BOLERO RETAINS MACKEVOY GEOSCIENCES LTD. FOR EXTENSIVE RARE EARTH EXPLORATION PROGRAM IN BC
(Thomson Reuters ONE) -
Suite 1220 - 789 West Pender Street, Vancouver, BC, V6C 1H2
Phone (604) 683-3995 Fax: (604) 683-3988
Email: info(at)boleroresources.ca
Web: www.boleroresources.ca
FOR IMMEDIATE RELEASE
BOLERO RETAINS MACKEVOY GEOSCIENCES LTD. FOR EXTENSIVE RARE EARTH EXPLORATION
PROGRAM IN BC
April 27(th), 2010, VANCOUVER, B.C. - BOLERO RESOURCES CORP. ("Bolero" or the
"Company") (BRU-TSX:V) is pleased to announce today it has retained Mackevoy
Geosciences Ltd. to initiate an extensive 90 day work and drill program at the
100% owned Carbonatite Syndicate Rare earth Claim Group, located 80 km northeast
of Prince George, BC. Crews are now being mobilized and work is expected to
begin shortly.
Carbonatite Syndicate Claim Group Location Map:
http://www.boleroresources.ca/docs/carbonatite_syndicate_claims.pdf
The Carbonatite Syndicate Claim Group is comprised of 43 mineral claims covering
approximately 16,072 hectares, making it the largest contiguous land package
adjoining Spectrum Mining Corporation's "Wicheeda" Rare Earth Discovery, that
recently announced drill intercepts of: 48.64 metres of 3.55% rare earth
elements ("REE"), 72.0 metres of 2.92% REE, and a 144 metre interval which
averaged 2.20% REE in three separate drill holes.
Bolero Resources President and CEO, R. Bruce Duncan, stated, "We are very
pleased to have secured the Mackevoy team to spearhead exploration on our
Carbonatite Syndicate Rare Earth prospect. Mackevoy has extensive experience in
Rare Earth exploration and a proven track record of discoveries, which include
carbonatite/alkaline intrusion occurrences in British Columbia. Bolero Resources
has the largest contiguous land package to Spectrum Mining's "Wicheeda" Rare
Earth Discovery, and is now the most active public company in the area, with one
of, if not the smallest market caps. We anticipate work to commence shortly on
The Carbonatite Syndicate Claims and look forward to multiple active work
programs this summer including upcoming drilling on our Red Chris prospect in
North West BC contiguous to Imperial Metals (III - TSX) who recently returned
grades of 1.97 g/t Gold and 1.13% Copper over 528 metres."
About Mackevoy Geosciences Ltd.
Mackevoy Geosciences Ltd. is a geological consulting company that specializes in
"high-tech" progressive mineral exploration and detailed mineralogical,
geochemical, and petrogenetic investigations of geological systems. Mackevoy
consists of highly educated professionals with strong ties to academia and
experience managing projects that range from prospecting, to diamond drilling,
to geometallurgy.
Mackevoy's clients have included the Japan Oil, Gas and Metals National
Corporation (JOGMEC), Canadian International Minerals, True North Gems Inc.,
Dahrouge Geological Consulting Ltd., and others. We have a proven track record
of discoveries which include tungsten skarns, massive sulfides, nickel, gem,
pegmatite and carbonatite / alkaline intrusion occurrences in British Columbia,
Yukon Territory, Northwest Territories, and Greenland. We've found that our
training as mineralogists and geochemists gives us a notable advantage when it
comes to grassroots exploration in our abilities to hone in on and understand
subtle changes in the environment.
Bolero Resources Corp. is a Canada-based Molybdenum, Gold, and Rare Earth
Element mineral development and exploration company. Our primary assets include:
100% interest in the Cannivan Gulch Molybdenum property located in Montana, USA;
A 100% interest in twelve strategic claims in the Red Chris area of
north-western BC, contiguous to Imperial Metals Corp (III.V); 100% interest in
43 mineral claims prospective for Rare Earth's covering approximately 16,072
hectares, contiguous to Spectrum Mining Corporation in Northern BC; A 50%
interest in the Arcadia Gold property, a 1,280 hectare area of Inuit-owned land
located in Canada's Nunavut territory; and 11 mining claims covering
approximately 4,583 hectares directly tied on to the recent Gold discovery by
(BGM.V) Barkerville Gold Mines Ltd. 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.ca
On behalf of the Board of Directors
"R. Bruce Duncan"
President & CEO
Investor Inquiries 1 (888) 818 1365
"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."
[HUG#1408465]
Unternehmensinformation / Kurzprofil:
Datum: 27.04.2010 - 09:01 Uhr
Sprache: Deutsch
News-ID 19736
Anzahl Zeichen: 0
contact information:
Town:
Vancouver, BC
Kategorie:
Business News
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