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Kimber intercepts 16.7 metres of 9.9 g/t gold equivalent at the Carmen Deposit, Monterde

November 28, 2011

VANCOUVER, Nov. 28, 2011 /PRNewswire/ – Kimber Resources Inc. (NYSE Amex:KBX,
TSX:KBR) is pleased to announce the results of four further drill holes
from its Monterde Project, Mexico. Three holes were drilled into the
Carmen Deposit, with the objective of expanding and upgrading mineral
resources potentially amenable to underground extraction (“Carmen Deep”
target), and one hole was a condemnation hole drilled in an area south
of the Carmen deposit.

“The intercept of 16.7 metres grading 5.3 g/t gold and 278.6 g/t silver
in hole MTC-140 is one of a number of excellent intercepts in holes
MTC-140 and MTC 144 where the Cob and Carmen structures were
intersected successfully by core drilling.” said Gordon Cummings,
President and CEO of Kimber Resources. “These holes contribute
additional evidence of strong gold-silver mineralization in the Carmen
and Cob structures at deeper levels than drilled prior to 2011 and
further advance our target of expanding the much higher grade portions
of the Carmen deposit at depth.”

Highlights of recent assay results from the Carmen deposit are tabulated
below, while complete results for all four complete holes are attached:

     ______________________________________________________________________
    |   Drill |       |From | To  |Intercept* |Gold  |Silver|     Gold     |
    |   Hole  |Section| (m) | (m) |    (m)    |(g/t) |(g/t) | Equivalent** |
    |         |       |     |     |           |      |      |    (g/t)     |
    |_________|_______|_____|_____|___________|______|______|______________|
    |MTC-140  |     33|181.6|198.3|           |   5.3| 278.6|              |
    |         |       |     |     |       16.7|      |      |           9.9|
    |_________|_______|_____|_____|___________|______|______|______________|
    |including|       |181.6|186.1|           |      | 556.1|              |
    |         |       |     |     |        4.5|   8.2|      |          17.5|
    |_________|_______|_____|_____|___________|______|______|______________|
    |including|       |188.1|189.4|           |   9.1| 546.0|              |
    |         |       |     |     |        1.3|      |      |          18.2|
    |_________|_______|_____|_____|___________|______|______|______________|
    |including|       |193.7|195.2|           |      |      |              |
    |         |       |     |     |        1.5|  20.0| 118.0|          21.9|
    |_________|_______|_____|_____|___________|______|______|______________|
    |and      |       |415.6|421.3|           |      |      |              |
    |         |       |     |     |        5.7|  12.1|  15.9|          12.4|
    |_________|_______|_____|_____|___________|______|______|______________|
    |including|       |418.9|419.9|           |      |      |              |
    |         |       |     |     |        1.0|  42.0|  50.5|          42.8|
    |_________|_______|_____|_____|___________|______|______|______________|
    |MTC-144  |     35|128.5|151.5|           |      |      |              |
    |         |       |     |     |       23.0|   1.4|  98.7|           3.0|
    |_________|_______|_____|_____|___________|______|______|______________|
    |including|       |135.7|138.1|           |      |      |              |
    |         |       |     |     |        2.4|   7.5| 312.3|          12.7|
    |_________|_______|_____|_____|___________|______|______|______________|
    |and      |       |489.2|491.5|           |      |      |              |
    |         |       |     |     |        2.3|  11.2|  17.8|          11.5|
    |_________|_______|_____|_____|___________|______|______|______________|

* True widths are expected to range between 65% and 85% of the intervals
reported on the table above.

**Gold equivalent grade assumes equivalence of 60 grams of silver to one
gram of gold.

Drill Hole Details

Drill hole MTC-140 was collared on section 33 to test the Carmen
structure south of previously released hole MTRD-477 (May 26(th), 2011 News Release). The hole cut the Carmen structure 20 metres south
of MTRD-477 at the 1945 metre elevation. MTC-140 returned 5.7 metres of
12.1 g/t gold and 15.9 g/t silver. Mineralization consisted of veins
and veinlets of coarse grained galena and chalcopyrite with minor
sphalerite in a strongly silicified felsic pyroclastic breccia. The
hole also intersected strong gold and silver values in the Cob
structure including 16.7 metres of 5.3 g/t gold and 278.6 g/t silver.

Drill hole MTC-144 was collared on section 35 and was designed to
intercept the Carmen structure at the 1860 metres elevation level to
trace previously reported high grade mineralization to the north. The
hole drifted to the north and intersected the Carmen structure slightly
north of section 36 at the 1860 metre elevation level. The hole
returned 2.3 metre of 11.2 g/t gold and 17.8 g/t silver associated with
strong silicification and veinlets of pyrite, chalcopyrite and
sphalerite. Hole MTC-144 has extended the new deeper Carmen zone of
high grade mineralization to nearly 300 metres in length and this high
grade mineralization remains open to the north and south.

