VANCOUVER, Dec. 5 /CNW/ - Kimber Resources Inc. (AMEX: KBX, TSX:KBR)
announces that 400,000 stock options have been granted to two recently
appointed officers of the Company at an exercise price of $0.78 per share. In
addition Dr. Lyn Davies CA, whose appointment as Acting Chief Financial
Officer of the Company was announced on November 13, 2007, has now been
confirmed as the Company's Chief Financial Officer.
Kimber owns mineral concessions covering approximately 32,000 hectares in
the prospective Sierra Madre gold-silver belt, including the Company's
Monterde property where three gold-silver deposits have already been
identified, including the Carmen deposit. 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. Further, reconnaissance exploration
carried out in 2007 has identified a number of new exploration targets. In
addition, the Company has a 100% interest in the mineral concessions of its
Pericones property, a 6300 hectare property targeted for silver, located
approximately 100 kilometres southwest of Mexico City.
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: email@example.com