Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Kimber Resources Inc. - Exhibit 4.m

20F ITEM 19 Exhibit 4.m 

 Schedule "A" 

  Kimber Resources Inc. 

2002 STOCK OPTION PLAN 

 Dated for Reference March 28, 2002 

  As Amended By Shareholder Resolutions Passed December 10, 2003 

ARTICLE 1 

PURPOSE AND INTERPRETATION 

Purpose

	
1.1      		 The purpose of the Kimber Resources Inc. 2002 Stock
        Option Plan (the "Plan") is to promote the profitability and growth of
        Kimber Resources Inc. (the "Company") by facilitating the efforts of
        the Company and its Affiliates, if any, to attract and retain Employees
        and others engaged to provide ongoing services to the Company and its
        Affiliates. The Plan provides an incentive for and encourages ownership
        of the Company's shares by Directors, Officers, Employees, Consultants
        and others engaged to provide ongoing services to the Company and its
        Affiliates and to provide an inducement for them to make a maximum contribution
        to the Company's success and benefit from increases in the value of the
        Company's shares. 

Proposed IPO and Application for Listing

	 1.2      	 While the Company is, as of the date hereof, a privately
        held company, this Plan has been prepared in anticipation of the Company's
        proposed initial public offering and application for listing of its Common
        Shares on the Canadian Venture Exchange or another stock exchange. There
        is no assurance that such initial public offering will be effected or
        that the Company will be successful in obtaining a listing of the Common
        Shares on any stock exchange. 

 Definitions

	1.3	 In the Plan: 

       Affiliate has the meaning assigned thereto in
        the Securities Act; 

      Associate has the meaning assigned thereto in
        the Securities Act; 

      Board means the board of directors of the Company;
      

       Change of Control means the acquisition by any
        Person or by any Person and any other Person acting jointly or in concert
        with the first-mentioned Person, whether directly or indirectly, of Voting
        Securities of the Company which, when added to all other Voting Securities
        of the Company at the time held by such Person or Persons totals for the
        first time not less than 35% of the then outstanding Voting Securities
        of the Company; 

       Common Shares means common shares in the capital
        of the Company; 

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  Company means Kimber Resources Inc.; 

  Consultant means, in relation to the Company, an individual (or a
    company wholly-owned by individuals) who: 

	 	 	 (a)      	 provides ongoing consulting services to the Company
        or an Affiliate of the Company under a written contract; 

	 
	 	 	 (b)      	 possesses technical, business or management expertise
        of value to the Company or an Affiliate of the Company; 

	 
	 	 	 (c)      	 spends a significant amount of time and attention
        on the business and affairs of the Company or an Affiliate of the Company;
        and 

	 
	 	 	 (d)      	 has a relationship with the Company or an Affiliate
        of the Company that enables the individual to be knowledgeable about the
        business and affairs of the Company. 

	 	 
	 	Date of Grant means,
        in respect of any Option, the date on which such Option is granted by
        the Board as evidenced by a Board resolution; 

       Director means a director of the Company or any
        Affiliate of the Company;

       Effective Date means the date on which this Plan
        takes effect, namely the date on which the Company closes its initial
        public offering and its Common Shares are listed for trading on the Canadian
        Venture Exchange or another stock exchange, and if such events do not
        occur on the same date, the later of the two dates; 

       Employee means: 

	 	 	 	 
	 	 	 (a)      	 an individual who is considered an employee under
        the Income Tax Act (Canada) (i.e., for whom income tax, employment insurance
        and CPP deductions must be made at source); 

	 
	 	 	 (b)      	 an individual who works full-time for the Company
        or an Affiliate of the Company providing services normally provided by
        an employee and who is subject to the same control and direction by the
        Company or an Affiliate of the Company over the details and methods of
        work as an employee of the Company or an Affiliate of the Company, but
        for whom income tax deductions are not made at source; or 

	 
	 	 	 (c)      	 an individual who works for the Company or an Affiliate
        of the Company on a continuing and regular basis for a minimum amount
        of time per week providing services normally provided by an employee and
        who is subject to the same control and direction by the Company or an
        Affiliate of the Company over the details and methods of work as an employee
        of the Company or an Affiliate of the Company, but for whom income tax
        deductions are not made at source; 

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  Expiry Date means the day on which an Option lapses
    as specified in the Option Agreement therefor; 

   Insider means an insider as defined in the Securities
    Act;

   Investor Relations Activities means any activities
    or oral or written communications, by or on behalf of the Company or shareholder
    of the Company, that promote or reasonably could be expected to promote the
    purchase or sale of securities of the Company, excluding certain activities
    as more particularly set out in the Canadian Venture Exchange's definition
    of "Investor Relations Activities" in its Policy 1.1; 

   Management Company Employee means an individual employed
    by a Person providing management services to the Company or an Affiliate of
    the Company which are required for the ongoing successful operation of the
    business enterprise of the Company or an Affiliate of the Company, but excluding
    a Person engaged in Investor Relations Activities; 

   Officer means an officer of the Company or of an
    Affiliate of the Company appointed as such at any time and from time to time
    by the Board or by the board of directors of the Affiliate of the Company,
    as the case may be; 

   Option means the right to purchase Common Shares
    granted hereunder;

   Option Agreement means the agreement between the
    Company and a Service Provider containing the grant of an Option; 

   Optioned Shares means Common Shares subject to any
    Option;

   Optionee means a Person to whom any Option is granted
    by the Company under the Plan; 

   Outstanding Issue at any time means the number of
    Common Shares outstanding at that time on a non-diluted basis; 

   Person means an individual or a corporation, incorporated
    association or organization, body corporate, partnership, trust, association
    or other entity other than an individual; 

   Plan means this Kimber Resources Inc. 2002 Stock
    Option Plan;

   Regulatory Approval means the approval of any stock
    exchange or securities regulatory agency that may have jurisdiction over the
    Common Shares in the circumstances; 

   Reserved for Issuance refers to unissued Common Shares
    that may be issued in the future upon the exercise of Options granted hereunder;
  

   Securities Act means the Securities Act, R.S.B.C.
    1996, c. 418, as amended from time to time; 

   Service Provider means any Director, Employee, Management
    Company Employee, Consultant or Officer; 

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  Share Compensation Arrangement means the Plan described
    herein and any other stock option, stock option plan, employee stock purchase
    plan or any other compensation or incentive mechanism involving the issuance
    or potential issuance of shares to one or more Service Providers, including
    a share purchase from treasury which is financially assisted by the Company
    by way of a loan, guarantee or otherwise; 

   Subscription Price means, in respect of any Option,
    the amount payable per Common Share on the exercise of such Option, as determined
    in accordance with section 3.2; 

   Take Over Bid has the meaning assigned thereto in
    the Securities Act, but excludes an exempt take over bid pursuant to section
    98 of the Securities Act; 

   Voting Security has the meaning assigned thereto
    in the Securities Act.

  ARTICLE 2 

  ESTABLISHMENT OF THIS PLAN AND NUMBER OF OPTIONED
  SHARES AVAILABLE UNDER THIS PLAN

Establishment of 2002 Stock Option Plan 

	
2.1      		
This Plan, called the 2002 Stock Option Plan, is hereby established to recognize contributions made by Service Providers and to create an incentive for their continuing relationship with the Company and its Affiliates.	

Number of Optioned Shares Available under this Plan

	 2.2      	 As of the Effective Date, the total number
        of Optioned Shares available for issue under this Plan upon the exercise
        of Options granted hereunder is: 

	 
	 	(a)	 5,294,613 Optioned Shares (being 20% of the Outstanding
        Issue at 4:30 pm on January 12, 2004) minus 

	 
	 	 (b)      	 the number of Common Shares in respect of which
        options remain outstanding under any existing option agreements in effect
        as of the Effective Date, provided that if and to the extent any such
        option granted under any existing option agreement expires or is cancelled
        or terminated after the Effective Date of this Plan without having been
        exercised in whole or in part, the number of Common Shares in respect
        of which any such option so expired or is cancelled or terminated shall
        be considered to be part of the pool of Common Shares available for Optioned
        Shares under this Plan and shall not be deducted from the maximum set
        out in paragraph (a); 

	 
	 	 and the President of the Company is hereby
        authorized to fill in the blank left in paragraph (a) following closing
        of the Company's initial public offering, such completion to be accompanied
        by the President's initials in the margin beside paragraph (a). 

	 

 5

Eligibility 

	
2.3      		 Options to purchase unissued Common Shares may be
        granted hereunder to any Person who is a Service Provider. Any Person
        who receives an Option hereunder who subsequently ceases to hold the position
        in which he received such Option shall continue to be eligible to hold
        such Option as an Optionee as long as he otherwise falls within the definition
        of "Service Provider". 

Incorporation of Terms of Stock Option Plan

	
2.4      		 Subject to specific variations approved by the Board
        in respect of any Option, such variations not to be inconsistent with
        the provisions of this Plan, all terms and conditions set out herein will
        be incorporated by reference into and form part of any Option granted
        hereunder. 

Limitations on Grant of Options

	 2.5      	 The number of Common Shares Reserved for Issuance
        to any one individual under this Plan at the time of granting shall in
        no event exceed 5% of the then Outstanding Issue. 

