Kimber Resources Inc. (TSX:KBR)
VANCOUVER, Oct. 20 /CNW/ - Kimber is pleased to report drill results from
a further seven holes on the Carmen deposit.
The 18 metres of 7.84 g/t gold-equivalent in MTR 275 on the Carmen
structure itself is notable not only for its high grade and width but also
because of its location in the southern portion of the deposit where
intersections from the few holes drilled to date were of lower grade and
lesser width.
Of the six MTR holes reported, one hole was lost at a shallow depth. The
DFR hole was oriented to test one of the cross structures parallel to the Dome
fault and, as expected, intersected several zones.
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Gold
Drill Hole From To Interval Gold Silver Equivalent
---------- ---- --- -------- ----- ------ ----------
(m) (m) (m) (g/t) (g/t) (g/t)(x)
MTR-274 16 20 4 0.527 19 0.79
and 216 220 4 1.358 24 1.69
MTR-275 26 30 4 0.052 43 0.66
and 34 38 4 0.265 85 1.47
and 38 46 8 5.527 169 7.93
and 156 160 4 0.633 19 0.90
and 192 198 6 0.313 51 1.04
and 198 216 18 6.962 62 7.84
inc 204 212 8 11.620 79 12.75
MTR-276 4 16 12 0.847 74 1.90
and 22 30 8 0.774 30 1.20
and 60 64 4 0.125 39 0.68
and 68 82 14 0.555 44 1.18
and 94 104 10 1.915 98 3.32
inc 96 100 4 4.396 217 7.50
and 122 128 6 0.666 19 0.94
and 162 170 8 1.339 14 1.54
and 208 212 4 1.708 8 1.81
and 274 280 6 2.323 33 2.80
MTR-277 6 10 4 0.300 54 1.07
and 32 36 4 0.120 40 0.69
MTR-278 130 146 16 1.291 50 2.01
inc 130 136 6 2.860 78 3.97
and 156 166 10 0.946 73 1.99
and 176 180 4 1.688 60 2.54
and 212 216 4 0.623 6 0.70
and 248 252 4 6.995 45 7.64
MTR-279 172 184 12 0.391 41 0.97
MTR-280 180 184 4 0.665 2 0.70
MTR-281 2 6 4 0.280 47 0.95
and 62 94 32 0.289 54 1.05
inc 84 90 6 0.670 66 1.60
DFR-13 2 6 4 0.363 39 0.91
and 66 70 4 0.358 63 1.26
and 74 78 4 0.595 91 1.90
and 78 86 8 0.196 105 1.69
and 104 110 6 0.292 60 1.15
and 132 164 32 0.824 45 1.46
inc 146 150 4 2.074 49 2.77
inc 156 160 4 2.019 53 2.77
and 174 182 8 0.657 7 0.75
and 192 198 6 1.763 9 1.89
and 228 242 14 2.074 38 2.62
inc 234 238 4 5.695 93 7.02
and 264 268 4 1.315 25 1.67
(x) Gold equivalent grade assumes equivalence of 85 grams of silver to
one gram of gold.
True widths on these holes range between 65 % and 85 % of the intervals
reported.
Drilling on the Carotare was delayed in September by heavy rains which
washed out roads and drill sites. These are being repaired and drilling will
start again in November. Permits for drilling El Orito Norte have been
received.
Management's objective is to develop additional gold-silver deposits
adjacent to the Carmen deposit where Measured & Indicated resources of 968,000
gold-equivalent ounces and 348,000 in Inferred have already been reported
(news release Sept 6th). The Carotare and El Orito Norte exploration targets
are geologically similar to the Carmen. Together they form a belt of
continuous alteration over three kilometres in length. The Company's goal is
to develop additional gold-silver deposits on the identified exploration
targets and elsewhere on the 28,000 hectare Monterde property.
About Kimber
Kimber Resources Inc., which owns or has the right to acquire a 100%
interest in the Monterde property in the Sierra Madre of northern Mexico, is
advancing the Carmen gold-silver deposit towards feasibility, while drilling
and carrying out other exploration activities on neighbouring epithermal
systems for additional resources. The Carmen deposit, an underground mine in
the late 1930s, is a typical low sulphidation epithermal system, oxidized, and
suitable for open pit mining. The Carotare, an adjacent epithermal system now
being drilled, appears to be similar. The El Orito Norte exploration target,
identified in June 2005 has received drill permitting in October 2005 and
drilling is expected to commence in the near term. For more information on the
company please visit SEDAR or the Company's website at
www.kimberresources.com.
Robert Longe, P.Eng.
President & CEO
Cautionary Statement
Mr. Alan Hitchborn, B.Sc., Vice President Development, manages the field
program of drilling and trenching on the Monterde project. Mr. J.B. Richards,
P.Eng., Vice President Engineering, and designated Qualified Person (Q.P.) for
the project is responsible for quality control and has verified the data
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 and duplicates inserted at the drill site
and standards inserted after sample preparation. Drilling is by reverse
circulation. A one eighth split of each two-metre section of the drill hole,
weighing approximately 6 kg is processed by ALS Chemex at its preparation
laboratory in Hermosillo, Mexico. Pulps are analysed by ALS Chemex at its
laboratory in North Vancouver, British Columbia, using 50 gram subsamples,
fire assay with an AA finish for gold and four-acid digestion and ICP finish
for silver from a 0.4 gram subsample. Highgrade gold or silver intervals are
re-assayed by fire assay with gravimetric finish.
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.
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