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Published : November 10th, 2011

Reports the Testing of a New Zone at Nuevo Milenio and Initial Exploration Drilling Results

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Thursday, November 10, 2011

www.creamminerals.com
TSX Venture Exchange: CMA
OTC Bulletin Board: CRMXF
U.S. 20-F Registration: 000-29870
Frankfurt Stock Exchange: WKN 866036
(www.finanztreff.de)

Cream Minerals Reports the Testing of a New Zone at Nuevo Milenio and Initial Exploration Drilling Results


Vancouver, BC -- November 10, 2011 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to announce the testing of a new zone at Nuevo Milenio. Drilling on Once Bocas South has returned positive initial assay results. Once Bocas South is a separate, new zone, which is not included in the resource calculation detailed on page three of this release. It is one of four new zones that were drill tested during the 2011 drill program. Exploration drilling of Once Bocas South is one aspect of the 20,292 metre Diamond drill program completed in early October at the 100% owned Nuevo Milenio Silver-Gold Project, Nayarit State, Mexico. Nuevo Milenio covers a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein quartz stock work zones hosted within a collapsed caldera.

The Once Bocas South zone may be the displaced southern segment of Once Bocas North. Like Once Bocas North, it is a moderate to intense argillic alteration zone that includes numerous quartz veins and quartz stock work. The zone had previously been identified as having an indicated width of 30 metres and an indicated strike length of 600 metres. These dimensions are significantly larger than those of Once Bocas North as included in the December 2008 NI 43-101. Drilling has increased the width of Once Bocas South from 30 metres to 100 metres and 230 metres of the 600 metre strike length has been drilled. It remains open to the SE. Drilling in four sections consisting of six holes defined a strike length of 230 metres. The drill hole line was off-set due to access problems however, the zone intercepted is more than is 100 metres wide. It consists of two distinct segments of quartz veins and/or quartz stock work. The upper segment is quartz veining showing good mineralization; the lower segment is mainly quartz stock work of variable intensity. The Once Bocas South zone is open along strike to the NW and the SE.

Nuevo Milenio contains a NI 43-101 compliant Inferred Mineral Resource of 54.6 million ounces silver equivalent at an average grade of 251 g/t silver and 1.660 g/t gold. Prices employed at the time of the report were USD$10.28 silver and USD$816.09 gold. For complete details of the Inferred Mineral Resource see Table - Revised NI 43-101 Report, dated December 24, 2008 on page three of this news release.

Results for four exploration drill holes on Once Bocas South are presented below.

HIGHLIGHTS OF THE DRILL RESULTS

Highlights include significant drill intersections (intersections are drill widths, true widths are 50% to 70% of drill intersected width depending on drill inclination).

OBS 1-11

148.15 g/t Ag and 1.290 g/t Au over 14.14 metres including 198.48 g/t Ag and 1.769 g/t Au over 10.14 metres, and 208.82 g/t Ag and 2.045 g/t Au over 8.32 metres, and 371.50 g/t Ag and 3.329 g/t Au over 5.12 metres, and 515.27 g/t Ag and 5.106 g/t Au over 3.30 metres, and 1252.00 g/t Ag and 12.65 g/t Au over 1.30 metres.

ASSAY RESULTS

OBS 01-11 intersected approximately 62 metres of quartz stock work and quartz veins showing electrum and acanthite. Below the mineralized section a breccia zone with an alteration halo around breccia fragments and alteration of the matrix carrying minor amounts of pyrite was intersected. At this time the structure is thought

to be a diatreme. None of the quartz veins or quartz stock work above cut the breccia as it was most likely formed by later stage hydrothermal events. If this is correct the mineralization may be a post quartz veining hydrothermal event.

