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Barkerville Mountain
ProjectsCarbonatite SyndicateArcadia Barkerville Mountain Red Chris "South" locations |
Bolero Resources has entered into an agreement to acquire 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 the property on which the discovery hole announced October 7, 2009 by International Wayside Gold Mines Ltd. is located. The terms of the agreement are a cash payment of $35,000, the issuance of 1,500,000 shares of Bolero upon TSX Venture Exchange approval, 1,500,000 shares six months after the date of the agreement plus a 1% NSR. The Company has also committed to spend $50,000 on exploration prior to July 1, 2010. A finder’s fee may be payable in relation to this agreement. On October 7, 2009, International Wayside Gold Mines Ltd. announced that drill hole BC09-12 intercepted gold mineralization from 3.048 metres (10 feet below surface) to 87.48 metres (287 feet below surface):
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| Bolero Resources Corp. is a junior natural resource company based in Canada focusing on the acquisition, exploration and mining of natural resource properties in precious metals and rare earth metals and is listed on the TSX Venture Exchange as BRU; New York Stock Exchange as BRUZF; and Frankfurt Stock Exchange with symbol U7N1. © 1998 - 2010 Bolero Resources Disclaimer Website Design & Hosting by We Think Solutions |