Bolero Resources Corp.

Bolero Resources Corp.

September 10, 2010 03:01 ET

Bolero Resources Corp.: Significant Contiguous Acreage Acquired at Red Chris South Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2010) - Bolero Resources Corp. (the "Company" or "Bolero"), (TSX VENTURE:BRU), (FRANKFURT:U7N1) announces it has acquired a 100% interest, in 4 additional strategic claims covering over 3,333 acres and substantially enlarging the Red Chris "South" prospect. These new claims are contiguous to and surrounded by Bolero's Red Chris "South" prospect and are contiguous to the Southwest of Imperial Metals Corporation's (III-TSX) "Red Chris" copper-gold property where they have recently announced drill intercepts of 1.97 grams/ton Gold and 1.13% Copper over 528.7 metres.

Red Chris South Map:

Bolero Resources' President and CEO, R. Bruce Duncan stated, "This significant new addition to Bolero's Red Chris "South" prospect not only substantially enlarges the acreage, but strategically positions the entire property "on-trend" with recent drilling by Imperial Metals. Bolero now has one of, if not the largest contiguous land package to the Red Chris discovery, with an active work program now underway. Bolero is currently awaiting the results of geophysical surveys and soil samples from high-priority targets throughout the property. At this time, Bolero has multiple active projects including; drilling about to begin on the Carbonatite Syndicate Rare Earth prospect, a substantial land position and upcoming survey and sample results at Red Chris "South", and the upcoming work program now being developed for the newly acquired "Lucas" and "Nicolas" claims in the White Gold District of the Yukon."

Terms of Agreement:

Bolero will issue to the vendor $10,000 CDN and 250,000 common shares of the company within five days of TSX approval subject to a four month hold. There is no NSR applicable to this transaction.

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 over 13,000 acres in the Red Chris area of north-western BC, contiguous to Imperial Metals Corp (III.T); 100% interest in 57 mineral claims prospective for Rare Earth's covering approximately 56,000 acres, contiguous to Spectrum Mining Corporation in Northern BC; 11 mining claims of which approximately 2,653 hectares are directly tied on to the northwest, and 1,930 hectares are tied directly east of Barkerville Gold Mines (BGM.V) in Barkerville, BC, and 2 separate quartz claim blocks covering over 6,500 acres, in the "White Gold District" of the Yukon. 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 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"

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