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March 21, 2007
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www.creamminerals.com / www.langmining.com
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TSX Venture Exchange -
Symbol: CMA
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OTC Bulletin Board -
Symbol: CRMXF
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U.S. 20-F Registration: 000-29870
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Frankfurt Stock Exchange
Symbol: DFL
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(www.finanztreff.de)
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CREAM MINERALS REPORTS
NUEVO MILENIO DRILL RESULTS
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Cream Minerals Ltd. (CMA -
TSX-V) ("Cream") ) is pleased
to report results for Diamond Drill Holes 1 14 in the Dos Hornos zone
within the Nuevo Milenio gold silver property, 20 km. S/E of Tepic, Nayarit
State, Mexico.
Most encouraging are DDH holes 1, 2, 9, 10, 11, 12 and 14; (See table
1). Holes DDH 1 and 2 were previously
reported, Jan 16th 2007.
Drill intersections show that Dos Hornos Vein 1 is a structural zone
from 20 m to 40 m wide hosting several parallel, mineralized veins, breccia
faults and quartz stockwork zones.
The economic width will be defined by an assay boundary.
Diamond drilling is
presently continuing at DDH 20 with at least one or two more holes
anticipated before this 4,000 meter drill program will be completed.
Further exploration, road
building and additional geochemical sampling is planned in preparation for
the next stage of drilling.
Table 1
(See
attached MAP for location)
DD Holes 1,
2, 9, 10, 11, 12, 14
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Description
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Sample
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From
m
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To
m
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Drill
Length
m
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Au
g/T
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Ag
g/T
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DDH 01 - 06
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Vein # 1
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199590 592
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103.00
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109.00
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6.00
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0.203
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88.33
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Including
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199591
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105.00
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107.00
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2.00
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0.484
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188.00
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DDH 02 06
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Vein #1
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296137 143
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108.50
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122.50
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14.00
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0.529
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134.69
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Including
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296140 148
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114.50
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120.50
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6.00
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0.432
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205.30
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Parallel vein
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296148
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130.50
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132.50
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2.00
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19.300
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130.00
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DDH 09 - 06
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Vein # 1
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296370 373
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250.00
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258.00
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8.00
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0.073
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21.08
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Parallel vein (weighted average)
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396356 362
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222.00
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236.00
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14.00
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0.031
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16.48
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DDH 10 - 06
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Vein #1
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296396 401
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12.50
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24.50
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12.00
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0.926
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106.12
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Including
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296399 400
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18.50
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22.50
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4.00
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1.276
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216.55
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DDH 11 - 06
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Vein # 1
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296431 436
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11.30
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23.30
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12.00
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0.863
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123.65
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Including
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296431 432
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11.30
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15.30
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4.00
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1.982
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211.25
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Parallel vein # 2
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296448
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43.70
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45.70
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2.00
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0.315
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153.00
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DDH 12 - 06
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Vein #1
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296475 479
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106.00
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113.60
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7.60
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0.359
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92.00
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Including
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26478 479
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109.60
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113.60
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4.00
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0.689
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157.00
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DDH 14 - 06
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Vein #1
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295509 512
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126.00
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134.00
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8.00
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0.546
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117.75
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Including
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295509 511
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126.00
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132.00
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6.00
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0.719
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149.47
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Diamond drill holes DDH
03, 04, 05, 06, 07, 08 and 13 were drilled beyond the faulted off section of Zone
#1 and did not intersect the Dos Hornos Zone #1. These seven holes intersected parallel quartz veins with no
significant gold or silver values.
The Dos Hornos Zone is known to be off set to the northeast by
faulting.
Previously drilled Holes: In 2003, holes DDH 01 03, DDH 02 03, DDH 11
03, DDH 17 03, DDH 18 03 and DDH 19 03 were drilled to test the Dos
Hornos zone. Many of these intersected old Spanish workings with resultant
partial recovery. These holes are
summarized below.
Section 1
See attached Drill Section
Map.
DDH 17 03 was drilled
at - 45 degrees under trench 2
approx. 75 meters and 175 meters east of DDH 01 06 and 04 06 in the same
section.
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DDH 17-03
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Sample
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From
m
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To
m
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Drill
Length
m
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Au
g/T
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Ag
g/T
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199900
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36.00
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38.00
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2.00
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Old
workings
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and
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199901
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38.00
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40.00
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2.00
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1.05
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191.50
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Section 2
DDH 18 03 was drilled at
45 degrees under old shaft 4 approx. 75 meters east of DDH 14 06 in the
same section.
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DDH 17-03
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Sample
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From
m
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To
m
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Drill
Length
m
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Au
g/T
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Ag
g/T
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199949
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26.00
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28.00
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2.00
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1.644
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131.00
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Section 5
Hole DDH 11 -03 was
drilled to test faulted-off sections under holes DDH 01 03, and DDH 02 03
which were also drilled in 2003 in Section 5.
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Description
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Sample
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From
m
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To
m
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Drill
Length
m
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Au
g/T
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Ag
g/T
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DDH 11 03
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199012
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28.00
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30.00
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2.00
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0.222
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68.00
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and
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199024
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52.00
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54.00
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2.00
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0.778
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124.00
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DDH 01 03
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104017
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0
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2.00
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2.00
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2.945
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144.00
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104017 139
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192.00
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198.00
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6.00
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0.299
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92.97
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Including
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104139
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196.00
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198.00
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2.00
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0.651
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200.00
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DDH 02 03
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104173
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0.00
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2.00
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2.00
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0.845
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326.50
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104214 216
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82.00
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88.00
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6.00
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0.769
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79.97
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Including
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104216
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86.00
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88.00
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2.00
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1.729
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147.00
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Section
11
DDH 19 -03 was drilled to test Mina San Miguel
about 700 meters south of DDH 11 06 in Section 6.
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DDH 19-03
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Sample
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From
m
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To
m
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Drill
Length
m
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Au
g/T
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Ag
g/T
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182581 - 584
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38.00
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46.00
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8.0
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0.410
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102.88
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Including
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182581 - 582
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38.00
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42.00
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4.0
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0.500
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154.50
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In January 2007, the focus of the drill program was shifted to
in-fill drilling followed by drill testing the segment between Section 5
(Trench 3) to Section 12 (Mina Santa Gertrudis). This has resulted in tracing the gold-silver bearing segment of
Dos Hornos Zone 1 for a total horizontal distance of 1,300 m (4,260 ft), and
established that the structure carries gold-silver mineralization over a
known vertical distance of 385 m (1,263 ft) from the bottom of DDH 03-06 at
925 m (3,34 ft) to the collar of DDH 20-06 at elevation 1,310 m (4,296 ft).
In many cases, drill recovery was poor and it is believed that
underground bulk sampling will provide more accurate grade results.
Almost all holes were drilled at - 45 degrees and to an average depth
of approx 200 meters.
Holes 15, 16, 17, 18 have been shipped for assay to Inspectorate
Labs, Reno, Nevada.
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Mr. Ferdinand (Fred) Holcapek,
P. Eng., is supervising exploration programs on the Nuevo Milenio Project 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.
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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 at
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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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