Mineral Resources

Base Case High Grade Mineral Resource Estimate for the Carmen and Veta Minitas Deposits
(At a 3.0g/t Recoverable Gold Equivalent Cut-off)

 Note 1: Columns with headings “Gold (g/t)”, “Silver (g/t)”, “Gold (ozs)” and “Silver (ozs)” all relate to contained metal and are before metallurgical recoveries are applied.

The mineral resource estimates for Carmen and Veta Minitas include a high grade mineral
resource considered to be potentially amenable to underground mining, and which is
surrounded by a lower grade mineral resource halo, some of which may be amenable to open
pit mining.

Base Case Total Mineral Resource Estimate (inclusive of High Grade) for the Carmen and Veta Minitas Deposits
(At a 0.3g/t Recoverable Gold Equivalent Cut-off)

 Note 1: Columns with headings “Gold (g/t)”, “Silver (g/t)”, “Gold (ozs)” and “Silver (ozs)” all relate to contained metal and are before metallurgical recoveries are applied.

Other Mineral Resource Estimates

The mineral resource estimate for Carotare is expected to be released in January 2010. Carotare is the third gold-silver deposit that with the Carmen and Veta Minitas deposits, comprise the Monterde Project.

Metallurgical Studies

Based on 329 individual metallurgical recovery characterization tests conducted across the
entire Carmen deposit, trends have been identified to relate the recovery to location within
the deposit and grade for each of silver and gold. As a result of this extensive metallurgical
test work, at a cut-off grade of 3 g/t recoverable gold equivalent, average modelled gold
recoveries were estimated as 96% for indicated mineral resources and inferred mineral
resources while the average modelled silver recovery was estimated as 72% for indicated
mineral resources and 75% for inferred mineral resources.
Based on the analysis of 17 individual metallurgical recovery characterization tests
conducted across the Veta Minitas deposit, at a cut-off grade of 3 g/t recoverable gold
equivalent, average modelled gold recoveries for Veta Minitas were 96% for indicated
mineral resources and inferred mineral resources while the average modelled silver recovery
was 37% for indicated mineral resources and for inferred mineral resources.

Qualified Persons

The mineral resource estimates were prepared by Mr. Gary Giroux, P.Eng., a senior associate
of Micon and the results are effective at November 17, 2009. This mineral resource estimate
was prepared using a three dimensional block model and ordinary kriging of 6 x 6 x 6 m
blocks. The estimation of grades was constrained by models of the geological and
mineralized zones created by Kimber geological staff under the supervision of Mr. Petrus
(Marius) Maré, P.Geo, Vice-President Exploration, and the designated Qualified Person (QP)
for the Monterde project. Models of the geology and mineralization of gold and silver at
Carmen were reviewed and approved by Mr. B. Terrence Hennessey, P.Geo., of Micon. The
wireframes of the high grade and low grade gold and silver mineralization were interpreted
into various sub-domains to optimize the sample search orientation by Pierre Desautels,
P.Geo., of PEG Mining Consultants Inc. The gold and silver metallurgical recovery models,
for the Carmen and Veta Minitas deposits, used to calculate gold and silver recoveries by
block and gold equivalent grade by block were prepared by Kimber staff and consultants, and
reviewed and approved by Richard Gowans, P.Eng., President of Micon.

National Instrument 43-101 Compliance

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Mr. Petrus (Marius) Mare P.Geo., Vice-President Exploration of the Company.  The exploration activities at the Monterde and Pericones project sites are carried out under the supervision of Mr. Mare, who is the designated Qualified Person under National Instrument 43-101 for the Monterde and Pericones projects. Mr. Petrus (Marius) Mare, Vice-President Exploration, is the designated Qualified Person (Q.P.) for the Monterde project, being responsible for quality assurance and quality control (“QA/QC”), and has verified the data being disclosed. He has determined that the laboratory reports matched the surface and adit sample logs and that the quality control assays fall within reasonable limits. QA/QC procedures incorporate blanks inserted at the core shack and standards inserted after sample preparation in respect of the Monterde Project samples.  Pulps are analyzed by ALS Chemex at its laboratory in North Vancouver, British Columbia, using 50 gram sub-samples, using fire assay with an AA finish for gold and four-acid digestion and ICP finish for silver from a 0.4 gram subsample. High grade gold or silver intervals are re-assayed by fire assay with gravimetric finish.

 Cautionary Note to U.S. Investors – The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce.  Kimber Resources uses certain terms on its website (and certain press releases), such as “measured,” “indicated,” and “inferred,” “resources,” which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20 F which may be secured from us, or from the SEC’s website at http://www.sec.gov/edgar.shtml.