RE: RE: Take note,,,,,,, Previous releases announcing successful drill results, (see below) have yet to be addressed - Go to Company website and see news releases for drill results - The 17 million ounces that were addressed in new report have a street value of $510 million, (using $30 oz value) and these resources are near surface, (150 metres or less) making recovery/extraction costs very low. While some may call this a pig, it still has wings, it can still fly.
1 - Vancouver, BC --January 17, 2012 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to provide results for the remaining two exploration drill holes on Once Bocas South. The Once Bocas South zone is a new area of silver and gold mineralization associated with quartz veins and quartz stock work zones. Once Bocas South is thought to be a displaced segment of Once Bocas North and it is not included in the current NI 43-101 Inferred Mineral Resource. Results of the first four holes were released on November 10, 2011.
The portion of the 2011 drilling program devoted to Once Bocas South was intended to test for and identify a quartz vein - quartz stock work zone as well as confirm anticipated width and strike length based on surface mapping of limited outcrops, float train and a geochemical survey. An anticipated width of 30 metres and strike length of 600 metres possibly containing three quartz veins was expected. The drill program confirmed a width in excess of 100 metres, a strike length of 230 metres (with a further 370 metres to be tested) and eight quartz zones yielding gold and silver values.
2 - Vancouver, BC - February 9, 2012 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to announce a new discovery at Nuevo Milenio. Drill hole VT 07-11, an exploration drill hole, oriented NE from the higher grade Veta Tomas vein, intercepted three previously unknown quartz zones with the widest being 4.46 metres. These quartz veins are within a broader intercept of approximately 72 metres.
3 - Vancouver, BC -- February 16, 2012 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to provide results for seven exploration drill holes completed on Cafetal-Veta Olvidada, The Cafetal-Veta Olvidada zone is located to the east of Once Bocas South and trends SE/NW. This new zone is not included in the current NI 43-101 Inferred Mineral Resource.
Cafetal-Veta Olvidada is contained within the much larger Area Cafetal which has dimensions of approximately 600 metres by 325 metres. Cafetal-Veta Olvidada is a poorly exposed 10 metre wide composite zone of quartz breccia and quartz veins-quartz stock work exhibiting intense weathering and oxidation. Detailed geological mapping conducted in 2010 located quartz float trains, sub outcrops and veins with associated quartz stock work. Other parallel quartz veins quartz stock work zones have been mapped within Area Cafetal.
4 - Vancouver, BC -- February 27, 2012 - Cream Minerals Ltd. (TSX-V: CMA) ("Cream" or the "Company") is pleased to announce in-fill drill results for four holes testing the Once Bocas North Zone at Nuevo Milenio. Drill holes OBN 09-11 to OBN 12-11 tested the central section of Once Bocas North returning good values over widths ranging from four metres to 22 metres.
Once Bocas North
Once Bocas North is a broad moderate to intense hydrothermal alteration zone which hosts numerous well developed quartz veins and associated quartz stock work. The zone has an indicated width of 100 metres and an indicated strike length of 1,000 metres (mapped on surface) of which 450 metres were drill tested during the 2011 drill program. Employing a cut-off grade of 131 g/t silver equivalent and metal prices at the time of USD$10.28 silver and USD$816.09 gold the contained silver at Once Bocas North is 15.6 million ounces as reported in the Revised NI 43-101 Report, dated December 24, 2008 by F. Holcapek, P. Eng.