Bolero Resources Corp (2)
SymbolBRU
Shares Issued8,502,514
Close 2009-10-01C$ 0.195
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Bolero Resources to acquire 11 claims on Barkerville

2009-10-08 05:17 ET - News Release

Mr. Bruce Duncan reports

BOLERO ACQUIRES GOLD PROPERTY ADJOINING INTERNATIONAL WAYSIDE GOLD MINES LTD. ON BARKERVILLE MOUNTAIN, BC

Bolero Resources Corp. 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 in Stockwatch Oct. 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 1.5 million shares of Bolero upon TSX Venture Exchange approval, 1.5 million shares six months after the date of the agreement plus a 1-per-cent net smelter return. 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 Oct. 7, 2009, International Wayside Gold Mines announced in Stockwatch 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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