:: Kimber Resources : Monterde ::

Located in the heart of the Sierra Madre Gold Belt of Northern Mexico, the Monterde property stretches for 37 kilometres and encompasses more than 29,000 hectares (290 sq km). The belt is one of the most active for precious metals exploration and development in the world today. Since 2004, El Sauzal (Goldcorp), Ocampo (Gammon Lake), and Mulatos (Alamos) have been put into production. Dolores (Minefinders) and Palmarejo (Palmarejo) have started construction and many more companies have acquired property and are exploring along the trend.

The Monterde property includes the site of what was once the old underground Carmen Mine. The mine was operating from 1937 – 1945 and produced approximately 50,000 oz of gold with a cut-off grade of 15 g/t.

A reconnaissance exploration program was initiated in early 2007 and has identified numerous areas with anomalous values of gold and silver. More than 95% of the property has yet to be intensively explored, and the Company believes that the remaining areas have very good potential for future discoveries. Two new drill targets have been developed, one adjacent to the Carmen, one two kilometres to the Southwest. Depth drilling on Carmen is another primary focus for 2008.