Toronto, Ontario (December 7, 2010) – Mr. George A. Brown, President of Cache Exploration Inc. (TSX-V: CAY) is pleased to provide an update on the drill program at the 160 claim Long Lake Polymetallic Property under option in northern New Brunswick. Arthur Hamilton, P.Geo. is a Qualified Person as described in National Instrument 43-101 and is responsible for the technical information contained in this news release.

The Company completed a four diamond drill hole program on December 2, 2010. The drilling was conducted by Vic Progressive Diamond Drilling Inc. of Sussex, New Brunswick. Intrusion-related breccia and/or vein mineralization has been identified at a number of locations in the region. Historical work has identified a northwest trending structural control on mineralization in the area and a north-south structural trend may be locally important.

An extensive zone of anomalous chargeability and resistivity identified by and induced polarization survey is coincident with anomalous till samples on L-1800N that range up to 4.0 ppm silver, 635 ppm copper, 205 ppm lead, 433 ppm zinc, 29 ppm tungsten and 164 ppm molybdenum. Historical drill hole 80-2 would have only tested about 50 metres across the IP anomaly that extends across more than 500 metres along L-1800N. Two holes of approximately 335 metres each were planned to test anomalous IP and till geochemistry along L-1800N. Hole #1 was completed to a length of 325 metres and Hole #2 was completed to a length of 345 metres.

Anomalous values of Cu-Pb-Zn-W coincide with chargeability and resistivity anomalies at about 400E to 500E on L-1400N. Hole #3 was completed to 167 metres to test this anomaly.

Strongly anomalous values including up to 24.5 ppm Ag, 143 ppm Sb, 371 ppm Cu, 336 ppm Pb and 1,260 ppm Zn were identified in till samples from 800E to 1000E on L-600N. The anomalous till samples are associated with a resistivity anomaly identified by a gradient array induced polarization survey. In order to provide additional data to be used to determine the location, orientation, and target length of Hole 4, a 1,200 metre dipole-dipole Induced Polarization (IP) survey was completed in November 2011 by Vickers Geophysics Inc. of Bathurst, New Brunswick. This target was tested by Hole #4 completed to a length of 218 metres.

All core is being split, logged, and sampled with core samples, assay standards and blanks being sent to for assay to Activation Laboratories Ltd. in Ancaster, Ontario. Results of this program are expected in January 2011.

Cache has received a New Brunswick Junior Mining Assistance Program (NBJMAP) grant of $45,000 or 50% of eligible costs up to $90,000 for the Long Lake Property. The NBJMAP program is a financial assistance program for junior companies, and provides up to 50% of eligible costs for mineral exploration programs to a maximum of $50,000. The NBJMAP provides valuable assistance which increases the probability of finding economically viable mineral resources in New Brunswick.

Cache Exploration is a well funded company with a focus on exploring for REE deposits. Cache is exploring the Welsford REE Properties in New Brunswick, the Cross Hills REE Property in Newfoundland which is adjacent to the Rockbridge Resources REE Property and the Louil Hills REE Property in Newfoundland. All four Cache REE properties have proximity to available infrastructure and are considered to have excellent potential for rare earth mineralization. Cache intends to commence a diamond drill program at the Wellsford REE Properties after completion of the current drill program at the Long Lake Property.

Additional information concerning Cache Exploration is available at www.sedar.com and on the Cache website at www.cacheexploration.com. For additional information please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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