Description Sample From To Width Ag Au
OBS 01-11 Number Metres Metres Metres g/t g/t
Stock work 52875 37.00 39.00 2.00 32.10 0.218
Stock work 52876 39.00 40.51 1.51 11.80 0.032
Stock work 52877 40.51 42.02 1.51 18.40 0.057
Qtz Vein, Au, AgS 52878 42.02 43.32 1.30 1252.00 12.65
Stock work 52879 43.32 45.32 2.00 36.40 0.203
Stock work 52880 45.32 46.32 1.00 2.40 0.014
Vein structure 52881 46.32 47.14 0.82 243.00 0.618
Stock work 52882 47.14 49.14 2.00 18.00 0.086
Stock work 52883 49.14 51.14 2.00 23.40 0.062
Weighted Average 52875 - 83 37.00 51.14 14.14 148.15 1.290
including 52875 - 81 37.00 47.14 10.14 198.48 1.7694
including 52875 - 79 37.00 45.32 8.32 208.82 2.045
including 52878 - 81 42.02 47.14 5.12 371.50 3.329
including 52878 -79 42.02 45.32 3.30 515.27 5.106
including 52878 42.02 43.32 1.30 1252.00 12.65
Weighted Average 52881 - 83 46.32 51.14 4.82 58.52 0.167
including 52881 - 82 46.32 49.14 2.82 83.43 0.241
including 52881 46.32 47.14 0.82 243.00 0.618


OBS 02-11 is located in the same section but cut the diatreme below the mineralized quartz vein quartz stock work system. It shows the same type of alteration halo of breccia fragments and alteration in the matrix. Several weak segments of quartz stock work were intersected below and south west of the diatreme but no significant Au-Ag values were encountered.

OBS 03-11 is located 85 metres south of OBS 01-11. The area is difficult to access during the rainy season. This drill hole tested the SW part of Once Bocas South. Multiple quartz veinlets over a 62 metre sample width of stock work was cut, but only low Ag - Au values were encountered. The drill location was too far south of the high grade zone of OBS 01-11 to intersect it.

Description Sample From To Width Ag Au
OBS 03-11 Number Metres Metres Metres g/t g/t
Stock work 52980 52.72 54.75 2.03 16.60 0.096
Stock work 1502 107.15 109.15 2.00 11.60 0.037
Stock work 1503 109.15 111.15 2.00 16.00 0.049
quartz vein 1542 187.15 189.15 2.00 42.60 0.171
quartz vein 1548 209.00 211.15 2.15 5.80 0.129


OBS 04-11 is located along the same section as OBS 4-11 but approximately 30 metres to the northeast. The dip of the mineralization appears to be steeply to the NE.

Description Sample From To Width Ag Au
OBS 04-11 Number Metres Metres Metres g/t g/t
Stock work 1572 51.00 53.00 2.00 95.10 0.101
Stock work 1588 82.00 84.00 2.00 13.80 0.218
Stock work 1589 84.00 86.00 2.00 15.00 0.029
Quartz vein 1590 86.00 88.00 2.00 83.10 0.155


SUMMARY

Geological mapping and drill results to date on the Once Bocas South zone have defined a quartz vein stock work zone in excess of 100 metres wide and 600 metres in strike length. Preliminary Diamond drilling has tested 240 metres strike length of the zone. It is open along strike to the NW and SE.
The Quartz stock work zones are dipping steeply to the north east within the zone. This extended area of mineralization consists of lower grade stock work zones containing higher grade quartz veins. Follow-up drilling is required to define the dimensions of the diatreme and to confirm the strike length of Once Bocas South as being 600 metres.

Revised NI 43-101 Report, dated December 24, 2008 by F. Holcapek, P. Eng.


Dos Hornos (U/G) Width
m
Tonnes Ag
g/t
Au
g/t
Ag
oz
Au
oz
Dos Hornos Segment 1 4.70 1,173,901.56 165.34 1.500 6,552,238.85 59,400.00
Dos Hornos Segment 2 4.06 746,528.32 201.95 1.770 4,847,215.70 42,390.25
Veta Tomas 5.09 1,246,162.50 351.19 1.280 14,070,467.48 51,344.17
Once Bocas 2.42 1,921,162.50 252.59 1.920 15,602,012.74 118,347.79
Total 5,087,754.88 251.09 1.660 41,071,934.77 271,482.21


Tonnes: 5,088,000 Ag: 251.09 g/t, Au: 1.660 g/t. Ag: 41,072,000 oz, Au: 271,500 oz.
Silver Equivalent (Gold-Silver price Ratio = 50:1): 54,647,000 oz (In-Situ).

