Kimber Resources Inc. - Carmen delivers 38 metres of 4.06 g/t gold equivalent
06 June 2006 - 9:20PM
PR Newswire (US)
(AMEX:KBX, TSX:KBR) VANCOUVER, June 6 /PRNewswire-FirstCall/ --
Results from drilling at Kimber's Monterde property continue to
show the expansion of the Carmen deposit towards the northeast and
southeast. This set of results includes four core holes on Carmen
(MTC), 11 reverse circulation ("RC") holes on Carmen (MTR) and one
RC hole from Carotare (CTR). Of the results reported, MTC-31 had 38
metres of 4.06 g/t gold- equivalent. This core hole was to obtain
geologic information and metallurgical samples in an important zone
near the north end of the deposit, where both grades and widths are
excellent. The intercept in this core hole correlates well with
previous RC holes. Of the step-out holes on the northeast of the
Carmen deposit, MTR-342 had 44 metres of 1.47 g/t gold-equivalent
and 18 metres of 2.53 g/t gold equivalent. MTR-350 had 10 metres of
2.89 g/t gold-equivalent in the same area of the deposit. MTR-343,
348, 349, 353 & 355 were step-outs to the southwest. Most
notable of these holes was MTR-349 with four metres of 6.09 g/t
gold- equivalent and MTR-348 with 10 metres of 1.74 g/t
gold-equivalent. The only additional RC hole from Carotare (CTR-32)
had scattered anomalies, but it was in the same area (West
Carotare) as the holes reported May 12th. As mentioned in that news
release, it is now believed that the structure targeted is dipping
in the direction opposite to what was expected. Drill roads and
pads are being constructed to provide access to the appropriate
part of the structure. Equiv- Drill From To Interval Gold Silver
alent Hole (m) (m) (m) (g/t) (g/t) (g/t)(x) ----- ----- ---
-------- ----- ------ -------- CTR- 32 scattered anomalous MTC- 28
4 10 6 0.54 79 1.60 and 126 130 4 0.93 23 1.24 and 208 214 6 2.88
122 4.51 and 220 230 10 0.87 59 1.66 MTC- 31 62 68 6 0.24 65 1.11
and 130 168 38 2.39 125 4.06 MTC- 32 196 202 6 2.05 37 2.54 and 222
242 20 1.18 13 1.36 MTC- 34 12 20 8 0.42 37 0.92 and 88 100 12 0.24
60 1.03 MTR-342 120 164 44 0.72 56 1.47 and 172 190 18 1.73 60 2.53
MTR-343 110 116 6 0.67 62 1.49 and 182 186 4 0.77 139 2.61 MTR-344
186 190 4 1.16 29 1.54 MTR-346 no significant intercepts MTR-347
256 260 4 2.67 5 2.73 MTR-348 222 232 10 1.29 39 1.80 MTR-349 208
212 4 3.85 168 6.09 MTR-350 78 92 14 0.26 52 0.95 and 130 134 4
0.90 56 1.65 and 138 148 10 1.29 120 2.89 and 206 210 4 1.65 14
1.83 MTR-353 scattered anomalous MTR-354 56 60 4 1.51 56 2.25 and
178 186 8 0.63 42 1.18 MTR-355 scattered anomalous (x) 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. Assay Lab The summer
drill programs, which are starting in Canada, are increasing the
number of samples sent to the assay laboratories. We are now seeing
an increase in turnaround time of our samples from a low of two
weeks over the winter to as much as four weeks recently. About
Kimber Kimber Resources Inc., which holds a 100% interest in the
Monterde property in the Sierra Madre of northern Mexico, is
advancing the Carmen gold- silver deposit towards production. The
Carmen deposit, an underground mine in the 1930's, is a typical low
sulphidation epithermal system, oxidized, and believed to be
suitable for open pit mining. Two adjacent epithermal systems first
identified in 2005, the Carotare deposit and El Orito Norte
exploration target appear to be similar to the Carmen. The initial
resource estimate on Carotare was reported in November 2005. The
goal of the company is to demonstrate at least three million
resource ounces from the two deposits and exploration target
identified. For further information on the company visit SEDAR or
the company website at http://www.kimberresources.com/. FOR FURTHER
INFORMATION PLEASE CONTACT: Darren Klinck Director, Investor
Relations or Robert Longe, P.Eng 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: 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. 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. DATASOURCE: Kimber
Resources Inc. CONTACT: Darren Klinck, Director, Investor
Relations, or Robert Longe, P.Eng, 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:
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