	 
	 2.6      	 An individual can receive grants of Options of no
        more than 5% of the Outstanding Issue on a yearly basis. 

	 
	 2.7      	 The aggregate number of Options granted to Consultants
        shall not exceed 2% of the Outstanding Issue at the time of the granting.
      

	 
	 2.8      	 The aggregate number of Options granted to Persons
        employed in Investor Relations Activities shall not exceed 2% of the Outstanding
        Issue at the time of granting unless any stock exchange having jurisdiction
        permits otherwise. 

Shares Not Acquired

	
2.9      		 If and to the extent any Option granted under this
        Plan expires or is cancelled or terminated without having been exercised
        in whole or in part, the number of Optioned Shares in respect of which
        any such Option so expired or was cancelled or terminated shall be considered
        to be part of the pool of Common Shares available for Optioned Shares
        hereunder and may be made the subject of a further Option or Options pursuant
        to the provisions of this Plan. 

Administration of the Plan and Powers of the Board

	 2.10      	 The Board will be responsible for the
        general administration of the Plan and the proper execution of its provisions,
        the interpretation of the Plan and the determination of all questions
        arising hereunder and any such interpretation or determination made by
        the Board shall be final, binding and conclusive for all purposes. Without
        limiting the generality of the foregoing, the Board has the power to:
      

	 
	 	(a)	 allot Common Shares for issuance in connection with
        Options granted under the Plan; 

	 
	 	 (b)      	 grant Options hereunder; 

	 
	 	 (c)      	 subject to Regulatory Approval, amend, suspend,
        terminate or discontinue the Plan, or revoke or alter any action taken
        in connection therewith, except that no 

	 

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	 	amendment or suspension of the Plan shall alter or
        impair any then outstanding Option without the written consent of the
        Optionee holding such Option; 

	 	 
	 (d)      	 except for the provisions of paragraph 2.10(a),
        delegate all or such portion of its powers hereunder as it may determine
        to one or more committees of the Board, either indefinitely or for such
        period of time as it may specify, and thereafter each such committee may
        exercise the powers and discharge the duties of the board in respect of
        the Plan so delegated to the same extent the Board is hereby authorized
        so to do. 

  ARTICLE 3 

  TERMS AND CONDITIONS OF OPTIONS

General 

	 3.1      	 Each Option shall be in such form and shall contain
        such terms and conditions as the Board shall deem appropriate. The grant
        of an Option shall be evidenced by a written Option Agreement, executed
        by the Company and the Service Provider, stating the number of Optioned
        Shares subject to the Option evidenced thereby and otherwise in such form
        as the Board may determine. The provisions of separate Options need not
        be identical, but each Option shall include (through incorporation of
        provisions hereof by reference in the Option or otherwise) the substance
        of each of the provisions set out below in this Article 3. 

Subscription Price

	 3.2      	 Subject to the following proviso, the
        Subscription Price per Optioned Share shall be: 

	 
	 	(a)	 the price determined by the Board at its sole discretion,
        if the Common Shares are not listed on a stock exchange; 

	 
	 	 (b)      	 the closing price for the Common Shares on the stock
        exchange on which the Common Shares of the Company are traded at the Date
        of Grant on the last trading day before the Date of Grant, if the Common
        Shares are listed on a stock exchange; 

	 
	 	 (c)      	 if the Board determines that the Subscription Price
        determined in accordance with paragraph (b) above is not a representative
        price, the weighted average of the trading prices for the Common Shares
        on the five trading days before the Date of Grant, subject to the approval
        of any stock exchange having jurisdiction; or 

	 
	 	 (d)      	 if the Common Shares are listed on more than one
        stock exchange at the Date of Grant, then as calculated in (b) and (c)
        above using the trading price or prices on the stock exchange on which
        a majority of the Common Shares are traded, subject to the approval of
        any stock exchange having jurisdiction; 

	 
	 	 PROVIDED that if, on the Date of Grant
        in respect of any Option, the Common Shares are listed on a stock exchange
        and the policies of such exchange permit the Board to establish a 

	 

 7

 Subscription Price for such Option
  at a discount to the trading price or prices referred to in paragraphs (b),
  (c) and (d) above, then the Board may, at its sole discretion, establish a Subscription
  Price that reflects a discount, up to the maximum discount so permitted. 

Maximum Term

	3.3 	No Option shall be exercisable after the expiration
        of five (5) years after its Date of Grant.

Assignability and Transferability 

	
3.4      		 An Option shall not be assignable or transferable
        except by will or by the laws of descent and distribution and shall be
        exercisable during the lifetime of any Person to whom the Option is granted
        only by such Person. Notwithstanding the foregoing, the Person to whom
        the Option is granted may, by delivering written notice to the Company,
        in a form satisfactory to the Company, designate a third party who, in
        the event of the death of the Optionee, shall thereafter be entitled to
        exercise the Option. 

Vesting

	 3.5      	 Any Option granted: 

	 
	 	(a)	 to any Consultant employed to provide Investor Relations
        Activities services to the Company shall vest in stages over 12 months
        with 25% of the Option vesting upon completion of each three-month period;
        and 

	 
	 	 (b)      	 to any other Optionee shall vest in stages over
        18 months, with one third of the Option vesting upon the Date of Grant
        of the Option, one third on the date which is nine months after such Date
        of Grant and the remaining one third on the date which is 18 months after
        such Date of Grant, 

	 
	 	 PROVIDED that the Board may in its sole
        discretion impose in respect of any Option a vesting schedule over a period
        of time that is longer than 18 months, in which case such Option shall
        vest in accordance with the terms and conditions imposed by the Board.
      

Accelerated Vesting in Event of Change of Control or Take Over Bid

	
3.6      		 Notwithstanding anything in section 3.5 to the contrary,
        the Board may, at any time, with respect to any particular Optionee, determine
        that if there is a Change of Control or Take Over Bid, the Option held
        by that Optionee may be exercised by the Optionee in full at any time
        or from time to time on or before its expiry date. 

Securities Law Compliance

	
3.7      		 The Company may require any Optionee to provide
        such other representations, written assurances or information which the
        Company shall determine is necessary, desirable or appropriate to comply
        with applicable securities and other laws as a condition of granting an
        Option to such Optionee or permitting the Optionee to exercise such Option.
        The Company may, upon advice of counsel to the Company, place legends
        on share certificates issued under the Plan as such counsel deems necessary
        or appropriate in order to comply with applicable securities laws and
        the requirements of any stock exchange having jurisdiction, including,
        but not limited to, legends restricting the transfer of the Option Shares
        evidenced thereby. 

 8

Optionee Ceasing to be a Service Provider 

	 3.8      	 If an Optionee ceases to be a Service
        Provider to the Company or any Affiliate of the Company, any Option held
        by such Optionee may be exercised following the date on which such Optionee
        left the employ or service of the Company or any of its subsidiaries or
        affiliates at any time up to the Expiry Date as follows: 

	 
	 	(a)	 in the case of the death of an Optionee, any Option
        held by him at the date of death shall become exercisable, whether or
        not the Optionee was eligible to exercise the Option in whole or in part
        at the date of the Optionee's death, but only by the Person or Persons
        to whom the Optionee's rights under the Option shall pass by the Optionee's
        will or laws of descent and distribution. Any such Option shall be exercisable
        only until the earlier of (i) the date which is 12 months after the date
        of death and (ii) expiration of the term of the Option; 

	 
	 	 (b)      	 if an Optionee ceases to be a Service Provider to
        the Company or any Affiliate of the Company due to the Optionee's disability
        (as determined by the Board), any Option held by such Optionee may be
        exercised until the earlier of (i) the date which is 12 months after the
        date of death and (ii) expiration of the term of the Option, but only
        to the extent that the Optionee was eligible to exercise the Option at
        the date the Optionee ceases to be a Service Provider to the Company or
        any Affiliate of the Company; 

	 
	 	 (c)      	 if an Optionee ceases to be a Service Provider to
        the Company or any Affiliate of the Company (other than as a result of
        termination with cause), any Option held by such Optionee may be exercised
        for a period of 90 days following the date on which such Optionee ceases
        to be a Service Provider, but only to the extent that the Optionee was
        eligible to exercise the Option at the date the Optionee ceased to be
        a Service Provider to the Company or any Affiliate of the Company; 

	 
	 	 (d)      	 if an Optionee engaged in Investor Relations Activities
        ceases to be a Service Provider, an Option held by such Optionee may be
        exercised for a period of 30 days following the date on which such Optionee
        ceases to be a Service Provider, but only to the extent that the Optionee
        was eligible to exercise the Option at the date the Optionee ceased to
        be a Service Provider to the Company or any Affiliate of the Company;
        and 

	 
	 	 (e)      	 if an Optionee is dismissed from employment or service
        for cause, the Option and all rights that have accrued to the Optionee
        to the date of termination may be exercised for a period of 10 days following
        the date of termination, but only to the extent that the Optionee was
        eligible to exercise the Option at the date of termination; 

	 
	 	 PROVIDED that in no event shall any Option be exercisable beyond
      its term. 

