Alhambra Resources Ltd.

TSX VENTURE SYMBOL: ALH



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CALGARY, Alberta - Alhambra Resources Ltd. (TSX-V: ALH) ("Alhambra" or the "Corporation") is pleased to announce that the results of a 2008 bedrock geochemical sampling exploration program completed at Alhambra's 100% owned Shirotnaia zone have resulted in the discovery of a significant extension to the known gold anomalies.

In 2007, Alhambra announced a gold discovery at the Shirotnaia zone due to a successful diamond drilling program whereby 17 of 18 holes drilled intersected significant intervals of gold mineralization (see news releases dated March 21 and April 26, 2007). The Shirotnaia zone is one of Alhambra's advanced drilling targets within the Corporation's 100% owned, 2.7 million acre, Uzboy Project located in north central Kazakhstan. The Shirotnaia gold discovery is located approximately 3 kilometres ("kms") northeast of the KazakhGold Group Limited ("Kazakhgold") mining allotment which hosts the Aksu and Quartzite Hills gold deposits.

The 2008 bedrock geochemical sampling program resulted in the discovery of three new gold anomalies located approximately 6 kms east (see Figure 1, Area #3) of the Shirotnaia gold discovery announced by Alhambra in 2007 and northeast of the Aksu gold deposit. This bedrock sampling program also had the objective of further defining the two gold anomalies (see Figure 1, Area #1) that were interpreted to be the extension of the Quartzite Hills gold deposit (see news release dated February 7, 2008). The bedrock geochemical sampling program was completed using a Reverse Air Blast ("RAB") drilling rig during the first and second quarters of 2008.

John J. Komarnicki, Alhambra's Chairman and CEO stated, "the results of the exploration program at Shirotnaia are significantly better than we expected. These anomalies cover a significant portion of a major fault system immediately northeast of the Aksu gold deposit. These new exploration results support our interpretation that Shirotnaia has the potential to become a very significant gold bearing area."

The geochemical anomalies referred to in this news release were outlined using a 0.05 g/t cutoff and are summarized below:

Area #3 (see Figure 1)

This new discovery consists of three gold anomalies that are located approximately 6 kms east of the Shirotnaia diamond drilling discovery announced in 2007. These anomalies are interpreted to be located on and cover approximately 6 kms of the northwest trending Atansorsky Fault zone. The maximum width of the main anomaly is approximately 1.5 kms. Several shorter and narrower parallel gold anomalies occur to the north and south of the main anomaly. Gold values within these anomalies range from 0.05 grams per tonne ("g/t") to a maximum of 1.65 g/t.

Area #1 (see Figure 1)

The bedrock sampling program has further defined the surface dimensions of two anomalies (see news release dated February 7, 2008) located northwest of the Quartzite Hills (Anomalies #1 and #2 - Figure 1) gold deposit that is currently held by KazakhGold. Gold values within these two anomalies range from 0.05 to 1.45 g/t. The locations of these anomalies show good correlation with two northwest trending faults previously identified during the Soviet era that host the Quartzite Hills gold deposit. Anomaly #1 consists of two areas of anomalous gold values that has a strike length of is approximately 2 kms long and has a maximum width of 0.5 kms. Anomaly #2 is estimated to be 2 kms long and also has a maximum width of 0.5 kms.

Area # 2 (see Figure 1)

The analytical results for the bedrock geochemical sampling program for the northern portion of this area have been received. These analytical results showed no anomalous concentrations of gold.

Future Exploration Program

The next phase of exploration planned for the Shirotnaia zone consists of electromagnetic and total field magnetometer surveys. The electromagnetic survey is expected to locate areas of pyrite alteration that is associated with the gold mineralization in the Shirotnaia zone and the total field magnetometer survey is expected to detect lithologic contacts and map bedrock structures such as faults and shear zones.

RAB Drilling and Sampling Procedures

An RAB drill was utilized to complete the bedrock geochemical sampling program.

The bedrock sampling program in the vicinity of Area #3 was completed on profiles spaced 500 metres ("m") apart and used a 50 m sample spacing on the profiles. In Area #1, the bedrock sampling was completed on profiles that were spaced 250 m apart and utilized a 25 m and 50 m spacing on each profile.

The bedrock geochemical sampling program was completed using vertical RAB holes that were drilled to a depth of 4 m. The interval from 2 to 4 m in each hole was collected for sampling and analysis.

The RAB holes have a 7.6 centimeter diameter. The cuttings from the interval sampled in each hole were mechanically split into four samples. The samples selected for analysis are placed in a cloth bag and weighed at the drill site. The weight of the samples ranged between 5 and 7 kilograms. Based on sample weight, the recovery from the holes is estimated to be almost 100%.

Sample preparation was completed by Chemical and Analytical Laboratory Quartz LLP located in Stepnogorsk using the following procedure: samples were pulverized in a jaw crusher to minus 1 mm, mixed and split into two 0.75 kilogram sub-samples. One sub-sample is ground to - 200 mesh and the other sub-sample is retained for reference purposes. A 10 gram sample of the -200 mesh material is used for atomic absorption analysis and the balance is retained for fire assaying and reference purposes. Chemical and Analytical Laboratory Quartz LLP is independent of Alhambra, is certified in the Republic of Kazakhstan and does not have an International Standard Organization ("ISO") rating.

QUALITY CONTROL

Alhambra follows a rigorous Quality Assurance/Quality Control program consisting of inserting standards, blanks and duplicates into the sample stream submitted to the laboratory for analysis.

Elmer B. Stewart, MSc. P. Geol., a Director of Alhambra, is the Corporation's nominated Qualified Person has reviewed and verified the technical information contained in this news release.

ABOUT ALHAMBRA

Alhambra is a Canadian based gold exploration and production corporation engaged in the exploration of and production from its 100% owned Uzboy Project. Alhambra is currently in its seventh year of operations in the Republic of Kazakhstan.

Alhambra common shares trade on The TSX Venture Exchange under the symbol ALH and in Germany on the Frankfurt Open Market under the symbol A4Y. The Corporation's website can be accessed at www.alhambraresources.com.

Figure 1 - Shirotnaia Area: Bedrock Geochemical Results

Figure 1 - Shirotnaia Area: Bedrock Geochemical Results





For further information please contact:
Ihor P. Wasylkiw
Chief Information Officer
+1 (403) 508-4953
Donald D. McKechnie
Vice President Finance and CFO
+1 (403) 228-2855 (Toll Free)

Alhambra Resources Ltd.
Head Office 330, 700 - 6th Avenue S.W. Calgary, Alberta, Canada T2P 0T8
Phone: (403) 228-2855 Fax: (403) 228-2865 E-mail: info@alhambraresources.com
1-888-522-8282