Consolidated Spire Ventures Ltd.: Diamond Drill Program Begins at Prospect Valley Property

Consolidated Spire Ventures Ltd. ("Spire") (TSX VENTURE:CZS) is pleased to
announce that the Project Operator has begun the diamond drill program on the
South Discovery Zone of the Prospect Valley Gold Property in Merritt, BC. 


The 2010 Phase I drill program will consist of approximately 1,500m in 12 - 14
holes designed to test the continuity of gold mineralization intersected in the
South Discovery Zone in 2006 and 2007. Those programs included drill intercepts
such as 50.6m of 1.36g/t gold in DDH 2006-21, 66.8m of 0.90g/t gold in DDH
2007-02 and 96.5m of 0.74g/t gold in DDH 2007-05. The diamond drill program will
include fill-in holes, at a spacing of approximately 50m, drilled along a strike
length of 500m where soil geochemistry and Induced Polarization (IP)
chargeability anomalies appear to correlate well with gold mineralization in
bedrock. 


A new area in the South Discovery Zone will be tested, following up on results
of the November and December 2009 infill soil grid. The recent soil sampling
over this zone returned assays of up to 1.2g/t gold. The area has a strong
geochemical/geophysical anomaly that is separate from, but parallel to, the main
trend. A map showing the proposed South Discovery Zone drill targets can be
found on the Company website at
http://www.spireventures.com/docs/uploads/File/maps/Phase1ProposedDrilling.pdf. 


Recent warm weather is providing an excellent source of water from melting snow
and all drill sites are road accessible. The drilling has been contracted to SCS
Diamond Drilling of Kamloops, BC.


The South Discovery Zone is part of a geochemical and geophysical anomaly
extending nearly 2km in total strike length and up to 400m wide. Should the new
drill program indicate sufficient continuity of grade, the results will be used
to estimate an initial NI 43-101 compliant resource for the South Discovery
Zone.


Brian Buchanan, president of Spire stated "We are very pleased that the
anticipated Phase 1 diamond drill program has commenced, and that it's starting
several months ahead of schedule. This is the most important project in regards
to CZS's growth, and the fact that we are 100% carried on this prospect is the
key. In order to earn its interest, our partner must spend $6 million on the
Prospect Valley Gold Project, which provides CZS tremendous upside potential
without having to spend on exploration. Management is very optimistic about what
the exploration and drilling programs will provide."


The Prospect Valley Gold Project contains several bulk tonnage gold targets and
is only 30km south of the world class Highland Valley Copper Mine. In this
complex geological environment, the property has the potential to host a
significant gold mineralizing system and is viewed as a low grade, bulk mineable
epithermal gold target. Altair Ventures Inc. is the Project Operator.


Investors are invited to visit the Consolidated Spire Ventures Ltd. Website at
www.spireventures.com or the Investor Hub at
www.agoracom.com/ir/Consolidatedspire where they can post questions and receive
answers. Alternatively, investors are able to e-mail all questions and
correspondence to [e-mail] where they can also request addition to the
investor e-mail list to receive all future press releases and updates in real
time.


If you are not currently on the CZS updates list, please send in your email
address to [e-mail] or call 604-662-7455 with the best method to
keep you informed. We will send out regular updates and news releases to
everyone who asks to be on the list.


ON BEHALF OF THE BOARD,

Brian Buchanan, President and Director

This Company Press Release contains certain "forward-looking" statements and
information relating to the Company that are based on the beliefs of the
Company's management as well as assumptions made by and information currently
available to the Company's management. Such statements reflect the current
risks, uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic conditions, customer
relations, relationships with vendors and strategic partners, the interest rate
environment, governmental regulation and supervision, seasonality, technological
change, changes in industry practices, and one-time events. Should any one or
more of these risks or uncertainties materialize, or should any underlying
assumptions prove incorrect, actual results may vary materially from those
described herein.