Metal prices employed were USD$10.28 per ounce Ag and USD$816.09 per ounce Au.
A cut-off grade of US$ 45.00 per tonne or 131g/t Ag equivalent was used.



Mr. Ferdinand Holcapek, P. Eng., Director and Administrator General, Cream Minerals De Mexico, SA de CV, supervises exploration programs on the Nuevo Milenio Project. He is responsible for all technical reporting and is the Company's "Qualified Person" for the purpose of National Instrument NI 43-101.

Samples are prepared in the Preparatory Laboratory of Inspectorate in Durango, Durango. In addition to the in-house check assaying, Cream Minerals De Mexico instructed Inspectorate to take approximately 20% (1 sample out of 5) as marked on the sample shipping paper and take a split from the prepared samples. All samples are shipped to the Inspectorate Laboratory in Reno, Nevada. The check samples are shipped to the Steward Group's Preparation Lab in Zacatecas for shipping to their main Laboratory in Kamloops, B.C. for assaying. All samples are assayed using Inspectorates Genx 30 31 Element Package Au&Ag/FA/AA plus 29 elements ICP-AES Scan by aqua regia digestion & Hg by CVAA. The Steward Group uses their equivalent to the Genx 30 package of Inspectorate for assaying.

Cream Minerals is a silver-gold exploration company. The Company's flag ship project is the Nuevo Milenio silver-gold project in Nayarit State Mexico. To learn more about Cream Minerals please click here www.creamminerals.com.

Christopher Hebb, LLB, Chairman
Chairman of the Board

Michael E. O'Connor
President & CEO

Robert Paul, Investor Relations
Tel: (604) 687-4622
Fax: (604) 687-4212
Toll Free: 1-888-267-1400
Email: info@creamminerals.com



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ventura Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable Canadian securities regulations and including "forwarding-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. This forward-looking information is made as of the date of this News Release and except as required under applicable securities legislation, the Company does not intend and does not assume any obligation to update this forward-looking information. Forward looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this News Release includes, but is not limited to the planned drilling program on the Nuevo Milenio project and the Nuevo Milenio project's estimated mineral resource. Forward-looking information is based on a number of assumptions which management believes are reasonable including that equipment, personnel and approvals will be available when required to complete the planned drilling program, that no disruption to the program will occur as a result of breakdown, labour disputes, or natural hazards, that the assumptions underlying the inferred resources estimate are valid, including but not limited to the projected future prices of silver and gold, continuity of mineralization and grades, and expected recovery methods and rates. Factors which could cause actual results to differ materially from current expectations include, but are not limited to: the risk that actual results of exploration activities will be different than anticipated, that cost of labour, equipment or materials are more than expected, that the future price of silver and/ or gold will differ materially from those implied or estimated, that Canadian / US dollar exchange rates vary in a manner that has a negative effect on the resource estimate, unanticipated delays in obtaining governmental approvals or required financing; that changes in project parameters result in increased costs, of unexpected variations in mineralization, grade or recovery rate and other factors on which the mineral resource estimate is based, of failure of equipment or processes to operate as anticipated, of accidents, labour disputes and other risks generally associated with mineral exploration and development; a deterioration in general economic conditions; and changes in laws, rules and regulations applicable to Cream and the Nuevo Milenio project.

