Cream Minerals Reports Drill Results For The Nuevo Milenio Silver - Gold Project, Mexico

Click Here for a Free Real-time Stock Quote on TSX-V: CMA

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