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

Cream Minerals Ltd.

May 02, 2007 09:30 ET

Cream Minerals Ltd.: Drill Results for DDH 15 to DDH 18-06 Confirm Continuity of Dos Hornos Zone, Mexico

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 2, 2007) - Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream" or the "Company") is pleased to report results for Diamond Drill Holes 15 - 06 to DDH 18 - 06, located along the Dos Hornos Zone 1 South extension within the Nuevo Milenio gold - silver property, Nayarit State, Mexico.

Diamond drill assays confirm the grade continuity of gold - silver mineralization along the Dos Hornos Zone 1.



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From To Width Au Ag
Description Sample (m) (m) (m) (g/T) (g/T)
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DDH 15 - 06 VERY OXIDIZED
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Weighted Average 295526-33 82.10 97.00 14.90 0.322 59.52
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Including 295529-33 87.00 97.00 10.00 0.394 82.58
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Including 295529-31 87.00 93.00 6.00 0.603 119.90
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Including 295529-30 87.00 91.00 4.00 0.827 159.75
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Including 29530 89.00 91.00 2.00 0.934 221.50
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DDH 16 - 06 VERY OXIDIZED
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Weighted Average 295561-63 73.50 79.20 5.70 0.604 83.98
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Including 295561-62 73.50 77.20 3.70 0.847 116.29
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Including 295561 73.50 75.50 2.00 0.800 206.30
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DDH 17 - 06 Located along a parallel vein structure and has no
significant values.
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DDH 18 - 06 Mina San Miguel
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Weighted Average 295611-15 91.20 101.20 10.00 0.798 88.36
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Including 295611-14 91.20 99.20 8.00 0.959 107.20
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Including 295611-13 91.20 97.20 6.00 1.223 140.07
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Including 295611-12 91.20 95.20 4.00 1.783 203.20
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DDH 19 - 03 Included to compare assays with DDH 18 - 06. Both are
in the Same Section Below Mina San Miguel.
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Weighted Average 182579-84 34.00 46.00 12.00 0.310 74.12
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Including 182581-84 38.00 46.00 8.00 0.410 102.88
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Including 182581-82 38.00 44.00 4.00 0.500 154.50
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Including 18282 40.00 42.00 2.00 0.670 182.00
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Core from diamond drill holes DDH 19 - 06 and 20 - 06 has been submitted for assay to Inspectorate Laboratory in Reno, Nevada, with results anticipated within three weeks.

Diamond drilling is presently continuing at DDH 22 - 06 to DDH 28 - 06 with the objective to test the southern extension and to provide infill information (see attached longitudinal drill sections). Results to date have shown that Dos Hornos Zone 1 has good continuity in mineralization along both strike and down dip, even though core recovery within the Vein - Fault - Breccia zone continues to be poor.

Based on results obtained to date, access roads and additional drill sites have now been constructed. During this phase of work, additional previously unknown old Spanish adit sites and shafts, now caved, were located from Mina Santa Gertrudis about 400 meters south, extending the known surface trace of Zone 1 to a total length of 1,700 meters. The zone is still open to the South and to the North. Approximately 100 meters south of Mina Santa Gertrudis, a drill site has been prepared to test the southern extension.

A total of 49 core samples, from 8 different drill holes were check assayed for base metals, etc. The table below shows maximum values of metals assayed.



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AS Bi Cu Mo Pb Sb Zn
ppm ppm ppm ppm ppm ppm ppm
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38 35 618 10 2,801 28 2,446
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The above table suggests that none of the base metals or trace elements are of importance. The Dos Hornos Zone 1 mineralization appears to consist of mainly gold and silver.

Mr. Ferdinand (Fred) Holcapek, P. Eng., is supervising 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 P. Eng., consultant to the Company.

For more information, including about Cream and its mineral property interests, please visit Cream's website - www.creamminerals.com.

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

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

To view longitudinal drill sections please click on the following link: http://www.ccnmatthews.com/docs/longitudinal%20drill%20sections.pdf

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

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