VANCOUVER, BC (June 28, 2010) – Cache Exploration Inc. (TSX-V: CAY) is pleased to announce that the Company has signed a property option agreement on the 160 claim Long Lake Property in northern New Brunswick.

Cache may earn a 100% interest for the issue of 250,000 common shares over 3 years to the property vendors, incurring $250,000 of exploration expenditures over 3 years, and making property option payments of $50,000 over 3 years. The property vendors will retain a 2.5% NSR of which Cache has the right to purchase 1% for $1,000,000.

Cache is also pleased to report that the company 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.

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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