Bolero Resources Corp.

Bolero Resources Corp.

April 27, 2010 08:01 ET

Bolero Retains Mackevoy Geosciences Ltd. for Extensive Rare Exploration Program in BC Earth

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2010) - BOLERO RESOURCES CORP. ("Bolero" or the "Company") (TSX VENTURE:BRU) 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:

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

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."

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