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See more news releases in: Mining & Metals, Personnel Announcements

 

Kimber grants stock options and confirms position of Chief Financial Officer

    VANCOUVER, Dec. 5 /PRNewswire-FirstCall/ - Kimber Resources Inc.
 (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.