Cream Minerals Ltd.
OTC Bulletin Board : CRMXF
TSX VENTURE : CMA
FRANKFURT : DFL

Cream Minerals Ltd.

October 24, 2007 08:30 ET

Cream Minerals Confirms Dos Hornos Gold-Silver Zone to 1.3Km Length, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 24, 2007) - Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream") is pleased to report that diamond drill results continue to confirm the continuity and grade of the Dos Hornos Gold-Silver Zone, Nuevo Milenio property, Nayarit State, Mexico.

Three diamond drill holes, DDH 07-30 to 32, were drilled to confirm continuity and to trace mineralization intersected in previous holes, DDH 10 - 06 to DDH 16 - 06 located nearby (See news releases dated March 21st, April 17th and May 2nd of 2007).

One of the better sections is found in DDH 07 - 32 where a drill core length of 7.80m. (25.6 ft.) averaged 153.95 g/t silver and 0.858 g/t gold from 96.00 to 103.80 meters depth in the hole. This intersection included 4.00 m (13.12 ft.) which averaged 296.51 g/t silver and 1.436 g/t gold from 99.80 to 103.80 meters.

Drill hole DDH 07 - 30 was drilled at -46 degrees approximately 60 m N/W of previously reported hole DDH 16 - 06 and cut a wide quartz stockwork fault zone, but failed to hit the mineralized zone. There were no significant assays.

Drill hole DDH 07 - 31 was much more successful. It was drilled at -55 degrees in the same section as DDH 15 - 06, approximately 60 m. NW of DDH 07 - 30. It intersected a strongly oxidized part of the mineralized quartz vein, just below a fault zone which moved the mineralization approximately 25m NE and 25m upwards.

Assays for DDH 07-31 are as follows:



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DDH 07 - 31 Sample # From to m ft Au g/t Ag g/t
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Weighted average 295561 136.00 140.00 4.00 13.12 1.260 8.70
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Weighted average 687587 - 88 164.00 168.00 4.00 13.12 0.660 101.50
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Including 687588 166.00 168.00 2.00 6.56 0.469 138.00
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DDH 07 - 32 was drilled at -45 degrees approximately 40m from DDH 15 - 06 where it intersected a less oxidized mineralized structure over a core length of 29.5 metres. Assays for this hole are as follows:



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DDH 07 - 32 Sample # From to m ft Au g/t Ag g/t
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Weighted average 687601 - 15 86.00 117.50 29.50 96.76 0.536 70.19
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Including 687601 - 04 86.00 94.00 8.00 26.24 1.561 69.35
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Including 687606 - 09 96.00 103.80 7.80 25.58 0.858 153.95
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Including 687608 - 09 99.80 103.80 4.00 13.12 1.436 296.51
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The NI 43 - 101 report titled, "Geological Report on the Dos Hornos and Once Bocas Gold Silver Structure, Nuevo Milenio Project" and dated February 16, 2006 (the "Report"), prepared by Mr. Ferdinand (Fred) Holcapek, P.Eng. Geology, for the Company will be updated upon receipt of assays for the recently completed three holes; DDH 07 - 33, DDH 07 - 34; and, DDH 07 - 35. At the time the Report was completed, the Dos Hornos Zone was known to be 700 metres in length. The Dos Hornos Zone has now been confirmed for 1,300 meters (3/4 mile) in length and remains open to the North and South. The Report demonstrated an inferred resource for the Dos Hornos and Once Bocas Zones, as follows:



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S.G
Zone Strike Length Down Dip Average Width Au g/t Ag g/t T / cu.m
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Dos Hornos 700 m 150 m 5.50 m 2.827 178.05 2.65
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Once Bocas 350 m 125 m 100 m 0.345 57.90 2.65
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Dos Hornos: 1,530,000 Tonnes Au: 139,000 oz Ag: 8,760,000 oz
Once Bocas 11,590,000 Tonnes Au: 129,000 oz Ag: 21,580,000 oz
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Total 13,120,000 Tonnes Au: 268,000 oz Ag: 30,340,000 oz


Mr. Ferdinand (Fred) Holcapek, P.Eng. Geology, is supervising the exploration programs on the Nuevo Milenio property and is the Company's "Qualified Person" for the purpose of National Instrument 43 - 101. Mr. Holcapek is responsible for the technical information contained in this news release, which has been vetted by Dr. A. D. Drummond, Ph.D. P.Eng., consultant to the Company.

Frank A. Lang, BA, MA, P.Eng., President and CEO

This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

U.S. 20-F Registration: 00029870

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release.

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