Adjustment of the Number of Optioned Shares

	
3.9      		 The number of Optioned Shares subject to an Option
        that is outstanding will be subject to adjustment in the event and in
        the manner following: 

 9

	 	(a) 	 if the Common Shares as constituted on the date
        hereof are sub-divided into a greater number of Common Shares, the Company
        will thereafter deliver at the time of purchase of Optioned Shares hereunder
        in addition to the number of Optioned Shares to which the right to purchase
        is then being exercised, such additional number of Common Shares as result
        from the sub-division without the Optionee making any additional payment
        or giving any other consideration therefor; 

	 
	 	 (b)      	 if the Common Shares as constituted on the date
        hereof are consolidated into a lesser number of Common Shares, the Company
        will thereafter deliver and an Optionee will accept, at the time of purchase
        of Optioned Shares hereunder, in lieu of the number of Optioned Shares
        in respect of which the right to purchase is then being exercised, the
        lesser number of Common Shares as result from the consolidation; 

	 
	 	 (c)      	 if there is any change of the Common Shares as constituted
        on the date hereof the Company will hereafter deliver at the time of purchase
        of Optioned Shares hereunder the number of shares of the appropriate class
        resulting from the said change as an Optionee would have been entitled
        to receive in respect of the number of Common Shares so purchased had
        the right to purchase been exercised before such change; 

	 
	 	 (d)      	 if there occurs a capital reorganization, re-classification
        or change of outstanding equity shares of the Company, a consolidation,
        merger or amalgamation of the Company with or into any other Company or
        a sale of the property of the Company as or substantially as an entirety,
        an Optionee will thereafter have the right to purchase and receive, in
        lieu of the Optioned Shares immediately theretofore purchasable and receivable
        upon the exercise of the Option, the kind and amount of Shares and other
        securities and property receivable upon such capital reorganization, re-classification,
        change, consolidation, merger, amalgamation or sale which the holder of
        a number of Common Shares equal to the number of Optioned Shares immediately
        theretofore purchasable and receivable upon the exercise of the Option
        would have received as a result thereof. The sub-division or consolidation
        of Common Shares at any time outstanding (whether with or without par
        value) will not be deemed to be a capital reorganization or re-classification
        of the Capital of the Company for the purposes of this paragraph 3.9 (d);
      

	 
	 	 (e)      	 an adjustment will take effect at the time of the
        event giving rise to the adjustment, and the adjustments provided for
        in this section are cumulative; 

	 
	 	 (f)      	 the Company will not be required to issue fractional
        shares in satisfaction of its obligations hereunder. Any fractional interest
        in a Common Share that would, except for the provisions of this paragraph
        3.9(f), be deliverable upon the exercise of an Option will be cancelled
        and not be deliverable by the Company. 

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 ARTICLE 4 PROCEDURE 

Option Agreement 

	
4.1      		 Upon grant of an Option hereunder, the Secretary
        of the Company will deliver to the Service Provider an Option Agreement
        detailing the terms of his Option and upon the execution and delivery
        by the Company and the Service Provider the Service Provider will be an
        Optionee and have the right to purchase the Optioned Shares at the Subscription
        Price set out therein, subject to the approval of any stock exchange having
        jurisdiction. 

Manner of Exercise

	 4.2      	 An Optionee who wishes to exercise his
        Option may do so by delivering: 

	 
	 	 (1)      	 a written notice to the Company specifying the number
        of Optioned Shares in respect of which the Option is being exercised;
        and 

	 
	 	 (2)      	 payment in cash or by bank draft or certified cheque,
        made payable to the Company, for the aggregate Subscription Price for
        the Optioned Shares being acquired. 

Delivery of Share Certificate

	
4.3      		 A share certificate for Optioned Shares acquired
        by any Optionee pursuant to section 4.2 shall be delivered by the Company
        to such Optionee within a reasonable time following the receipt by the
        Company of such Optionee's notice of exercise and payment. 

Securities Laws

	 4.4      	 Notwithstanding any of the provisions
        contained in the Plan or in any Option Agreement, the Company's obligation
        to issue Common Shares to an Optionee pursuant to the exercise of an Option
        shall be subject to: 

	 
	 	(a)	 completion of such registration or other qualification
        of such Common Shares or obtaining approval of such governmental or other
        regulatory authority as the Company shall determine to be necessary or
        advisable in connection with the authorization, issuance or sale thereof;
      

	 
	 	 (b)      	 the admission of such Common Shares to listing on
        any stock exchange on which the Common Shares may then be listed; and
      

	 
	 	 (c)      	 the receipt from the Optionee of such representations,
        agreements and undertakings as to future dealings in such Common Shares
        as the Company determines to be necessary or advisable in order to safeguard
        against the violation of the securities laws of any jurisdiction. 

	 
	 	 In this connection, the Company shall,
        to the extent necessary, take all reasonable steps to obtain such approvals,
        registrations and qualifications as may be necessary for issuance of such
        Common Shares in compliance with applicable securities laws and for the
        listing of such Common Shares on any stock exchange on which the Common
        Shares are then listed. 

	 

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 ARTICLE 5

 GENERAL 

Covenants of the Company 

	 5.1      	 The Company represents and warrants in connection
        with Options granted to Employees, Consultants or Management Company Employees,
        that any such Employee, Consultant or Management Company Employee shall
        be a bona fide Employee, Consultant or Management Company Employee,
        as the case may be, of the Company or any Affiliate of the Company. 

	 
	 5.2      	 The Company shall cause to be Reserved for Issuance
        in its treasury a sufficient number of Common Shares to permit the allotment
        and issue of the Optioned Shares in the event the Optionees exercise all
        of the Options available hereunder. 

No Representation or Warranty as to Listing or Future Market Value of Common Shares

	
5.3      		 The Company makes no representation or warranty
        as to whether it will be successful in obtaining a listing on a stock
        exchange for its Common Shares or as to the future market value of the
        Common Shares issued in accordance with the provisions of the Plan. 

Interpretation

	 5.4      	 The Plan will be governed by and construed in accordance
        with the laws of the Province of British Columbia. 

	 
	 5.5      	 Wherever the plural or masculine is used throughout
        this Plan or any Option Agreement delivered by the Company pursuant to
        this Plan, the same shall be construed as meaning singular or feminine
        or neuter or the body politic or corporate where the context so requires.
      

Amendment of the Plan

	
5.6      		 The Board reserves the right, in its absolute discretion,
        at any time to amend, modify or terminate the Plan; provided however,
        that no such amendment or termination may alter or impair in any materially
        adverse fashion any then outstanding Option previously granted to an Optionee
        under the Plan without the consent of such Optionee. Any amendment to
        any provisions of the Plan will be subject to any necessary approvals
        by any stock exchange or regulatory body having jurisdiction over the
        Common Shares. 

 12

No Rights as Shareholder 

	
5.7      		 The holder of an Option shall not have any rights
        as a Shareholder of the Company with respect to any of the Optioned Shares
        covered by such Option until the issuance of the certificate or certificates
        for Common Shares upon the exercise of such Option, in whole or in part,
        and then only with respect to the Common Shares represented by such certificate
        or certificates. 

Continuing Employment

	
5.8      		 Nothing in this Plan or any Option shall confer
        upon any Employee any right to continue in the employ of the Company or
        any Affiliate of the Company or affect in any way the right of the Company
        or any Affiliate of the Company to terminate his employment at any time;
        nor shall anything in the Plan or any Option be deemed or construed to
        constitute an agreement, or an expression of intent, on the part of the
        Company or any such Affiliate of the Company to extend the employment
        of any Employee beyond the time which he would normally be retired pursuant
        to the provisions of any present or future retirement plan or policy of
        the Company or any Affiliate of the Company, or beyond the time at which
        the Employee would otherwise be retired pursuant to the provisions of
        any contract of employment with the Company or any such Affiliate of the
        Company. 

Ongoing Services

	
5.9      		 Nothing in the Plan or any Option shall confer on
        any Optionee who is not an Employee any right to continue providing ongoing
        services to the Company or any Affiliate of the Company or affect in any
        way the right of the Company or any Affiliate of the Company to terminate
        his contract at any time; nor shall anything in the Plan or any Option
        be deemed or construed as an agreement, or an expression of intent, on
        the part of the Company or any Affiliate of the Company to extend the
        time for the performance of the ongoing services beyond the time specified
        in the contract with the Company or any Affiliate of the Company. 

ARTICLE 6 

 SHAREHOLDERS' APPROVAL

	
6.1      		 The Plan shall be subject to any necessary
        approval of the shareholders of the Company and, to the extent necessary,
        the requisite acceptance by any stock exchange upon which the Common Shares
        may be listed. Except in the event of a Take Over Bid or a Change of Control,
        any Options granted after the date of approval of this Plan by the Board
        and before any necessary approval by the shareholders of the Company and
        any necessary acceptance by any stock exchange upon which the Common Shares
        may be listed, shall be conditional upon such approval and acceptance
        being given and no such Options may be exercised unless such approval
        and acceptance are given. 

