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 Shirotnaia Zone ("Shirotnaia") (see location map, Figure 1).

The objective of the 2010 exploration program is to continue the exploration of the gold discovery previously announced, utilizing all available data resulting from past drilling programs including rotary air-blast ("RAB"), hydro-core lift ("KGK") and diamond drilling. Alhambra's focus is to further define the extent and continuity of the gold mineralization at Shirotnaia leading to a National Instrument ("NI") 43-101 compliant gold resource report.

Mr. John J. Komarnicki, Alhambra's Chairman and Chief Executive Officer stated, "We are very excited about moving forward with this drilling program given the positive results of our past Shirotnaia drilling programs. These previous programs have lead to the identification of a large gold anomaly and significant gold mineralization with a high peak gold grade of up to 51.6 grams per tonne. Shirotnaia is but one of many exciting 2010 exploration targets that Alhambra is focused on."

The drilling program commenced on July 29th and will consist of approximately 7,500 meters ("m") of drilling and will be divided into two stages (see Figure 2).

The first stage will consist of approximately 1,100 m of core drilling to be drilled along 3 separate lines in an area of approximately 700 m by 600 m with the objective of confirming the continuity of the mineralization.

Contingent on the first stage results, a second stage of reverse circulation ("RC") drilling is planned which would consist of approximately 6,400 m of drilling on 6 lines at 150 to 200 m intervals.

Alhambra will announce the results of this drill program upon receipt and interpretation of drill assays.

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

Shirotnaia is one of Alhambra's 2010 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 kms northeast of the KazakhGold Group Limited ("KazakhGold") mining allotment which hosts the Aksu and Quartzite Hills gold deposits having reported resources of approximately 15 million ounces(1). The target area of Shirotnaia, as indicated by gold and silver soil anomalies, measures approximately 5.5 kms by 2.5 kms.

(1) As per KazakhGold's Annual Report & Accounts for the period January 1 to December 31, 2006

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.