my guess is that you could get the card to work, but...
* might have to resample, e.g. only sample at half rate - 48kHz not 96 (perhaps combine samples) to reduce date rate by half
* might have to reduce sample from 24 bit to 16 bit at time of sampling to reduce data rate to 66%
* might have to busy loop rather than use I/O unless you can use DMA
* might have to sample and keep samples only in RAM, although I would guess the SD card bandwidth *might* be fast enough
--
back of the envelope calculations:
96kHz (rate) * 3 (bytes per sample) * 2 (channels) = 576 kB/s, which is within spec of the SD slot - people are able to play video off it after all... halving the sample rate and reducing the sample size would reduce to 192kB/s which should be easy if the Z does nothing else.