North Bergen, NJ 9/11/2009 11:56:14 PM
News / Business

Cream Minerals (OTCBB: CRMXF) Announces Roca Mines Completes Geological Review

Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream" or the "Company") is pleased to announce that Roca Mines Inc. ("Roca") has completed a recent geological project review and program-planning visit to the Nuevo Milenio Gold/Silver Project using Ing. German Francisco, Project Geologist, CMA as guide.

 

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 Roca's work included a comprehensive review of Cream drill sites, trenches, historical Spanish workings, new mapping by Cream and re-logging of eight diamond drill holes. The work took place between August 28th to 30th, 2009 and was conducted by Mr. Robert Lane, P.Geo. Mr. Luis Igreda, P.Geo. and Mr. Paul Albers. Field reports have now been received that confirm the potential and geological opportunities at Nuevo Milenio. Through an option agreement announced previously, Roca has a right to acquire up to a 70% interest in Cream's Nuevo Milenio Gold/Silver Project through spending $US12 million over a four year period followed by the completion of a feasibility study. The Nuevo Milenio Project encompasses 2,560 Hectares (Ha) and is located 27 kilometres (km) by road from Tepic, the capital city of Nayarit State, Mexico. Tepic is an important commercial centre with a population of over 300,000 people located 150 km northeast of Puerto Vallarta. Access to railway, airport, power lines and water are within reasonable distance of the Nuevo Milenio Project providing cost effective access to infrastructure. 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.

 

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