Canada-based Bolero Resources has acquired 69 mineral claims covering over 72,686 acres of land prospective for Rare Earth Elements, near 'Carbonatite Syndicate', 80km northeast of Prince George, British Columbia.

This new acquisition increases Bolero’s 100% owned Rare Earth Element prospect to 139 mineral claims covering approximately 140,287 acres, lying within 400m of known, mapped carbonatite structures containing highly anomalous Rare Earth Elements.

The new land package is contiguous to Bolero’s existing claim blocks and covers extensions to airborne radiometric anomalies identified from Bolero’s recently flown Aeroquest airborne survey.

Bolero Resources president and CEO Bruce Duncan said Bolero has now blanket staked a major additional land package to secure all extensions to recently discovered anomalies and to capitalise on any potential opportunities that may arise from future drilling results.

"Bolero anticipates a large number of assays and the commencement of a multi hole drill program designed to test existing and newly identified anomalies on up to 3 separate drill sites," Duncan said.