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VANCOUVER, BC (MARCH 5, 2010) – Cache Exploration Inc (TSX-V: CAY) (“Cache Exploration” or the “Company”) is pleased to announce the execution of 2 option agreements to earn a majority interest in three rare-earth element prospective properties.

OPTION AGREEMENTS
Cache Exploration has signed an option agreement with BullRun Investments dated March 4,2010 (the “Welsford Option Agreement”) pursuant to which Cache Exploration will earn an 80% interest in the Welsford Property located in New Brunswick, Canada by:

1. paying the optionor $63,500 upon signing of the Welsford Option Agreement;
2. expending a total of $1,550,000 in exploration funding on the Welsford Property during the first five years of the Welsford Option Agreement; and
3. paying the optionor $250,000 at the expiration of the fifth year of the term of the Welsford Option Agreement.

After exercise of the option, Cache Exploration has also agreed to pay the optionor annual advance royalty payments until delivery of a feasibility study to the optionor.

In addition Cache Exploration has also signed an option agreement with Kulwant Malhi dated March 4, 2010 (the “Cross Hills and Louill Hills Option Agreement”) to earn an 80% interest in both the Cross Hills Rare Earth and the Louill Hills Rare Earth properties located in Newfoundland, Canada by:

1. paying the optionor $23,500 upon signing Cross Hills and Louill Hills Option Agreement;
2. expending a total of $450,000 in exploration funding on the Cross Hills Rare Earth and the Louill Hills Rare Earth properties during the first five years of the Cross Hills and Louill Hills Option Agreement; andpaying the optionor $250,000 at the expiration of the fifth year of the term of the Cross Hills and Louill Hills Option Agreement. After exercise of the option, Cache Exploration has also agreed to pay the optionor annual advance royalty payments until delivery of a feasibility study to the optionor.

PDAC

The Company’s management will be attending the PDAC Investor’s Exchange this coming week in Booth # 3322.
Sunday March 7, 2010 10:00 AM to 5:30 PM; and
Wednesday March 10, 2010 9:00 AM to 12 Noon

ADDITIONAL INFORMATION
Additional information concerning Cache Exploration is contained in documents filed by Cache Exploration with securities regulators, available under the company's profile at www.sedar.com.

CACHE EXPLORATION INC
Thomas Kennedy – Chief Executive Officer
Suite 804 - 750 West Pender Street
Vancouver, BC V6C 2T8
604-682-2928

FORWARD-LOOKING STATEMENTS
_{Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved. With respect to forward-looking statements and information contained herein, we have made numerous assumptions. Forward-looking statements and information include statements regarding our planned exploration expenditures, and are subject to forward-looking risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks include mineral price volatility, changes in equity markets, increases in costs and other risks involved in the rare-earth element exploration industry. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law. All forward-looking statements and information herein are qualified by this cautionary statement.}

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.