Bolero Acquires Rare Earth Element Claims in British Columbia

Bolero Resources Corp. wishes to announce the acquisition of 13 mineproductivity of gyratory crushing plantral claims covering over 11,620 acres of lands highly prospective for Rare Earth Elements and previously owned as part of Spectrum Mining Corporation’s “Wicheeda” Rare Earth Element discovery (British Columbia, Canada). The new claims are contiguous to Bolero’s existing claim blocks and cover extensions to airborne radiometric anomalies identified from Bolero’s recently flown Aeroquest airborne survey.

One of the two primary anomalies indentified correlates with Bolero’s previously announced, Rare Earth Element soil assays, (maximum concentrations of Cerium (Ce) and Lanthanum (La) to as high as 1205 ppm and 663 ppm respectively) while the other anomaly of equal magnitude remains to be fully assessed on the ground. Bolero is currently in negotiations on additional claims that were also previously held by Spectrum.

New Map Link: http://www.boleroresources.com/docs/carbonatite_syndicate_claims.pdf

Bolero Resources’ President and CEO, R. Bruce Duncan, stated “Bolero has secured multiple strategic claims, previously held privately by Spectrum Mining, located on-trend with the “Wicheeda” REE discovery. Of this package, 1873 hectares comprises approximately 42% of Spectrum’s original southern tenure. Not only does Bolero now have the largest contiguous land package in the area but, the acquisition of these new claims brings Bolero’s property border within 400 metres of known, mapped carbonatite structures containing highly anomalous Rare Earth Elements including: Ce, Nb, Ba, Zn and Sr. With drill permits now in place, Bolero anticipates the timely commencement of a multi hole drill program designed to test existing and newly acquired anomalies on up to 3 separate drill sites.”