| Cache Completes Sampling Program at White Gold Properties |
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TORONTO, CANADA – August 15, 2011 – Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY) is pleased to announce the completion of an initial sampling and exploration program on Cache’s Yukon White Gold Properties acquired in June 2011 (news release June 20, 2011). Dr. David Lentz, 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. Cache Exploration Inc. owns a 100% interest in the two White Gold Properties (the Northwest and the Southeast White Gold properties) which consist of 90 claims within the White Gold District of the Yukon Territory. The area is host to significant exploration activity since the discovery of the Golden Saddle Zone by Underworld Resources Inc. in 2009; the resource of which includes 1,004,570 indicated ounces at 3.2 g/t Au, with an additional 407,413 inferred ounces at 2.5 g/t Au. The White Gold Properties are located approximately 15 km west-southwest of the Golden Saddle Zone in similar geological units. Employees of Cache conducted a site visit to each of the White Gold Properties to follow-up on previously identified gold anomalies from soil geochemistry and to assess and plan the continued exploration of the properties. The four-person crew took thirty-one samples of B-horizon soil and sediment from water seeps flowing downhill in selected accessible portions of the properties. One sample of quartz vein material was collected for analysis from the very limited rock exposed areas. Samples have been submitted to Activation Laboratories Inc. in Stewart, BC for multi-element analysis by instrumental neutron activation (INAA). The Cache exploration team expects the results to encourage further exploration on untested portions of the properties for indications of mineralization similar to the neighboring Golden Saddle Zone and similar to other discovered gold mineralization in the White Gold District. Mr. Brown, CEO, states: “Given the August 9, 2011 news release by Kaminak Gold Corp. of 74.9 grams per tonne gold (g/t Au) over 4m on their property situated approximately 25 km southeast of our White Gold Southeast Property, along with multiple other extraordinary results in the district, we are looking forward to uncovering the potential value in our well situated White Gold Properties.” Cache Exploration is a well funded exploration company with a focus on exploring for REE deposits. Cache is exploring the Welsford REE Properties in New Brunswick, the Cross Hills REE Property and Cross Hills Northern IOCG Property in Newfoundland, the Louil Hills REE Property in Newfoundland, and the Nunavut REE Properties. The Company recently acquired a 100% interest in Cache Minerals Inc. (“CMI”)(formerly Rockbridge Minerals Inc.) through which it now controls the CMI Cross Hill REE Properties adjacent to Cache’s Cross Hills Properties, the 3,360 acre Stewart South Property in BC, the 4,349 acre Quinn Eskay Property in BC, the 719 acre GSM Property in BC, and the 4,680 acre White Gold Properties in the Yukon. All of the Cache REE properties are considered to have excellent potential for rare earth element mineralization. The BC and Yukon properties provide a diversity of exposure to exploration potential for copper, silver, and gold.
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
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