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Tuesday, 03/08/2011 11:11:16 AM

Tuesday, March 08, 2011 11:11:16 AM

Post# of 165854
some interesting info---

October 26th, 2010, Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (FRANKFURT: U7N1) is pleased to announce the addition of William “Bill” Majcher to its advisory board. Mr. Majcher brings international capital markets experience, working in both an advisory and enforcement roles. Mr. Majcher is currently a Managing Director at Baron Group International working extensively with Chinese investors, officials and State Owned Enterprises as an Advisor to the Hong Kong Association for the Development of Western China.

In 2009, on behalf of his Hong Kong based Merchant Bank, Mr. Majcher signed an agreement to act as the official economic advisors to the Baotou Government and key commercial and investment officials of Baotou, Inner Mongolia. Mr. Majcher recently played a central role in establishing a joint investment fund alongside the Baotou Government, and specifically the entities responsible for all Rare Earth production in Baotou.

Baotou is home to almost 95% of the world’s current production of Rare Earth Elements “REE’s” and is rich in Iron Ore and other minerals including China’s largest Coal deposits. The worlds’ largest rare earth refineries are located 150 km south of the huge Iron Ore and “REE” deposits at Bayan Obo, on the outskirts of Baotou City. Within Baotou over 6000 companies are utilizing or developing usages for Rare Earth Elements, thus the technology breakthroughs and investment opportunities coming from Baotou will continue to drive world demand. Mr. Majcher is working to help guide and encourage Baotou enterprises to seize growth opportunities through domestic and international mergers and acquisitions.

Bolero Resources’ President and CEO, R. Bruce Duncan stated, “The addition of Bill Majcher to Bolero’s Advisory Board brings international capital markets expertise to the company while substantially broadening our strategic horizons to that of the world’s largest Rare Earth producers and the associated political and investment potential. Bill will be a tremendous asset to Bolero at an exciting time for the company as progress continues to be made on all three of Bolero’s active projects following the discovery of multiple anomalies on both the Red Chris South prospect contiguous to Imperial Metals (III – TSX) Red Chris copper/gold discovery in NW British Columbia and the Carbonatite Syndicate REE prospect contiguous to a significant Rare Earth discovery by Spectrum Mining in northern BC.”

Map: http://www.boleroresources.com/docs/carbonatite_syndicate_claims.pdf

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 twelve strategic claims 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 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 www.boleroresources.com or contact Investor Relations Toll Free.

On behalf of the Board of Directors

“R. Bruce Duncan”

President and CEO