VANCOUVER, BC (October 25, 2010) – Mr. Tom Kennedy of Cache Exploration Inc. (TSX-V: CAY) is pleased to announce that the Company has signed a drill contract with Vic Progressive Diamond Drilling Inc. of Sussex, New Brunswick to diamond drill on the 160 claim Long Lake Property under option in northern New Brunswick (June 28, 2010 news release).  The diamond drill was mobilized on the property on October 14, 2010 and drilling has commenced.  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.

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.

Moderate to strong chargeability and low to moderately low resistivity readings are almost continuous from about 500E to the east end at 1200E of L-1800N.  Historical diamond drill hole 80-2 was located approximately on L-1800N at about 900E and was drilled to a depth of 88 meters at -45º dip and bearing of 195º. Alteration and mineralization was reported in the hole that included 0.14% Pb and 11.4 g/t Ag over 0.5 ft.  However, it was noted that the upper part of the hole (above about 25 meters) “appeared the most fractured; it was also heavily limonitized with many leached quartz vugs present, suggesting that this section was at one time sulphide-rich”. Till geochemical anomalies associated with this section of anomalous IP include up to 205 ppm Pb, 450 ppm Zn, 635ppm Cu. 4.0 ppm Ag, 76.5 ppm Sb,  164 ppm Mo and 29 ppm W.  The Company is of the opinion that the extensive chargeability and resistivity anomalies on L-1800N and adjacent lines may be due to multiple sheeted layers. Drill hole 80-2 would have only tested about 50 meters across the IP anomaly that extends across more than 500 meters along L-1800N. Two holes of approximately 335 meters each are planned to test anomalous IP and till geochemistry along L-1800N.

Anomalous values of Cu-Pb-Zn-W coincide with chargeability and resistivity anomalies at about 400E to 500E on L-1400N. One hole of 110 meters is planned 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-800N. This line was surveyed by a gradient array IP that identified a strong resistivity anomaly but no significant chargeability anomaly. In order to better define this anomaly, dipole-dipole IP is to be carried out on L-600N and adjacent lines. Several more till samples are to be taken with a Pionjar in this area. One drill hole of 110 meters is proposed to test this target.

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 intends to mobilize the drill to the Welsford REE Properties after completion of the Phase 1 drill program at the Long Lake Property. Cache has received a New Brunswick Junior Mining Assistance Program (NBJMAP) grant of $40,000 or 50% of eligible costs up to $80,000 for the Welsford REE Properties. 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 This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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