Exploration & Processing - Winter 2011 - (Page 122)
KIMBER RESOURCES INC.
BY STACI DAVIDSON
WITH A MINE THAT WAS DISCOVERED IN THE MID-1700S, KIMBER RESOURCES INC. HAS HISTORY ON ITS SIDE AS IT EXPLORES FOR GOLD AND SILVER IN MEXICO.
Kimber Resources has three active projects in Mexico – one is just outside of Mexico City, and the other two are in the northern region of the country. The company’s Monterde mine was discovered in the 1700s.
Kimber Resources Inc. www.kimberresources.com HQ: Vancouver Specialty: Gold and silver explo-
ration and development
Kimber Resources: “Kimber’s Monterde property is emerging as one of the northern Sierra Madre’s premier gold and silver properties.”
122 | EXPLORATION-PROCESSING.COM
ur history books are filled with stories of explorers seeking out treasures and new lands, and while some groups were successful and some of the stories are legendary in their excitement, they happened so long ago that the stories have taken on an almost mythical status. Vancouver-based Kimber Resources Inc. understands, however, that there is truth to those old stories, and while the original explorers may be long gone, the company can still reap benefits from their discoveries. “Our strategy is to excel as an exploration company specializing in the discovery, definition and development of gold and silver deposits in Mexico, building resources and advancing our projects into valuable assets capable of becoming profitable mining operations,” the company says. “We seek to achieve these goals by focusing our activities and cash expenditures on areas that will enhance our assets while maintaining safe work conditions, protecting the environment and building systematic relationships with local communities and stakeholders.” The company currently has operations at three properties in Mexico. Its flagship project – Monterde – is located in the state of Chihuahua in the heart of the Sierra Madre Gold belt. Kimber has been active here since acquiring the property in 2000. The company’s Pericones property is 11,800 hectares in size and is located approximately 100 kilometers southwest of Mexico City in a belt that is well known for occurrences of high-grade silver veins. The 10,000-hectare Setago property is located slightly southeast of Monterde. Kimber says the Setago prospect consists of a color anomaly with strong hematite and lesser silicic alteration hosted in felsic volcanic rocks. The historic Monterde mine was first discovered by the Spanish in the mid-1700s and later worked by locals. Between 1937 and 1943, Kimber says, Compañia Minera Guazapares S.A. produced gold and silver from the Carmen and Los Hilos structures. Production was from narrow tunnels dug at several levels into the Carmen shear. By today’s standards, the cut-off grade at 15 grams of gold per tonne was high. Mill capacity at 25 tonnes per day prevented economies of scale, which would have allowed a lower cut-off grade, Kimber explains. “Development was by following structures – no drills were used,” the company says.
Table of Contents for the Digital Edition of Exploration & Processing - Winter 2011
Exploration & Processing - Winter 2011
A Natural Solution
After the Fallout
Uranium on the Rise
Galleon Energy Inc.
Gibraltar Mines Ltd.
The Municipal Group of Companies
Selwyn Resources Ltd.
Redmond Minerals Inc.
Copper Fox Metals
OFM Pump Inc.
Sunshine Oilsands Ltd.
Pacific Rubiales Energy Co.
Thermo Design Engineering
Alexco Resource Corp.
North American Palladium
Mammoet Canada Eastern Ltd.
Industrial Equipment Manufacturing Ltd.
Guyana Goldfields Inc.
Flotek Industries Inc.
Dominion Terminal Associates
Compressor and Engine Service LLC
BEHR Energy Services Ltd.
LoneStar Energy Fabrication
American Oil & Gas – The Goliath Project
Alberta Oilsands Inc.
Southern Petroleum Laboratories Inc.
Cochrane Technologies Inc.
Crystal Flash Energy
Energold Drilling Corp.
Esperanza Resources Corp.
Explorator Resources Inc.
Rush Sales Co.
Kimber Resources Inc.
Nelson Bros. Oilfield (1997) Services Ltd.
Gulf Copper and Manufacturing
Exploration & Processing - Winter 2011