Alhambra Resources Ltd.

Developing a potential
world-class mineral project

Updated October 6^th, 2008

Alhambra Resources Ltd. ("Alhambra" or the "Corporation") is a Canadian based exploration and gold production corporation. Operating through its wholly owned subsidiary, Saga Creek Gold Corp LLP ("Saga Creek") Alhambra is in its sixth year of operations in the Republic of Kazakhstan. Saga Creek holds the rights to two Licenses that have an initial term of 25 years granted by the Republic of Kazakhstan in 1997. These Licenses are the subject of an exploration and exploitation Contract between Saga Creek and the Republic of Kazakhstan. The initial term of these Licenses expires in the year 2022. Pursuant to the Subsoil Use laws of the Republic of Kazakhstan, the terms of these Licenses can be extended for up to an additional 20 years.

The main asset of the Corporation is its 100% working interest in the 2.7 million acre Uzboy Project (the "Project") located in a prolific gold belt located in north central Kazakhstan which hosts numerous world-class gold deposits. The Corporation commenced commercial operations at its 100% owned of Uzboy heap leach mine effective May 1, 2006.

Current mining operations are being conducted on the oxide portions of the East zone of the Uzboy gold deposit that extends to a depth of approximately 50 metres below surface. The oxide layer is underlain by sulphide gold mineralization.

Since 2005, Alhambra has been systematically exploring the 125 exploration targets located within the Project that have been identified to date.

Safe Harbor Statement

This website contains certain "forward-looking statements within the meaning of section 21E of the United State Securities Exchange Act of 1934, as amended. Forward looking statements include without limitation, statements about expected or anticipated results that are forward looking in nature and as a result, are subject to certain risks and uncertainties, such as technical issues, new legislation, competitive and general economic factors and condition, uncertainties resulting from potential delays, changes in plans, the occurrences of unexpected events and the Corporation's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, Alhambra claims the safe harbor for the future looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.