	 
	
6.2      		 The Company shall obtain disinterested
        shareholder approval for: 

	 
	 	(a)	 any reduction in the Subscription Price payable
        by any Optionee pursuant to his Option if such Optionee is an Insider
        of the Company at the time of the proposed reduction; and 

	 

	 	(b) 	any other amendment of the terms of any Option granted under the Plan
      if the Optionee holding such Option is an Insider of the Company at the
      time of such amendment. 

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ARTICLE 7 

BOARD APPROVAL 

	
7.1      		
The Plan has been adopted by the Board effective the 15 th day of April, 2002, as evidenced by resolution of the Board consented to in writing.Filed by Automated Filing Services Inc. (604) 609-0244 - Kimber Resources Inc. - Exhibit 4.n

 20F ITEM 19 Exhibit 4.n

 STOCK OPTION AGREEMENT

THIS AGREEMENT dated as of the 12th day of July, 2002, 

BETWEEN: 

  
      KIMBER RESOURCES INC., a company duly incorporated under the laws
      of the Province of British Columbia, having its head office located at Suite
      400 - 789 West Pender Street, Vancouver, British Columbia, V6C 1H2 

     (the "Company") 

  

AND: 

  
     ALAN D. HITCHBORN, Executive, of 4729 Marineview Crescent, in the
      District of North Vancouver, British Columbia, V7R 3P4 

     (the "Optionee") 

  

WHEREAS: 

 A.      the Company has adopted the
  Kimber Resources Inc. 2002 Stock Option Plan (the "Plan"), a copy of which is
  attached as Schedule "A" to this Agreement; 

 B.      the Optionee has been hired
  as an Employee as defined in the Plan to provide his expertise and contributions
  to the Company or an Affiliate of the Company, as the case may be, as the Vice
  President, Development; 

 C.      the Company's common shares
  will be listed for trading on the TSX Venture Exchange ("TSX-V"), successor
  to the Canadian Venture Exchange, on July 16, 2002; and 

 D.      the Company wishes to grant
  to the Optionee an option to acquire common shares of the Company to provide
  an incentive and inducement for him to provide ongoing services to the Company
  and its affiliates to make a maximum contribution towards the success of the
  Company; 

 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
  of the premises and other good and valuable consideration (the receipt whereof
  is hereby acknowledged) the parties hereto agree as follows: 

 1.        DEFINITIONS 

 1.1       In this Agreement, the following terms
  shall have the following meanings: 

	 	 (a)      	 "Eligible Person" means any Director, Employee, Management Company
      Employee, Consultant or Officer; 
	 

 

	 	 (b)      	 " Expiry Date" means July 12, 2007; 

	 
	 	 (c)      	 "Notice of Exercise" means a notice in writing
        addressed to the Company at its address first recited, which notice shall
        specify therein the number of Optioned Shares in respect of which the
        Option is being exercised; 

	 
	 	 (d)      	 " Option" means the irrevocable right and
        option to purchase, from time to time, all or any part of the Optioned
        Shares granted to the Optionee by the Company pursuant to section 2.1
        hereof; 

	 
	 	 (e)      	 "Optioned Share" or "Optioned Shares"
        means the Shares subject to the Option; and 

	 
	 	 (f)      	 "Shares" means the common shares in the capital
        of the Company as constituted as of the date hereof. 

 1.2      Any capitalized term used
  in this Agreement which is not otherwise defined herein shall have the meaning
  ascribed thereto in the Plan, unless the context requires otherwise. 

 2.       GRANT OF OPTION
  AND TERMS OF THE OPTION 

 2.1      The Company hereby grants
  to the Optionee as an incentive and in consideration of his services and not
  in lieu of salary or any other compensation, the Option to purchase a total
  of 300,000 Optioned Shares at a price of $0.45 per Optioned Share, exercisable
  by the Optionee in whole or in part at any time before 4:30 p.m., Vancouver
  time, on the Expiry Date. ALL STOCK OPTIONS AND ANY OPTIONED SHARES ISSUED
  ON THE EXERCISE OF STOCK OPTIONS SHALL BE SUBJECT TO A FOUR (4) MONTH TSX-V
  HOLD PERIOD COMMENCING ON THE DATE HEREOF. 

 2.2      The Option is granted subject
  to the terms and provisions of the Plan, which is incorporated by reference
  into this Agreement and forms part hereof. 

 2.3      The Option shall, at 4:30
  p.m., Vancouver time, on the Expiry Date, forthwith expire and terminate and
  be of no further force or effect whatsoever. 

 2.4      In the event of the death
  of the Optionee on or prior to the Expiry Date, the Option, or such part thereof
  as remains unexercised, may be exercised by the personal representative of the
  Optionee at any time prior to the earlier of (a) 4:30 p.m., Vancouver time,
  on the first anniversary of the date of death of the Optionee; or (b) 4:30 p.m.,
  Vancouver time, on the Expiry Date. 

 2.5      This Option shall vest in
  stages upon the Company attaining the following milestones:

	 	(i) 	30% of the Option shall vest upon management of the
        Company establishing to the satisfaction of the Board of Directors that
        the Company has developed a "Measured and Indicated Resource", as those
        terms are defined by the Canadian Institute of Mining, Metallurgy and
        Petroleum, of not less than 1,000,000 ounces of gold and gold equivalent
        silver (calculated on the basis of 70 grams of silver = 1 gram of gold)
        at a grade of not less than 2.5 g/tonne; 

 

	 	 (ii)      	 a total of 65% of the Option shall vest upon management
        of the Company establishing to the satisfaction of the Board of Directors
        that the Company has developed a "Measured and Indicated Resource", as
        those terms are defined by the Canadian Institute of Mining, Metallurgy
        and Petroleum, of not less than 2,000,000 ounces of gold and gold equivalent
        silver (calculated on the basis of 70 grams of silver = 1 gram of gold)
        at a grade of not less than 2.5 g/tonne; 

	 
	 	 (iii)      	 a total of 100% of the Option shall vest upon management
        of the Company establishing to the satisfaction of the Board of Directors
        that the Company has developed a "Measured and Indicated Resource", as
        those terms are defined by the Canadian Institute of Mining, Metallurgy
        and Petroleum, of not less than 3,000,000 ounces of gold and gold equivalent
        silver (calculated on the basis of 70 grams of silver = 1 gram of gold)
        at a grade of not less than 2.5 g/tonne; 

	 
	 	 (iv)      	 a total of 50% of the Option shall vest upon management
        of the Company establishing to the satisfaction of the Board of Directors
        that the Company has developed a "Proven and Probable Reserve", as those
        terms are defined by the Canadian Institute of Mining, Metallurgy and
        Petroleum, of not less than 1,000,000 ounces of gold and gold equivalent
        silver (calculated on the basis of 70 grams of silver = 1 gram of gold)
        at a grade of not less than 2.5 g/tonne; 

	 
	 	 (v)      	 a total of 100% of the Option shall vest upon management
        of the Company establishing to the satisfaction of the Board of Directors
        that the Company has developed a "Proven and Probable Reserve", as those
        terms are defined by the Canadian Institute of Mining, Metallurgy and
        Petroleum, of not less than 2,000,000 ounces of gold and gold equivalent
        silver (calculated on the basis of 70 grams of silver = 1 gram of gold)
        at a grade of not less than 2.5 g/tonne; 

 Provide that, except in the event of a Change of Control or
  Take Over Bid, no Option shall vest earlier than the dates provide in Section
  3.5 (b) of the Plan. 

 2.6      If the Optionee receives
  this Option in his capacity as an Employee, Consultant or Management Company
  Employee, the Company hereby represents and warrants that the Optionee is a
  bona fide Employee, Consultant or Management Company Employee, as the
  case may be.

 2.7      Subject to the provisions
  hereof, the Option shall be exercisable in whole or in part (at any time and
  from time to time as aforesaid) by the Optionee or his personal representative
  giving a Notice of Exercise together with payment in full (in cash or by certified
  cheque, made payable to the Company) of the purchase price for the number of
  Optioned Shares specified in the Notice of Exercise. 

 2.8      Upon the exercise of all
  or any part of the Option, the Company shall forthwith deliver or, if applicable,
  cause the registrar and transfer agent for the Shares to deliver, to the Optionee
  or his personal representative within ten (10) days following receipt by the
  Company of the Notice of Exercise a share certificate(s) in the name of the
  Optionee or his personal representative representing, in aggregate, the number
  of Optioned Shares specified in the Notice of Exercise and in respect of which
  the Company has received payment. 

 2.9      Any share certificate issued
  by the Company pursuant to the exercise of an Option hereunder in whole or in
  part shall bear such restrictive legend, if any, as may, in the opinion of 

 the Company be required at that time under applicable securities
  laws and the policies and rules of the TSX-V. 

