Cream Suspends Kaslo Drill Program Due to Drill Related Problems.

VANCOUVER, British Columbia -- Cream Minerals Ltd. (OTCBB:CRMXF) (TSX VENTURE:CMA) has suspended the diamond drill program on its Kaslo Silver Property, located near Kaslo in south-eastern British Columbia. This two hole drill program was designed to test the lateral and down dip extensions of the high grade silver mineralization found within the strongly faulted Silver Bear shear structure.

Diamond drilling was suspended after attempts to drill through the highly mineralized fault zone were unsuccessful. The initial drill hole was abandoned at 34 metres when the drill proved incapable of coring the shear zone. A second steeper angled drill hole was successful in intersecting the hanging wall of the mineralized shear structure. However, the second hole did not penetrate through the entire width of the shear zone and did not intersect the high-grade footwall mineralization.

Although the drill holes did not reach their proposed depth, the width and intensity of the intersected shear structure is very encouraging. Prior drilling by Cream in 1998 returned values up to 2,271 g/t silver over 0.51 metres within a 3.25 metre interval that assayed 390.05 g/t silver from drill hole 98SB-05. The highest silver values intersected in the previous drill program were obtained from the strongest part of the shear zone tested during that program. These step out holes intersected what appears to be broader and more intense shearing that may be related to higher grade silver values.

The company proposes to return to the Silver Bear area of its Kaslo Silver Property and continue the drill program using a reverse circulation drill.

For more information about Cream Minerals Ltd. and its projects, please visit our website at www.creamminerals.com.

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

SEC 12g3-2(b): 82-4741

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