Alhambra Resources Ltd.

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CALGARY, ALBERTA - Alhambra Resources Ltd. (TSX-V: ALH) ("Alhambra" or the "Corporation") is pleased to announce that it has begun its summer drilling program on its 100% owned Zhanatobe project area ("Zhanatobe") (see location map, Figure 1).

The objective of the 2010 exploration program at Zhanatobe is to determine grade consistency and the shape and size of the gold mineralization as outlined by mapping and surface rock chip sampling carried out in 2009 which identified two large zones measuring 12 kilometres ("kms") by 3 kms and 10 kms by 2 kms of anomalous gold concentrations of high density (see news release dated May 17, 2010).

Mr. John J. Komarnicki, Alhambra's Chairman and Chief Executive Officer stated, "We are excited about moving forward with this drilling program given the large anomalies outlined and the high peak gold grade of up to 34.4 grams per tonne ("g/t") identified previously."

The drilling program commenced on July 22nd and will consist of approximately 465 rotary air blast ("RAB") holes totaling 4,700 metres ("m") on the Northern and Central areas of Zhanatobe (see Figure 2).

It is anticipated that the exploration program for the Northern area will consist of 191 RAB holes totaling approximately 2,000 metres. This will include 7 drilling lines ranging in length from 600-700 m, spaced 200 m apart and will be located in the northern, central and southern parts of the Northern area.

For the Central area, the exploration drilling program will consist of 8 drilling lines comprised of 274 RAB holes totaling approximately 2,700 m. Planned are 6 drilling lines ranging in length from 400-1,000 m, spaced 200 m apart, and will be located in the northern and southern parts of the Central area. To test the geologically most promising part of the area, two additional RAB lines, approximately 280 and 350 m in length with closer hole spacing along the line will also be drilled in the northern part of the Central area to test the silicified body discovered there.

Drilling results will be announced upon receipt and interpretation of drill assays.

Northern Area	Central Area

Zhanatobe is one of Alhambra's 2010 early stage exploration targets within the Corporation's 100% owned Uzboy Project located in north central Kazakhstan. Zhanatobe is located within the Mamay block approximately 90 kms southeast of Alhambra's Uzboy gold deposit and 40 kms northwest of the city of Stepnogorsk, Alhambra's Kazakhstan operating base.

Alhambra is a Canadian based international exploration and gold production corporation celebrating its eighth year of operations in the Republic of Kazakhstan. Alhambra holds exploration and exploitation rights to a 2.7 million acre (11,000 km2), 100% owned, license called the Uzboy Project, located in the prolific Charsk Gold Belt which hosts numerous world-class gold deposits. Over 100 mineral targets, including 5 advanced exploration areas are contained within the Uzboy Project.

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

Elmer B. Stewart, MSc. P. Geol., a technical consultant, is the Corporation's nominated Qualified Person. Mr. Stewart has reviewed the technical information contained in this news release.

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.