Jan. 11, 2012
/PRNewswire/ - Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR) is pleased to announce the appointment of
as Chief Operating Officer.
"I am delighted to formally welcome Mr.
James "Jim" Currie
to Kimber Resources as our new Chief Operating Officer." said
, President and CEO of Kimber Resources. "Jim has tremendous experience in the engineering, construction and operation of mines with recent experience and a track record of success in gold mining in
at New Gold Inc. I have every confidence that Jim will be a most valuable member of senior management in leading the advancement of the Monterde project towards a production decision. In addition, I believe that Jim's extensive skills and range of experience in the mining sector greatly improves Kimber's potential to explore and develop multiple assets and build significant value for shareholders."
"I am pleased to be joining Kimber at this exciting stage in its development as a Company," said
. "The Monterde project is an attractive gold-silver asset with good potential for expanding high-grade gold-silver mineral resources at depth as shown by the drill results during 2011. I look forward to the prospect of further strengthening the technical team at Kimber, advancing the Monterde property to achieve its full potential and expanding the number of gold-silver projects being actively explored and developed by Kimber."
Mr. Currie is a mining engineer with over 30 years of experience in the mining industry, having worked on projects in North and
. Mr. Currie was recently Chief Operating Officer for New Gold Inc., a multi-mine gold producer with annual production of over 350,000 ounces of gold and market capitalization of over
. Prior to that, Mr. Currie was the Vice President, Operations for Miramar Mining Corp. ("Miramar") in
and was responsible for leading the development team of
10 million ounce gold mineral resource at Hope Bay in the Canadian Arctic prior to the acquisition of
by Newmont Mining Corporation. Mr. Currie has also worked as General Manager of Mauritanian Copper Mines SA.
Kimber owns mineral concessions covering in excess of 39,000 hectares in the prospective
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.