Kimber Resources Inc. (TSX: KBR)
VANCOUVER, June 23 /CNW/ - Kimber is pleased to report further drill
results from both the Carmen deposit and the Carotare exploration target.
Carmen Deposit
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Results on the Carmen deposit shown in the table below include
intersections on the outlying Cob and Cocos as well as the Los Hilos and
Carmen structures. The most notable intersections are on the Carmen structure
itself: MTR-241 (34 metres of 3.75 g/t gold equivalent, including 18 metres of
5.85 g/t gold equivalent) and MTR-244 (10 metres of 6.99 g/t gold equivalent).
The Carmen deposit remains open to the east and southeast and at depth.
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Gold-
Drill From To Interval Gold Silver equivalent
Hole ---- -- -------- ---- ------ -----------
---- (metres) (metres) (metres) (g/t) (g/t) (g/t, Au +
Ag/85)
MTR-233 22 32 10 0.558 45 1.08
and 100 104 4 0.589 213 3.09
and 152 162 10 1.127 38 1.58
MTR-234 52 64 12 1.096 114 2.43
MTR-236 60 68 8 0.524 104 1.74
and 68 80 12 Open space, no recovery
and 80 110 30 0.175 42 0.67
MTR-237 32 38 6 0.642 35 1.05
and 118 122 4 0.384 60 1.09
and 254 258 4 5.415 39 5.87
MTR-238 172 180 8 1.854 69 2.66
MTR-240 88 92 4 0.198 83 1.17
MTR-241 112 146 34 2.879 74 3.75
including 120 138 18 4.738 94 5.85
MTR-242 106 112 6 0.023 61 0.74
MTR-243 106 124 18 1.502 79 2.43
and 204 210 6 1.189 143 2.87
and 218 254 36 1.280 20 1.51
MTR-244 40 46 6 0.073 51 0.67
and 72 100 28 1.776 121 3.20
including 78 88 10 4.545 207 6.99
MTR-245 36 46 10 0.350 53 0.98
and 58 74 16 0.407 58 1.09
MTR-246 102 114 12 0.930 90 1.98
and 226 232 6 1.457 7 1.54
MTR-248 52 62 10 0.533 112 1.85
Drilling on the Carmen deposit continues with one core and one reverse
circulation rig.
Carotare Exploration Target
---------------------------
Two of the three new holes on the Carotare target show continuity between
surface and the previous intersections. The 12 holes for which results are
available indicate a mineralized structure with grades and widths very similar
to those on the Carmen extending along a length of at least 200 metres and to
a depth of at least 130 metres. This drilling already lends support to the
expectation that more epithermal, oxide, gold-silver deposits will be found on
the 28,000 hectare Monterde property.
Gold-
Drill From To Interval Gold Silver equivalent
Hole ---- -- -------- ---- ------ -----------
---- (metres) (metres) (metres) (g/t) (g/t) (g/t, Au +
Ag/85)
CTR-10 2 10 8 0.678 70 1.50
and 90 96 6 0.631 13 0.79
and 170 178 8 0.562 1 0.57
CTR-11 70 92 22 0.204 72 1.05
and 92 108 16 0.881 29 1.22
and 136 142 6 0.144 83 1.12
CTR-12 Scattered anomalous to 1g/t over length of hole (210 metres)
The drill on the Carotare target has now stepped out 200 metres to
another exposure of mineralization thought to belong to the same structure.
Drilling between these two sites will become a priority, if the new site
yields significant intersections.
Robert Longe, P.Eng.
President & CEO
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 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 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.
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