TORONTO, ON (May 31, 2011) – George A. Brown, President & CEO of Cache Exploration Inc. (TSX-V: CAY) is pleased to announce that on May 30, 2011 the Company has filed on SEDAR the Unaudited Financial Statements and Management Discussion and Analysis for the three months and six months ended March 31, 2011.

Highlights include:

• Cash on hand of $1,720,904 as at March 31, 2011
• Current Assets of $1,965,545 as at March 31, 2011
• Exploration expenditures of $443,447 in the six months to March 31, 2011
• Administrative and General Expenses of $141,892 in the six months to March 31, 2011 representing less than $25,000 per month expenses related to operating the public listed company
• 60% of the original founders escrow shares that are being released over a three year period are still under escrow as at March 31, 2011
• The Company intends to spend in excess of $1,000,000 on exploration in 2011 and expects 2011 to be a very busy year for activity and results
• 2011 Exploration programs on the three Welsford REE Properties(NB), the Long Lake Polymetallic Property(NB), the Louil Hills REE Property(Nfld), the Cross Hills REE Property(Nfld), the Cross Hills IOCG Property(Nfld), the Bluff Lake Cu-Au Property(BC), and the Nunavut REE Prospecting Permits covering 208,784 acres

The Company remains committed to a focus on exploration for discovery while maintaining low overheads to direct the majority of the financial resources towards exploration. The Company feels that there is much room for growth beyond our current market cap of under $5 million.

Additional information is available under the company's profile 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

Neither The TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.