 2.10      If the Optionee is or becomes
  prior to the exercise of the Option in whole or in part a U.S. Person as hereinafter
  defined, the Optionee acknowledges to the Company that the grant of the Option
  and the Optioned Shares have not been registered under the United States Securities
  Act of 1933, as amended (the "1933 Act"), and may not be offered or sold
  or otherwise transferred unless (I) the Optioned Shares are registered under
  the 1933 Act and all applicable state securities laws; (ii) an exemption from
  registration is available; or (iii) the Optioned Shares are sold in compliance
  with Regulation S of the 1933 Act. The Optionee further acknowledges that the
  Company may require, as a condition to permitting a transfer by the Optionee,
  an opinion of counsel, concurred in by counsel to the Company, that the proposed
  transfer is made in compliance with the registration requirements of applicable
  securities laws. The Optionee agrees to comply with the restriction on resale
  and understands that the certificate representing the Optioned Shares will bear
  a legend restricting transfer in accordance therewith. For the purposes of the
  Agreement, "United States" means the United States of America (including the
  States, the District of Columbia and the Commonwealth of Puerto Rico), its territories,
  its possessions and other areas subject to its jurisdiction and "U.S. Person"
  means any individual who is a citizen or resident in the United States, any
  estate or trust income which is subject to United States federal income which
  is subject to United States federal income taxation without regard to the source
  thereof, or any corporation, partnership or other entity created or organized
  in or under the laws of the United States or any state. 

 2.11      Nothing herein contained
  shall obligate the Optionee to purchase any Optioned Shares except those Optioned
  Shares in respect of which the Optionee shall have exercised his Option in the
  manner hereinbefore provided. 

 2.12      The Optionee shall have
  no rights whatsoever as a shareholder in respect of any of the Optioned Shares
  (including any right to receive dividends or other distribution therefrom or
  thereon) except in respect of which the Option has been properly exercised in
  accordance with section 2.8 hereof. 

 2.13      Subject to section 2.4,
  this Agreement shall not be assignable or transferable by the Optionee or his
  personal representative and the Option may be exercised only by the Optionee
  or his personal representative. 

 2.14      If at any time during the
  continuance of this Agreement the parties hereto shall deem it necessary or
  expedient to make any alteration or addition to this Agreement they may do so
  by means of a written agreement between them which shall be supplemental hereto
  and form part hereof and which shall be subject to any required acceptance by
  the TSX-V and, if the Optionee is an insider of the Company, shall be further
  subject to any ratification and approval by the shareholders of the Company
  required by the TSX-V.

 2.15      The granting of the Option
  and the terms and conditions hereof shall be subject to the rules and policies
  of the TSX-V. 

 3.         GENERAL
  PROVISIONS 

 3.1        Time shall be
  of the essence of this Agreement. 

 3.2       This Agreement shall
  enure to the benefit of and be binding upon the Company, its successors and
  assigns, and the Optionee and his personal representative to the extent provided
  in section 2.4 hereof. 

 3.3       Wherever the plural
  or masculine are used throughout this Agreement, the same shall be construed
  as meaning singular or feminine or neuter or the body politic or corporate where
  the context of the parties thereto require. 

 3.4       This Agreement shall
  be construed in accordance with and be governed by the laws of the Province
  of British Columbia. 

 3.5       This Agreement may
  be executed in several parts in the same form (including counterparts transmitted
  by facsimile) and such parts as so executed shall together constitute one original
  agreement, and such parts, if more than one, shall be read together and construed
  as if all the signing parties hereto had executed one copy of this Agreement.

 IN WITNESS WHEREOF the Company and the Optionee have caused
  this Agreement to be executed and delivered as of the day and year first above
  written. 

KIMBER RESOURCES INC. 

 per:   "R. V. Longe" 

  Director 

SIGNED, SEALED AND DELIVERED by

 ALAN D. HITCHBORN

  in the presence of: 

 "Elisa Hoole" 

  Name 

4776 Meadfield Court 

 Address 

  West Vancouver, BC 

 Executive Assistant 

  Occupation

	 )  	  	 
	 )  	  	 
	 )  	  	 
	 )  	  	 
	 )  	  	 
	  	 "Alan D. Hitchborn"  	 
	  	 ALAN D. HITCHBORN  	 
	 )  	 	 

For stock option plan please see Item 19 Exhibit 4.m

STOCK OPTION AGREEMENT 

THIS AGREEMENT dated as of the 12th day of July, 2002, 

BETWEEN: 

  
    
        KIMBER RESOURCES INC., 

        a company duly incorporated under the laws of the Province of British
        Columbia, having its head office located at Suite 400 - 789 West Pender
        Street, Vancouver, British Columbia, V6C 1H2 

       (the "Company") 

    

  

AND: 

  
    
       R. V. LONGE, 

        Executive, of 4762 The Highway, in the Municipality of West Vancouver,
        British Columbia, V7W 1J5 

       (the "Optionee") 

    

  

WHEREAS: 

 A.        the Company has
  adopted the Kimber Resources Inc. 2002 Stock Option Plan (the "Plan"), a copy
  of which is attached as Schedule "A" to this Agreement; 

 B.        the Optionee
  has been hired as an Employee as defined in the Plan to provide his expertise
  and contributions to the Company or an Affiliate of the Company, as the case
  may be, as the President and Chief Executive Officer; 

 C.        the Company's
  common shares will be listed for trading on the TSX Venture Exchange ("TSX-V"),
  successor to the Canadian Venture Exchange, on July 16, 2002; and 

 D.        the Company wishes
  to grant to the Optionee an option to acquire common shares of the Company to
  provide an incentive and inducement for him to provide ongoing services to the
  Company and its affiliates to make a maximum contribution towards the success
  of the Company; 

 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
  of the premises and other good and valuable consideration (the receipt whereof
  is hereby acknowledged) the parties hereto agree as follows: 

 1.          DEFINITIONS

 1.1        In this Agreement,
  the following terms shall have the following meanings:

	 	(a) 	"Eligible Person" means any Director, Employee, Management Company
      Employee, Consultant or Officer; 
	 	 	 
	 	(b) 	 "Expiry Date" means July 12, 2007; 
	 	 	 

 

	 	 (c)      	 "Notice of Exercise" means a notice in writing
        addressed to the Company at its address first recited, which notice shall
        specify therein the number of Optioned Shares in respect of which the
        Option is being exercised; 

	 
	 	 (d)      	 " Option" means the irrevocable right and
        option to purchase, from time to time, all or any part of the Optioned
        Shares granted to the Optionee by the Company pursuant to section 2.1
        hereof; 

	 
	 	 (e)      	 "Optioned Share" or "Optioned Shares"
        means the Shares subject to the Option; and 

	 
	 	 (f)      	 "Shares" means the common shares in the capital
        of the Company as constituted as of the date hereof. 

 1.2        Any capitalized
  term used in this Agreement which is not otherwise defined herein shall have
  the meaning ascribed thereto in the Plan, unless the context requires otherwise.

 2.          GRANT
  OF OPTION AND TERMS OF THE OPTION 

 2.1        The Company
  hereby grants to the Optionee as an incentive and in consideration of his services
  and not in lieu of salary or any other compensation, the Option to purchase
  a total of 200,000 Optioned Shares at a price of $0.45 per Optioned Share, exercisable
  by the Optionee in whole or in part at any time before 4:30 p.m., Vancouver
  time, on the Expiry Date. ALL STOCK OPTIONS AND ANY OPTIONED SHARES ISSUED
  ON THE EXERCISE OF STOCK OPTIONS SHALL BE SUBJECT TO A FOUR (4) MONTH TSX-V
  HOLD PERIOD COMMENCING ON THE DATE HEREOF. 

 2.2        The Option is
  granted subject to the terms and provisions of the Plan, which is incorporated
  by reference into this Agreement and forms part hereof. 

 2.3        The Option shall,
  at 4:30 p.m., Vancouver time, on the Expiry Date, forthwith expire and terminate
  and be of no further force or effect whatsoever. 

 2.4        In the event
  of the death of the Optionee on or prior to the Expiry Date, the Option, or
  such part thereof as remains unexercised, may be exercised by the personal representative
  of the Optionee at any time prior to the earlier of (a) 4:30 p.m., Vancouver
  time, on the first anniversary of the date of death of the Optionee; or (b)
  4:30 p.m., Vancouver time, on the Expiry Date. 

 2.5        The Option shall
  vest in accordance with the terms of section 3.5(b) of the Plan over a period
  of 18 months, with one third of the Option vesting upon the date hereof, one
  third on the date which is nine months after the date hereof, and the remaining
  one third on the date which is 18 months after the date hereof, as follows:

	 	 Number of Optioned Shares  	 Date Vested  
	  
	 	 66,666  	 July 12, 2002  
	 	 66,667  	 April 12, 2003  
	 	 66,667  	 January 12, 2004  

 2.6        If the Optionee
  receives this Option in his capacity as an Employee, Consultant or Management
  Company Employee, the Company hereby represents and warrants that the Optionee
  is a bona fide Employee, Consultant or Management Company Employee, as
  the case may be.

 2.7        Subject to the
  provisions hereof, the Option shall be exercisable in whole or in part (at any
  time and from time to time as aforesaid) by the Optionee or his personal representative
  giving a Notice of Exercise together with payment in full (in cash or by certified
  cheque, made payable to the Company) of the purchase price for the number of
  Optioned Shares specified in the Notice of Exercise. 

 2.8        Upon the exercise
  of all or any part of the Option, the Company shall forthwith deliver or, if
  applicable, cause the registrar and transfer agent for the Shares to deliver,
  to the Optionee or his personal representative within ten (10) days following
  receipt by the Company of the Notice of Exercise a share certificate(s) in the
  name of the Optionee or his personal representative representing, in aggregate,
  the number of Optioned Shares specified in the Notice of Exercise and in respect
  of which the Company has received payment. 

