Agave Silver Corp.

Published : June 20th, 2007

Intersects High-Grade Silver-Gold Values On Dos Hornos

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Keywords :   Diamond | G Mexico | Gold | Mexico | Silver |

June 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 HIGH-GRADE

SILVER GOLD VALUES ON DOS HORNOS ZONE, MEXICO

 

Cream Minerals Ltd. (CMA TSX-V) (Cream or the Company) is pleased to report results for Diamond Drill Holes DDH 19 06 to DDH 20 06, and partial DDH 07 23 (ten rush samples located along the Dos Hornos 1 Zone South extension) within the Nuevo Milenio gold silver property, Mexico. Visible gold and silver sulphides were identified within the drill core in the field.

 

Work to date has completed 27 Diamond drill holes along the Dos Hornos 1 Zone. Drilling in 2007 has focused on the southeast section from Trench 4 to Mina Santa Gertrudis (see attached sketch), a strike length of 1,350 m. The zone has been traced for an additional 500 m to the southeast and is still open.

 

DDH 07 23 Rush samples only, high-grade section not completed

 

Sample

From

To

Metres

(m)

Feet

(ft)

Au

(g/t)

Ag

(g/t)

Weighted Average

295758 to 60

78.6

82.6

6.00

19.68

1.706

525.73

Including

295758 to 59

78.6

82.6

4.00

13.12

2.438

771.20

Including

295759

80.6

82.6

2.00

6.56

4.35

1,388.40

 

DDH 20 06

 

Sample

From

To

Metres

(m)

Feet

(ft)

Au

(g/t)

Ag

(g/t)

Weighted Average

295675 to 81

145.30

158.80

13.50

44.28

1.031

97.35

Including

295676 to 80

148.80

158.80

10.00

32.80

1.376

130.52

Including

295676 to 80

148.80

156.80

8.00

26.24

1.662

160.88

Including

295676 to 77

150.80

156.80

6.00

19.68

1.942

194.16

Including

295676 to 80

152.80

156.80

4.00

13.12

2.521

261.25

Including

295678

152.80

154.80

2.00

6.56

3.703

334.50

 

DDH 19 06 cut the quartz vein structure at a fault gouge and crushed quartz area giving no significant assay values.

 

Presently, core for DDH 21 06, DDH 22 06, DDH 07 23 (rest of samples), DDH 07 24, DDH 07 25 and DDH 07 26 are at the Laboratories of BSI Inspectorate at Reno, Nevada for assaying. Core for DDH 07 27 and DDH 28 is being logged and sampled.

 

During surveying of the longitudinal profile, Shaft 12, dating back to Colonial Times was discovered. It has dimensions of 1.20 m x 1.50 m x 18 m deep and lies between DDH 07 26 and DDH 07 28. The shaft was cleaned and channel sampled. Oxidation and leaching of silver values is indicated.

 

Shaft 12

Description

Sample

#

Meters

(m)

Feet

(ft)

Au

(g/t)

Ag

(g/t)

Creston Dos Hornos

295693

1.20

3.94

2.506

91.00

Samples along shaft wall downwards

295694

1.00

3.28

0.342

9.40

 

295695

1.60

5.25

7.337

40.40

 

295696

1.40

4.59

4.937

7.70

 

295697

1.50

4.92

8.777

32.00

Weighted Average

 

1.34

4.40

5.249

36.12

 

Mr. Ferdinand (Fred) Holcapek, P. Eng., is supervising exploration programs on the Nuevo Milenio Property and is the Company's "Qualified Person" for the purpose of National Instrument 43-101. Mr. Holcapek is responsible for the technical information contained in this news release, which has been vetted by Dr. A. D. Drummond P. Eng., Consultant to the Company.

 

For more information, including about Cream and its mineral property interests, please visit Creams 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

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release. This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

 

Cautionary Language and Forward Looking Statements

This press release may contain forward-looking statements, which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Companys business are more fully discussed in the Companys disclosure documents filed.

 

 

 



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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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