Agave Silver Corp.

Published : July 19th, 2007

Intersects 1.30% Nickel and 2.27% Copper Over 66.8% Ft On Wine Property, MB

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Keywords :   Copper | Diamond | Gold | Nickel | Palladium | Platinum | Storage |

July 19, 2007

www.creamminerals.com / www.langmining.com

 

OTC Bulletin Board:? CRMXF

 

U.S. 20-F Registration:? 000-29870

 

TSX Venture Exchange:? CMA

 

Frankfurt Stock Exchange:? DFL

 

(www.finanztreff.de)

 

 

CREAM MINERALS INTERSECTS 1.30% NICKEL and 2.27% COPPER OVER 66.8 FEET ON WINE PROPERTY, MANITOBA

 

Cream Minerals Ltd. (TSX-V ?CMA?) (?Cream?) is pleased to report that its first test hole, RAD 07 ? 01, on its Wine ? Radar Lake property, 60 km southeast of Flin Flon, Manitoba, assayed 1.30% Nickel, 2.27% Copper, 0.319 g/t Gold, 0.132% Platinum and 0.270 g/t palladium over 66.8 feet core length at a dip of???? ?49 degrees (true width is estimated to be 43.6 feet).??

The hole was drilled to test and confirm an earlier hole DDH EEL ? 346, drilled in 1987 by Hudson Bay Exploration and Development Co. Ltd., which assayed 0.85% Nickel and 1.42% Copper over 54.0 feet at a dip of ?45 degrees (Refer to Cream News Release dated February 6, 2006).? Assays over the mineralized section of the RAD 07-01 drill hole are tabled below:?

Assay Results for RAD 07-01:

Sample

#

From

(Ft)

To

(Ft)

Width

(Ft)

Au

(ppb)

Cu

(%)

Ni

(%)

Pt

(ppb)

Pd

(ppb)

860603

182.6

184.8

2.2

80

0.41

0.42

0

65

860604

184.8

186.4

1.6

80

0.13

0.08

30

70

860605

186.4

189.4

3.0

110

0.40

1.01

45

250

860606

189.4

192.2

2.8

50

0.65

1.25

25

55

860607

192.2

193.9

1.7

890

2.89

0.00

40

55

860608

193.9

195.0

1.1

1750

18.10

0.52

60

150

860609

195.0

198.3

3.3

390

0.62

1.62

130

180

860610

198.3

200.9

2.6

150

2.68

1.92

35

330

860611

200.9

203.7

2.8

30

0.33

2.48

45

530

860612

203.7

207.0

3.3

280

3.48

1.73

350

510

860613

207.0

209.0

2.0

70

0.72

2.67

510

250

860614

209.0

212.6

3.6

390

7.76

1.44

270

570

860615

212.6

213.9

1.3

70

0.18

0.13

20

40

860616

213.9

215.6

1.7

1170

3.02

0.35

340

230

860617

215.6

217.3

1.7

40

0.16

0.03

20

10

860618

217.3

220.5

3.2

150

1.99

1.46

60

320

860619

220.5

224.7

4.2

30

0.05

0.11

15

10

860620

224.7

227.0

2.3

240

5.60

1.25

210

150

860621

227.0

230.1

3.1

560

3.77

1.46

45

180

860622

230.1

233.7

3.6

65

1.39

1.36

110

120

860623

233.7

237.0

3.3

1610

1.33

2.07

260

250

860624

237.0

240.1

3.1

110

1.27

2.28

270

400

860625

240.1

242.9

2.8

230

3.25

2.24

330

710

860626

242.9

246.2

3.3

55

0.20

0.15

15

35

860627

246.2

249.4

3.2

340

3.72

2.04

20

760

TOTAL

182.6

249.4

66.8

319

2.27

1.30

132

270

 

RAD 07 ? 01 Drill Logs:

From

(Ft)

To

(Ft)

Lithological

Description

Sample

#

From

(Ft)

To

(Ft)

Width

(Ft)

164.50

265.00

RHYOLITE

 

 

 

 

 

 

Light gray, fine-grained, weakly foliated.? Mineralized 182.6? to 249.4? disseminated to near solid sulphide pyrrhotite and chalcopyrite? (184.8 ? 186.4 ? gabbro)

 

 

 

 

 

 

 

 

 

1% chalcopyrite, 90% pyrite

860602

172.5

173.3

0.8

 

 

 

 

 

 

 

 

 

1% chalcopyrite, 10% pyrrhotite

860603

182.6

184.8

2.2

 

 

2% chalcopyrite??????????????????????????