Drill hole MTRD-509 was collared on section 36 and was designed to drill
test the Carmen structure at the 1600 metres level, over 300 metres
deeper than previous drilling on that section. The hole returned low
grade gold values from the trace of Carmen at depth but did show
evidence of the structure continuing to significantly deeper levels.

Drill hole WRD-11 was drilled as part of a condemnation drilling program
south of the main Carmen deposit. This hole returned 14.0 metres of
54.8 g/t Ag with anomalous gold from the possible extension of the
Carmen structure in an area never previously drilled.

Illustrations

A plan view of the location of the drill holes completed in 2011, with
the holes detailed in this release highlighted, can be viewed via the
link below.  In addition two vertical sections showing hole MTC-140 and
hole MTC-144 can also be viewed via the links shown below:

Plan View of Carmen 2011 drill holes
Vertical Section Showing Drill Hole MTC-140
Vertical Section Showing Drill Hole MTC-144

About Kimber

Kimber owns mineral concessions covering in excess of 39,000 hectares in
the prospective Sierra Madre gold-silver belt, including the Monterde
property, where three gold-silver mineral resources have already been
defined. The most advanced of these, the Carmen deposit, has been
extensively drilled and has undergone detailed geologic modeling. The
completion of the Updated Preliminary Economic Assessment for Monterde
in 2011 represented a significant step forward for Kimber and supports
further development and more advanced economic studies at the Monterde
deposits. The subsequent discovery of high grade gold-silver
mineralization below the mineral resources used in the preliminary
economic assessment adds a potentially significant new dimension to the
opportunities at Monterde.

Forward looking statements
Statements in this release may be viewed as forward-looking statements,
including statements regarding estimates of mineral resources at
Monterde, the preliminary assessment of the Monterde project, the
conversion of inferred mineral resources to measured and indicated
mineral resources, the conversion of mineral resources to mineral
reserves, life of mine estimates, the potential for gold and silver
mineral resources in the Carmen and Veta Minitas deposits and other
targets within the Monterde project, the implications of the results of
drill holes reported herein, the results of future exploration, the
economic potential of any such discoveries made, the further
development, expected results and future economic assessments of the
Monterde project. When used in this press release, words such as
“expect”, “intend”, “hopes”, “should”, “believe”, “may”, “will”, “if”,
“anticipates”, “potential for”, “potentially”, “suggests” and similar
expressions are intended to identify forward-looking statements. Such
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected. Such risks and
uncertainties include, among others, uncertainty of mineral reserve and
resource estimates, continuity of mineralization between drill holes,
risks relating to fluctuations in the price of gold and silver, the
inherently hazardous nature of mining-related activities, potential
effects on Kimber’s operations of environmental regulations in the
countries in which it operates, risks due to legal proceedings, risks
relating to political and economic instability in certain countries in
which it operates, risks related to the use of inferred mineral
resources in the preliminary assessment, and uncertainty of being able
to raise capital on favourable terms or at all, as well as those risk
factors discussed under the headings “Cautionary Note Regarding
Forward-Looking Statements” and “Risk Factors” in Kimber’s latest
Annual Report on Form 20-F as recently filed on SEDAR and EDGAR.  There
are no assurances the Company can fulfil such forward-looking
statements and the Company undertakes no obligation to update such
statements, except as required by law. 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.

Quality Assurance/Quality Control
The technical information in this news release has been prepared in
accordance with Canadian regulatory requirements set out in National
Instrument 43-101 and reviewed and approved by Mr. Petrus (Marius) Mare
P.Geo., Vice-President Exploration of the Company. The exploration
activities at the Monterde project site are carried out under the
supervision of Mr. Mare, who is the designated Qualified Person under
National Instrument 43-101 for the Monterde project and is responsible
for quality control at Monterde and has verified the data being
disclosed herein. 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 and standards inserted after sample preparation.
Sample preparation was done by ALS Chemex at its Chihuahua
laboratory. Pulps are analyzed by ALS Chemex at its laboratory in North
Vancouver, British Columbia, using 50 gram sub-samples, using fire
assay with an AA finish for gold and four-acid digestion and ICP finish
for silver from a 0.4 gram subsample. High grade gold or silver
intervals are re-assayed by fire assay with gravimetric finish.

