Bolero Resources Corp.: Aeroquest Commences Multiple Airborne Surveys Over BC "REE" Projects
Published : June 28, 2011
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Keywords :   Barium | Cerium | Diamond | Gold | Lanthanum |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2011) - Bolero Resources Corp. (the "Company" or "Bolero"), (News - Market indicators)(FRANKFURT:U7N1) announces that Aeroquest Ltd. has commenced AeroTEM and Radiometric geophysical airborne surveys over the "Carbonatite Syndicate" rare earth element project, located in Northern British Columbia, contiguous to Spectrum Mining's "Wicheeda" Rare Earth Element "REE" discovery. These airborne surveys will be overlain with Bolero's recent highly anomalous REE sampling and previous survey results to define high priority drill targets for an upcoming 2011 drill program. Aeroquest will be flying a similar airborne geophysical survey over Bolero's "Charge" REE property directly following the completion of work on the "Carbonatite Syndicate" property.

Carbo REE Map: http://www.boleroresources.com/docs/carbonatite_syndicate_claims_201101.pdf

Bolero Resources' President and CEO, R. Bruce Duncan, stated "The 2011 work and drill season is now underway for Bolero, this will be the most active year of exploration to date for the company. These airborne surveys will help to identify priority drill targets on our substantially enlarged BC rare earth projects. Diamond drill programs are being planned on all three of our BC gold and rare earth projects and are scheduled to commence shortly. This will be a milestone year for Bolero with drill permits now in place and multiple fully funded drill programs to commence shortly. The company has substantially strengthened its board of directors and advisory board as well as the engaging Discovery Consultants to oversee this year's work programs."

These large scale geophysical and radiometric airborne surveys will consist of over 7000 line kilometres to be flown at 200 and 100 metre line spacing. The AeroTEM system is ideal for its superior ability to contour in northern BC's rugged terrain. The airborne surveys will focus on further defining high priority Rare Earth Element drill targets contiguous to Spectrum Mining's "Wicheeda" Rare Earth discovery and identifying drill targets on Bolero's new "Charge" REE prospect that contains the highest Lanthanum (La) (1146 ppm), Yttrium (Y) (647 ppm), and second highest Cerium (Ce) (1247 ppm) "REE" soil samples in the province of British Columbia's Regional Geochemical Survey (BCRGS) database.

Approximately 4,000 line kilometers will be flown on the "Carbonatite Syndicate" REE prospect using 200m and 100m line spacing. The 2010 soil sampling programs on the "Carbonatite Syndicate" property substantially increased Rare Earth Element soil sample values. Assays from recent soil grids (Oct 4th 2010) increased maximum concentrations of Cerium (Ce) and Lanthanum (La) to as high as 1205 ppm and 663 ppm respectively, far exceeding previous results of 631 ppm and 377 ppm. Thirty of 228 soil samples returned total "REE+Y" contents above 1000 ppm and show elevated levels of "pathfinder elements" such as Niobium (Nb) and Barium (Ba).

Approximately 3,000 line kilometres will be flown on Bolero's "Charge" REE prospect, located 50 kilometres southeast of the Kemess Mine in northern BC. The "Charge" prospect currently contains the highest Lanthanum (La) (1146 ppm), Yttrium (Y) (647 ppm), and second highest Cerium (Ce) (1247 ppm) samples in the province of British Columbia's Regional Geochemical Survey (BCRGS) database, with over 7000 samples recently taken from the region.

Dr. Roger Steininger, Ph.D., CPG (AIPG), a Company Director, is the "Qualified Person" (as such term is defined by NI 43-101) responsible for the preparation of the technical information in this release.

About Bolero Resources Corp.

Bolero Resources Corp. is a Canadian Gold and Rare Earth exploration and development company. Our primary assets include: 100% interest in the Red Chris South prospect, covering over 13,000 acres in north-western BC, contiguous to Imperial Metals Corp (III.T) and; The "Carbonatite Syndicate" consisting of 211 mineral claims prospective for Rare Earth Elements covering over 90,000 hectares (222,415 acres) contiguous to Spectrum Mining Corporation in northern BC and; 2 separate quartz claim blocks covering over 6,500 acres, in the "White Gold District" of the Yukon; and the "Charge" BC REE prospect. The Company is listed on the TSX-Venture Exchange under the symbol BRU as well as the Frankfurt Exchange under U7N1. For more information, please visit: www.boleroresources.com or contact Investor Relations Toll Free.

