VANCOUVER, Nov. 6 /CNW/ - Kimber Resources Inc. (AMEX: KBX, 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
"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.
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.
For further information:
For further information: 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: firstname.lastname@example.org