Cache Stakes Additional Nunavut REE Targets PDF Print E-mail

TORONTO, CANADA – September 12, 2011 – Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY), is pleased to announce that the Company has completed the staking of the Nueltin West REE Property in Nunavut. 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.

The physical staking of the Nueltin West property in the field began on August 9th with the final post planted on August 15th. The final staking grid consists of 16 blocks with dimensions of 2.3 km by 4.6 km each, and 4 blocks with dimensions of 2.3 km by 2.3 km each for a total staked area of over 190 square kilometres.

The staking was conducted by two crews of two men with helicopter support. Each crew consisted of a geologist and a field assistant. The Cache field crews conducted an initial exploration evaluation program while completing the staking. RS-125 gamma radiation spectrometers were used to take initial measurements of the natural radioactivity on the ground along the claim block boundaries and target areas including a known REE occurrence. The Nueltin Lake Granite shows areas with radioactivity ranging between 1,000 and 1,500 cps, equivalent thorium (eTh) to equivalent uranium (eU) ratios greater than 10 to 1, and areas with eTh concentrations greater than 700 ppm as measured by the spectrometers. A rock sample collected from a known REE occurrence on the property displayed 3,200 cps with a spectrometer assay yielding 582 ppm eTh and 33 ppm eU. Along the southern claim boundary, approximately 600 metres north of another known REE occurrence,  the granites displayed radiometrics ranging up to 1,800 cps with one tested area  displaying 5,000 cps associated with 751 ppm eTh  and 68 ppm eU.

Four samples were collected from the REE occurrence and other areas within the Nueltin West Property to provide an initial indication of the REE potential of the Nueltin Lake Granite. Samples will be submitted to Activation Laboratories Inc. for instrumental neutron activation analysis (INAA) followed by X-ray fluorescence.  The rock geochemistry along with the spectrometer data will provide valuable information for planning a targeted 2012 exploration program after the claims are titled.

 Mr. Brown states: “From this limited initial evaluation of the Nueltin West REE Property, there appears to be significant potential for REE that will warrant a more thorough follow up exploration program. For obvious reasons, we did not disclose our summer work programs in Nunavut until we had completed the staking of these claims. These claims cover targets that were initially desired by Cache in the December 2010 prospecting permit applications but that were not awarded to us in February 2011.  We are pleased that our land position in Nunavut now includes these additional target areas that are of interest to Cache.”
 
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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