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Kimber grants stock options and confirms position of Chief Financial Officer
VANCOUVER, Dec. 5 /PRNewswire-FirstCall/ - Kimber Resources Inc.
(AMEX: KBX, TSX:KBR) announces that 400,000 stock options have been granted
to two recently appointed officers of the Company at an exercise price of
$0.78 per share. In addition Dr. Lyn Davies CA, whose appointment as Acting
Chief Financial Officer of the Company was announced on November 13, 2007,
has now been confirmed as the Company's Chief Financial Officer.
Kimber owns mineral concessions covering approximately 32,000 hectares
in the prospective Sierra Madre gold-silver belt, including the Company's
Monterde property where three gold-silver deposits have already been
identified, including the Carmen deposit. The Carmen deposit, which has
been extensively drilled, is currently undergoing detailed geologic
modeling in order to evaluate the potential for a combined open pit and
underground mining operation based on current resources. Further,
reconnaissance exploration carried out in 2007 has identified a number of
new exploration targets. In addition, the Company has a 100% interest in
the mineral concessions of its Pericones property, a 6300 hectare property
targeted for silver, located approximately 100 kilometres southwest of
Mexico City.
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.
CONTACT: Matthew Hamilton, Manager of Investor Relations or Gordon
Cummings CA, 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: news@kimberresources.com
SOURCE Kimber Resources Inc.
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