Vancouver, B.C. -- October 23, 2007 - Cream Minerals Ltd. (TSX
Venture - CMA) ("Cream" or the "Company"), is
pleased to present a map to indicate the location of its Wine--Radar Lake
Property and its' associated Nickel-Copper activities in the Flin Flon area
of Manitoba, approximately 15 km north of the Cu-Zn property of VMS
Ventures Inc. In its September 18, 2007, news release, Cream reported a
drill core intersection of 66.8 feet assaying 1.30% Ni, 2.27% Cu. 0.319 g/t
Au, 0.132 g/t Pt and 0.270 g/t Pd (true width estimated to be 43.6 feet). Geophysical
work to establish future drill locations is set to commence after freeze
up. Please click here to view a larger version of the map below.
The Company is also pleased to announce that, subject to regulatory
approval, it has retained the services of Mr. Robert Paul as its Investor
Relations Representative.
Robert Paul is an
experienced investor relations professional with over 15 years experience
in investor relations and corporate finance. Mr. Paul has served both as a
director and senior officer of numerous TSX Venture Exchange mining
companies.
Mr. Paul's role will be to develop and implement an investor relations
communications strategy aimed at raising the awareness of the Company
within the investment community.
The Company's internal investor relations and corporate communications
budget for fiscal 2008, which includes Mr. Paul's services, is anticipated
to be approximately $200,000.00.
Frank A. Lang, BA, MA, P.Eng.
President and CEO
For further information, please contact:
Robert Paul, Investor Relations
Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400
Email: info@creamminerals.com,
or visit the Company's website: www.creamminerals.com
Or,
Catarina Cerqueira, CHF Investor Relations
Tel: (416) 868-1079, Ext. 251 Email: catarina@chfir.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.