The aggressive Rescue drilling program is fully permitted and scheduled to begin in June 2008. Crews have completed the access roads to the drill sites. The program is geared to increase sample density for enhanced definition and expansion of the project’s resource.
       The high-grade Rescue Vein has yielded historical grades of nearly one ounce per ton with some 60% occurring as free gold. High-grade gold and silver samples have been taken at multiple locations along the Rescue Vein.
       The first phase of the new diamond-drilling program will explore the Rescue Vein from surface, targeting the down-dip extensions of the three known ore-shoots. Upon completing the drill program, an independent geologic review of the exploration data will be conducted to update the NI 43-101 resource report. Historical grades at the Rescue Mine reportedly averaged nearly one ounce of gold per ton. Prior metallurgical testing indicates 88% of the free gold was recoverable by a gravity circuit and up to 80% of the sulfide-hosted gold was recoverable by either cyanide leaching or roasting. Metallurgical studies are ongoing and preliminary results suggest economic recoveries may be achievable without the use of these more costly methods.
       The Rescue property includes a 120-tpd mill, extensive mining equipment, a new mill building and electrical power. The recently purchased Knelson KC-CD20MS concentrator is on site and available for installation in 2008. The new concentrator is expected to enhance the gravity recoveries at the Rescue Mill. The concentrator is expected to eventually process ore from both the Rescue and Kimberly mines. Once in operation, results from bulk mill testing will be used in a feasibility study leading to commencement of full production.
       The Kimberly Gold Mine is a former gold producer located about 30 miles northwest of the Rescue Gold Mine. The property covers 480 acres, 24 unpatented claims, and includes ten separate tunnels with 7,500 feet of underground workings that have access to four parallel, gold-bearing veins, including the Kimberly/Gold Crest Vein. Exploration to date has identified an additional mineralized vein as well as two skarn horizons, potentially providing the first bulk tonnage drill targets.
       The Company believes the prolific gold region of central Idaho has considerable potential for developing satellite gold/silver production within a cost-effective radius of the Rescue Mill Complex.

       Kimberly Gold management team has a significant depth of experience in exploration, production, engineering, metallurgy, regulatory issues, and international finance.
       Kimberly Gold Chairman Kevin Shiell has over 25 years operational mine experience at such majors as Stillwater Mining and Hecla Mining.
       Don Rolfe, the company’s President, has more than 30 years of engineering and mine management experience with such stellar mining companies as Hecla Mining, Homestake Mining and Union Carbide.
       Most recently Steve Cutler, a seasoned geologist with more than 23 years experience in the mining industry, joined the Kimberly team as Vice President of Exploration. Cutler previously worked with Battle Mountain Gold, Amax Gold, Stillwater Mining and Coeur d’Alene Mines.

       With trial production poised to begin at the Rescue Gold Mine and an active exploration program to expand its resource base, Kimberly Gold is firmly on its way to bring its flagship project to full production and create cash flow to continue aggressive exploration and expansion of its gold-rich Rescue and Kimberly properties.
       The current drilling program will provide the data needed to establish a firm resource calculation, while bulk sample production will provide real numbers to help establish recovery rates and production economics.
       “Bringing the Rescue Mine to production will give Kimberly Gold the stable foundation needed to secure a very positive future for the company and its shareholders,” says Chairman Kevin Shiell. “Kimberly Gold Mines is well on its way to becoming a great junior gold company.”