Bolero Resources Corp. (the "Company" or "Bolero"), (TSX
VENTURE:BRU)(FRANKFURT:U7N1) announces that it has retained Aeroquest Ltd. to
fly multiple state-of-the-art AeroTEM and Radiometric geophysical airborne
surveys over both the "Carbonatite Syndicate" Rare Earth Element prospect and
the new "Charge" Rare Earth Element prospect, both located in northern British
Columbia. These airborne surveys will be integral in further defining high
priority drill targets in preparation for an upcoming 2011 drill program.


Carbo REE Map:
http://www.boleroresources.com/docs/carbonatite_syndicate_claims_201101.pdf


These large scale geophysical and radiometric airborne surveys will consist of
over 7000 line kilometres to be flown at 200 and 100 metre line spacing. The
AeroTEM system is ideal for its superior ability to contour in northern BC's
rugged terrain. The airborne surveys will focus on further defining high
priority Rare Earth Element drill targets contiguous to Spectrum Mining's
"Wicheeda" Rare Earth discovery and identifying drill targets on Bolero's
"Charge" REE prospect that contains the highest Lanthanum (La) (1146 ppm),
Yttrium (Y) (647 ppm), and second highest Cerium (Ce) (1247 ppm) REE soil
samples in the province of British Columbia's Regional Geochemical Survey
(BCRGS) database.


Bolero Resources' President and CEO, R. Bruce Duncan, stated "The 2011 work and
drill season will be the most active year of exploration for Bolero to date. We
anticipate work to commence shortly on all four of our active Gold and Rare
Earth Element projects in BC and the Yukon. This year's exploration programs are
fully funded and Bolero has substantially strengthened its board of directors,
advisory board, and has engaged Discovery Consultants to oversee multiple work
programs on the "Red Chris South" copper/gold prospect contiguous to Imperial
Metals Corporation's (III - TSX), the "Carbonatite Syndicate" REE prospect, and
the "Charge" REE prospect. Upcoming drill programs will be designed to test high
priority targets, achieved through large scale sampling, IP surveying and
multiple airborne surveys."


4,007 line kilometers will be flown on the "Carbonatite Syndicate" REE prospect
using 200m and 100m line spacing. 2010 soil sampling programs on the
"Carbonatite Syndicate" property substantially increased Rare Earth Element soil
sample values. Assays from recent soil grids (Oct 4th 2010) increased maximum
concentrations of Cerium (Ce) and Lanthanum (La) to as high as 1205 ppm and 663
ppm respectively, far exceeding previous results of 631 ppm and 377 ppm. Thirty
of 228 soil samples returned total "REE+Y" contents above 1000 ppm and show
elevated levels of "pathfinder elements" such as Niobium (Nb) and Barium (Ba).


3,084 line kilometres will be flown on Bolero's "Charge" REE prospect, located
50 kilometres southeast of the Kemess Mine in northern BC. The "Charge" prospect
currently contains the highest Lanthanum (La) (1146 ppm), Yttrium (Y) (647 ppm),
and second highest Cerium (Ce) (1247 ppm) samples in the province of British
Columbia's Regional Geochemical Survey (BCRGS) database, with over 7000 samples
recently taken from the region.


Dr. Roger Steininger, Ph.D., CPG (AIPG), a Company Director, is the "Qualified
Person" (as such term is defined by NI 43-101) responsible for the preparation
of the technical information in this release.


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 the Red Chris
South prospect, covering over 13,000 acres in north-western BC, contiguous to
Imperial Metals Corp (III.T) and; The "Carbonatite Syndicate" consisting of 211
mineral claims prospective for Rare Earth Elements covering over 90,000 hectares
(222,415 acres) contiguous to Spectrum Mining Corporation in northern BC and; 2
separate quartz claim blocks covering over 6,500 acres, in the "White Gold
District" of the Yukon; and the "Charge" BC REE prospect. 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 & CEO
Brunswick Resources (TSXV:BRU)
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