CREAM MINERALS LTD.
Suite 1400 – 570 Granville Street
Vancouver, B.C. V6C 3P1
www.creamminerals.com
July 19, 2007
TSX Venture Exchange Symbol:CMA
OTC Bulletin Board Symbol:CRMXF
U.S. 20-F Registration: 000-29870
Frankfurt Stock Exchange: WKN 866036
(www.finanztreff.de)
CREAM MINERALS INTERSECTS 1.30% NICKEL AND 2.27% COPPER OVER 66.8 FEET ON WINE PROPERTY, MANITOBA
Cream Minerals Ltd. (TSX-V “CMA”)(“Cream”) is pleased to report that its first test hole, RAD 07 – 01, on its Wine – Radar Lake property, 60 km southeast of Flin Flon, Manitoba,assayed 1.30% Nickel, 2.27% Copper, 0.319 g/t Gold, 0.132 g/t Platinum and 0.270 g/t Palladium over 66.8 feet core length at a dip of –49 degrees (true width is estimated to be 43.6 feet).
The hole was drilled to test and confirm an earlier hole DDH EEL – 346, drilled in 1987 by Hudson Bay Exploration and Development Co. Ltd., which assayed 0.85% Nickel and 1.42% Copper over 54.0 feet at a dip of –45 degrees (Refer to Cream News Release dated February 6, 2006). Assays over the mineralized section of the RAD 07-01 drill hole are tabled below:
Assay Results for RAD 07-01:
Sample Number | From (Ft) | To (Ft) | Width (Ft) | Au (ppb) | Cu (%) | Ni (%) | Pt (ppb) | Pd (ppb) |
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860603 | 182.6 | 184.8 | 2.2 | 80 | 0.41 | 0.42 | 0 | 65 |
860604 | 184.8 | 186.4 | 1.6 | 80 | 0.13 | 0.08 | 30 | 70 |
860605 | 186.4 | 189.4 | 3.0 | 110 | 0.40 | 1.01 | 45 | 250 |
860606 | 189.4 | 192.2 | 2.8 | 50 | 0.65 | 1.25 | 25 | 55 |
860607 | 192.2 | 193.9 | 1.7 | 890 | 2.89 | 0.00 | 40 | 55 |
860608 | 193.9 | 195.0 | 1.1 | 1750 | 18.10 | 0.52 | 60 | 150 |
860609 | 195.0 | 198.3 | 3.3 | 390 | 0.62 | 1.62 | 130 | 180 |
860610 | 198.3 | 200.9 | 2.6 | 150 | 2.68 | 1.92 | 35 | 330 |
860611 | 200.9 | 203.7 | 2.8 | 30 | 0.33 | 2.48 | 45 | 530 |
860612 | 203.7 | 207.0 | 3.3 | 280 | 3.48 | 1.73 | 350 | 510 |
860613 | 207.0 | 209.0 | 2.0 | 70 | 0.72 | 2.67 | 510 | 250 |
860614 | 209.0 | 212.6 | 3.6 | 390 | 7.76 | 1.44 | 270 | 570 |
860615 | 212.6 | 213.9 | 1.3 | 70 | 0.18 | 0.13 | 20 | 40 |
860616 | 213.9 | 215.6 | 1.7 | 1170 | 3.02 | 0.35 | 340 | 230 |
860617 | 215.6 | 217.3 | 1.7 | 40 | 0.16 | 0.03 | 20 | 10 |
860618 | 217.3 | 220.5 | 3.2 | 150 | 1.99 | 1.46 | 60 | 320 |
860619 | 220.5 | 224.7 | 4.2 | 30 | 0.05 | 0.11 | 15 | 10 |
860620 | 224.7 | 227.0 | 2.3 | 240 | 5.60 | 1.25 | 210 | 150 |
860621 | 227.0 | 230.1 | 3.1 | 560 | 3.77 | 1.46 | 45 | 180 |
860622 | 230.1 | 233.7 | 3.6 | 65 | 1.39 | 1.36 | 110 | 120 |
860623 | 233.7 | 237.0 | 3.3 | 1610 | 1.33 | 2.07 | 260 | 250 |
860624 | 237.0 | 240.1 | 3.1 | 110 | 1.27 | 2.28 | 270 | 400 |
860625 | 240.1 | 242.9 | 2.8 | 230 | 3.25 | 2.24 | 330 | 710 |
860626 | 242.9 | 246.2 | 3.3 | 55 | 0.20 | 0.15 | 15 | 35 |
860627 | 246.2 | 249.4 | 3.2 | 340 | 3.72 | 2.04 | 20 | 760 |
TOTAL | 182.6 | 249.4 | 66.8 | 319 | 2.27 | 1.30 | 132 | 270 |
RAD 07 – 01 Drill Logs:
From (Ft) | To (Ft) | Lithological Description | Sample Number | From (Ft) | To (Ft) | Width (Ft) |
164.50 | 265.00 | RHYOLITE |
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| Light gray, fine-grained, weakly foliated. Mineralized 182.6’ to 249.4’ disseminated to near solid sulphide pyrrhotite and chalcopyrite (184.8 – 186.4 – gabbro) | ||||
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| 1% chalcopyrite, 90% pyrite | 860602 | 172.5 | 173.3 | 0.8 |
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| 1% chalcopyrite, 10% pyrrhotite | 860603 | 182.6 | 184.8 | 2.2 |
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| 2% chalcopyrite | 860604 | 184.8 | 186.4 | 1.6 |
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| 2% chalcopyrite, 20% pyrrhotite | 860605 | 186.4 | 189.4 | 3.0 |
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| 2% chalcopyrite, 10% pyrrhotite | 860606 | 189.4 | 192.2 | 2.8 |
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| 8% chalcopyrite, 10% pyrrhotite | 860607 | 192.2 | 193.9 | 1.7 |
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| 60% chalcopyrite, 5% pyrrhotite | 860608 | 193.9 | 195.0 | 1.1 |
