The NI 43 - 101 Compliant Inferred Mineral Resources were revised to reflect changes in silver and gold prices, hence requiring the selection of sample sections with Higher Grades and/or Narrower widths from the existing data base used for the Inferred Mineral Resource calculations as reported in the NI 43 -101 compliant Reports, dated Feb 12, 2006 and Jan 30 2008. In particular, Dos Hornos Segment 1 has a reduced width from 7.13 m to 4.67 m and Dos Hornos Segment 2 from 14.88 m to 4.34 m but retaining the horizontal and vertical dimensions for each individual Mineralized Block as used for the calculation of Inferred Mineral Resources, as reported, in the Ni 43 - 101 compliant report dated Jan 30, 2008. At Once Bocas only the higher grade and continuous veins were selected. The strike length of 300 m, as used for the open pit, was retained but the down dip dimension was taken as 250 m. The continuity of mineralization along strike and down dip of the vein structures was preserved.

Dos Hornos Segment 1:

4.70* weighted average width of Block 1 to 6
Dos Hornos Segment 2:

4.06* weighted average width of Block 1 to 6
Veta Tomas: No changes from NI 43 - 101 Jan 30, 2008

5.06* weighted average width of Block 1 to 6
Veins Once Bocas North of Creek:

2.20* weighted average width vein 2 and 3
Veins Once Bocas South of Creek:

2.73* weighted average width vein 2 and 3

Work in progress includes further surface prospecting and sampling to identify new zones of mineralization, testing of recently identified mineralized zones and continued review and sampling of historical Spanish underground workings. The Company has designed an underground work program intended to upgrade current mineral resources as well as identify additional mineral resources. The underground program may require two years to complete and will include the construction of tunnels, approximately 8,000 metres of underground diamond drilling, a bulk sampling program and metallurgical studies. Upon completion of the work program is anticipates that the reported underground and open pit Inferred Mineral Resource of 54.6 million ounces silver equivalent (50:1gold-silver ratio) will be upgraded to a Measured and Indicated Resource. In addition the Company expect to add additional NI 43-101 compliant Inferred Mineral Resources indicated within Mineral Resource Targets, in close proximity to the current Inferred Mineral Resources (see news release dated May 21, 2008).

Mr. Ferdinand Holcapek, P. Eng., Director and Administrator General, Cream Minerals De Mexico, SA de CV, supervises exploration programs on the Nuevo Milenio Project. He is responsible for all technical reporting and is the Company's "Qualified Person" for the purpose of National Instrument NI 43-101.

A Panoramic View of the Nuevo Milenio mineralized structures, which outlines the three main areas of Mineralization as well as additional defined areas of mineralization extending over a 5 km distance is can be seen below.

To learn more about Cream Minerals or view a recent Resource World article on the Company please click here www.creamminerals.com

For further information, please contact:

Frank A Lang, BA, MA, P.Eng.
Chairman

Michael E. O'Connor
President & CEO

Robert Paul, Investor Relations
Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400
Email: info@creamminerals.com