(via BAYSTREET NEWSWIRE)

Vancouver, British Columbia, July 8, 2008

The Smartstox Online TV Talk Show is alerting its subscribers and other resource stock investors to the progress made by Cream Minerals (TSX-V:CMA)(OTBB:CRMXF)(FTSE:DFL) at their Sierra Leone alluvial diamond leases.

Cream Minerals announced yesterday that they have exported a parcel of diamonds from its mining licences on the Sewa River. This first parcel included 112 stones with a total weight of 53.93 carats with a value estimate made by the Government Gold and Diamond Office (GGDO) of Sierra Leone of US$10,701. This value estimate is the basis upon which the 6% royalty on diamonds payable to the Government of Sierra Leone is established.

The independent valuation indicated an average value of US$198/ct for the parcel that included one 2.92-carat stone valued by GGDO at US$1,071/ct for a total value of US$3,128. This compares favourably with an average value reported for diamonds from the Ekati and Diavik mines in Canada of $140/ct and US$104/ct (Stats Canada 2004 report), respectively.

The 2008 test mining program on the Sewa River license area was undertaken on the flanks of two of the five largest diabase dykes that cross the 500 meter wide river. The success of the program was in large part due to good cooperation between Cream and the local landowners. Some infrastructure work including road maintenance and bridge construction was also completed which improves access for the operations and the villages along the Sewa River.

Noted mining entrepreneur Frank Lang is the president of Cream Minerals and he recently talked to us about their Sewa River leases and their offshore alluvial diamond leases, as well as the work ongoing at their Nuevo Milenio silver-gold project in Mexico and their nickel-copper properties in Manitoba. The interview is available at http://www.smartstox.com/interviews/cma.php.

On July 7th, Cream Minerals Ltd. shares closed up $0.05 to $0.25.

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