CAUTIONARY NOTE TO U.S. READERS REGARDING MINERAL RESOURCES

The United States Securities and Exchange Commission ("SEC") allows mining companies, in their filings with the SEC, to disclose only those mineral deposits they can economically and legally extract or produce. The Company uses certain terms in this document, such as "mineral resources", and "inferred resources" that are recognized and mandated by Canadian securities regulators but are not recognized by the SEC. U.S readers are cautioned that while the term 'inferred resource' is recognized and required by Canadian regulations, the SEC does not recognize it. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. U.S. readers are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

You can also view this News Release on our website at:
http://www.creamminerals.com/s/NewsReleases.asp?ReportID=490184

www.creamminerals.com
TSX Venture Exchange: CMA
OTC Bulletin Board: CRMXF
U.S. 20-F Registration: 000-29870
Frankfurt Stock Exchange: WKN 866036
(www.finanztreff.de)

Cream Minerals Reports the Testing of a New Zone at Nuevo Milenio and Initial Exploration Drilling Results


Vancouver, BC -- November 10, 2011 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to announce the testing of a new zone at Nuevo Milenio. Drilling on Once Bocas South has returned positive initial assay results. Once Bocas South is a separate, new zone, which is not included in the resource calculation detailed on page three of this release. It is one of four new zones that were drill tested during the 2011 drill program. Exploration drilling of Once Bocas South is one aspect of the 20,292 metre Diamond drill program completed in early October at the 100% owned Nuevo Milenio Silver-Gold Project, Nayarit State, Mexico. Nuevo Milenio covers a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein quartz stock work zones hosted within a collapsed caldera.

The Once Bocas South zone may be the displaced southern segment of Once Bocas North. Like Once Bocas North, it is a moderate to intense argillic alteration zone that includes numerous quartz veins and quartz stock work. The zone had previously been identified as having an indicated width of 30 metres and an indicated strike length of 600 metres. These dimensions are significantly larger than those of Once Bocas North as included in the December 2008 NI 43-101. Drilling has increased the width of Once Bocas South from 30 metres to 100 metres and 230 metres of the 600 metre strike length has been drilled. It remains open to the SE. Drilling in four sections consisting of six holes defined a strike length of 230 metres. The drill hole line was off-set due to access problems however, the zone intercepted is more than is 100 metres wide. It consists of two distinct segments of quartz veins and/or quartz stock work. The upper segment is quartz veining showing good mineralization; the lower segment is mainly quartz stock work of variable intensity. The Once Bocas South zone is open along strike to the NW and the SE.

Nuevo Milenio contains a NI 43-101 compliant Inferred Mineral Resource of 54.6 million ounces silver equivalent at an average grade of 251 g/t silver and 1.660 g/t gold. Prices employed at the time of the report were USD$10.28 silver and USD$816.09 gold. For complete details of the Inferred Mineral Resource see Table - Revised NI 43-101 Report, dated December 24, 2008 on page three of this news release.

Results for four exploration drill holes on Once Bocas South are presented below.

HIGHLIGHTS OF THE DRILL RESULTS

Highlights include significant drill intersections (intersections are drill widths, true widths are 50% to 70% of drill intersected width depending on drill inclination).

OBS 1-11

148.15 g/t Ag and 1.290 g/t Au over 14.14 metres including 198.48 g/t Ag and 1.769 g/t Au over 10.14 metres, and 208.82 g/t Ag and 2.045 g/t Au over 8.32 metres, and 371.50 g/t Ag and 3.329 g/t Au over 5.12 metres, and 515.27 g/t Ag and 5.106 g/t Au over 3.30 metres, and 1252.00 g/t Ag and 12.65 g/t Au over 1.30 metres.

ASSAY RESULTS

OBS 01-11 intersected approximately 62 metres of quartz stock work and quartz veins showing electrum and acanthite. Below the mineralized section a breccia zone with an alteration halo around breccia fragments and alteration of the matrix carrying minor amounts of pyrite was intersected. At this time the structure is thought

to be a diatreme. None of the quartz veins or quartz stock work above cut the breccia as it was most likely formed by later stage hydrothermal events. If this is correct the mineralization may be a post quartz veining hydrothermal event.

