Business

Bolero drills 1,098 feet @ 0.068% Mo. at Bald Butte - Drilling continues to expand mineralization - Demonstrates continuity of the resource

VANCOUVER, May 5 /CNW Telbec/ - Bolero Resources Corp. (the "Company" or "Bolero"), (TSX-V: BRU),...

articleCanada Carbon, Inc.May 5, 20085/company/canada-carbon-inc/news/bolero-drills-1098-feet-0068percent-mo-at-bald-butte-drilling-continues-to-expand-mineralization-demonstrates-continuity-of-the-resource
Bolero drills 1,098 feet @ 0.068% Mo. at Bald Butte - Drilling continues to expand mineralization - Demonstrates continuity of the resource

About this update from Canada Carbon, Inc.

[{"type":"text","content":"\n\n\n\nVANCOUVER, May 5 /CNW Telbec/ - Bolero Resources Corp. (the "Company" or\n"Bolero"), (TSX-V: BRU), (FRANKFURT: U7N) is pleased to report additional\nresults for the 2007 drilling program at its Bald Butte molybdenite property\nlocated in the Marysville mining district approximately 18 miles northwest of\nHelena, Montana.\n\n\nThe 2007 drilling program at Bald Butte totaled 23,835 feet of core and\nwas conducted between June and November, 2007. The property hosts a\nmulti-phase quartz monzonitic intrusive complex that has intruded and strongly\naltered dolomite of the Proterozoic Helena Formation. The best mineralization\nis in the hornfelsed, silicified, and stockwork veined Helena Formation\nadjacent to the quartz monzonitic intrusive bodies.\n\n\nIn summary, the six holes reported here are very encouraging. The\nmineralization is demonstrating internal continuity and the new drilling is\nconsistently adding tonnage to the resource. A follow-on drilling program is\nplanned for the upcoming summer field season. Significant intervals for the\nholes are summarized in the table below.\n\n\n Summary of Intercepts for Six Holes from the 2007 Drilling Program at\n Bald Butte Project, Montana\n\nAll lengths in feet\n-------------------------------------------------------------------------\n Total Vertical\nHole Number From To Interval Mo% Depth Angle\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nBB07-6 390 870 480 0.081 999 -90\n-------------------------------------------------------------------------\nBB07-7 180 1,070 890 0.056 1,290 -90\n-------------------------------------------------------------------------\nBB07-9 60 580 520 0.061 682 -60\n-------------------------------------------------------------------------\nBB07-14 320 1,060 740 0.057 1,400 -90\n-------------------------------------------------------------------------\nBB07-23 90 900 810 0.071 900 -90\n-------------------------------------------------------------------------\nBB07-24 0 1,098 1,098 0.068 1,098 -90\n-------------------------------------------------------------------------\n\n\nA fence of five core holes totaling 6,369 feet of core is reported in\nthis news release. The fence of holes extends from east-southeast to\nwest-northw...

More updates from Canada Carbon, Inc.