UPDATE: Kimber Down 3% Despite "High Grade" Gold and Silver Sample Results from Monterde
Kimber Resources Inc. (KBR.TO) announced the first set of results from its underground rehabilitation and sampling program within the historic Los Hilos level 0 and 1 underground workings of the Carmen deposit at the 100% owned Monterde gold-silver project in Chihuahua, Mexico.
Assay results from levels 0 and 1 at Hilos show significant gold and silver mineralization remaining in the historic workings in areas of the vein structure that were not removed by mining in the 1930s and 1940s.
KBR has fallen to 35 cents by 3%, almost hitting year low $0.335. Over 12,000 KBR shares have changed hands.
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