Description Sample From To Width Ag Au
OBS 01-11 Number Metres Metres Metres g/t g/t
Stock work 52875 37.00 39.00 2.00 32.10 0.218
Stock work 52876 39.00 40.51 1.51 11.80 0.032
Stock work 52877 40.51 42.02 1.51 18.40 0.057
Qtz Vein, Au, AgS 52878 42.02 43.32 1.30 1252.00 12.65
Stock work 52879 43.32 45.32 2.00 36.40 0.203
Stock work 52880 45.32 46.32 1.00 2.40 0.014
Vein structure 52881 46.32 47.14 0.82 243.00 0.618
Stock work 52882 47.14 49.14 2.00 18.00 0.086
Stock work 52883 49.14 51.14 2.00 23.40 0.062
Weighted Average 52875 - 83 37.00 51.14 14.14 148.15 1.290
including 52875 - 81 37.00 47.14 10.14 198.48 1.7694
including 52875 - 79 37.00 45.32 8.32 208.82 2.045
including 52878 - 81 42.02 47.14 5.12 371.50 3.329
including 52878 -79 42.02 45.32 3.30 515.27 5.106
including 52878 42.02 43.32 1.30 1252.00 12.65
Weighted Average 52881 - 83 46.32 51.14 4.82 58.52 0.167
including 52881 - 82 46.32 49.14 2.82 83.43 0.241
including 52881 46.32 47.14 0.82 243.00 0.618


OBS 02-11 is located in the same section but cut the diatreme below the mineralized quartz vein quartz stock work system. It shows the same type of alteration halo of breccia fragments and alteration in the matrix. Several weak segments of quartz stock work were intersected below and south west of the diatreme but no significant Au-Ag values were encountered.

OBS 03-11 is located 85 metres south of OBS 01-11. The area is difficult to access during the rainy season. This drill hole tested the SW part of Once Bocas South. Multiple quartz veinlets over a 62 metre sample width of stock work was cut, but only low Ag - Au values were encountered. The drill location was too far south of the high grade zone of OBS 01-11 to intersect it.

Description Sample From To Width Ag Au
OBS 03-11 Number Metres Metres Metres g/t g/t
Stock work 52980 52.72 54.75 2.03 16.60 0.096
Stock work 1502 107.15 109.15 2.00 11.60 0.037
Stock work 1503 109.15 111.15 2.00 16.00 0.049
quartz vein 1542 187.15 189.15 2.00 42.60 0.171
quartz vein 1548 209.00 211.15 2.15 5.80 0.129


OBS 04-11 is located along the same section as OBS 4-11 but approximately 30 metres to the northeast. The dip of the mineralization appears to be steeply to the NE.

Description Sample From To Width Ag Au
OBS 04-11 Number Metres Metres Metres g/t g/t
Stock work 1572 51.00 53.00 2.00 95.10 0.101
Stock work 1588 82.00 84.00 2.00 13.80 0.218
Stock work 1589 84.00 86.00 2.00 15.00 0.029
Quartz vein 1590 86.00 88.00 2.00 83.10 0.155


SUMMARY

Geological mapping and drill results to date on the Once Bocas South zone have defined a quartz vein stock work zone in excess of 100 metres wide and 600 metres in strike length. Preliminary Diamond drilling has tested 240 metres strike length of the zone. It is open along strike to the NW and SE.
The Quartz stock work zones are dipping steeply to the north east within the zone. This extended area of mineralization consists of lower grade stock work zones containing higher grade quartz veins. Follow-up drilling is required to define the dimensions of the diatreme and to confirm the strike length of Once Bocas South as being 600 metres.

Revised NI 43-101 Report, dated December 24, 2008 by F. Holcapek, P. Eng.