 2.9        Any share certificate
  issued by the Company pursuant to the exercise of an Option hereunder in whole
  or in part shall bear such restrictive legend, if any, as may, in the opinion
  of the Company be required at that time under applicable securities laws and
  the policies and rules of the TSX-V. 

 2.10      If the Optionee is or becomes
  prior to the exercise of the Option in whole or in part a U.S. Person as hereinafter
  defined, the Optionee acknowledges to the Company that the grant of the Option
  and the Optioned Shares have not been registered under the United States Securities
  Act of 1933, as amended (the "1933 Act"), and may not be offered or sold
  or otherwise transferred unless (I) the Optioned Shares are registered under
  the 1933 Act and all applicable state securities laws; (ii) an exemption from
  registration is available; or (iii) the Optioned Shares are sold in compliance
  with Regulation S of the 1933 Act. The Optionee further acknowledges that the
  Company may require, as a condition to permitting a transfer by the Optionee,
  an opinion of counsel, concurred in by counsel to the Company, that the proposed
  transfer is made in compliance with the registration requirements of applicable
  securities laws. The Optionee agrees to comply with the restriction on resale
  and understands that the certificate representing the Optioned Shares will bear
  a legend restricting transfer in accordance therewith. For the purposes of the
  Agreement, "United States" means the United States of America (including the
  States, the District of Columbia and the Commonwealth of Puerto Rico), its territories,
  its possessions and other areas subject to its jurisdiction and "U.S. Person"
  means any individual who is a citizen or resident in the United States, any
  estate or trust income which is subject to United States federal income which
  is subject to United States federal income taxation without regard to the source
  thereof, or any corporation, partnership or other entity created or organized
  in or under the laws of the United States or any state. 

 2.11      Nothing herein contained
  shall obligate the Optionee to purchase any Optioned Shares except those Optioned
  Shares in respect of which the Optionee shall have exercised his Option in the
  manner hereinbefore provided. 

 2.12      The Optionee shall have
  no rights whatsoever as a shareholder in respect of any of the Optioned Shares
  (including any right to receive dividends or other distribution therefrom or
  thereon) except in respect of which the Option has been properly exercised in
  accordance with section 2.8 hereof. 

 2.13      Subject to section 2.4,
  this Agreement shall not be assignable or transferable by the Optionee or his
  personal representative and the Option may be exercised only by the Optionee
  or his personal representative. 

 2.14      If at any time during the
  continuance of this Agreement the parties hereto shall deem it necessary or
  expedient to make any alteration or addition to this Agreement they may do so
  by means of a written agreement between them which shall be supplemental hereto
  and form part hereof and which shall be subject to any required acceptance by
  the TSX-V and, if the Optionee is an insider of the Company, shall be further
  subject to any ratification and approval by the shareholders of the Company
  required by the TSX-V.

 2.15      The granting of the Option
  and the terms and conditions hereof shall be subject to the rules and policies
  of the TSX-V. 

 3.         GENERAL
  PROVISIONS 

 3.1        Time shall be of
  the essence of this Agreement. 

 3.2        This Agreement
  shall enure to the benefit of and be binding upon the Company, its successors
  and assigns, and the Optionee and his personal representative to the extent
  provided in section 2.4 hereof. 

 3.3        Wherever the
  plural or masculine are used throughout this Agreement, the same shall be construed
  as meaning singular or feminine or neuter or the body politic or corporate where
  the context of the parties thereto require. 

 3.4        This Agreement
  shall be construed in accordance with and be governed by the laws of the Province
  of British Columbia. 

 3.5         This Agreement
  may be executed in several parts in the same form (including counterparts transmitted
  by facsimile) and such parts as so executed shall together constitute one original
  agreement, and such parts, if more than one, shall be read together and construed
  as if all the signing parties hereto had executed one copy of this Agreement.

 IN WITNESS WHEREOF the Company and the Optionee have caused
  this Agreement to be executed and delivered as of the day and year first above
  written. 

KIMBER RESOURCES INC. 

 per: "R. V. Longe"

   Director 

	 SIGNED, SEALED AND DELIVERED by  	 )  	 
	 ROBERT V. LONGE  	 )  	 
	 in the presence of:  	 )  	 
	  	 )  	 
	  	 )  	 

 

	 Name  	 )  	  
	  	 )  	  
	  	 )  	  "R. V. Longe"  
	 Address  	 )  	  ROBERT V. LONGE  
	  	 )  	  
	  	 )  	  
	  	 )  	  
	  	 )  	  
	  	 )  	  
	 Occupation  	  	  

 STOCK OPTION AGREEMENT

THIS AGREEMENT dated as of the 13th day of August, 2003, 

BETWEEN: 

  
      KIMBER RESOURCES INC., a company duly incorporated under the laws
      of the Province of British Columbia, having its head office located at Suite
      215 - 800 West Pender Street, Vancouver, British Columbia, V6C 2V6 

     (the "Company") 

  

AND: 

  
     ALAN D. HITCHBORN, Executive, of 4729 Marineview Crescent, in the
      District of North Vancouver, British Columbia, V7R 3P4 

     (the "Optionee") 

  

WHEREAS: 

 A.        the Company has adopted the Kimber
  Resources Inc. 2002 Stock Option Plan (the "Plan"), a copy of which is attached
  as Schedule "A" to this Agreement; 

 B.        the Optionee has been hired as
  an Employee, as defined in the Plan, to provide his expertise and contributions
  to the Company or an Affiliate of the Company, as the case may be, as the Vice
  President, Development; 

 C.        the Company's common shares were
  listed for trading on the TSX Venture Exchange ("TSX-V"), successor to the Canadian
  Venture Exchange, on July 16, 2002; and 

 D.        the Company wishes to grant to
  the Optionee an option to acquire common shares of the Company to provide an
  incentive and inducement for him to provide ongoing services to the Company
  and its affiliates to make a maximum contribution towards the success of the
  Company; 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and other good and valuable consideration (the receipt whereof is hereby acknowledged) the parties hereto agree as follows: 

 1.          DEFINITIONS

 1.1        In this Agreement, the following
  terms shall have the following meanings:

	 	(a) 	"Eligible Person" means any Director, Employee, Management Company
      Employee, Consultant or Officer; 
	 	 	 
	 	(b) 	 "Expiry Date" means August 13, 2008; 
	 	 	 

 

	 	 (c)      	 "Notice of Exercise" means a notice in writing
        addressed to the Company at its address first recited, which notice shall
        specify therein the number of Optioned Shares in respect of which the
        Option is being exercised; 

	 
	 	 (d)      	 "Option" means the irrevocable right and
        option to purchase, from time to time, all or any part of the Optioned
        Shares granted to the Optionee by the Company pursuant to section 2.1
        hereof; 

	 
	 	 (e)      	 "Optioned Share" or "Optioned Shares"
        means the Shares subject to the Option; and 

	 
	 	 (f)      	 "Shares" means the common shares in the capital
        of the Company as constituted as of the date hereof. 

 1.2        Any capitalized
  term used in this Agreement which is not otherwise defined herein shall have
  the meaning ascribed thereto in the Plan, unless the context requires otherwise.

 2.         GRANT
  OF OPTION AND TERMS OF THE OPTION 

 2.1         The
  Company hereby grants to the Optionee as an incentive and in consideration of
  his services and not in lieu of salary or any other compensation, the Option
  to purchase a total of 75,000 Optioned Shares at a price of $0.73 per
  Optioned Share, exercisable by the Optionee in whole or in part at any time
  before 4:30 p.m., Vancouver time, on the Expiry Date. ALL STOCK OPTIONS AND
  ANY OPTIONED SHARES ISSUED ON THE EXERCISE OF STOCK OPTIONS SHALL BE SUBJECT
  TO A FOUR (4) MONTH TSX-V HOLD PERIOD COMMENCING ON THE DATE HEREOF. 

 2.2         The
  Option is granted subject to the terms and provisions of the Plan, which is
  incorporated by reference into this Agreement and forms part hereof. 

 2.3         The Option
  shall, at 4:30 p.m., Vancouver time, on the Expiry Date, forthwith expire and
  terminate and be of no further force or effect whatsoever. 

 2.4         In the
  event of the death of the Optionee on or prior to the Expiry Date, the Option,
  or such part thereof as remains unexercised, may be exercised by the personal
  representative of the Optionee at any time prior to the earlier of (a) 4:30
  p.m., Vancouver time, on the first anniversary of the date of death of the Optionee;
  or (b) 4:30 p.m., Vancouver time, on the Expiry Date. 

 2.5         This
  Option shall vest in accordance with the terms of section 3.5(b) of the Plan
  over a period of 18 months, with one third of the Option vesting upon the date
  hereof, one third on the date which is nine months after the date hereof, and
  the remaining one third on the date which is 18 months after the date hereof,
  as follows: 

	 	 Number of Optioned Shares  	 Date Vested  
	 	 25,000  	 August 13, 2003  
	 	 25,000  	 May 13, 2004  
	 	 25,000  	 February 13, 2005  

 2.6          If
  the Optionee receives this Option in his capacity as an Employee, Consultant
  or Management Company Employee, the Company hereby represents and warrants that
  the Optionee is a bona fide Employee, Consultant or Management Company
  Employee, as the case may be.

