VANCOUVER, Oct. 3 /CNW/ - Kimber Resources Inc. (AMEX: KBX, TSX:KBR)
Kimber is pleased to announce the appointment of Matthew Hamilton as
Manager of Investor Relations. Mr. Hamilton brings to Kimber his experience in
natural resource management, investor relations and business development.
The Company has granted 65,000 options to two employees at $0.85. A
further 400,000 options have been granted to Gordon Cummings, the incoming
CEO, at a price of $0.86.
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 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 Robert Longe, P.Eng, President and CEO, or Gordon Cummings, CFO
(Incoming President and CEO); North America Toll Free: 1-866-824-1100, Tel:
(604) 669-2251, Fax: (604) 669-8577, Website: http://www.kimberresources.com,