Additional Positive Diamond Drill Results at Shirotnaia



    CALGARY, June 28 /CNW/ - Alhambra Resources Ltd. ("Alhambra" or the
"Corporation") announces the results for the last 6 of the 18 diamond drill
holes ("DDH") completed in 2007 on the Shirotnaia zone within its Uzboy
Project area in the Republic of Kazakhstan.
    Mr. Elmer B. Stewart, President, COO and the designated Qualified Person
for Alhambra stated, "We are very excited about the analytical results from
the remaining 6 DDH since the grade and continuity of the gold mineralization
in these holes combined with the 2006 trenching results support the
interpretation that the Shirotnaia zone is a continuous 1,350 metre ("m") zone
of gold mineralization. Due to these positive results and the close proximity
of the Shirotnaia zone to the producing gold deposits at Aksu, additional
exploration, including diamond drilling, is planned for Shirotnaia later in
2007."
    The Shirotnaia zone is located 3 kilometres ("kms") northeast of the Aksu
and Quartzite Hills gold deposits. These two gold deposits are operated by
KazakhGold Group Limited ("KazakhGold") and are reported in a prospectus filed
in November 2005 to support KazakhGold's listing on the London Stock Exchange
to have Proven and Probable gold reserves of 5.4 million and 10.0 million
ounces of gold resources, respectively. Alhambra's Qualified Person has not
verified the resource and reserve information set out in KazakhGold's
prospectus. The resources and reserves set out in the KazakhGold prospectus do
not comply with definitions of resources and reserves as defined by the
Canadian Institute of Mining and Metallurgy and the Standard of Disclosure for
a Mineral Property. The gold mineralization in the Aksu gold deposits is not
necessarily indicative of the gold mineralization in the Shirotnaia zone. The
geology and structures that hosts these two gold deposits are interpreted to
extend northeast towards the Shirotnaia zone.

    Diamond Drilling Results

    Seventeen of the 18 DDH completed (including 5 of the last 6 holes
drilled) over a strike length of 1,350 m within the Shirotnaia zone have
intersected multiple intervals of significant gold mineralization (greater
than 0.2 grams/tonne ("g/t")) in each hole. The mineralized intervals range in
thickness from 2.0 to 73.0 m and extend from surface to a depth of 125 m on
Section 28.
    The results for 12 of the 18 DDH were previously reported in Alhambra's
News Releases dated March 21, 2007 and April 26, 2007. The locations of the 18
DDH are shown in Figure 1 (see Figure 1 at the following link:
http://files.newswire.ca/483/Figure1ShirotnaiaZone.doc). The weighted average
grade of the mineralized intervals was estimated using atomic absorption
analysis, a 0.2 g/t cutoff and no top cut. The weighted average grade of the
mineralized intervals for the last 6 of the 18 hole drilling program are shown
in Table 1.

