VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ -- Kimber Resources Inc. (AMEX:KBXAMEX:TSX:KBR) announces that Mr. Peter Nixon has been appointed as Chairman of the Company's Board of Directors, replacing Mr. Larry Bell. Mr. Nixon, who is also a director of Miramar Mining Corporation, Dundee Precious Metals, Reunion Gold Corporation, and Stornoway Diamond Corporation, brings more than 30 years of experience in research and institutional equity sales, largely focused in the mining industry. Mr. Bell will remain a director and Chairman of the Audit Committee.
"I want to express my sincere appreciation to Larry Bell for his exceptional service as Chairman of Kimber's board of directors over the past year," said Gordon Cummings, President and CEO of Kimber Resources. "I look forward to working with Peter Nixon as we rebuild our professional team and seek to achieve the full potential of our Monterde asset for the benefit of our shareholders. Mr. Nixon has already proven himself a knowledgeable and able director and I have every confidence he will make an excellent chairman." Kimber owns approximately 32,000 hectares of the prospective Sierra Madre gold-silver belt where initial reconnaissance exploration carried out in 2007 has identified a number of new exploration targets. To date, three gold-silver deposits have been identified within the Company's Monterde property. The Carmen deposit, which has been extensively drilled, is currently undergoing detailed geologic modeling in order to evaluate the potential for a combined open pit and underground mining operation based on current resources.
Cautionary Statement Statements in this release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the Company can fulfil such forward-looking statements and the Company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control.
CONTACT: Matthew Hamilton, Manager of Investor Relations, or Gordon Cummings, CA, President and CEO, North America Toll Free: 1-866-824-1100, Tel: (604) 669-2251, Fax: (604) 669-8577, Website: http://www.kimberresources.com/, Email: DATASOURCE: Kimber Resources Inc.
CONTACT: Matthew Hamilton, Manager of Investor Relations, or Gordon Cummings, CA, President and CEO, North America Toll Free: 1-866-824-1100, Tel: (604) 669-2251, Fax: (604) 669-8577, Website: http://www.kimberresources.com/, Email:
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