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Bolero Resources Corp. (TSX VENTURE:BRU), (FRANKFURT:U7N1) announced it has entered into an option agreement with a arms-length vendor to acquire additional strategic claims, contiguous to Bolero’s 100% owned Red Chris prospect in northwest, BC.
Bolero Resources Corp. (TSX VENTURE:BRU), (FRANKFURT:U7N1) announced it has entered into an option agreement with a arms-length vendor to acquire additional strategic claims, contiguous to Bolero’s 100% owned Red Chris prospect in northwest, BC.
The press release is quoted as saying:
Bolero’s prospect at Red Chris is comprised of 12 strategically located claims of more than 10,000 acres, contiguous to Imperial Metals Corporation’s (III-TSX) “Red Chris” copper-gold property where recently they announced a drill hole intercept of 528.7 metres of 1.97g/ton gold and 1.13% copper. Recent drilling at Red Chris by Imperial Metals have averaged 2.00% copper and 3.80 g/t gold over 432.5 metres and the discovery continues to be open in all directions.
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