Kimber intersects high grade gold mineralization at depth below Carmen resource at Monterde



    VANCOUVER, June 23 /CNW/ - Kimber Resources Inc. (AMEX:  KBX, TSX:KBR) is
pleased to report initial drill results from diamond drilling below the Carmen
resource at its Monterde property in the prolific Sierra Madre gold-silver
belt of Mexico, where several holes intersected high grade gold-silver
mineralization at depth. In particular Hole MTC-08-104 had two high grade gold
intercepts below the existing resource, over 100 metres below the deepest
previous intercepts in this section of Carmen.
    Highlights of recent results are tabulated below, while complete results
are attached.

    
    Drill      Interpreted                                           Gold
    -----      -----------                                           ----
    Hole        Structure   From   To   Interval   Gold   Silver  Equivalent
    ----        ---------   ----   --   --------   ----   ------  ----------
                             (m)   (m)     (m)     (g/t)   (g/t)    (g/t)(*)
     Results
       at
      Depth
    MTC-08-104    Under
                 review    406.5  409.4   2.9       2.9    13.0        3.1
    and          Carmen
                 Hanging
                  wall     440.5  442.1   1.6      23.1    21.9       23.4
    MTC-08-105    Under
                 review    309.5  312.5   3.0       3.3    49.6        4.0
    and           Under
                 review    332.5  334.5   2.0       1.8    44.2        2.4
    MTC-08-106    Hilos
                 Splay 1   274.0  277.0   3.0       2.8    56.9        3.5
    MTC-08-106   Carmen    388.5  393.0   4.5       1.3    19.6        1.6

      Other
    MTC-08-104    Cob     177.00 178.00   1.0      12.5   650.0       21.2
    MTC-08-105    Hilos
                  Splay     19.9   29.9  10.0       1.3    75.0        2.3
    incl          Hilos
                  Splay     25.4   28.1   2.7       4.3   146.2        6.3
    MTC-08-106    Cob      150.5  169.0  18.5       0.9    65.0        1.8
    incl          Cob      166.5  169.0   2.5       2.8   217.6        5.7

    (*) Gold equivalent grade assumes equivalence of 75 grams of silver to
        one gram of gold. True widths are expected to range between 65% and
        85% of the intervals reported on the table above.
    

    "I am very pleased that we have found evidence of significant gold-silver
mineralization at depth, below the Carmen deposit," said Gordon Cummings,
President and CEO of Kimber Resources. "As further drill results are received,
we will continue to develop our understanding of the depth potential of the
Carmen gold-silver mineralizing system and the implications for the rest of
the Monterde property."
    A newly discovered zone of massive sulphide veins and veinlets returned a
value of 4.0g/t gold equivalent over three metres, 309 metres down hole
MTC-08-105.
    Drill hole MTC-08-106 intersected 18.5 metres of 1.8 g/t gold equivalent
from a splay in the Cob structure which included an interval of 5.7g/t gold
equivalent over 2.5 metres. The Carmen structure appeared to be intersected
between 388.5 and 393 metres and returned a value of 1.6 g/t gold equivalent
over 4.5 metres.

    2008 Drill Program

    15 drill holes have now been completed at Carmen with another hole in
progress. Over 7,600 metres have been drilled at Carmen in this current drill
program. All holes were drilled in order to not only test the Carmen structure
at depth, but also to test parallel structures in the hanging wall such as
Hilos, Cob and other structures. Holes MTC-08-104, MTC-08-105 and MTC-08-106
all intercepted multiple structures with significant gold-silver values, as
detailed in the table attached to this news release. Drill hole MTC-08-107, to
the North West of Carmen and outside of the main drill area, had no
significant values returned.
    A program of nine drill holes was performed at the Arimo target, a ten
metre wide zone of silicified breccia at the contact between overlying
rhyolite and underlying andesite 3 kilometres southwest of Carmen. A
three-hole program was performed on the Cerro la Mina target approximately
1 kilometre northwest of Arimo with similar alteration to Arimo. No
significant intercepts were returned from either targets and no further work
is planned on either area at this time.
    A three-hole drill program, totaling approximately 1,330 metres, will
commence this week to test Veta Minitas at depth. The Veta Minitas area is
located approximately 250 metres west of the Carmen deposit. The area is
underlain by felsic volcanic tuffs and flows similar to those underlying
Carmen, although the Veta Minitas area is much less affected by faulting than
Carmen. Mineralization and alteration at Veta Minitas are characterized by
pyrite and sphalerite, with minor galena, disseminated in silicified and
oxidided felsic volcanic rocks. The objective for the 2008 drill program is to
follow up on some excellent results returned from drilling in 2006, including
a blind discovery of high grade gold mineralization to the east of the main
mineralized zone which included high grade intercepts of 3.4 g/t gold
equivalent over 9.5 metres, 10.6 g/t gold equivalent over 4.5 metres and 2.3
g/t gold equivalent over 8.5 metres.