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| 1% chalcopyrite, 25% pyrrhotite | 860609 | 195.0 | 198.3 | 3.3 |
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| 6% chalcopyrite, 50% pyrrhotite | 860610 | 198.3 | 200.9 | 2.6 |
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| 1% chalcopyrite, 80% pyrrhotite | 860611 | 200.9 | 203.7 | 2.8 |
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| 8% chalcopyrite, 25% pyrrhotite | 860612 | 203.7 | 207.0 | 3.3 |
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| 5% chalcopyrite, 75% pyrrhotite | 860613 | 207.0 | 209.0 | 2.0 |
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| 25% chalcopyrite, 25% pyrrhotite | 860614 | 209.0 | 212.6 | 3.6 |
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| 1% chalcopyrite, 1% pyrrhotite | 860615 | 212.6 | 213.9 | 1.3 |
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| 6% chalcopyrite, 4% pyrrhotite | 860616 | 213.9 | 215.6 | 1.7 |
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| tr chalcopyrite, tr pyrrhotite | 860617 | 215.6 | 217.3 | 1.7 |
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| 5% chalcopyrite, 15% pyrrhotite | 860618 | 217.3 | 220.5 | 3.2 |
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| tr chalcopyrite, tr pyrrhotite | 860619 | 220.5 | 224.7 | 4.2 |
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| 6% chalcopyrite, 6% pyrrhotite | 860620 | 224.7 | 227.0 | 2.3 |
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| 6% chalcopyrite, 6% pyrrhotite | 860621 | 227.0 | 230.1 | 3.1 |
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| 5% chalcopyrite, 15% pyrrhotite | 860622 | 230.1 | 233.7 | 3.6 |
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| 5% chalcopyrite, 20% pyrrhotite | 860623 | 233.7 | 237.0 | 3.3 |
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| 10% chalcopyrite, 60% pyrrhotite | 860624 | 237.0 | 240.1 | 3.1 |
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| 10% chalcopyrite, 80% pyrrhotite | 860625 | 240.1 | 242.9 | 2.8 |
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| 1% chalcopyrite, 5% pyrrhotite | 860626 | 242.9 | 246.2 | 3.3 |
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| 10% chalcopyrite, 40% pyrrhotite | 860627 | 246.2 | 249.4 | 3.2 |
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| 6 6.8 |
In a report received from Mr. Anthony J. Spooner, P.Eng., of A. J. Spooner Exploration Services Inc., Flin Flon, MB, Qualified Person for NI 43-101, who is managing the drilling program on the Wine Property, Mr. Spooner stated: “This is certainly worth chasing some more. I hope borehole geophysics will show us the way”.
A second drill hole, RAD 07 – 02 was collared at approximately 230 feet southeast of RAD 07 – 01. It was drilled at –60 degrees to a depth of 837 feet with the hope of intersecting mineralization should the zone plunge vertically to that point. The favourable horizon was not intersected in this hole; however, the main purpose of the hole was to locate the downward plunge of the upper zone and the hole will now be used for a down the hole Pulse EM Survey as soon as possible in order to locate the mineralized body.
During the drill program, standard sampling procedures were used whereby the core was cut with a circular diamond saw and half of the core was sent by trucking company directly to TSL Laboratories Ltd. in Saskatoon, Saskatchewan. The remaining half of the core was stored in a core storage facility in Snow Lake, Manitoba. All sample preparation was done at the laboratory by TSL staff, who assayed the samples using a multi-acid digestion and Atomic Absorption assay procedures.
For more information, including about Cream and its mineral property interests, please visit Cream’s website –www.creamminerals.com.
Frank A. Lang, BA, MA, 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
No regulatory authority has approved or disapproved the information contained in this news release.
