RE: Bolero Featured in RareEarthInvestingNews.com.....
Spectrum Mining Corp.
Spectrum Mining is a privately-owned company whose chief asset in British Columbia is their Wicheeda property. A drill program in 2008 first highlighted the significance of the claim. “The 2008 program include a 48.64 m interval in hole 2008-02 which averaged 13,570 ppm (1.36%) cerium, 17,806 ppm (1.78%) lanthanum, 1,344 ppm (.13%) praseodymium and 2,780 ppm (.28%) neodymium for a combined rare earth element content (REE) of 3.55% over 48.64 m,” stated the press release. Further drilling has uncovered even more deposits on the site.
The claim is considered to be so significant that many other mining firms have staked out almost all the land adjoining the Wicheeda property.
Bolero Resources Corp. (CVE:BRU)
Bolero’s main BC asset is the ‘Carbon Syndicate” claim. This claim is made up of forty-three minerals claims, and covers over 16,000 hectares, which makes it the largest contiguous land parcel adjacent to Spectrum Mining’s Wicheeda property.
“Concentrations for Cerium (Ce) and Lanthanum (La) ran up to up to 631 ppm and 377 ppm respectively… Pathfinder elements such as Niobium (Nb) and Barium (Ba) also show distinct elevated concentrations against background,” stated a recent press release.