VANCOUVER, Sept. 26 /CNW/ - Kimber Resources Inc. (AMEX: KBX, TSX:KBR)
Kimber reports, as part of its management succession process, that Gordon
Cummings, current Chief Financial Officer with the Company, has been appointed
President & Chief Executive Officer of the Company effective October 31, 2007.
He will succeed President & CEO, Robert Longe, who is retiring at the end of
"Taking on the role of President & CEO is a tremendous opportunity," said
Mr. Cummings. "I look forward to working with Kimber's board, employees and
shareholders to see the potential of our Monterde gold-silver project in
Mexico thoroughly explored and appraised, and value for all shareholders
maximized. I would also like to thank Mr. Longe for his tremendous
contribution to Kimber as a founding principal and wish him the very best in
his future endeavours."
One of Mr. Cummings' principal objectives in the near term is to build an
experienced and dynamic management team to support the activities of its
geologic, engineering and community relations team, focused on the evaluation
and advancement of the Monterde project in Mexico. He is being assisted in
this task by technical members of the board of directors, including Dr. Keith
Barron, Dr. Leanne Baker, Dennis Bergen P. Eng. and Stephen Quin, P.Geo. "The
management and technical strength of Kimber's board of directors is a great
asset and I look forward to working with them on implementing our strategy to
fully realize the value of the Monterde project," said Mr. Cummings.
The Monterde project is located in the prolific Sierra Madre gold-silver
belt of western Mexico and includes the Carmen deposit, which has been
extensively drilled by Kimber Resources and is currently undergoing detailed
geologic modelling in order to evaluate the potential for a combined open pit
and underground mining operation based on current resources. In addition to
the Carmen deposit, Kimber owns approximately 39,000 hectares of the
prospective Sierra Madre precious metals belt where initial reconnaissance
exploration carried out in 2007 has identified a number of new targets that
Kimber plans to follow up.
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 fulfill 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: Robert Longe, P.Eng, President and CEO or
Gordon Cummings, C.A., Chief Financial Officer, 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