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March 28, 2007
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www.creamminerals.com / www.langmining.com
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OTC Bulletin Board: CRMXF
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U.S. 20-F Registration: 000-29870
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TSX Venture Exchange: CMA
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Frankfurt Stock Exchange: DFL
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(www.finanztreff.de)
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CREAM MINERALS
CONTINUES Diamond EXPLORATION
ON SEWA
RIVER LICENCE, SIERRA LEONE
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Cream Minerals Ltd. (TSX-V CMA) (Cream) is pleased to announce that field crews and equipment are being
mobilized for the start of a bulk-sampling program for diamonds on the Sewa
River Exploration Licence in Sierra Leone.
The Sewa River drains the area of the world-class Diamond fields of
the Kono-Koidu district and has had a long history of high quality alluvial
Diamond production from the active channels of the river and its adjacent
terraces.
Sierra Leone
has been at peace and going through reconstruction for several years since
the civil disorders of the late 1990s.
British and European support has been committed to rebuilding the
national infrastructure and the country is moving forward again. During the two years prior to the
development of the Kimberley Process, the Sierra Leone Government was working
actively with the United Nations to develop a system of identifying the
provenance of diamonds mined in the country.
The full Kimberley Process is now in place and operating in Sierra
Leone. Legal production reported by
the government has increased both in terms of carats and average price per
carat as a result of this measure.
Casierra
Diamond Corp., in charge of operations in Sierra Leone, plans to apply for a
mining licence on a section of the Sewa River so that all diamonds recovered
in this work may be given a certificate of origin and the Company will be able
to comply with the full Kimberley Process of identifying the provenance of
rough stones and pay appropriate royalties. This would permit the Company to
export the rough diamonds from Sierra Leone and define value by actual sales. A report amended January 18th 2006 by C. Ikona, PEng., with title, Technical Report on Alluvial
Diamond Properties EPL 1/94 and EPL 5/94, Sierra Leone for Cream Minerals,
which is compliant with the requirements of National Instrument 43-101,
describes the licence in some detail.
This report is posted on the Companys web site described below.
The contents
of this news release have been prepared by Mr. Benjamin Ainsworth, P.Eng.,
BC, President of Casierra Diamond Corp. in his capacity as Creams Qualified
Person for the Sierra Leone projects.
For more
information about Cream and its mineral property interests, please see our
website at www.creamminerals.com.
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Frank A. Lang, BA, MA,
P.Eng.
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President & CEO
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For
further information please contact:
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Investor Relations
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Tel: (604) 687-4622 Fax: (604) 687-4212
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Toll
Free: 1-888-267-1400 Email:
info@creamminerals.com
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No regulatory authority has
approved or disapproved the information contained in this news release.
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Agave Silver is a gold and silver producing company based in Canada. Agave Silver produces gold, silver, lead and zinc in Canada, develops gold and silver in Mexico, and holds various exploration projects in Canada. Its main asset in production is KASLO SILVER in Canada, its main asset in development is NUEVO MILENIO in Mexico and its main exploration properties are GOLDSMITH and WINE NICKEL-COPPER in Canada and CASIERRA in Sierra Leone. |