Cream Minerals Reports Drill Results For The Nuevo Milenio Silver - Gold Project, Mexico
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Vancouver, BC - June 21, 2011 - Cream Minerals Ltd.(TSX-V:CMA) ("Cream" or the "Company") is pleased to release assays for an additional five drill holes from the 2011 exploration program at the 100% owned Nuevo Milenio Silver - Gold Project. Assays from the five holes announced today along with two assays announced on March 30, 2011 represent drilling on five sections of Dos Hornos 1. A total of 13 diamond drill holes including three prospect drill holes have been completed on Dos Hornos 1. Assays are pending for three additional holes. The Company is pleased to note that the current drill program results combined with the results of the 2003 and 2006 drill programs appear to confirm the continuity of the Dos Hornos 1 structure.
Nuevo Milenio is a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein quartz stock work zones within an area of Miocene volcanics in a collapsed caldera structure. Nuevo Mileno contains a NI 43-101 compliant Inferred Mineral Resource of 54.6 million ounces silver equivalent contained within 5.09 million tonnes. The average silver grade is 251 g/t and the average gold grade is 1.66 g/t. For complete details of the Inferred Mineral Resource see Table - Revised NI 43-101 Report, dated December 24, 2008 on page three of this news release.
Highlights of the Drill Results
Highlights include significant drill intersections (intersections are drill widths not true widths)
Section 3: DH 1 - 08 - 11; - Segment One151.40 g/t Ag and 0.389 g/t Au over 4.60 metres including 184.57 g/t Ag and 0.415 g/t Au over 2.60 metres and, 544.80 g/t Ag and 1.763 g/t Au over 0.60 metres
Section 4a: DH1 - 09 - 11;105.32 g/t Ag and 0.649 g/t Au over 5.0 metres including 174.80 g/t Ag and 1.167 g/t Au over 2.0 metres
Section 4a DH1 - 10 - 11;140 g/t Ag and 0.832 g/t Au over 5.20 metres including, 206.73 g/t Ag and 1.308 g/t Au over 3.20 metres, and 336.20 g/t Ag and 1.308 g/t Au over 1.70 metres
ASSAY RESULTS
DDH - 03 refers to holes drilled in 2003, DDH - 06 refers to holes drilled in 2006
Section 1: The objective of DH 1 - 03 - 11 and DH1 -05 -11 was to test the down dip segment of the mineralized structure between DDH 17 - 03 and DDH 1 - 06. The drill hole cut a subparallel fault zone of lower grade.
DH 1-03-11
Sample
#
From
m
To
m
Intercept
m
Intercept
ft
Au
g/t
Ag
g/t
Quartz Vein parallel to dos Hornos
51792
36.00
38.00
2.00
6.56
0.326
1.60
quartz Vein, broken,
51810
78.00
80.00
2.00
6.56
0.202
43.00
quartz Vein, faulted, breccia
51811
80.00
82.00
2.00
6.56
0.044
15.90
Fault unknown
Fault, Stockwork
51819
96.00
98.00
2.00
6.56
0.07
5.20
Fault Stockwork
51820
98.00
100.00
2.00
6.56
0.161
9.00
DH 1-05-11
Sample
#
From
m
To
m
Intercept
m
Intercept
ft
Au
g/t
Ag
g/t
qtz vein
51880
4.00
5.20
1.20
3.936
0.12
28.20
qtz vein
51887
49.00
49.80
0.80
2.624
0.009
25.50
51888
49.80
50.50
0.70
2.296
0.100
43.20
qtz vein
51902
165.50
167.50
2.00
6.56
0.025
18.10
Section 3:
Shaft 5 with 3 sublevels is an old Spanish working that has been employed to explore the near surface portion of Dos Hornos 1. The sublevels are an average of 1.30 metres wide, 20 to 30 metres long, and 7 metres apart. DH1-01-11 and DH1- 08-11 were drilled to test the down dip segment between Surface and DDH 02-06 (Roca twin hole NM 01-10) and between DDH 02-06 and DDH 03-06.
DH 1-08-11
Sample
#
From
m
To
m
Intercept
m
Intercept
ft
Au
g/t
Ag
g/t
Segment 1
Weighted average
52028 - 42
163.50
190.80
27.30
89.54
0.111
56.51
including
52031 - 39
169.70
184.80
15.10
49.53
0.186
88.63
including
52031 - 36
169.70
178.80
9.10
29.85
0.229
95.98
including
52031- 35
169.70
176.80
7.10
23.29
0.285
114.02
including
52033 - 35
172.20
176.80
4.60
15.09
0.389
151.40
including
52033 - 34
172.20
174.80
2.60
8.53
0.415
184.57
including
52033
172.20
172.80
0.60
1.97
1.763
544.80
Segment 2
weighted average
52049 - 52
202.80
208.80
6.00
19.68
0.300
56.97
incluiding
52051 - 52
205.94
208.80
2.86
9.38
0.542
92.04
including
52051
205.94
206.80
0.86