Business
Bolero acquires property adjoining Imperial Metals Corp. in Red Chris, BC
Bolero acquires property adjoining Imperial Metals Corp. in Red Chris, BC
About this update from Canada Carbon, Inc.
[{"type":"text","content":"\n\n\n\nDec. 14, 2009 (Canada NewsWire Group) -- VANCOUVER, Dec. 14 /CNW Telbec/ -- Bolero Resources Corp. (the \"Company\" or \"Bolero\"), (TSX-V: BRU), (FRANKFURT: U7N1) is pleased to announce the Company has purchased a 100% interest in twelve strategic claims in the Red Chris area of north-western British Columbia. The claims are contiguous with the Red Chris copper-gold property where Imperial Metals Corp. recently announced assay results from its recent drilling program. A finder's fee may be payable in relation to this agreement.Imperial Metals Corp. on December 10th, 2009 Results from Deep East Zone at Red Chris:\"Drill hole RC09-350 previously reported the highest grade intercepted at Red Chris to date (NR Nov 09/09: RC09-350 returned 152.5 metres grading 4.12% copper and 8.83 g/t gold starting at a depth of 540.0 metres). The higher grade material extends to 962.5 metres and averages 2.00% copper and 3.80 g/t gold over 432.5 metres. With all intervals assayed, drill hole RC09-349 intercepted 625.3 metres of 0.82% copper and 0.93 g/t gold starting at 390.0 metres depth.\")The significant intervals encountered in holes RC09-349 and RC09-350 of Red Chris East Zone are shown below. (Imperial Metals Corp, December 10, 2009)-------------------------------------------------------------------------Inter- Inter- Inter-Total val val valDrill Zone Length from To Length Copper Gold SilverHole No. (m) (m) (m) (m) % g/t g/t-------------------------------------------------------------------------RC09-349 East 1150.6 390.0 1015.3 625.3 0.82 0.93 1.11-------------------------------------------------------------------------545.0 582.5 37.5 1.51 1.89 1.54-------------------------------------------------------------------------*866.6 919.9 53.3 1.83 2.62 2.60-------------------------------------------------------------------------RC09-350 East 1477.4 420.0 1067.5 647.5 1.50 2.68 3.22-------------------------------------------------------------------------530.0 962.5 432.5 2.00 3.80 4.42-------------------------------------------------------------------------*540.0 692.5 152.5 4.12 8.83 10.46-------------------------------------------------------------------------692.5 962.5 270.0 0.83 1.02 1.12-------------------------------------------------------------------------There is no assurance that similar mineralization will be discovered on th...