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Cache Exploration Reports Positive Molybdenum Results

ker
May 13, 2013

Mr. George A. Brown, President and CEO of Cache Exploration Inc. (TSX-V:CAY) is pleased to announce that the Company has received positive results from reassaying 2012 drill core for Molybdenum (Mo). 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.

Following the identification of anomalous Mo in drill core (January 10, 2013 news release), Cache completed a review and additional sampling of core from drill hole WI-12-08 drilled in 2012 on the Welsford Inner Property (see Figure 1). An additional 33 samples were submitted to Activation Laboratories in Fredericton, New Brunswick for sample preparation, followed by analysis at their Ancaster, Ontario facility for Code 1D enhanced instrumental neutron activation analysis (INAA).

The positive results of the resampling program combined with the original sampling of the drill core are encouraging. The original core results reported a one metre sample with 0.69% Mo from 21.52 metres to 22.52 metres (Jan 10, 2013 news release). The additional sampling confirms that the molybdenum mineralization is more extensive and includes 3.23 metres from 20.7 metres to 23.93 metres containing 0.24% Mo as well as 2.55 metres from 30.15 metres to 32.70 metres containing 0.10% Mo. Mineralization is potentially open at depth with 0.11% Mo reported near the bottom of the hole from 345.33 metres to 345.72 metres. The mineralization appears to occur as molybdenite (MoS2) concentrated in veins and on fractures, and also disseminated within the granite (see Figure 2).

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