Alhambra Resources Ltd.

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CALGARY, ALBERTA - Alhambra Resources Ltd. (TSX-V: ALH) ("Alhambra" or the "Corporation") is providing this bi-weekly Default Status Report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On April 20, 2009, the Corporation announced (the "Default Notice") that it expected there would be a delay in filing its 2008 annual audited financial statements, management's discussion and analysis and CEO and CFO certificates (collectively, the "2008 Annual Audited Financial Statements") within the 120 day period prescribed for the filing of such documents for reasons disclosed within that announcement.

In accordance with NP 12-203, and as previously announced, the Corporation applied to the Alberta Securities Commission ("ASC") for a Management Cease Trade Order ("MCTO") related to the Corporation's common shares to be imposed against certain Corporation executives instead of a general cease trade order being imposed against all the securities of the Corporation. On May 1, 2009, the ASC issued a temporary MCTO.

If Alhambra failed to file its 2008 Annual Audited Financial Statements on or before June 29, 2009, the ASC could impose a cease trade order on Alhambra such that all trading in securities of the Corporation cease for such period as the ASC may deem appropriate.

Alhambra is currently completing its Audited Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2008 and will file these documents on SEDAR on Monday, June 29, 2009. In addition, the Corporation is completing its Interim Financial Statements and MD&A for the three months ended March 31, 2009 and will file these documents on SEDAR on Monday, June 29 2009 as well. These documents will be available on the Corporation's website on June 29, 2009, can be obtained on application from Alhambra and will be available under the Corporation's profile on SEDAR at www.sedar.com.

Once Alhambra completes its filings on Monday, June 29, 2009 the Corporation will have satisfied its financial filing requirements, and will no longer be issuing any further bi-weekly Default Status Reports under Section 4.4 of National Policy 12-203 - Alternative Information Guidelines ("AIG").

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.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.