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Cream
Minerals Ltd. (TSX-V: CMA)
("Cream") is
pleased to provide a sketch map of the current activity on mineralized
sections within the Nuevo Milenio gold-silver project, located 20 km from
Tepic, Nayarit State, Mexico. The sketch
shows the large extent of the area of interest, approximately 3 X 4 km in
size, and the particular areas of present activity, including the three major
zones, Dos Hornos, Once Bocas and Cerro Chacuaco, east to west. There are numerous mineralized outcrops of
gold-silver bearing quartz veins, breccias and stockwork, virtually untouched
for 200 years since early Spanish mined for high-grade gold and silver to
send to Spain.
DOS HORNOS
ZONE
At
Dos Hornos, diamond drilling is progressing towards the south end of the
detailed area in the attached map to investigate the continuance of the zone
of inferred mineral resources to the north, south, depth and width. The inferred minerals resource has been
reported as follows:
Inferred Mineral
Resource for Dos Hornos Zone reported February 2, 2006 News Release:
|
Strike
Length
|
Down
Dip
|
Average Width
|
Au
g/T
|
Ag
g/T
|
S.G
T/cu.m
|
|
700 m
|
150 m
|
5.50 m
|
2.827
|
178.05
|
2.65
|
1,530,000 Tonnes, Au: 139,000
oz, Ag: 8,760,000 oz
At
present, up to 14-diamond drill holes have been completed under the present
drilling program with assays waiting for all but two. DDH 02-06 showed excellent high-grade
of 19.39 g/T gold and 130.00 g/T silver over 2 metres, within a drill width
of 28 metres (approximately 20-metres true width) of 1.647 g/T gold and 78.88
g/T silver.
ONCE
BOCAS ZONE
At
Once Bocas, prior drilling outlined a potential open pit zone containing an
inferred mineral resource as follows:
Inferred Mineral Resource for Once Bocas Zone reported February 28,
2006 News Release:
|
Strike Length
|
Down
Dip
|
Average
Width
|
Au
g/T
|
Ag
g/T
|
S.G
T/cu.m
|
|
350 m
|
125 m
|
100 m
|
0.345
|
57.90
|
2.65
|
11,590,000 Tonnes, Au:
129,000 oz, Ag: 21,580,000 oz
CERRO CHACUACO ZONE
At
Cerro Chacuaco, work has outlined a large zone with previous old Spanish
workings along a 600 metre ridge.
This zone may have potential for future open pit operations (see News
Release dated February 6, 2007). Some
assays from this area were previously reported at Mina Chacuaco, where an old
20 meter two-level cross-cut assayed 0.642 g/T gold and 145.15 g/T silver;
with the highest value being 0.959 g/T gold and 265.00 g/T silver over 2
meters.
It
is important to note that all three zones appear to be converging towards a
common junction, some one or two km south, which may become an important
target for future mineralization. At
present, no work is being done in this area until proper road access can be
completed.
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.
A map of the general geology of the Nuevo Milenio
Project, showing the three major zones is attached to this news release. For more information, including video presentations,
about Cream and its mineral property interests, please visit Creams website
www.creamminerals.com.
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