 2.7         Subject
  to the provisions hereof, the Option shall be exercisable in whole or in part
  (at any time and from time to time as aforesaid) by the Optionee or his personal
  representative giving a Notice of Exercise together with payment in full (in
  cash or by certified cheque, made payable to the Company) of the purchase price
  for the number of Optioned Shares specified in the Notice of Exercise. 

 2.8          Upon
  the exercise of all or any part of the Option, the Company shall forthwith deliver
  or, if applicable, cause the registrar and transfer agent for the Shares to
  deliver, to the Optionee or his personal representative within ten (10) days
  following receipt by the Company of the Notice of Exercise a share certificate(s)
  in the name of the Optionee or his personal representative representing, in
  aggregate, the number of Optioned Shares specified in the Notice of Exercise
  and in respect of which the Company has received payment. 

 2.9          Any
  share certificate issued by the Company pursuant to the exercise of an Option
  hereunder in whole or in part shall bear such restrictive legend, if any, as
  may, in the opinion of the Company be required at that time under applicable
  securities laws and the policies and rules of the TSX-V. 

 2.10         If the Optionee
  is or becomes prior to the exercise of the Option in whole or in part a U.S.
  Person as hereinafter defined, the Optionee acknowledges to the Company that
  the grant of the Option and the Optioned Shares have not been registered under
  the United States Securities Act of 1933, as amended (the "1933 Act"),
  and may not be offered or sold or otherwise transferred unless (I) the Optioned
  Shares are registered under the 1933 Act and all applicable state securities
  laws; (ii) an exemption from registration is available; or (iii) the Optioned
  Shares are sold in compliance with Regulation S of the 1933 Act. The Optionee
  further acknowledges that the Company may require, as a condition to permitting
  a transfer by the Optionee, an opinion of counsel, concurred in by counsel to
  the Company, that the proposed transfer is made in compliance with the registration
  requirements of applicable securities laws. The Optionee agrees to comply with
  the restriction on resale and understands that the certificate representing
  the Optioned Shares will bear a legend restricting transfer in accordance therewith.
  For the purposes of the Agreement, "United States" means the United States of
  America (including the States, the District of Columbia and the Commonwealth
  of Puerto Rico), its territories, its possessions and other areas subject to
  its jurisdiction and "U.S. Person" means any individual who is a citizen or
  resident in the United States, any estate or trust income which is subject to
  United States federal income which is subject to United States federal income
  taxation without regard to the source thereof, or any corporation, partnership
  or other entity created or organized in or under the laws of the United States
  or any state. 

 2.11         Nothing
  herein contained shall obligate the Optionee to purchase any Optioned Shares
  except those Optioned Shares in respect of which the Optionee shall have exercised
  his Option in the manner hereinbefore provided. 

 2.12         The Optionee
  shall have no rights whatsoever as a shareholder in respect of any of the Optioned
  Shares (including any right to receive dividends or other distribution therefrom
  or thereon) except in respect of which the Option has been properly exercised
  in accordance with section 2.8 hereof. 

 2.13         Subject
  to section 2.4, this Agreement shall not be assignable or transferable by the
  Optionee or his personal representative and the Option may be exercised only
  by the Optionee or his personal representative. 

 2.14         If
  at any time during the continuance of this Agreement the parties hereto shall
  deem it necessary or expedient to make any alteration or addition to this Agreement
  they may do so by means of a written agreement between them which shall be supplemental
  hereto and form part hereof and which shall be subject to any required acceptance
  by the TSX-V and, if the Optionee is an insider of the Company, shall be further
  subject to any ratification and approval by the shareholders of the Company
  required by the TSX-V.

 2.15         The
  granting of the Option and the terms and conditions hereof shall be subject
  to the rules and policies of the TSX-V. 

 3.             GENERAL
  PROVISIONS 

 3.1          
  Time shall be of the essence of this Agreement. 

 3.2          
  This Agreement shall enure to the benefit of and be binding upon the Company,
  its successors and assigns, and the Optionee and his personal representative
  to the extent provided in section 2.4 hereof. 

 3.3          Wherever
  the plural or masculine are used throughout this Agreement, the same shall be
  construed as meaning singular or feminine or neuter or the body politic or corporate
  where the context of the parties thereto require. 

 3.4          
  This Agreement shall be construed in accordance with and be governed by the
  laws of the Province of British Columbia. 

 3.5          
  This Agreement may be executed in several parts in the same form (including
  counterparts transmitted by facsimile) and such parts as so executed shall together
  constitute one original agreement, and such parts, if more than one, shall be
  read together and construed as if all the signing parties hereto had executed
  one copy of this Agreement. 

 IN WITNESS WHEREOF the Company and the Optionee have caused
  this Agreement to be executed and delivered as of the day and year first above
  written. 

KIMBER RESOURCES INC. 

 per: "Robert V. Longe"

   Director 

	 SIGNED, SEALED AND DELIVERED by  	 )  	 
	 ALAN D. HITCHBORN  	 )  	 
	 in the presence of:  	 )  	 
	  	 )  	 
	 Denise Hitchborn  	 )  	 

 

	 Name  	) 	  
	  	) 	  
	  4729 Marineview Cres.  	) 	"Alan D. Hitchborn"  
	 North Vancouver, B.C.  	) 	 ALAN D. HITCHBORN  
	 Address  	) 	  
	  	) 	  
	  	) 	  
	 Bookkeeper  	)	  
	 Occupation  	) 	  

STOCK OPTION AGREEMENT 

THIS AGREEMENT dated as of the 13th day of August, 2003, 

BETWEEN: 

  
    
        KIMBER RESOURCES INC., a company duly incorporated under the
        laws of the Province of British Columbia, having its head office located
        at Suite 215 - 800 West Pender Street, Vancouver, British Columbia, V6C
        2V6 

       (the "Company") 

    

  

AND: 

  
    
       ALAN D. HITCHBORN, Executive, of 4729 Marineview Crescent, in
        the District of North Vancouver, British Columbia, V7R 3P4 

       (the "Optionee") 

    

  

WHEREAS: 

 A.         the Company
  has adopted the Kimber Resources Inc. 2002 Stock Option Plan (the "Plan"), a
  copy of which is attached as Schedule "A" to this Agreement; 

 B.         the Optionee
  has been hired as an Employee, as defined in the Plan, to provide his expertise
  and contributions to the Company or an Affiliate of the Company, as the case
  may be, as the Vice President, Development; 

 C.         the Company's
  common shares were listed for trading on the TSX Venture Exchange ("TSX-V"),
  successor to the Canadian Venture Exchange, on July 16, 2002; and 

 D.         the Company
  wishes to grant to the Optionee an option to acquire common shares of the Company
  to provide an incentive and inducement for him to provide ongoing services to
  the Company and its affiliates to make a maximum contribution towards the success
  of the Company; 

 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
  of the premises and other good and valuable consideration (the receipt whereof
  is hereby acknowledged) the parties hereto agree as follows: 

 1.          DEFINITIONS

 1.1         In this Agreement, the
  following terms shall have the following meanings:

	 	(a) 	"Eligible Person" means any Director, Employee, Management Company
      Employee, Consultant or Officer; 
	 	 	 
	 	(b) 	"Expiry Date" means August 13, 2008; 
	 	 	 

 

	 	 (c)      	 "Notice of Exercise" means a notice in writing addressed to the
      Company at its address first recited, which notice shall specify therein
      the number of Optioned Shares in respect of which the Option is being exercised;
    
	 
	 	 (d)      	 " Option" means the irrevocable right and option to purchase,
      from time to time, all or any part of the Optioned Shares granted to the
      Optionee by the Company pursuant to section 2.1 hereof; 
	 
	 	 (e)      	 "Optioned Share" or "Optioned Shares" means the Shares
      subject to the Option; and 
	 
	 	 (f)      	 "Shares" means the common shares in the capital of the Company
      as constituted as of the date hereof. 

1.2        Any capitalized
  term used in this Agreement which is not otherwise defined herein shall have
  the meaning ascribed thereto in the Plan, unless the context requires otherwise.

 2.         GRANT
  OF OPTION AND TERMS OF THE OPTION 

 2.1        The Company
  hereby grants to the Optionee as an incentive and in consideration of his services
  and not in lieu of salary or any other compensation, the Option to purchase
  a total of 250,000 Optioned Shares at a price of $0.73 per Optioned Share,
  exercisable by the Optionee in whole or in part at any time before 4:30 p.m.,
  Vancouver time, on the Expiry Date. ALL STOCK OPTIONS AND ANY OPTIONED SHARES
  ISSUED ON THE EXERCISE OF STOCK OPTIONS SHALL BE SUBJECT TO A FOUR (4) MONTH
  TSX-V HOLD PERIOD COMMENCING ON THE DATE HEREOF. 

