Kimber Resources Inc.

Kimber Resources Inc.

March 21, 2005 15:08 ET

Kimber's Carmen Deposit Continues to Develop


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: KIMBER RESOURCES INC.

TSX SYMBOL: KBR

MARCH 21, 2005 - 15:08 ET

Kimber's Carmen Deposit Continues to Develop

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 21, 2005) - Kimber
Resources Inc. (TSX:KBR):

Drilling on the Company's Monterde property in Chihuahua state, Mexico
continues to produce favourable results. Drill results reported below
fall into four groups: Cocos, Cob & Los Hilos, North Carmen, and core
holes. The intersections on the Cob structure will enlarge the Carmen
deposit. The northern limits of the Carmen structure are being defined
and the Cocos structure 200 metres to the east of Carmen is delivering
Carmen-type intersections which are likely to provide additional
resources. A map outlining the key mineralized structures and
exploration targets on the Monterde property is available on our website
at: www.kimberresources.com/newsletter.html?id=97.

Cocos

In keeping with the first two holes, three of the new holes reveal
grades and intervals similar to those found on the Carmen. Three other
holes appear not to have reached sufficient depth and deepening is being
considered. None of the Cocos intersections has been included in any
resource estimate. The structure remains open in both directions.



Gold-
-----
Drill Hole From To Interval Gold Silver equivalent
---------- ---- -- -------- ---- ------ ----------
(g/t, Au +
(metres) (metres) (metres) (g/t) (g/t) Ag/85)

MTR-205 180 210 30 1.210 32 1.59
MTR-208 110 116 6 0.936 1 0.94
and 122 136 14 0.177 72 1.02
and 170 174 4 0.778 50 1.36
MTR-211 No significant assays. May not have reached structure.
MTR-212 No significant assays. May not have reached structure.
MTR-213 148 156 8 2.378 26 2.68
MTR-217 No significant assays. May not have reached structure.


Cob and Los Hilos

Four new holes provide further confirmation that the Cob is an important
structure. With the exception of a small portion at the north end,
intersections on the Cob have not been included in any resource
estimate. All four holes, after intersecting the Cob structure,
continued to greater depths where they intersected the Los Hilos and, in
some cases, other unnamed structures. Some of these deeper structures
were included in the last resource estimate. These deeper intersections
will convert more of the Inferred resources to the Measured & Indicated
resource categories.



Gold-
-----
Drill Hole From To Interval Gold Silver equivalent
---------- ---- -- -------- ---- ------ ----------
(g/t, Au +
(metres) (metres) (metres) (g/t) (g/t) Ag/85)

MTR-207 52 58 6 1.540 199 3.88
and 98 104 6 0.279 53 0.90
and 118 122 4 1.621 169 3.60
and 158 176 18 1.068 42 1.56
MTR-209 0 4 4 0.825 23 1.09
and 12 16 4 0.493 107 1.75
and 32 38 6 0.331 51 0.93
and 48 56 8 0.053 41 0.53
and 92 98 6 0.188 56 0.84
and 122 132 10 0.276 37 0.71
and 148 154 6 3.747 23 4.02
and 170 178 8 2.761 61 3.48
and 188 208 20 1.612 16 1.80
MTR-219 42 52 10 2.462 208 4.91
and 126 140 14 0.500 70 1.32
MTR-220 58 70 12 0.928 104 2.15
and 162 166 4 2.864 95 3.98


North Carmen

Three of these four holes appear to have identified the limit of
economic mineralization on the Carmen structure towards the north. The
structure may continue to the west northwest.



Gold-
-----
Drill Hole From To Interval Gold Silver equivalent
---------- ---- -- -------- ---- ------ ----------
(g/t, Au +
(metres) (metres) (metres) (g/t) (g/t) Ag/85)

MTR-210 No significant assays
MTR-214 118 146 28 0.613 89 1.66
208 214 6 1.217 3 1.25
Ended in mineralization (1.99 g/t).
MTR-215 No significant assays
MTR-216 No significant assays


Core Holes

All the core holes are within the Carmen deposit. Their purpose was to
determine geological features and to provide material for metallurgical
testing. They also serve (within the differences expected between
reverse circulation and core drilling) to corroborate the nearby holes
at the same locations.



Gold-
-----
Drill Hole From To Interval Gold Silver equivalent
---------- ---- -- -------- ---- ------ ----------
(g/t, Au +
(metres) (metres) (metres) (g/t) (g/t) Ag/85)

MTC- 06 36 52 16 0.126 42 0.62
and 138 146 8 0.380 43 0.89
and 152 178 26 1.239 38 1.69
and 188 244 56 1.152 20 1.39
MTC- 07 54 64 10 0.404 120 1.81
and 86 136 50 0.926 129 2.45
MTC- 08 54 58 4 0.113 62 0.84
and 68 108 40 1.260 75 2.15
incl 80 88 8 4.863 123 6.31
MTC- 09 34 40 6 1.203 89 2.25
and 52 76 24 0.509 82 1.47
Incl 56 62 6 1.547 144 3.24
MTC- 10 18 28 10 0.286 50 0.87
and 44 54 10 2.216 69 3.03
and 196 200 4 0.930 43 1.44
and 234 238 4 3.470 48 4.03


Current Drilling

One reverse circulation drill rig will continue to test the Cocos as
well as structures in or near the Carmen deposit. The other drill is on
the Carotare exploration target where two holes have already been
drilled (no results yet) and three or four more are expected to be
complete within the next 10 days. The time between submitting samples
and obtaining results has improved recently to about four weeks.

Robert Longe, P.Eng., President

21 March, 2005

Mr. Alan Hitchborn, B.Sc., Vice President Development, manages the field
program of drilling and trenching on the Monterde project. Mr. J.B.
Richards, P.Eng., Vice President Engineering, and designated Q.P. for
the project is responsible for quality control and has verified the data
disclosed. He has determined that the laboratory reports matched the
drill sample logs and that the quality control assays fall within
reasonable limits. QA./QC procedures incorporate blanks and duplicates
inserted at the drill site and standards inserted after sample
preparation. Drill holes with the prefix "MTR" are by reverse
circulation; those pre-fixed "MTC" are core holes. A one eighth split of
each two-metre section of reverse circulation holes, weighing
approximately 6 kg is processed by ALS Chemex at its preparation
laboratory in Hermosillo, Mexico. Pulps are analysed by ALS Chemex at
its laboratory in North Vancouver, British Columbia, using 50 gram
subsamples, fire assay with an AA finish for gold and four-acid
digestion and ICP finish for silver from a 0.4 gram subsample. Highgrade
gold or silver intervals are re-assayed by fire assay with gravimetric
finish.

Statements in this release may be viewed as forward-looking statements.
Such statements involve risks and uncertainties that could cause actual
results to differ materially from those projected. There are no
assurances the Company can fulfil such forward-looking statements and
the Company undertakes no obligation to update such statements. Such
forward-looking statements are only predictions; actual events or
results may differ materially as a result of risks facing the Company,
some of which are beyond the Company's control.

-30-

Contact Information