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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's Carotare delivers 36 metres of 3.90 g/t gold equivalent

03/10/2006 12:00pm

PR Newswire (US)


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Kimber Resources Inc. (AMEX:KBX, TSX:KBR) VANCOUVER, Oct. 3 /PRNewswire-FirstCall/ -- Kimber is pleased to report further drill results from the Carotare, Carmen and Veta Minitas deposits at the Monterde project. Carotare Deposit Results are now available for three additional holes on the Carotare deposit. These include: CTC-06 36 metres @ 3.90 g/t Au eq. CTC-06, a step out to the northeast of the drill pattern, extends the mineralization down dip. Road and pad building continues at Carotare. Some drilling was completed in Carotare in September. Results from these samples will be processed as soon as possible. Veta Minitas Deposit The Veta Minitas is a partially-drilled structure lying some 200 metres to the southwest and in the footwall of the Carmen deposit. After a resource estimate of 50,200 gold-equivalent ounces in Measured & Indicated and 14,400 Inferred had been established in November 2004 (using a 85:1 gold/silver conversion ratio), drilling was directed to other targets. Recent drilling has been to investigate the possibility of additional resources on this structure. Results include: LMR-35 10 metres @ 10.54 g/t Au eq. LMR-37 28 metres @ 2.66 g/t Au eq. LMR-30 20 metres @ 2.22 g/t Au eq. & 6 metres @ 4.85 Au eq. LMR-35 was drilled to the southwest of LMR-31 and gave first indications of a high grade zone at depth. Other intervals of interest were found in LMR-37 and LMR-30. Carmen Deposit Drilling at Carmen included testing the limits to the northern part of the deposit and some infill holes. Results include: MTR-380 8 metres @ 4.98 g/t Au eq. MTR-405 4 metres @ 6.91 g/t Au eq. MTR-415 14 metres @ 1.89 g/t Au eq. MTR-380 was in the northern part of the deposit and was targeting extensions of the Carmen deposit. MTR-405 reported a near surface intercept within the Los Hilos structure. MTR-415 was an infill hole between MTR-257 (reported August 11, 2005) and MTR-354 (reported June 6, 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 Drill Equi- Hole From To Interval Gold Silver valent ----- ---- --- -------- ----- ------ -------- (m) (m) (m) (g/t) (g/t) (g/t)(x) CTC- 06 118 136 18 1.740 3 1.78 and 144 154 10 2.439 5 2.51 and 166 176 10 2.653 2 2.68 and 180 216 36 3.793 8 3.90 and 248 254 6 1.765 3 1.80 CTR- 41 no significant intercepts CTR- 42 128 132 4 1.968 16 2.18 and 208 214 6 1.099 5 1.17 LMC- 01 40 56 16 0.069 66 0.94 LMC- 02 30 38 8 0.644 41 1.19 and 54 64 10 0.144 99 1.46 and 86 94 8 0.174 53 0.87 and 186 198 12 0.273 65 1.14 LMR- 28 80 90 10 0.724 58 1.49 LMR- 29 10 14 4 0.128 164 2.31 LMR- 30 150 158 8 0.087 52 0.78 and 170 190 20 0.589 123 2.22 incl 182 188 6 1.823 227 4.85 LMR- 31 74 90 16 0.068 94 1.32 and 102 110 8 0.741 199 3.39 and 122 128 6 0.242 62 1.06 and 180 214 34 0.150 116 1.69 and 260 268 8 0.576 27 0.93 LMR- 33 50 58 8 0.557 64 1.41 LMR- 34 22 40 18 0.055 89 1.25 LMR- 35 98 120 22 0.050 67 0.94 and 158 166 8 0.040 87 1.20 and 300 310 10 9.531 76 10.54 LMR- 36 scattered anomalous LMR- 37 54 82 28 0.686 148 2.66 and 172 180 8 0.334 53 1.03 LMR- 38 48 58 10 0.563 82 1.65 and 78 82 4 0.589 89 1.78 and 186 198 12 0.089 50 0.76 and 222 234 12 0.046 143 1.96 LMR- 40 scattered anomalous MTC- 36 scattered anomalous MTR-380 270 278 8 4.749 17 4.98 MTR-403 54 68 14 0.125 43 0.69 and 134 138 4 0.843 104 2.23 and 216 220 4 0.932 98 2.24 hole ended in mineralization MTR-405 16 20 4 3.028 292 6.91 MTR-406 6 10 4 0.643 88 1.81 and 28 44 16 0.127 71 1.08 and 78 86 8 0.405 48 1.04 incl 82 86 4 0.746 59 1.53 MTR-408 90 100 10 0.448 57 1.21 and 116 120 4 3.178 67 4.06 and 210 214 4 1.990 19 2.24 and 220 226 6 0.570 36 1.05 and 234 238 4 0.945 164 3.13 MTR-409 scattered anomalous MTR-410 188 192 4 1.837 71 2.78 MTR-411 scattered anomalous MTR-412 94 100 6 0.396 138 2.23 MTR-413 scattered anomalous MTR-414 scattered anomalous MTR-415 0 12 12 0.076 48 0.71 and 30 52 22 0.013 58 0.79 and 84 100 16 0.158 54 0.88 and 160 174 14 1.349 41 1.89 MTR-416 scattered anomalous MTR-417 146 154 8 0.282 62 1.11 MTR-418 scattered anomalous MTR-419 scattered anomalous MTR-420 scattered anomalous MTR-421 scattered anomalous (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 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 Chihuahua, 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:

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