BOLERO RESOURCES – MULTIPLE ANOMALIES IDENTIFIED ON BC RARE EARTH PROSPECT
June 28th, 2010, Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (FRANKFURT: U7N1) announces that multiple scintillometer anomalies have been identified on the north east portion of its Carbonatite Syndicate Rare Earth Claim Group located 80km north east of Prince George, BC.
The anomalies lie within 2 kilometers of Spectrum Mining’s “Wicheeda” Rare Earth Element (“REE”) Discovery which returned significant drill results, including a 48.64 metre interval which averaged 3.55% rare earth elements, a 72.0 metre interval that averaged 2.92% REE, and a 144 metre interval which averaged 2.20% REE in three separate drill holes. (2008 Aris Report) (http://aris.empr.gov.bc.ca/ArisReports/30873.PDF)
Bolero is now awaiting the results of multiple soil and silt samples that have been sent to ALS Chemex Labs for multi-element geochemical analysis. The samples originated from tightly spaced grids to the immediate north east of Spectrum Mining’s discovery area, while additional silt samples were also collected from drainages throughout the northern half of the Bolero’s claims.
Mackevoy Geosciences Ltd. “Mackevoy” has now conducted exploration on 24 of the 57 claims including visual reconnaissance work and sampling on many of the satellite anomalies. Mackevoy has recorded multiple scintillometer anomalies on the NE claim group and has commenced further ground exploration in those areas. A total of 70 line kilometers of magnetometer and 90 line kilometers of scintillometer data have been collected to date. Mackevoy has established a new base camp to the South of Spectrum Mining’s “Fluorite” Southern Claim Group and will continue to define potential drill targets for Bolero’s planned upcoming drill program.
For more information, please visit www.boleroresources.com
