Kimberley Metals (ASX:KBL) COO Stuart Mathews Speaks at Excellence in Mining 2010
Sydney, Sep 27, 2010 (ABN Newswire) - FINANCE VIDEO: Kimberley Metals (
ASX:KBL) COO Stuart Mathews Speaks at Excellence in Mining 2010 in Sydney.
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 A$18 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.
View the VideoCast Here:
http://www.abnnewswire/press/en/63817/Kimberley
About KBL Mining Ltd
KBL Mining Ltd (ASX:KBL) is an Australian resource Company listed on the ASX with a focus on producing precious and base metals. KBL's main assets include the Mineral Hill copper-gold-silver-lead-zinc mine near Condobolin in New South Wales and Sorby Hills lead-silver-zinc project in Western Australia. The Company has been operating the refurbished processing plant at Mineral Hill since October 2011 to produce copper-gold concentrates and in 2013 commenced producing a separate lead-silver concentrate. Sorby Hills (KBL holds 75% with Henan Yuguang Gold & Lead Co. Ltd (HYG&L) holding 25%) is a large near surface undeveloped silver-lead deposit close to port infrastructure and a short distance from Asian markets.
| ||
|