860604

184.8

186.4

1.6

 

 

2% chalcopyrite, 20% pyrrhotite

860605

186.4

189.4

3.0

 

 

2% chalcopyrite, 10% pyrrhotite

860606

189.4

192.2

2.8

 

 

8% chalcopyrite, 10% pyrrhotite

860607

192.2

193.9

1.7

 

 

60% chalcopyrite, 5% pyrrhotite

860608

193.9

195.0

1.1

 

 

1% chalcopyrite, 25% pyrrhotite

860609

195.0

198.3

3.3

 

 

6% chalcopyrite, 50% pyrrhotite

860610

198.3

200.9

2.6

 

 

1% chalcopyrite, 80% pyrrhotite

860611

200.9

203.7

2.8

 

 

8% chalcopyrite, 25% pyrrhotite

860612

203.7

207.0

3.3

 

 

5% chalcopyrite, 75% pyrrhotite

860613

207.0

209.0

2.0

 

 

25% chalcopyrite, 25% pyrrhotite

860614

209.0

212.6

3.6

 

 

1% chalcopyrite, 1% pyrrhotite

860615

212.6

213.9

1.3

 

 

6% chalcopyrite, 4% pyrrhotite

860616

213.9

215.6

1.7

 

 

tr chalcopyrite, tr pyrrhotite

860617

215.6

217.3

1.7

 

 

5% chalcopyrite, 15% pyrrhotite

860618

217.3

220.5

3.2

 

 

tr chalcopyrite, tr pyrrhotite

860619

220.5

224.7

4.2

 

 

6% chalcopyrite, 6% pyrrhotite

860620

224.7

227.0

2.3

 

 

6% chalcopyrite, 6% pyrrhotite

860621

227.0

230.1

3.1

 

 

5% chalcopyrite, 15% pyrrhotite

860622

230.1

233.7

3.6

 

 

5% chalcopyrite, 20% pyrrhotite

860623

233.7

237.0

3.3

 

 

10% chalcopyrite, 60% pyrrhotite

860624

237.0

240.1

3.1

 

 

10% chalcopyrite, 80% pyrrhotite

860625

240.1

242.9

2.8

 

 

1% chalcopyrite, 5% pyrrhotite

860626

242.9

246.2

3.3

 

 

10% chalcopyrite, 40% pyrrhotite

860627

246.2

249.4

3.2

 

 

 

 

 

 

66.8

 

In a report received from Mr. Anthony J. Spooner, P.Eng., of A. J. Spooner Exploration Services Inc., Flin Flon, MB, Qualified Person for NI 43-101, who is managing the drilling program on the Wine Property, Mr. Spooner stated:? ?This is certainly worth chasing some more.? I hope borehole geophysics will show us the way?.??

A second drill hole, RAD 07 ? 02 was collared at approximately 230 feet southeast of RAD 07 ? 01.? It was drilled at ?60 degrees to a depth of 837 feet with the hope of intersecting mineralization should the zone plunge vertically to that point.? The favourable horizon was not intersected in this hole; however, the main purpose of the hole was to locate the downward plunge of the upper zone and the hole will now be used for a down the hole Pulse EM Survey as soon as possible in order to locate the mineralized body.?

During the drill program, standard sampling procedures were used whereby the core was cut with a circular Diamond saw and half of the core was sent by trucking company directly to TSL Laboratories Ltd. in Saskatoon, Saskatchewan.? The remaining half of the core was stored in a core storage facility in Snow Lake, Manitoba.? All sample preparation was done at the laboratory by TSL staff, who assayed the samples using a multi-acid digestion and Atomic Absorption assay procedures.


 

For more information, including about Cream and its mineral property interests, please visit Cream?s website ? www.creamminerals.com.

Frank A. Lang, P. Eng.

President & CEO

 

For further information please contact:

Investor Relations

Tel:? (604) 687-4622?? Fax: (604) 687-4212

Toll Free:? 1-888-267-1400?? Email:? info@creamminerals.com

No regulatory authority has approved or disapproved the information contained in this news release.

 

 

 

 



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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.

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