Kimber intersects two new gold-silver zones at Monterde

Kimber Resources’ (KBR-T) drilling on the Cocos and Cob structures has yielded gold and silver grades and widths comparable to those at Carmen on its Monterde property in Chihuahua state, Mexico. The company continues to drill exploration targets in addition to doing metallurgical and environmental studies on the project which is being eyed as an open pit mine.

Kimber will incorporate the latest drill results at Carmen into its resource estimate for the deposit.

Results for the first four drill holes at Cocos included: hole MTR-200 which intersected 16 metres grading 1.165 grams gold and 28 grams silver per tonne from a downhole depth of 206 metres; and MTR-204 which intersected 14 metres grading 0.454 gram gold and 57 grams silver from 152 metres depth and 26 metres grading 1.727 grams gold and 21 grams silver from 184 metres depth.

The Cocos structure runs parallel to and some 200 metres east of the Carmen deposit. The structure has been traced for some 300 metres. The overburden-covered ground between the Cocos and the Carmen deposit remains untested.

Five holes into the Cob structure on the east side of Carmen showed good grades over 10 to 15 metre widths along 150 metres of strike of a structure about 450 metres long.

MTR-198 returned 0.824 gram gold with 68 grams silver over 30 metres from a depth of 24 metres; MTR-202 intersected 10 metres of 1.958 grams gold with 157 grams silver from a depth of 78 metres downhole; and MTR-206 contained 16 metres of 2.093 grams gold and 165 grams silver per tonne from 106 metre depth.

Step-out holes north of the Dome fault showed Carmen-related structures continue for 75 metres north of the fault before coming to an end possibly owing to fault displacement.

Although several of the thirteen holes came up blank, thirteen significant intercepts were reported with grades up to 60 metres grading 0.311 gram gold and 122 grams silver from 70 metres depth.

Infill drilling at the main Carmen deposit in 2004 intersected the Carmen structure, splays and the Los Hilos structure. Results for infill drilling were highlighted by hole MTR-186 which returned two intercepts: 14 metres of 1.345 grams gold and 243 silver from 2 metres depth; and 24 mtetres of 1.663 grams gold and 118 grams silver from 246 metres down.