    About Kimber

    Kimber owns mineral concessions covering in excess of 39,000 hectares in
the prospective Sierra Madre gold-silver belt, including the Company's
Monterde property, where three gold-silver deposits have already been
identified. The most advanced of these, the Carmen deposit, has been
extensively drilled and 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. In addition, the Company has a 100%
interest in the mineral concessions of its Pericones property, an 11,890
hectare property targeted for silver, located approximately 100 kilometres
southwest of Mexico City.

    Mr. Petrus (Marius) Mare managed this program of drilling on the Monterde
project and is also the designated Qualified Person (Q.P.) for the project
being responsible for quality control and has verified the data being
disclosed. He has determined that the laboratory reports matched the drill
sample logs and that the quality control assays fall within reasonable limits.
QA/QC procedures incorporate blanks inserted at the core shack and standards
inserted after sample preparation. Diamond drilling has been carried out. A
one half split of sections of interest from 0.5 metres to 1.5 metres in length
marked by the site geologist is cut by diamond saw. Pulps are analysed by ALS
Chemex at its laboratory in North Vancouver, British Columbia, using 50 gram
sub-samples, using fire assay with an AA finish for gold and four-acid
digestion and ICP finish for silver from a 0.4 gram subsample. High grade gold
or silver intervals are re-assayed by fire assay with gravimetric finish.

    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.

    Tabulation of significant drill results from recent Carmen assays to
accompany news release dated June 23, 2008

    
    Drill                                                             Gold
    -----                                                             ----
    Hole        From    To     Interval      Gold       Silver     Equivalent
    ----        ----    --     --------      ----       ------     ----------
                 (m)    (m)       (m)        (g/t)       (g/t)      (g/t)(*)

    MTC-08-104  135.2  139.1      3.9         0.4        182.8         2.9

    and         144.1  166.6     22.5         0.4         47.7         1.0

    incl        164.0  166.6      2.6         1.3         97.3         2.6

    and        177.00 178.00      1.0        12.5        650.0        21.2

    and         186.1  196.3     10.2         2.0         59.0         2.8

    incl        187.1  191.5      4.4         3.2         99.0         4.6

    and         193.3  196.3      3.0         2.0         50.3         2.7

    and         255.1  261.7      6.6         0.9         49.0         1.5

    and         266.3  269.5      3.2         2.8         36.4         3.3

    and         406.5  409.4      2.9         2.9         13.0         3.1

    and         440.5  442.1      1.6        23.1         21.9        23.4

    MTC-08-105   19.9   29.9     10.0         1.3         75.0         2.3

    incl         25.4   28.1      2.7         4.3        146.2         6.3

    and          56.4   71.0     14.6         0.2         69.9         1.1

    incl         59.4   62.4      3.0         0.7        123.0         2.4

    and         309.5  312.5      3.0         3.3         49.6         4.0

    and         332.5  334.5      2.0         1.8         44.2         2.4

    MTC-08-106  150.5  169.0     18.5         0.9         65.0         1.8

    incl        166.5  169.0      2.5         2.8        217.6         5.7

    and         274.0  277.0      3.0         2.8         56.9         3.5

    and         299.5  302.5      3.0         1.1         35.2         1.6

    and         388.5  393.0      4.5         1.3         19.6         1.6

    (*) Gold equivalent grade assumes equivalence of 75 grams of silver to
        one gram of gold. True widths are expected to range between 65% and
        85% of the intervals reported on the table above.
    





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: news@kimberresources.com

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