Cream Minerals Reported In-Fill Drill Results for Once Bocas North, Nuevo Milenio Silver-Gold Project

- December 6th, 2011

In-fill drill results for the Once Bocas North Zone at Nuevo Milenio have been announced by Cream Minerals Ltd. (TSXV:CMA,OTCBB:CRMXF,FWB:DFL).

In-fill drill results for the Once Bocas North Zone at Nuevo Milenio have been announced by Cream Minerals Ltd. (TSXV:CMA,OTCBB:CRMXF,FWB:DFL).

As quoted in the press release:

Highlights include significant drill intersections (intersections are drill widths, true widths are 50% to 70% of drill intersected width depending on drill inclination):

  • OBN 02-11: 56.48 g/t Ag and 1.234 g/t Au 18 metres, 55.18 g/t Ag and 1.707g/t Au over 12 metres, 69.35 g/t Ag and 4.656 g/t Au over 4 metres, and 118.8 g/t Ag and 9.240 g/t Au over 2 metres.
  • ASSAY RESULTS:
    • OBN 01-11 was drilled at 220, -50 with the objective of testing the down dip extension of the mineralized zone cut by drill hole DDH 09-03 and DDH 06-03 in 2006. The hole did not intersect the zone from DDH 09-06 suggesting it may have been drilled in the FW of a fault identified in 2006.
    • OBN 02-11 tested the up dip section of the mineralized zone of defined by DDH 09-06. A fault intersected at the collar of the hole is interpreted as being the same fault cut by DDH 09-06.

In-fill drill results and geological mapping on the Once Bocas North zone have extended the strike length by 120 metres for a total strike length of 420 metres to the NW with good continuity of the structure. Faulting including multiple fault structures remains a challenge to drill testing Once Bocas North as was the case in 2002 and 2003. Similar to the drill results of Dos Hornos 1, Dos Hornos 2 and Veta Tomas drill holes that intersected faults showed low to nominal assay values as can be seen in OBN 01-11. However OBN 02-11 which tested the up dip section of the mineralized zone defined by DDH 09-06 intersected a broad zone 18 metres wide returning good values including 118.8 g/t Ag and 9.240 g/t Au over 2 metres. This suggests the possibility of good mineralization above and below fault zones.

The intersection of OBN 03-11 appears to be on strike with Mina Crucero which is located 140 metres to the NW. This zone was identified and explored by an old incline cutting up to three metres of quartz veining in a cross-cut dating back to Colonial times located along the apparent trace of Once Bocas North. Old, shallow trenches appear to follow the trace of the Minera Crucero zone northwesterly.

Click here to read the Cream Minerals Ltd. (TSXV:CMA,OTCBB:CRMXF,FWB:DFL) press releaseSee this press release on Marketwire
Click here to see the Cream Minerals Ltd. (TSXV:CMA,OTCBB:CRMXF,FWB:DFL) profile.

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