Bolero Resources: Airborne Survey Now Complete On BC Rare Earth Prospect

Bolero Resources Corp. announces that Aeroquest International Limited has completed the AeroTEM III and Radiometric surveys on the “Carbonatite Syndicate” Rare Earth prospect, in northern British Columbia.

Following the interpretation of preliminary data, expected shortly, Bolero will be commencing a drill program on the property. Airborne data will be correlated with positive soil samples and existing field radiometric anomalies to establish priority Rare Earth “REE” drill targets on the property. The “Carbonatite Syndicate” Rare Earth prospect is located 80 km northeast of Prince George, BC, bordering Spectrum Mining’s “Wicheeda” Rare Earth discovery; that recently returned significant Rare Earth drill results, including a 48.64 metre interval which averaged 3.55% REE.

Map Link: http://www.boleroresources.com/docs/BRU-White-Gold-Claims.pdf

With drill permits now in place, Bolero anticipates a multiple hole diamond drill program from up to 3 drill sites to commence shortly. The company has recently completed several soil grids receiving concentrations for Cerium (Ce) and Lanthanum (La) ran up to up to 631 ppm and 377 ppm respectively, with 20 samples showing total Rare Earth contents above 1000 ppm. Pathfinder elements such as Niobium (Nb) and Barium (Ba) also show distinct elevated concentrations against background.

Bolero Resources’ President and CEO, R. Bruce Duncan, stated “We now have active work programs underway on all three of our primary assets. The airborne survey will provide Bolero with tremendous insight into the property’s geology and in conjunction with existing anomalies, will assist in establishing high priority drill targets for our upcoming drill program. We have also recently identified significant coincident IP and Geochem anomalies on our “Red Chris South” prospect, contiguous to Imperial Metals Corporation (III – TSX) Red Chris copper-gold property; and have now commenced work on our “White Gold” prospect in the White Gold District/Stewart River region of the Yukon.”