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

Cream Minerals Ltd.

November 16, 2005 09:30 ET

Cream Minerals Discovers Important Gold-Silver Mineralization on Nuevo Milenio, Dos Hornos North Zone

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 16, 2005) - Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FWB:DFL) ("Cream") is pleased to report that, through its 100% owned Mexican subsidiary, Cream Minerals de Mexico S.A. de C.V., it has initiated a program to re-evaluate all gold-silver data accumulated including diamond drill data from the previously reported 2002 and 2003 drill programs on its Nuevo Milenio property located near the city of Tepic, Nayarit State, Mexico. The purpose of the present program is to establish the continuity of grade and mineralized zones in Dos Hornos North and to clarify core loss in DDH 17-03 and DDH 18-03, which was interpreted as having intersected old mine workings.

The program consists of detailed prospecting, geological mapping, sampling, and interpretation of drill data over a 500 meter section on the Dos Hornos Zone, which has a known strike length of 2.5 km as delineated previously by geology, rock sampling and geochemistry.

The work completed to date shows that the Dos Hornos North zone consists of at least four parallel quartz breccia veins within an epithermal alteration and quartz stock work zone 100 to 150 m wide. Assays from drill core, shafts, adits and trenches on Vein 1 have shown that the mineralized vein structure is continuous along strike and to at least 150 meter drill depth.

The sampled width used to calculate the weighted average grade of the mineralized structure is biased towards the narrower roof samples taken underground (sample width, on level 3 below shaft 5 is 1.2 m to 1.8 m). The recently opened 50 meter cross-cut adit intersects the quartz breccia structure about 27 meters below Trench 1 and exposes a vein width of + 4 meters. Sample results are pending.

The indicated Weighted Average grade of all Samples from Vein 1 (see longitudinal Section) is:



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Meters (m) Description Au g/T Ag g/T
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3.73 Quartz breccia zone 2.995 169.34
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Previously reported samples were assayed by Inspectorate Labs, Reno, Nevada. All new samples were assayed by Luis Min (Minas de San Luis, S.A. de C.V. Durango, Mexico). The Nuevo Milenio property is under the supervision of Mr. Ferdinand (Fred) Holcapek, P.Eng., the Company's "Qualified Person" for the purpose of National Instrument 43-101.

A map highlighting assays related to the Nuevo Milenio, Dos Hornos North, Vein 1 project has been posted to the Company's website under the News Releases.

For more information about Cream Minerals Ltd., the Company's mineral property interests or to view the Corporate Presentation, please visit our website at www.creamminerals.com.

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

U.S. 20-F Registration: 000-29870

No regulatory authority has approved or disapproved the information contained in this news release.

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