Cream Minerals Ltd. announces that there will be a delay in filing the National Instrument 43-101 compliant technical report to support the updated mineral resource estimate at the Company’s 100%-owned Nuevo Milenio Silver Gold Project in Nayarit State, Mexico. Pursuant to NI 43-101, the Technical Report is required to be filed on or before September 13, 2012, being 45 days from the date of the announcement on July 30, 2012 of the completion of the Updated Independent Mineral Resource Estimate. The Technical Report is being prepared by Dr. Derek McBride, P.Eng., a qualified person independent of the Company under NI 43-101. For more information regarding the Updated Independent Mineral Resource Estimate, please refer to the Company’s news release of July 30, 2012.