its interest . Manu is a
Ghanaian geologist and author of widely referenced publications on the
Birimian gold belt. Manu was primarily responsible for acquiring these two projects
on the Prestia Property and the Ho Chrome Property now under option from
Newhaven Resources Inc. ("Spire") and MacMillan Gold Corp. With the additional claims filed,
the total area under the joint venture now covers more than 16,700 hectares.spireventures.

metallic minin

Manu is a senior lecturer in geology at the University
of Ghana.

sufficient prospecting

Garuda assumes no obligation to
update the information in this press release.

panning eroded

The Ho Chrome Property
consists of an exploration license in the form of an EPA certificate from the
Environment Protection Agency of Ghana on an area of approximately 200 km(2)
located near the town of Ho.
Garuda Gold Corporation , a wholly owned subsidiary of Garuda Capital
Corp. is a Vancouver-based management company with the
objective to develop businesses by providing missing key ingredients such as
management expertise , strategic planning, fund raising capabilities, and an
extensive network of international contacts .

For more information please contact:
Garuda Capital Corp. No. The
joint venture area was increased in January 2005 (see.

prospecting placer

Dr.
The original Tetasiari Gold Property claims totaled 743 hectares.