 2.2        The Option is granted
  subject to the terms and provisions of the Plan, which is incorporated by reference
  into this Agreement and forms part hereof. 

 2.3        The Option shall,
  at 4:30 p.m., Vancouver time, on the Expiry Date, forthwith expire and terminate
  and be of no further force or effect whatsoever. 

 2.4         In the event
  of the death of the Optionee on or prior to the Expiry Date, the Option, or
  such part thereof as remains unexercised, may be exercised by the personal representative
  of the Optionee at any time prior to the earlier of (a) 4:30 p.m., Vancouver
  time, on the first anniversary of the date of death of the Optionee; or (b)
  4:30 p.m., Vancouver time, on the Expiry Date. 

 2.5         This Option
  shall vest in stages upon the Company attaining the following milestones:

	 	(a) 	 30% of the Option shall vest upon the Net Present
        Value of the Company's interest in "Measured and Indicated Resources"(as
        those terms are defined by the Canadian Institute of Mining, Metallurgy
        and Petroleum) contained in all mineral properties identified as prospective
        sites for gold/silver deposits by the Optionee prior to becoming an employee
        of the Company and acquired by the Company, other than the Monterde and
        El Coronel properties, being not less than US$30,000,000; 

	 	 	 
	 	(b) 	 a total of 65% of the Option shall vest upon the
        Net Present Value of the Company's interest in "Measured and Indicated
        Resources" (as those terms are 

	 	 	 

 

	 	 	 defined by the Canadian Institute of Mining, Metallurgy
        and Petroleum) contained in all mineral properties identified as prospective
        sites for gold/silver deposits by the Optionee prior to becoming an employee
        of the Company and acquired by the Company, other than the Monterde and
        El Coronel properties, being not less than US$60,000,000; 

	 
	 	 (c)      	 a total of 100% of the Option shall vest upon the
        Net Present Value of the Company's interest in "Measured and Indicated
        Resources" (as those terms are defined by the Canadian Institute of Mining,
        Metallurgy and Petroleum) contained in all mineral properties identified
        as prospective sites for gold/silver deposits by the Optionee prior to
        becoming an employee of the Company and acquired by the Company, other
        than the Monterde and El Coronel properties, being not less than US$90,000,000;
        and 

	 
	 	 (d)      	 a total of 100% of the Option shall vest upon the
        Company receiving a net amount of $5,000,000 (the "Proceeds") after deduction
        of all expenses incurred by the Company on or on account of the property
        or properties identified as prospective sites for gold/silver deposits
        by the Optionee prior to becoming an employee of the Company and acquired
        by the Company, other than the Monterde and El Coronel properties, in
        respect of which the Proceeds were received. 

	 	Provided that, except in the event of a Change of Control
        or Take Over Bid, no Option shall vest earlier than the dates provided
        in Section 3.5 (b) of the Plan. 

       For the purposes of the milestones: 

	 	 	 (i)      	 the "Net Present Value" of Measured and Indicated
        Resources shall be the value determined by an independent Qualified Person
        (as defined in NI 43-101) acceptable to the Board of Directors of the
        Company based on the average closing price for gold and silver on the
        New York spot market for the last 60 trading days prior to the date of
        the determination using a discount rate of 10%; and 

	 
	 	 	 (ii)      	 "properties identified as prospective sites for
        gold/silver deposits by the Optionee prior to becoming an employee of
        the Company and acquired by the Company" shall only be those properties
        which the Optionee has identified in writing to the President of the Company
        prior to the Company becoming involved with the site or property, have
        been accepted by him, and which the Company has subsequently acquired
        during the term of this Agreement. 

 2.6        If the Optionee
  receives this Option in his capacity as an Employee, Consultant or Management
  Company Employee, the Company hereby represents and warrants that the Optionee
  is a bona fide Employee, Consultant or Management Company Employee, as
  the case may be.

 2.7        Subject to the
  provisions hereof, the Option shall be exercisable in whole or in part (at any
  time and from time to time as aforesaid) by the Optionee or his personal representative
  giving a Notice of Exercise together with payment in full (in cash or by certified
  cheque, made payable to the Company) of the purchase price for the number of
  Optioned Shares specified in the Notice of Exercise. 

 2.8        Upon the exercise
  of all or any part of the Option, the Company shall forthwith deliver or, if
  applicable, cause the registrar and transfer agent for the Shares to deliver,
  to the Optionee or his personal representative within ten (10) days following
  receipt by the Company of the Notice of Exercise a share certificate(s) in the
  name of the Optionee or his personal representative representing, in aggregate,
  the number of Optioned Shares specified in the Notice of Exercise and in respect
  of which the Company has received payment. 

 2.9        Any share certificate
  issued by the Company pursuant to the exercise of an Option hereunder in whole
  or in part shall bear such restrictive legend, if any, as may, in the opinion
  of the Company be required at that time under applicable securities laws and
  the policies and rules of the TSX-V. 

 2.10      If the Optionee is or becomes
  prior to the exercise of the Option in whole or in part a U.S. Person as hereinafter
  defined, the Optionee acknowledges to the Company that the grant of the Option
  and the Optioned Shares have not been registered under the United States Securities
  Act of 1933, as amended (the "1933 Act"), and may not be offered or sold
  or otherwise transferred unless (I) the Optioned Shares are registered under
  the 1933 Act and all applicable state securities laws; (ii) an exemption from
  registration is available; or (iii) the Optioned Shares are sold in compliance
  with Regulation S of the 1933 Act. The Optionee further acknowledges that the
  Company may require, as a condition to permitting a transfer by the Optionee,
  an opinion of counsel, concurred in by counsel to the Company, that the proposed
  transfer is made in compliance with the registration requirements of applicable
  securities laws. The Optionee agrees to comply with the restriction on resale
  and understands that the certificate representing the Optioned Shares will bear
  a legend restricting transfer in accordance therewith. For the purposes of the
  Agreement, "United States" means the United States of America (including the
  States, the District of Columbia and the Commonwealth of Puerto Rico), its territories,
  its possessions and other areas subject to its jurisdiction and "U.S. Person"
  means any individual who is a citizen or resident in the United States, any
  estate or trust income which is subject to United States federal income which
  is subject to United States federal income taxation without regard to the source
  thereof, or any corporation, partnership or other entity created or organized
  in or under the laws of the United States or any state. 

 2.11       Nothing herein contained
  shall obligate the Optionee to purchase any Optioned Shares except those Optioned
  Shares in respect of which the Optionee shall have exercised his Option in the
  manner hereinbefore provided. 

 2.12       The Optionee shall
  have no rights whatsoever as a shareholder in respect of any of the Optioned
  Shares (including any right to receive dividends or other distribution therefrom
  or thereon) except in respect of which the Option has been properly exercised
  in accordance with section 2.8 hereof. 

 2.13       Subject to section
  2.4, this Agreement shall not be assignable or transferable by the Optionee
  or his personal representative and the Option may be exercised only by the Optionee
  or his personal representative. 

 2.14       If at any time during
  the continuance of this Agreement the parties hereto shall deem it necessary
  or expedient to make any alteration or addition to this Agreement they may do
  so by means of a written agreement between them which shall be supplemental
  hereto and form part hereof and which shall be subject to any required acceptance
  by the TSX-V and, if the Optionee is an insider of the Company, shall be further
  subject to any ratification and approval by the shareholders of the Company
  required by the TSX-V.

 2.15       The granting of the
  Option and the terms and conditions hereof shall be subject to the rules and
  policies of the TSX-V. 

 3.          GENERAL
  PROVISIONS 

 3.1         Time shall
  be of the essence of this Agreement. 

 3.2         This Agreement
  shall enure to the benefit of and be binding upon the Company, its successors
  and assigns, and the Optionee and his personal representative to the extent
  provided in section 2.4 hereof. 

 3.3          Wherever
  the plural or masculine are used throughout this Agreement, the same shall be
  construed as meaning singular or feminine or neuter or the body politic or corporate
  where the context of the parties thereto require. 

 3.4          This
  Agreement shall be construed in accordance with and be governed by the laws
  of the Province of British Columbia. 

 3.5          This
  Agreement may be executed in several parts in the same form (including counterparts
  transmitted by facsimile) and such parts as so executed shall together constitute
  one original agreement, and such parts, if more than one, shall be read together
  and construed as if all the signing parties hereto had executed one copy of
  this Agreement. 

 IN WITNESS WHEREOF the Company and the Optionee have caused
  this Agreement to be executed and delivered as of the day and year first above
  written. 

KIMBER RESOURCES INC. 

 per: "Robert V. Longe" 

  Director 

	 SIGNED, SEALED AND DELIVERED by  	) 	 
    
	 ALAN D. HITCHBORN  	) 	 
    
	 in the presence of:  	) 	 
    
	  	)	 
    
	 Denise Hitchborn  	) 	 
    
	 Name  	) 	 
    
	  	) 	 
    
	 4729 Manneview Cres.  	) 	 "Alan Hitchborn"  
	 Address  	) 	
      ALAN D. HITCHBORN  
	 North Vancouver, BC  	) 	 
    
	  	) 	 
    
	  	) 	 
    
	 Bookkeeper  	) 	 
    
	 Occupation  	)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]