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KIMBER REPORTS GOLD-SILVER RESULTS IN TRENCHES AT VETA MINITAS, MONTERDE

February 7, 2011

VANCOUVER, Feb. 7 /PRNewswire/ – Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR)
is pleased to announce assay results from a program of comprehensive
channel sampling of surface trenches at the Veta Minitas deposit at its
Monterde Project in Mexico. 

“We are pleased with the results of these gold-silver assays from the
recent surface trenching program at the Veta Minitas deposit, which is
part of an on-going program to upgrade and expand the gold-silver
mineral resources at Monterde,” said Gordon Cummings, President and CEO
of Kimber Resources. “These results, which include some high grade
silver values, support and enhance our understanding of the gold-silver
mineralization at Veta Minitas and should benefit future mineral
resource estimates,” he said.

Highlights of the surface trench assay results from the Veta Minitas
structure are tabulated below:

Trench From

(m)

To

(m)

Width (m) Gold

(g/t)

Silver

(g/t)

T-S36M/B 6.09 12.18 6.09 0.12 37.0
T-S37M/C 6.13 12.27 6.13 1.48 178.0
including 7.16 11.24 4.09 2.11 247.0
T-S38M/B 13.11 23.19 10.08 0.05 53.7
T-S40M/A 22.09 23.29 1.20 0.76 333.9
T-S41M/A 0.00 5.74 5.74 0.26 66.4
and 10.53 17.22 6.70 0.19 90.4
T-S41M/D 4.90 10.78 5.88 0.10 40.0
T-S42M/A 0.00 12.36 12.36 0.54 173.6
including 2.09 5.24 3.14 1.35 341.0
T-S42M/C 0.00 6.38 6.38 0.13 64.0
and 35.80 41.69 5.89 0.24 79.0
including 37.55 38.75 1.20 0.90 155.0
T-43M/C 38.13 45.34 7.21 0.30 63.0
including 44.14 45.34 1.20 1.38 179.0

Trenching Program

During late 2010, a trenching program consisting of 24 trenches was
carried out at the Veta Minitas deposit located 250 metres west of the
main Carmen deposit. A total of 595 samples were collected and analysed
for gold, silver and other elements. The purpose of the program was to
define the structural controls on mineralization previously intersected
in drill holes and to determine if mineralization encountered in drill
holes could be traced to surface. The aim of the program was to
increase confidence in near-surface mineral resources and to
facilitate, where possible, the upgrade of inferred mineral resource
blocks to indicated or measured categories within the area of the
proposed open pit. In addition, areas outside the proposed pit were
excavated and sampled with the objective of increasing mineral
resources as well as providing information to guide future exploration.
This comprehensive channel sampling of surface trenches included full
quality assurance and quality control (“QA/QC”) procedures that should
support the results being included in the Monterde technical database.
True widths are estimated to be approximately 80% of the interval
widths reported herein.

Trenching Methodology

Trenches were located on section lines used for the drilling grid spaced
on 25 metre spacing, oriented 45 degrees, approximately perpendicular
to the mineralized structures. The trenches were excavated using a
backhoe where possible or dug by hand using pick and shovel where
access was difficult. The trenches were then washed with water and
broom until the bedrock was clearly exposed. Samples were then marked
out using a measuring tape at one metre intervals. A rock saw was used
to cut two parallel channels in the bedrock approximately five cm apart
and five cm deep. The beginning and end of each sample was marked by a
short saw cut perpendicular to the sample orientation. The area between
the two channels was chipped out using a hammer and chisel and placed
in a sample bag along with the sample tag and the bag secured with
cinch straps. Trench sampling followed the same QA/QC protocol used in
drilling. One duplicate sample was cut in the area where the highest
grade was expected by the geologist. One blank sample and one reference
standard were inserted into the sample stream approximately every 25
samples. The samples were then placed in a large bag with the sample
sequence recorded on the bag along with the laboratory address. The
samples were stored on site in a locked building until they were
transported to the ALS-Chemex preparation laboratory in Chihuahua. The
trenches were photographed before and after sampling. They were then
mapped in detail by the senior geologists and the data sent to
Vancouver.  The beginning and end of each trench was surveyed.

Trench Geology

Gold and silver mineralization is strongly related to zones of
silicification within broad zones of geochemically anomalous zinc.
Results of mapping and sampling indicate two semi-parallel zones of
mineralization separated by a corridor of weak to anomalous
mineralization. Fault and shear zones bordering the corridor dip into
the corridor indicating the possible presence of a graben. It is
possible that the mineralization expected there has been down faulted a
significant distance. Previous drilling at Veta Minitas has shown the
presence of high grade gold-silver mineralization within the corridor
at depth. 

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 Preliminary Assessment for Monterde in 2010
represented a significant step forward for Kimber and is expected to
lead to further development and more advanced economic studies at the
Monterde deposits including the completion of a pre-feasibility study
during 2011.

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 further development, expected
results and future economic assessments of the Monterde project. When
used in this press release, the words “expect”, “intend”, “hopes”,
“should”, “believe”, “may”, “will”, “if”, “anticipates” 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, risks relating to fluctuations in the price of
gold, 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.

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 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. Mr. Petrus (Marius) Mare,
Vice-President Exploration, is the designated Qualified Person (Q.P.)
for the Monterde project being responsible for quality control and has
verified the data being disclosed. He has determined that the
laboratory reports matched the surface and adit sample logs and that
the quality control assays fall within reasonable limits. QA/QC
procedures incorporate blanks inserted at the core shack (Monterde
project) and standards inserted after sample preparation (Monterde
Project).  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 on its website (and certain press releases), such as
“measured,” “indicated,” and “inferred,” “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.

SOURCE Kimber Resources Inc.


Source: newswire



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