Baires, Following is Kimber's Preliminary Assessment/Resource Estimate from July 25, 2007. This will be updated in a few months. This gives all the information any acquirer would need at this stage in the game. It shows the gold and silver are there. When this thing gets going, this is all any Major is really going to need before going in and taking something like this over. Goldcorp has already proven that it didn't even need this much. Bull

KIMBER PROVIDES UPDATE ON RECENT ACTIVITIES,

ADDS TO CARMEN RESOURCES

July 25, 2007

VANCOUVER, BRITISH COLUMBIA - Kimber Resources Inc. (AMEX:KBX, TSX:KBR)

Kimber reports that, as part of its on-going appraisal of the Carmen gold-silver deposit on its Monterde property in Mexico, it has updated its resource estimate for the Carmen deposit and has also outlined a higher grade component to the Carmen resource that may be suitable for underground mining. The Monterde property is now estimated to contain (as detailed below) a Measured and Indicated mineral resource of 36.8 million tonnes containing 0.89 million ounces of gold and 46.7 million ounces of silver, and an additional Inferred mineral resource of 8.4 million tonnes containing 0.32 million ounces of gold and 7.3 million ounces of silver, making Monterde one of the larger gold-silver mineral resources in the prolific Sierra Madre belt in Mexico.

Monterde Project Activities

Over the past few months, Kimber has been focused on a detailed technical appraisal of the Carmen deposit in preparation for economic studies while, in parallel, expanding its exploration outside of the Carmen area with the objective of developing additional drill targets on its Monterde project in Mexico. Work on the Carmen deposit includes re-examination of all geologic data to provide a comprehensive and consistent geologic database, preparation of a robust geologic model, internal and external review of current resource estimates, updating of mineralization models, and initial estimates of resources which may be suitable for underground mining. Regional exploration underway elsewhere on the 29,000 hectare Monterde property includes stream sampling, prospecting, and surface sampling of targets identified.

Deeper Resource Additions

Recent preliminary work on underground mineable resources by consultant A.A. Burgoyne, P.Eng. and J.B. Richards, P.Eng., Kimber’s Vice President, Engineering, has resulted in an estimate that, beneath the volume of rock identified by Estimate M (the last block model estimate on the Carmen deposit), there are an additional 703,000 tonnes grading 6.41 g/t gold and 67 g/t silver using a cut-off of 3 g/t gold equivalent, in bodies at least 1.2 metres thick (see Table 1). This material, which is in the Inferred mineral resource category and was not included in resource Estimate M, amounts to an additional 165,000 gold-equivalent ounces at a gold-equivalent grade of 7.3 g/t using a factor of 75 to convert in-ground silver to gold equivalent.

Higher-grade Resources Within Estimate M

Recent resource work has also resulted in an estimate that, within the volume of rock forming Estimate M (and therefore not to be added to it), there are 3,118,000 tonnes grading 4.61 g/t gold and 162 g/t silver that have been identified using a cut-off of 3 g/t gold equivalent, in bodies at least 1.2 metres thick. This higher grade material, which may be suitable for extraction by underground mining methods, represents approximately 8% of the global resource tonnage in Estimate M (Table 2) and contains 52% of the gold and 37% of the silver. Even though most of it lies within 25 metres of a drill-hole, this “underground resource” material is classified as Inferred because of the higher continuity required for resources for underground mining. Compilation of the geological database, currently in progress, will allow Kimber to determine the best combination of open-pit and underground mining approaches.

Revision to Previous Estimate

As part of the review of mineral resource Estimate M, some additional blocks were identified that fell below the gold cut-off but still contain more than the 35g/t silver cut-off. These blocks were not included in the previous Estimate M report. Together with adjustments required to the published resources, there is a net positive change of 64,600 gold-equivalent ounces (a decrease in 5,346 gold ounces and an increase in 5,269,000 silver ounces) as shown in Table 1. The revised resources in Estimate M, which will be the subject of an amended technical report by G.H. Giroux, P.Eng, are shown in Table 2 below.

Resources on the Carmen Deposit

Table 1 summarizes changes to resources on the Carmen deposit: revision to Estimate M and addition of resources beneath Estimate M.

Table 1

Carmen Deposit: Increases to Resources

Table 2 below shows the updated Estimate M by G.H. Giroux, P.Eng, incorporating the changes to Estimate M noted in Table 1 above.

Table 2

Carmen Deposit: Estimate M, Revised

Estimate by Block Model Using Cut-off Grades suitable for open pit mining

by G. H, Giroux, P.Eng, of Micon International Limited

Cut-off grades used were 0.3 g/t Au or 35 g/t Ag. Gold equivalent assumes equivalence of 75 units of silver to one unit of gold.

Other Deposits

Resource estimates on the other deposits within the Monterde claims, the Veta Minitas and Carotare remain unchanged. Total resources for the entire Monterde project, including the revised Carmen resource provided in Table 2 above, are set out in Table 3 below.

Table 3

Resources on Monterde Property, July, 2007

Next Steps on Carmen Deposit

On completion of the updated geologic model, work will focus on optimizing metallurgical recoveries with a program of test work based on geologic setting. Metallurgical testing to date has indicated that consistently good gold recoveries can be obtained throughout the deposit but that silver recoveries have been highly variable, a situation that is not uncommon for gold-silver deposits in the Sierra Madre. The detailed geologic model, together with mineralogic studies, should assist in identifying geologic reasons for these variable recoveries and then provide the basis for assessing alternative processing methods to obtain the best possible silver recoveries. This work is an essential part of assessing the potential economic viability of the Carmen project and could provide the platform for a decision to aggressively pursue the path to a production decision.

FOR FURTHER INFORMATION PLEASE CONTACT:

Robert Longe, P.Eng

President and CEO

North America Toll Free: 1-866-824-1100

Tel: (604) 669-2251

Fax: (604) 669-8577

Website: http://www.kimberresources.com

Email: news@kimberresources.com