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Article Excerpt
M2 PRESSWIRE-17 January 2008-Stockwire.com: CHAT LIVE in the only dedicated CHAT ROOM for Bolivar Mining Corp. (OTC: BOLV) shareholders!(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:17012008
AUSTIN, TX -- STOCKWIRE.com, one of the largest investment websites on the internet, is proud to announce the official launch of the Bolivar Mining chat room!
Visit the only LIVE CHAT ROOM on the internet dedicated to (OTC: BOLV) shareholders, by visiting: http://www.stockwire.com/bolv
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VANCOUVER, Jan 16, 2008 - Bolivar Mining to Explore Potentially Major Rare Earth Elements Deposits.
Bolivar Mining Corp. (OTC: BOLV) announces the expansion of exploration discovery of several potentially major economic Rare Earth Element (REE) mineral deposits occurring in Grenvillian-aged (1.1 billion years old) basement Charnockites, located in central Georgia, USA by our exploration/technical team. The occurrences have been evaluated by ground radiometrics plus soil and rock geochemistry. The deposits' gamma radiation intensity locally exceeds the average background gamma radiation by up to two orders of magnitude. The REE's occur in monazite-allanite veins with accessory rutile, magnetite, albite, quartz, apatite, and iron sulfides.
Michael M. Ellis, BMC's Chief Exploration and Mining Officer, states, "These deposits could have a major impact on Bolivar Mining and its shareholders. I am looking forward to completing our core drilling analysis and tracing geographically the full extent of these deposits in central GA."
According to the U.S. Geological Survey, Rare Earth Elements have not been mined domestically since 2002....
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