Radium Resources (RADR)

[DarthTrader77]

Kimber-X Reviewing Fort a La Corne Data


2007-07-30 07:00 ET - News Release


WILMINGTON, Del. -- (Business Wire)

Kimber-X Resources Corp. (Pink Sheets:KRXR) Kimber-X wishes to confirm that the Company has received the available detailed geological information and outline of proposed work requested from its potential joint venture partner with regard to participating in a joint venture for a sizable claim block in the Forte a La Corne area of Saskatchewan. The Forte a la Corne area may host one of the most extensive kimberlite fields in the world and possibly the world's largest diamond deposit. Recently the two largest diamonds recovered in Saskatchewanof49.50 and 22.56 carats were discovered in Fort a la Corne. The Company’s geological evaluators are now reviewing and assessing the provided data with a view to participating and providing the requested funding.

The Fort a la Corne kimberlite field has seen significant advancements in geological and geophysical perception that has expanded the understanding of the nature of these deposits and the potential for other discoveries in the region. This combined with successful bulk sampling programs defines an increase in diamond size distribution that has significantly added to the confidence of the project and the drive toward an exploration decision.

The immediate area surrounding Fort a La Corne is geologically similar and is highly favorable to host additional kimberlite clusters. World models for kimberlite emplacement patterns points to a clustering effect that is generally offset by significant sub clusters. A review of assessment work for areas surrounding Fort a La Corne clearly indicates that up to now little to no effort has been applied to advance the understanding of the regional potential to host significant additional extensions. Initially the joint venture proposes to review the available data and to conduct a more detailed aeromagnetic survey of certain portions of the Property to confirm the results of the Company’s theories regarding low frequency sites.

Unique geological circumstances in the region have resulted in the kimberlites size and tonnage to be up to one hundred times any found worldwide totaling over 10 billion tonnes. The Sask craton axis runs directly through the joint venture area. The physical form of the kimberlites allow for open pit development at a low stripping ratio. The location of the kimberlite bodies in central Saskatchewan allows for exploration and development in an area that has significant infrastructure lowering cost of building and operating a diamond mine.


Contacts:

Kimber X-Resources Corp.
Investor Relations, Toll-Free: 1-888-789-0939
[e-mail]
www.kimber-x.com
or
TheOpeningBell Newsletter
John Gernannt,478-254-4138
EquityResearchIR.com
[e-mail]


Source: Kimber-X Resources Corp.