Bolero Resources Corp. (the "Company" or "Bolero") (TSX VENTURE:BRU)
(FRANKFURT:U7N1) announces that work is now underway on the 100% owned "White
Gold" prospect located in the White Gold District/Stewart River area of the
Yukon in close proximity to recently announced discoveries by Kaminak Gold
Corporation and Kinross Gold's "Golden Saddle" discovery which was acquired from
Underworld Resources Inc. in June, 2010.


Field crews have been mobilized and sampling, mapping and prospecting programs
have commenced to further define the significant multi-element soil anomaly
discovered during the 2010 sampling program. The southeastern end of this
anomaly contains the largest sustained gold values on the property. These
continue for several kilometres to the northwest, with scattered samples
yielding gold values among the highest encountered during the program. Elevated
values of (As), (Sb) and (Mo) accompany the gold at the eastern end of the
anomaly. 


Bolero's "White Gold," prospect consists of 12 quartz claims, covering over
6,500 acres, in two separate claim blocks. These claims are underlain by the
same quartz-muscovite and chlorite-muscovite schist of the Nasina Assemblage
that hosts the deposits on Kinross Gold's property, presenting an attractive
exploration target.


Bolero Resources' President and CEO, R. Bruce Duncan, stated "This comprehensive
work program will help to further define the significant multi-element soil
anomaly, discovered on our "Nicolas" claim block during our 2010 Yukon work
program. Bolero anticipates a very active 2011work season with drilling now
underway on the "Red Chris South" prospect, contiguous to Imperial Metals'
(III-TSX) "Red Chris" copper-gold discovery. Additional drilling is planned to
commence shortly on the "Carbonatite Syndicate" Rare Earth Element prospect, and
the "Charge" "REE" prospect, following the completion of airborne surveys, now
being flown. Drilling is fully funded, drill permits are in place and the first
of these drill programs is now underway."


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 British Columbia,
contiguous to Imperial Metals Corporation (III-TSX) and; the "Carbonatite
Syndicate" consisting of 211 mineral claims prospective for REE covering over
222,415 acres contiguous to Spectrum Mining Corporation in northern British
Columbia and; the "Charge" British Columbia REE prospect and; 2 separate quartz
claim blocks covering over 6,500 acres 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 & CEO

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