Bolero Resources Corp.: Work Program Now Underway at "Red Chris South" Prospect

Bolero Resources Corp. (the "Company" or "Bolero"), (TSX VENTURE:BRU),
(FRANKFURT:U7N1) announces that it has commenced ground work on the "Red Chris
South" prospect, located in northwest British Columbia, contiguous to Imperial
Metals Corporation's (III-TSX) "Red Chris" copper-gold discovery that recently
announced drill intercepts of (1024.1 metres, grading: 1.26 g/t Gold 1.01%
Copper) and (528.7 metres, grading: 1.97g/ton Gold and 1.13% Copper) in March
2011. A diamond drill program on Bolero's "Red Chris South" prospect is expected
to commence in July 2011, following the completion of the initial ground work
now underway.


Red Chris South Map: www.boleroresources.com/docs/red_chris_property.pdf

Initial work at "Red Chris South" will focus on geological mapping and
geochemical sampling in the western portion of the claims that were not covered
during the 2010 program. This work is being conducted by Discovery Consultants
of Vernon, B.C., who will also supervise the upcoming drilling, logging and
splitting of the core, and maintain sample integrity until the material is
shipped to the analytical lab. Falcon Drilling of Prince George, B.C. will drill
four holes, each approximately 400 meters deep starting in July 2011. Two holes
will test the western IP anomaly and two holes the eastern IP anomaly, which
were identified during the 2010 geophysical survey. 


Bolero Resources' President and CEO, R. Bruce Duncan, stated "The "Red Chris
South" prospect displays similar geological characteristics as Imperial Metals'
neighboring "Red Chris" copper/gold discovery and could be a flagship project
for Bolero. Drilling is scheduled to commence shortly throughout July 2011 to
test multiple significant anomalies identified through 2010 sampling programs
and IP surveys. Bolero's drilling plans for 2011 include the "Red Chris South"
prospect, the "Carbonatite Syndicate" Rare Earth Element prospect, and the
"Charge" "REE" prospect, all located in British Columbia. Drilling is fully
funded, drill permits are in place and drilling is expected to commence
shortly."


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