Gordon Cummings makes case for Kimber: Low Capex, high mineability
Kimber Resources (TSX-V:KBR) is currently focused on exploring for and developing mineral deposits in Mexico. The flagship project for the Company, “Monterde” is located in Chihuahua state about 260 kilometres southwest of Chihuahua City in the heart of the Sierra Madre Gold belt. The Company has been active here since acquiring the property as a private company in 2000; the project’s NPV at $1,500 Au is $877 MM with an IRR just shy of 72%. Executive Editor Doug Hadfield spoke with CEO Gordon Cummings at the June WRIC Conference put on by Cambridge House.