Cream Minerals Ltd. (Cream) is an exploration-stage company. The Company is a natural resource exploration company. It is in the business of acquiring and exploring mineral properties. During the fiscal year ended March 31, 2011, the Company is focused on exploration of the Nuevo Milenio Silver-Gold Property in Mexico. Cream also has a portfolio of early-stage mineral exploration projects in British Columbia and Manitoba that may contain silver, gold, and other mineralization. Its primary exploration project is Nuevo Milenio, located south of Tepic in the municipality of Xalisco, State of Nayarit, Mexico. The Company holds an option to acquire a 100% interest in the Goldsmith property located near Kaslo, British Columbia. On September, 2011, the Company completed the diamond drill program at Nuevo Milenio.