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Corporate
Profile
Kimber Resources Inc. (AMEX: KBX, TSX: KBR), is a junior
development and exploration company listed on the American Stock
Exchange and Toronto Stock Exchange. The company was formed in 1995,
and remained private until July 2002 when it became public by way of
IPO. The company’s principle asset is the Monterde gold-silver
property, located 260 kilometres southwest of the city of
Chihuahua
. Kimber has been active on the property for only four years and
owns 100% of the mineral rights on the Monterde property, free of
all royalties.
The Kimber land concessions were expanded in January 2005 and now
encompass a total of 28,000 hectares covering over 37 kilometres
along the mineral trend. The Monterde property is located in
Chihuahua State
,
Mexico
, in the heart of the Sierra Madre Gold belt. Total gold-equivalent
resources reported to September 1, 2006 (using polygonal estimates)
are 1,397,000 ounces in Measured & Indicated and 605,000 ounces
of Inferred.
In 2005, the company announced the discovery of two promising
exploration targets: Carotare and El Orito Norte.
The Carotare is located two
kilometres west of the Carmen and has a surface expression twice the
length of Carmen. Approximately 40 holes have been drilled
(September 2006) and the initial resource estimate on the Carotare
deposit was released November 8th, 2005. The company
reported a Measured & Indicated resource of 101,000 gold
equivalent ounces and 139,000 ounces of Inferred. Drilling will
continue here throughout 2006/2007.
In June 2005, the company
reported that a third epithermal system had been identified on the
Monterde property. Similarities to the Carmen and the Carotare
include a principal structure with hematite alteration, breccia
bodies, and old workings. Drill road and pad access is now being
developed on this target.
With
this discovery, there is now 3.2 kilometers of continuous
mineralization and alteration from west to east which includes the
Carmen, El Orito Norte and Carotare.
Kimber’s primary objective
is to demonstrate at least three million gold-equivalent ounces on
the three targets described above and to move the asset towards
feasibility.
Contact Information
Kimber Resources Inc.
215 - 800 West Pender Street
Vancouver BC V6C 2V6
Telephone: 604 669-2251
Toll free: 1-866-824-1100
Fax: 604 669-8577
Email:
info@kimberresources.com
Website:
www.kimberresources.com |
