Kimberley Metals Limited (ASX:KBL) Announce 2011 Exceptional Drilling Results at Sorby Hills

Sydney, Australia (ABN Newswire) - Kimberley Metals Limited (ASX:KBL) is pleased to announce initial results from a 6,000m reverse circulation drilling program currently underway at the Sorby Hills Project, near Kununurra in the East Kimberley region of Western Australia. Sorby Hills is the largest undeveloped silver-lead deposit at open cut depth in Australia and is jointly owned by Kimberley Metals Ltd (75%) and China's largest lead and silver smelter, Henan Yuguang Gold and Lead Company Ltd (25%).

The drilling program was designed predominantly to upgrade and extend the D-E Deposit (formerly known as D & E Pods) but also support an ongoing pre-feasibility study with sterilisation drill holes in areas of proposed mining infrastructure.

To date results have been received for the initial 24 holes drilled in the program of 111 holes, focused on the south and central portions of the D-E Deposit. The results have returned some exceptionally high grade intersections including but not limited to 11 metres at 18.5% Pb and 164 g/t Ag in hole KSHRC010, 12 metres at 18.1% Pb and 168 g/t Ag in hole KSHRC018, and 15 metres at 12.7% Pb and 114 g/t Ag in hole KSHRC014.

The Company is highly encouraged by the initial results and is confident that the drilling program will lead to a significant conversion of Inferred to Indicated Resource category and an upgrade in metal content for the D-E Deposit. Drilling is ongoing and a large number of additional assay results are still pending, with visual logging and field portable XRF results indicating further high grade silver and lead mineralisation.

D-E Deposit is open down dip to the east and likely to merge along strike with F Deposit to the north.

Kimberley's current strategy is to focus on shallow high grade mineralisation (<70m deep) amenable to low cost open pit mining operations in C-D-E deposits.

A recently completed detailed gravity program along the mineralised corridor outlines the structural/lithological controls on mineralisation. In particular, mineralisation appears to follow the flanks of gravity highs and highlights a number of new targets previously untested by drilling and outside of current Resources.

Kimberley Executive Chairman Mr Jim Wall said today 'The high grade and shallow nature of the mineralisation at the D-E Deposit provides an ideal location for initial low cost, high margin mining operations at Sorby Hills from 2013.'

For the complete Kimberley Metals announcement including figures and tables, please refer to the following link:
http://media.abnnewswire.net/media/en/docs/ASX-KBL-558804.pdf

About Kimberley Metals Limited:

Kimberley Metals Limited (ASX:KBL) is an Australian resource company listed on the ASX (ASX:KBL) with focus on precious and base metals. The Company (75%) and Henan Yuguang Gold & Lead Co. Ltd (HYG&L) (25%) own the Sorby Hills Lead-Silver-Zinc deposit in Western Australia, which is one of the world's largest near surface undeveloped lead deposits, with over 1 million tons of contained metal resources, close to port infrastructure and a short distance from Asian markets. The Company also owns the Mineral Hill project located in New South Wales, where in 2009 it discovered a high-grade gold resource less than 1km from its existing mining and processing facilities.

The Company is now operating the refurbished processing plant at Mineral Hill to produce copper concentrates. This will generate cash flows to assist development of its other projects. More information can be found on KBL's website at www.kimberleymetals.com.au.

Source:

Kimberley Metals Limited

Contact:

Jim Wall
Executive Chairman
Kimberley Metals Limited
Tel:  61-2-9927-2005

Stuart Mathews
Chief Operating Officer
Kimberley Metals Limited
Tel:  61-2-9927-2003