Metals/Mining - North Sydney, , AU
Kimberley became an independent entity in May 2008 when the shareholders of CBH Resources Limited agreed to the distribution of its 100% shareholding in Kimberley to CBH shareholders based on a consideration for the net assets acquired by Kimberley of $18.494 million.Kimberley's aim is to quickly become an established precious and base metal producer and has assembled a balanced portfolio of assets to achieve this goal. The Company's key assets are:The Mineral Hill Gold-Base Metal Project. Includes the recent discovery of shallow high grade gold mineralisation at the Pearse deposit and upgrading of the Parkers Hill polymetallic resource. Significantly, both are located within 1 kilometre of the existing process plant.The Sorby Hills Lead Silver Project. A substantial, near surface Inferred resource of 16.9 million tonnes grading 4.6% Pb and 56 g/t Ag, close to established infrastructure.The Constance Range Iron Project. Interest in a defined resource in a potential new iron ore province.
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