ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

KBX KnorrBremse AG

69.30
0.30 (0.43%)
23 Dec 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
KnorrBremse AG TG:KBX Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 0.43% 69.30 69.10 69.45 69.70 67.65 68.70 3,949 22:50:05

Kimber drills 18 metres of 17.7 g/t Au eq. at Carmen

08/08/2006 12:20pm

PR Newswire (US)


KnorrBremse (TG:KBX)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more KnorrBremse Charts.
Kimber Resources Inc. (AMEX:KBX, TSX:KBR) VANCOUVER, Aug. 8 /PRNewswire-FirstCall/ -- Kimber is pleased to report further drill results from both the Carmen and Carotare deposits. Carmen Deposit Drilling on the Carmen deposit focused on drilling infill holes to close gaps, and step-out holes to test the limits of the deposit. The most notable hole, MTR-363 returned 18 metres of 17.70 g/t gold equivalent including 4.0 metres of 70.67 g/t gold equivalent. This hole was targeting part of the Los Hilos structure located on the eastern part of Carmen, where there is an area of about 100 metres across with little drilling. This area has been followed up with MTR-384 (results pending), up dip from MTR-363, and will likely see further drilling if results continue to show intercepts of economic interest. MTR-365 located in an area between Carmen and Cocos returned a 44 metre interval of 2.29 g/t gold equivalent. MTR-373, positioned in the northern part of the Carmen was a step-out to continue testing the limits of the deposit. It intersected 6.0 metres of 5.41 g/t gold equivalent and 14 metres of 3.56 g/t gold equivalent and will be followed up with further step-outs in the same direction. MTR-367, 368, 370 and 371, also targeted to test the limits of the deposit, all reported scattered anomalous or scattered low grade. A few holes still to be drilled will continue to test the limits of the deposit The portions of the deposit likely to be included in an initial pit are now well defined. There will be a minimal number of holes drilled in a few zones where drill spacing needs to be tighter. Carotare Deposit Results from Carotare include two core holes (CTC) and one reverse circulation hole (CTR) all from Carotare East. Most notable was CTC-04 which returned 14.95 metres of 6.10 g/t gold equivalent including an interval of 2.95 metres of 16.10 g/t gold equivalent. This is a step out from CTR-10 (reported June 22, 2005) and from CTC-01 (reported March 2, 2006). To view the location of the drill results below in relation to the deposits, please utilize the Google Earth feature of our website at: http://www.kimberresources.com/monterde3d.html. Gold Equiv- Drill Hole From To Interval Gold Silver alent ---------- ---- -- -------- ---- ------ ------- (m) (m) (m) (g/t) (g/t) (g/t)(x) Carmen MTR-360 172 178 6 0.420 102 1.78 MTR-363 6 26 20 1.093 120 2.69 and 112 130 18 16.985 54 17.70 incl 116 120 4 69.600 81 70.67 and 162 166 4 2.721 16 2.93 and 206 210 4 1.404 14 1.59 MTR-364 60 66 6 1.114 206 3.87 MTR-365 182 226 44 1.109 89 2.29 incl 216 222 6 3.895 161 6.04 and 244 248 4 2.093 63 2.93 and 270 276 6 0.891 16 1.10 MTR-366 184 188 4 0.668 68 1.57 and 230 236 6 1.131 11 1.28 and 272 280 8 1.097 7 1.19 MTR-367 Scattered lowgrade MTR-368 Scattered anomalous MTR-369 56 66 10 0.020 46 0.63 and 72 104 32 0.039 55 0.77 and 190 194 4 1.111 56 1.86 MTR-370 Scattered lowgrade MTR-371 Scattered lowgrade MTR-372 166 172 6 0.705 46 1.31 MTR-373 120 140 20 0.495 50 1.16 and 164 172 8 2.983 83 4.09 and 210 216 6 3.586 137 5.41 and 278 284 6 2.156 61 2.96 and 288 302 14 1.825 130 3.56 and 346 350 4 2.667 5 2.73 hole ended in mineralization MTR-374 30 40 10 0.376 38 0.88 MTR-375 160 172 12 3.709 63 4.55 and 192 196 4 0.800 79 1.85 MTR-376 162 170 8 0.758 29 1.14 and 190 194 4 1.172 211 3.98 MTR-377 92 106 14 0.132 45 0.73 and 228 232 4 1.572 15 1.77 MTR-378 204 208 4 2.725 36 3.21 and 214 218 4 1.857 27 2.22 MTR-379 38 42 4 1.590 27 1.95 and 186 192 6 0.694 36 1.17 MTR-381 Scattered lowgrade to .90g/t Au MTR-382 22 40 18 0.432 103 1.81 incl 26 30 4 1.580 268 5.15 and 148 154 6 0.122 74 1.11 MTR-383 60 74 14 0.807 102 2.16 and 82 104 22 0.226 55 0.96 hole ended in mineralization Carotare CTC-04 110 126 16 1.518 10 1.65 and 176 190.95 14.95 5.900 15 6.10 incl 188 190.95 2.95 15.550 42 16.10 and 222 236 14 1.016 3 1.06 CTC-07 Scattered lowgrade CTR-33 222 228 6 1.267 3 1.31 (x) Gold equivalent grade assumes equivalence of 75 grams of silver to one gram of gold. True widths are expected to range between 65% and 85% of the intervals reported on the table above. All samples are prepared and analysed by ALS Chemex. About Kimber Kimber Resources Inc., which holds a 100% interest in the Monterde property in the Sierra Madre of northern Mexico, is advancing the Carmen gold-silver deposit towards production. The Carmen deposit, an underground mine in the 1930's, is a typical low sulphidation epithermal system, oxidized, and believed to be suitable for open pit mining. Two adjacent epithermal systems first identified in 2005, the Carotare deposit and El Orito Norte exploration target appear to be similar to the Carmen. The initial resource estimate on Carotare was reported in November 2005. The goal of the company is to demonstrate at least three million resource ounces from the two deposits and exploration target identified. For further information on the company visit SEDAR or the company website at http://www.kimberresources.com/. Mr. Fernando Oviedo, B.Sc., Project Manager, managed this program of drilling on the Monterde project. Mr. J.B. Richards, P.Eng., Vice President Engineering, and designated Qualified Person (Q.P.) for the project is responsible for quality control and has verified the data disclosed. 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 site and standards inserted after sample preparation. Drilling is by reverse circulation. A one eighth split of each two-metre section of the drill hole, weighing approximately 6 kg is processed by ALS Chemex at its preparation laboratory in Hermosillo, Mexico. Pulps are analysed by ALS Chemex at its laboratory in North Vancouver, British Columbia, using 50 gram subsamples, fire assay with an AA finish for gold and four-acid digestion and ICP finish for silver from a 0.4 gram subsample. Highgrade gold or silver intervals are re-assayed by fire assay with gravimetric finish. 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 fulfill 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: Darren Klinck, Vice President, Corporate & Investor Relations, or Robert Longe, P.Eng, 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: DATASOURCE: Kimber Resources Inc. CONTACT: Darren Klinck, Vice President, Corporate & Investor Relations, or Robert Longe, P.Eng, 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:

Copyright

1 Year KnorrBremse Chart

1 Year KnorrBremse Chart

1 Month KnorrBremse Chart

1 Month KnorrBremse Chart

Your Recent History

Delayed Upgrade Clock