Overview:

Bolero Resources Corp. (CVE:BRU) is a junior natural resource company focused on the acquisition and development of gold and rare earth element properties throughout Canada. Bolero has three main projects in BC and the Yukon: The “Carbonatite Syndicate” Rare Earth Element prospect, The “Red Chris South” copper-gold prospect,  and two separate quartz claim blocks covering over 6,500 acres in the “White Gold District” of the Yukon. As well being listed on the TSX-V, the Company is on the Pink Sheets under the symbol BRUZF, as well as the Frankfurt Exchange under U7N1.

Chief Properties:

Carbonatite Syndicate, Northern British Columbia, Canada

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The Carbonatite Syndicate Claim consists of 211 mineral claims covering over 222,415 acres contiguous to and completely surrounding several significant rare earth element discoveries in northern BC that reported drill hole intersections of 48.64 meters of 3.55% combined rare earth elements (REE), 144 meters of 2.2% combined REEs and 72 meters of 2.92% REEs. Recent rare earth element soil assays from the “Carbonatite Syndicate” property returned maximum concentrations of Cerium (Ce) and Lanthanum (La) as high as 1205 ppm and 663 ppm respectively. A diamond drill program is now being planned for 2011.

Red Chris South, Northwest British Columbia, Canada

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The “Red Chris South” copper-gold prospect covering over 13,000 acres in north-western BC, contiguous to Imperial Metals Corp (III – TSX) “Red Chris” copper-gold discovery where they recently announced drill intercepts of 628.7 metres grading 1.97 g/t gold and 1.13% copper. Bolero is currently planning a 2011 drill program following the receipt of assay results from recent anomalous soil samples.

The significant intervals encountered in holes RC09-349 and RC09-350 of Red Chris South East Zone are shown below. (Imperial Metals Corp, December 10, 2009)

Charge REE Prospect – Northern BC

The Charge prospect was acquired by Bolero in February of 2011. It is located in Northern British Columbia approximately 50 kilometers southeast of Northgate Mineral’s Kemess Mine. The prospect contains significant rare earth element samples with the highest being lanthanum at 1,146 ppm, yttrium at 647 ppm and the cerium at 1,247 ppm. Recently, over 7,000 samples have been taken from the region.

Bolero has plans for an upcoming work/drill program that is due to commence in 2011 on the Charge project.

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White Gold, Yukon, Canada

Two separate quartz claim blocks covering over 6,500 acres in the “White Gold District” of the Yukon in close proximity to recently announced discoveries by Kaminak Gold Corporation (KAM – TSX.V) at their “Coffee” property and by Underworld Resources Inc. that has recently agreed to a friendly takeover by Kinross Gold Corp.  Bolero recently announced the discovery of a significant multi-element soil anomaly on their “White Gold,” Yukon prospect, as result of sampling conducted by Equity Exploration Consultants Ltd.

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Management

R. Stuart “Tookie” Angus, Chairman – Mr. Angus is an independent senior business adviser to the mining industry. He was most recently Managing Director – Mergers and Acquisitions for Endeavour Financial. Prior to joining Endeavour Financial, he was a partner at the Canadian law firm Fasken Martineau DuMoulin and headed that firm’s global mining practice. For over 25 years, Mr Angus has focused on significant international exploration, development and mining ventures, and all aspects of their structuring and finance. Mr. Angus is also presently a director of Nevsun Resources Ltd. and Plutonic Power Corp.

Mr. R. Bruce Duncan, President & CEO - Mr. R. Bruce Duncan has nearly thirty years experience in the capital market and brokerage industry, including eight years with Gordon Capital Corporation. Mr. Duncan is currently the President of West Oak Capital Partners Inc., which provides strategic advisory services, including identifying and qualifying merger and acquisition candidates and advising in public transactions. Mr. Duncan’s client base has included financial services, aviation, mining, oil and gas, logistics, and retail industries. Mr. Duncan currently sits on the boards of several private companies and is a Director of Evolving Gold Corp. Mr. Duncan is the former President and CEO of AusPotash Corp., an Australian potash company sold to a UK firm. Mr. Duncan has extensive experience advising on corporate takeovers, both friendly and hostile, either by designing and executing effective approaches to acquiring assets or by implementing defensive strategies.

Dr. Roger Steininger, Ph.D - Dr. Roger C. Steininger Ph.D., has more than 40 years experience in the minerals industry. During Dr. Steininger’s early career he was employed by the Climax Molybdenum Company and worked on many of the major molybdenum deposits in North America. During that period he was associated with several molybdenum discoveries and development programs. Since leaving Climax, Dr. Steininger had a senior management position with a major mineral company, Amselco Minerals and for the last 20 years has maintained a consulting geologist practice. As part of Dr. Steininger’s consulting practice, he has continued his involvement with molybdenum exploration and development programs in association with several major mining companies. Dr. Steininger is a recognized authority on the geology of molybdenum deposits and has published extensively on the subject.

Olga Nikitovic, CA, Chief Financial Officer - Ms. Nikitovic is a chartered accountant and management consultant with over 20 years of work experience. Ms. Nikitovic worked at PricewaterhouseCoopers for nine years in both the audit and management consulting departments. While consulting, Ms. Nikitovic specialized in re-engineering and cost management. After leaving PricewaterhouseCoopers, Ms. Nikitovic held senior management positions with two of Canada’s largest retailers. At present, Ms. Nikitovic is the Chief Financial Officer for a number of publically traded mining companies.