Agave Silver Corp.

Published : May 18th, 2007

To Drill Manitoba Nickel-Copper Property

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Keywords :   Copper | Diamond | Nickel |

May 18, 2007

www.creamminerals.com / www.langmining.com

 

TSX Venture Exchange - Symbol: CMA

 

OTC Bulletin Board - Symbol: CRMXF

 

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

 

Frankfurt Stock Exchange Symbol: DFL

 

(www.finanztreff.de)

 

 

CREAM MINERALS TO DRILL MANITOBA NICKEL-COPPER PROPERTY

 

Cream Minerals Ltd. (CMA TSX-V) (Cream or the Company) is pleased to report that it has signed an agreement with Cyr Drilling International Ltd. to commence an initial Diamond drill program on the Companys Wine Nickel-Copper claims, 60 km southeast of Flin Flon, Manitoba. Work is expected to commence before the end of the month.

Formerly held by Hudson Bay Exploration and Development Co. Ltd. until 2002, significant nickel-copper PGE concentrations were discovered in the 1980s by Diamond drilling within the Reed Lake mafic-ultramafic complex (see also News Release February 6, 2006). The most significant drill intercepts were:

 

Hole #

 

Year

 

Interval

Interval Length

(ft)

 

CU

(%)

 

NI

(%)

 

Pt + PD

(oz/T)

 

Au

(oz/T)

From

To

 

 

 

 

 

 

 

 

 

Eel-346

1987

177.0

231.0

54.0

1.42

0.85

 

 

Including

 

182.0

182.4

0.4

16.1

0.43

0.04

 

Including

 

195.4

216.3

20.9

1.52

1.67

<.01

<.01

Including

 

208.1

216.3

8.2

1.47

2.06

0.02

 

Including

 

229.4

231.0

1.6

13.1

1.44

0.03

 

 

 

 

 

 

 

 

 

 

Eel-302

1982

172.4

173.2

0.8

5.75

 

 

 

 

 

177.0

190.0

13.0

0.69

1.12

.009

 

 

 

190.0

211.9

21.9

1.09

 

 

 

 

 

 

 

 

 

 

 

 

Eel-315

1984

225.5

226.0

0.5

3.08

1.20

 

0.12

 

Readers are cautioned that the above data is believed to be reliable, but all information is historical in nature and was compiled before the implementation of National Instrument 43-101 Standards for Disclosure of Mineral Projects.

The purpose of this program is to verify the accuracy of the above data and to test for extension to depth. In this regard, a 100-meter hole will be drilled near to Hole EEL-346 at 50 degrees rather than 45 degrees as drilled previously, and a second hole for 300 meters at 60 degrees to test for possible depth extension.

Mr. A. J. Spooner, P.Eng., of A.J. Spooner Exploration Services, Inc., Flin Flon, Manitoba, is the Qualified Person for NI 43-101. For more information about Cream and its mineral property interests, please visit the Companys website at www.creamminerals.com.

 

Frank A. Lang, BA, MA, P.Eng.

President & CEO

 

For further information please contact:

Investor Relations at

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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