VANCOUVER, April 13 /PRNewswire-FirstCall/ -- Kimber Resources Inc. (AMEX:KBXAMEX:TSX:KBR) After two years with Kimber, Mr. Darren Klinck, Vice President of Corporate and Investor Relations has accepted a position with an Australian company. Mr. Klinck has been a key member of Kimber's staff and made a substantial contribution to the success of the Company and its recognition among investors. We thank him for his dedicated and effective work and we wish him well in his new appointment. To aid with the transition, Mr. Klinck has agreed to provide assistance informally with handover to his replacement and a new CEO, once they are appointed.
In accordance with Kimber's policy of providing annual grants of incentive options to employees, the Company has granted 550,000 options to directors, officers and staff of the Company at an exercise price equal to the closing price on the TSX on April 11, 2007.
About Kimber Kimber Resources Inc. holds a 100% interest in the Monterde and Setago properties located in the Sierra Madre of northern Mexico as well as the 6300 hectare Pericones property, which is located about 100 kilometres southwest of Mexico City in Estado de Mexico. All projects are free of royalties. On the Monterde property, the Company has two principal objectives: to find and develop additional mineral resources & to advance the Carmen deposit to feasibility. The Carmen deposit, an underground mine in the 1930's, is a typical low sulphidation epithermal system, is oxidized and hosts the majority of the resources on Monterde. As at the data cutoff (February 15, 2006) for the most recent resource estimate, total mineral resources from three deposits at Monterde are 23.6 million tonnes containing 648,000 oz of gold and 33 million oz of silver in Measured, 9.9 million tonnes containing 250,000 oz of gold and 8 million oz of silver in Indicated, and 7.1 million tonnes containing 180,000 oz of gold and 5 million oz of silver in the Inferred category. Approximately 120 holes have been drilled at Monterde since this estimate was released. A target generation program directed at identifying additional epithermal systems is underway on the property. Until the commencement of this program, less than 5% of the 28,000 hectare property had been explored by modern methods. The Setago property covers an epithermal system some 30 kilometres west of Monterde. The recently announced Pericones property contains wide-spread silver mineralization. A first pass sampling program reported two-metre chip samples of up to 420 g/t Ag from old workings and up to 332 g/t Ag from surface.
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: Darren Klinck, Vice President, Corporate & Investor Relations, or Robert Longe, P.Eng, 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: Darren Klinck, Vice President, Corporate & Investor Relations, or Robert Longe, P.Eng, 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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