Dos Hornos (U/G) Width
m
Tonnes Ag
g/t
Au
g/t
Ag
oz
Au
oz
Dos Hornos Segment 1 4.70 1,173,901.56 165.34 1.500 6,552,238.85 59,400.00
Dos Hornos Segment 2 4.06 746,528.32 201.95 1.770 4,847,215.70 42,390.25
Veta Tomas 5.09 1,246,162.50 351.19 1.280 14,070,467.48 51,344.17
Once Bocas 2.42 1,921,162.50 252.59 1.920 15,602,012.74 118,347.79
Total 5,087,754.88 251.09 1.660 41,071,934.77 271,482.21


Tonnes: 5,088,000 Ag: 251.09 g/t, Au: 1.660 g/t. Ag: 41,072,000 oz, Au: 271,500 oz.
Silver Equivalent (Gold-Silver price Ratio = 50:1): 54,647,000 oz (In-Situ).

Metal prices employed were USD$10.28 per ounce Ag and USD$816.09 per ounce Au.
A cut-off grade of US$ 45.00 per tonne or 131g/t Ag equivalent was used.



Mr. Ferdinand Holcapek, P. Eng., Director and Administrator General, Cream Minerals De Mexico, SA de CV, supervises exploration programs on the Nuevo Milenio Project. He is responsible for all technical reporting and is the Company's "Qualified Person" for the purpose of National Instrument NI 43-101.

Samples are prepared in the Preparatory Laboratory of Inspectorate in Durango, Durango. In addition to the in-house check assaying, Cream Minerals De Mexico instructed Inspectorate to take approximately 20% (1 sample out of 5) as marked on the sample shipping paper and take a split from the prepared samples. All samples are shipped to the Inspectorate Laboratory in Reno, Nevada. The check samples are shipped to the Steward Group's Preparation Lab in Zacatecas for shipping to their main Laboratory in Kamloops, B.C. for assaying. All samples are assayed using Inspectorates Genx 30 31 Element Package Au&Ag/FA/AA plus 29 elements ICP-AES Scan by aqua regia digestion & Hg by CVAA. The Steward Group uses their equivalent to the Genx 30 package of Inspectorate for assaying.

Cream Minerals is a silver-gold exploration company. The Company's flag ship project is the Nuevo Milenio silver-gold project in Nayarit State Mexico. To learn more about Cream Minerals please click here www.creamminerals.com.

Christopher Hebb, LLB, Chairman
Chairman of the Board

Michael E. O'Connor
President & CEO

Robert Paul, Investor Relations
Tel: (604) 687-4622
Fax: (604) 687-4212
Toll Free: 1-888-267-1400
Email: info@creamminerals.com



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ventura Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable Canadian securities regulations and including "forwarding-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. This forward-looking information is made as of the date of this News Release and except as required under applicable securities legislation, the Company does not intend and does not assume any obligation to update this forward-looking information. Forward looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this News Release includes, but is not limited to the planned drilling program on the Nuevo Milenio project and the Nuevo Milenio project's estimated mineral resource. Forward-looking information is based on a number of assumptions which management believes are reasonable including that equipment, personnel and approvals will be available when required to complete the planned drilling program, that no disruption to the program will occur as a result of breakdown, labour disputes, or natural hazards, that the assumptions underlying the inferred resources estimate are valid, including but not limited to the projected future prices of silver and gold, continuity of mineralization and grades, and expected recovery methods and rates. Factors which could cause actual results to differ materially from current expectations include, but are not limited to: the risk that actual results of exploration activities will be different than anticipated, that cost of labour, equipment or materials are more than expected, that the future price of silver and/ or gold will differ materially from those implied or estimated, that Canadian / US dollar exchange rates vary in a manner that has a negative effect on the resource estimate, unanticipated delays in obtaining governmental approvals or required financing; that changes in project parameters result in increased costs, of unexpected variations in mineralization, grade or recovery rate and other factors on which the mineral resource estimate is based, of failure of equipment or processes to operate as anticipated, of accidents, labour disputes and other risks generally associated with mineral exploration and development; a deterioration in general economic conditions; and changes in laws, rules and regulations applicable to Cream and the Nuevo Milenio project.