On behalf of the Board of Directors

R. Bruce Duncan, President & CEO

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Bolero Resources Corp.
R. Bruce Duncan
President & CEO
Toll Free Investor Inquiries 1 (888) 818-1365
info@boleroresources.com
www.boleroresources.com

Bolero Resources Corp.

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Bolero Res. is a gold and copper exploration company based in Canada.

Bolero Res. holds various exploration projects in Canada.

Its main exploration properties are ARCADIA, COPPER STAR, RED CHRIS SOUTH, BALD BUTTE, CANNIVAN GULCH and CARBONATITE SYNDICATE in Canada.

Bolero Res. is listed in Canada and in Germany. Its market capitalisation is CA$ 852 000 as of today (US$ 632 517, € 556 159).

Its stock quote reached its highest recent level on November 20, 2009 at CA$ 0.69, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Bolero Res. has 34 080 000 shares outstanding.

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Annual reports of Bolero Resources Corp.
Annual Report 2007
Nominations of Bolero Resources Corp.
9/27/2012Appoints Bruce Coventry to Board of Directors
5/10/2011Welcomes Greg Lipton to Its Board of Directors
3/28/2011Welcomes Alex Knox to Its Advisory Board
3/26/2008 Announces Management Appointments
Project news of Bolero Resources Corp.
7/12/2011(Red Chris South)Drilling Now Underway on Bolero's "Red Chris South" Prospect
7/5/2011(Red Chris South)Work Program Now Underway at "Red Chris South" Prospect
6/4/2008(Bald Butte)Continues to Report Excellent Drill Results for the Bald But...
5/5/2008(Bald Butte)Drills 1,098 Feet @ 0.068% Mo. at Bald Butte ? Drilling Cont...
3/31/2008(Bald Butte)Bald Butte has Indicated Resource Containing 168.5 Million P...
2/27/2008(Bald Butte) Announces Changes to Board of Directors and Corporate Updat...
2/13/2008(Cannivan Gulch)Cannivan Gulch Has Indicated Resource Containing 225 Million...
1/7/2008(Cannivan Gulch)Announces Drilling Results for Cannivan Gulch Project - Hol...
11/13/2007(Cannivan Gulch) Intersects 0.054% Mo (0.090% MoS2) Over 710 Feet And Provid...
11/1/2007 Arranges US$10 Million Term Facility And NI 43-101 For Acqu...
10/17/2007(Bald Butte) Drills 110 Feet of 0.106% Mo (0.177% MoS2) at Bald Butte
9/13/2007(Cannivan Gulch) Begins Drilling at Cannivan Gulch
6/21/2007(Bald Butte)Begins 5,500 Metre Drill Program at Bald Butte
4/10/2007(Bald Butte)A 5,500 Metre Drill Program For Confirmatory Infill And Ste...
Corporate news of Bolero Resources Corp.
10/2/2012Announces Results of Annual and Special Meeting, Effective D...
6/28/2011Aeroquest Commences Multiple Airborne Surveys Over BC "REE" ...
6/23/2011Retains Falcon Drilling for Multiple 2011 Drill Programs
5/5/2011Retains Discovery Consultants for 2011 Work Programs
6/12/2008CEO Interview
5/29/2008Arcadia Drilling Commences
5/9/2008Announces Option Grant
3/7/2008Bolero Resources
10/16/2007Secures Large, Undeveloped Molybdenum Property In Colorado
9/19/2007Announces Name Change And Continuance of its Corporate Chart...
7/16/2007Provides Update on Bald Butte Drill Program and Results of J...
5/30/2007New Drilling to Test Property's Deep Mineral Potential
4/19/2007announces drill program at Cannivan Gulch Moly Project
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