TORONTO, CANADA – August 31, 2011 – Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY), is pleased to announce that the unaudited financial statements for the three month and nine month period ended June 30, 2011 and the associated Management Discussion and Analysis have been filed on SEDAR.

Highlights include:

Subsequent to June 30, 2011:

-Granted Certificate of Continuance under the Canada Business Corporations Act (August 19, 2011 news release)
-Approved for two New Brunswick Junior Mining Assistance Program grants totalling $60,000 (August 29, 2011 news release)
-Conducting New Brunswick Exploration Programs – results pending (June 23, 2011 news release)
-Completed Yukon Exploration Programs – results pending (August 15, 2011 news release)
-Completed BC Exploration Programs – results pending (August 18, 2011 news release)
-Completed Newfoundland Exploration Programs (August 24, 2011 news release)
-Completed Nunavut Exploration Programs – results pending (August 31, 2011 news release)

Mr. Brown states: “We have been very active completing summer exploration programs and are now poised to see numerous results released over the next several months. We intend to evaluate and prioritize targets over this same period and determine our plans for trenching and drilling as allowed for in our fully funded 2011 exploration budget of over $1,100,000.”
 
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

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