CAUTIONARY NOTE TO U.S. READERS REGARDING MINERAL RESOURCES

The United States Securities and Exchange Commission ("SEC") allows mining companies, in their filings with the SEC, to disclose only those mineral deposits they can economically and legally extract or produce. The Company uses certain terms in this document, such as "mineral resources", and "inferred resources" that are recognized and mandated by Canadian securities regulators but are not recognized by the SEC. U.S readers are cautioned that while the term 'inferred resource' is recognized and required by Canadian regulations, the SEC does not recognize it. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. U.S. readers are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

You can also view this News Release on our website at:
http://www.creamminerals.com/s/NewsReleases.asp?ReportID=490184

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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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2/27/2012(Nuevo Milenio)Drills 22 Metres of 63.69 g/t Silver and 0.299 g/t Gold at ...
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2/9/2012(Nuevo Milenio)Announces New Discovery at Nuevo Milenio Silver-Gold Propert...
1/31/2012The Gold Report Interview with Matthew Zylstra Highlights Cr...
1/17/2012(Nuevo Milenio)Drills 20 Metres of 75.5 G/T Silver and 0.317 G/T Gold Near ...
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12/6/2011(Nuevo Milenio)Reports In-Fill Drill Results for Once Bocas North, Nuevo Mi...
10/14/2011Silver Summit 2011 Invitation
9/13/2011(Nuevo Milenio)Reports Drill Results for the Dos Hornos 2 Zone, Nuevo Milen...
9/8/2011(Nuevo Milenio)Reports Drill Results for the Veta Tomas Zone, Nuevo Milenio...
8/18/2011(Nuevo Milenio)Reports Drill Results for the Nuevo Milenio Silver - Gold P...
6/21/2011(Nuevo Milenio)Reports Drill Results For The Nuevo Milenio Silver - Gold Pr...
6/20/2011' Annual General Meeting Reminder
6/6/2011(Nuevo Milenio)Reports Assay Results For The Nuevo Milenio Silver - Gold Pr...
6/4/2011Retains John Walter Communications Inc.
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9/14/2009Featured By CEO Clips Airing On BNN
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6/6/2009Announces Amendment to Wine Option Agreement
2/9/2009Announces Significant Upgrade to Inferred Mineral Resource E...
9/18/2008' Annual Meeting Reminder
7/8/2008Provides Update On Sierra Leone Exploration Program On The S...
5/21/2008Targets 300 Million Ounces Silver Equivalent in Planned 2008...
4/16/2008Contracts Vtem Survey Over Nickel Properties, Manitoba
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3/12/2008 Discovers Diamonds In First Tests Of 2008 Program In Sierra...
3/3/2008Completes Topographic Survey and Prepares Cerro Chacuaco Zon...
1/17/2008Announces New Smartstox.Com Interview With President Frank L...
11/1/2007 Adds To Nickel Properties In Manitoba
10/28/2007 Announces Debt Financing
10/24/2007 Confirms Dos Hornos Gold-Silver Zone To 1.3Km Length, Mexic...
10/23/2007Presents Wine-Radar Lake Property Map & Welcomes New Investo...
10/15/2007 Readies For Further Work In Sierra Leone Following Orderly ...
9/18/2007Adds New Cobalt Discovery To Nickel On Wine Nickel-Copper Pr...
9/5/2007' Infill Drilling Confirms Dos Hornos Mineralized Zone Exten...
8/23/2007Supports Application for Mining Licences in Sierra Leone
8/9/2007Announces Financing by MineralFields
5/24/2007Reports First Bulk Sampling Test Confirms Diamond Grades At ...
5/18/2007To Drill Manitoba Nickel-Copper Property
4/17/2007Extends Diamond Drill Contract At Dos Hornos Zone 1 Mexico
3/27/2007 Continues Diamond Exploration On Sewa River, Sierra Leone
2/20/2007Update On Nuevo Milenio Project, Mexico
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