Cautionary Note to U.S. Investors – The United States Securities and
Exchange Commission permits U.S. mining companies, in their filings
with the SEC, to disclose only those mineral deposits that a company
can economically and legally extract or produce.  Kimber Resources uses
certain terms in this news release and on its website, such as
“measured,” “indicated,” and “inferred,” “mineral resources,” which the
SEC guidelines strictly prohibit U.S. companies from including in their
filings with the SEC.  U.S. Investors are urged to consider closely the
disclosure under the heading “Cautionary Note to U.S. Investors
Regarding Mineral Reserve and Resource Estimates” in our latest annual
report on Form 20-F which may be secured from us, or from the SEC’s
website at
http://www.sec.gov/edgar.shtml.

Complete table of Carmen drill results
To accompany Kimber News Release Dated November 28, 2011

     ______________________________________________________________________________
    |   Drill |       |From |   To  |Intercept*|Gold |Silver|   Gold    |          |
    |   Hole  |Section| (m) |   (m) |   (m)    |(g/t)|(g/t) |Equivalent |Structure |
    |         |       |     |       |          |     |      |   (g/t)   |          |
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |MTC-140  |     33|181.6|  198.3|      16.7|  5.3| 278.6|        9.9|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |181.6|  186.1|       4.5|  8.2| 556.1|       17.5|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |188.1|  189.4|       1.3|  9.1| 546.0|       18.2|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |193.7|  195.2|       1.5| 20.0| 118.0|       21.9|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |240.7|  243.7|       3.0|  0.7|  54.8|        1.6|   Hilos  |
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |284.1|  285.5|       1.4|  0.9|  52.4|        1.8|  Hilos FW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |388.0|  390.4|       2.4|  9.3|  15.0|        9.5| Carmen HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |388.0|  389.5|       1.5| 14.8|   1.5|       14.8| Carmen HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |415.6|  421.3|       5.7| 12.1|  15.9|       12.4|  Carmen  |
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |418.9|  419.9|       1.0| 42.0|  50.5|       42.8|    Carmen|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |MTC-144  |     35|128.5|  151.5|      23.0|  1.4|  98.7|        3.0|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |128.5|  129.6|       1.1|  4.5| 175.0|        7.4|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |135.7|  138.1|       2.4|  7.5| 312.3|       12.7|       Cob|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |156.9|  162.9|       6.0|  0.1|  50.3|        0.9|    Unkown|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |203.1|  209.0|       5.9|  0.1|  64.1|        1.2|  Hilos HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |204.4|  205.7|       1.3|  0.1| 135.0|        2.3|  Hilos HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |243.5|  244.7|       1.2|  1.4|  82.9|        2.7|     Hilos|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |284.5|  285.5|       1.0|  1.6|  17.7|        1.9|     Hilos|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |300.0|  306.0|       6.0|  0.7|  11.9|        0.9|  Hilos FW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |432.0|  433.7|       1.7|  1.3|   3.3|        1.3| Carmen HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |489.2|  491.5|       2.3| 11.2|  17.8|       11.5|    Carmen|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |including|       |489.2|  490.3|       1.1| 18.3|  31.6|       18.8|    Carmen|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |MTRD-509 |     36|653.0|  655.0|       2.0|  0.7|   2.9|        0.8|  Hilos HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |735.0|  735.9|       0.9|  1.2|   0.3|        1.2|  Hilos HW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |938.0|  944.0|       6.0|  0.6|   0.4|        0.7|    Carmen|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |958.0|  961.5|       3.5|  0.8|   0.3|        0.8| Carmen FW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |993.0|1,005.2|      12.2|  0.7|   1.3|        0.7| Carmen FW|
    |         |       |     |       |          |     |      |           |     Splay|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |WDR-11   |     13| 38.0|   40.0|       2.0|  1.0|  92.3|        2.5|   Unknown|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|
    |and      |       |148.0|  162.0|      14.0|  -  |  54.8|        1.0|    Carmen|
    |         |       |     |       |          |     |      |           |Projection|
    |_________|_______|_____|_______|__________|_____|______|___________|__________|

* True widths are expected to range between 65% and 85% of the intervals
reported on the table above.

**Gold equivalent grade assumes equivalence of 60 grams of silver to one
gram of gold.

 

 

SOURCE Kimber Resources Inc.

PDF with caption: “Plan View of Carmen 2011 drill holes”. PDF available at: http://stream1.newswire.ca/media/2011/11/28/20111128_C9739_DOC_EN_7328.pdf

PDF with caption: “Vertical Section Showing Drill Hole MTC-140″. PDF available at: http://stream1.newswire.ca/media/2011/11/28/20111128_C9739_DOC_EN_7329.pdf

PDF with caption: “Vertical Section Showing Drill Hole MTC-144″. PDF available at: http://stream1.newswire.ca/media/2011/11/28/20111128_C9739_DOC_EN_7330.pdf


Source: PR Newswire