    Detailed Results - Shirotnaia Zone

    Five of the last 6 DDH drilled have intersected multiple intervals of
significant gold mineralization (see Table 1). DDH C-871 and DDH C-872 were
drilled on Profile 87 (see Figure 1 at the following link:
http://files.newswire.ca/483/Figure1ShirotnaiaZone.doc) to test the depth
extent of gold mineralization located by a trenching program completed in
2006. DDH C-872 was drilled below DDH C-871 and intersected four intervals of
significant gold mineralization. DDH C-871 was located too far south and
failed to intersect the mineralization exposed in trenches on this profile.
    DDH C-1, DDH C-2 and DDH C-3 were drilled on Profile 0. DDH C-2 and DDH
C-3 are interpreted to have intersected a separate zone of gold mineralization
located approximately 40 m northwest of the mineralization intersected in DDH
C-1. DDH C-1 is interpreted to have intersected the southwest extension of the
mineralization intersected on Profiles 12, 20 and 28 and previously reported
in Alhambra's News Release dated March 21, 2007.
    DDH C-242 was drilled on Profile 24 to test the down dip extension of the
gold mineralization in DDH C-241. The mineralization in DDH C-242 consists of
three narrow intervals which is significantly different than the two wide
mineralized intervals (39.7 m and 41.0 m, respectively) intersected in DDH
C-241.
    The geology of the Shirotnaia zone consists of middle Ordovician dacite
and andesite sub-aerial volcanics and tuff that have been intruded by granite
dikes. The gold mineralization is interpreted to be controlled by the
northeast trending Aksuyski fault zone. The upper portions of the mineralized
intervals are oxidized to an average depth of 25 metres. The gold
mineralization is hosted in metasomatically (sericite-pyrite-quartz) altered
dacite and andesite. Underlying the oxidized zone, the mineralized intervals
are characterized by fine grained disseminated pyrite, pyrite veinlets and
quartz-carbonate veining. The pyrite content of the mineralized intervals
ranges from 1% to 7%.
    The preliminary interpretation of the results for the 18 hole drilling
program suggests that the gold mineralization intersected on Profiles 103, 87
and 71 is the southwest extension of the gold mineralization intersected
between Profiles 0 and 32. Although no drilling has been completed between
Profile 0 and Profile 71 (a distance of 710 m), trenching completed in this
part of the Shirotnaia zone in 2005 and 2006 intersected significant intervals
of gold mineralization (see Alhambra's News Releases dated December 5, 2006
and February 23, 2006). The mineralized intervals in all 17 holes are open
along strike and at depth. Between Profile 24 and Profile 28 an interpreted
northwest trending fault appears to offset the mineralized zones between these
two sections.
    The mineralization between Profiles 0 and 32 (a distance of 320 m) is the
most significant intersected to date with respect to average gold grade and
width of mineralization. The mineralization is interpreted to dip steeply
(75 degrees) to the West, ranges from 10 to 70 m in thickness and has been
intersected to a depth of 125 m on Profile 28. The analytical results for DDH
C-281 (1.79 g/t over 73 m) and DDH C-282 (1.80 g/t over 38.8 m) were reported
in Alhambra's News Release dated March 21, 2007. DDH C-282 was terminated at a
depth of 142.8 m in significant gold mineralization with the last sample in
this hole yielding a gold grade of 1.33 g/t.
    The mineralization intersected in DDH C-2, DDH C-3 and DDH C122 (see
Alhambra's News Release dated April 26, 2007) appears to be a separate zone
located approximately 40 m north of the mineralization intersected between
Profile 0 and Profile 32. DDH C-1 is interpreted to have intersected the
southwest extension of the mineralization intersected between Profile 12 and
Profile 32.
    DDH C-872 intersected four steeply dipping (80 degrees) sub-parallel
zones of gold mineralization. These mineralized intervals are interpreted to
be the northeast extension of the mineralization intersected in DDH C-1031 and
DDH C-1032. The mineralized intervals in this part of the Shirotnaia zone are
interpreted to dip to the West and are open along strike and at depth.

    
               Table 1 - Shirotnaia Zone 2007 Drilling Results
    -------------------------------------------------------------------------
                                                    Inter- Gold
     Sect- DDH   Length  Azi-       From    To      val    Grade  Minerali-
     ion   No.   (m)     muth  Dip  (m)     (m)     (m)    (g/t)  zation Type
    -------------------------------------------------------------------------
      0     C-1  100.00  150   -60    0.50    7.10   6.60  0.58     OXIDE
    -------------------------------------------------------------------------
                                     28.00   53.00  25.00  0.79     OXIDE/
                                                                  TRANSITION
    -------------------------------------------------------------------------
                                     58.00   60.00   2.00  1.11   TRANSITION
    -------------------------------------------------------------------------
      0     C-2  130.40  149   -60    2.00    8.00   6.00  0.60     OXIDE
    -------------------------------------------------------------------------
                                     16.00   20.00   4.00  0.36     OXIDE
    -------------------------------------------------------------------------
      0     C-3  130.40  150   -60   28.80   35.50   6.70  0.36     OXIDE
    -------------------------------------------------------------------------
                                    104.00  111.50   7.50  1.07
    -------------------------------------------------------------------------
                                    115.50  124.50   9.00  4.19    PRIMARY
    -------------------------------------------------------------------------
     24   C-242  141.00  149   -60    8.00   12.00   4.00  0.43     OXIDE
    -------------------------------------------------------------------------
                                    112.00  117.00   5.00  1.76    PRIMARY
    -------------------------------------------------------------------------
                                    134.00  137.00   3.00  0.84    PRIMARY
    -------------------------------------------------------------------------
     87   C-871   90.50  151   -75  No Significant Mineralization
    -------------------------------------------------------------------------
     87   C-872  162.50  151   -75   22.00   33.00  11.00  0.62     OXIDE
    -------------------------------------------------------------------------
                                     37.00   40.00   3.00  0.37     OXIDE
    -------------------------------------------------------------------------
                                     68.00   87.50  19.50  0.60   TRANSITION/
                                                                   PRIMARY
    -------------------------------------------------------------------------
                                     93.50   96.50   3.00  1.12    PRIMARY
    -------------------------------------------------------------------------
    Note: Until additional diamond drill results are available, the true
    thickness of the mineralized intervals cannot be estimated.
    

    Diamond Drilling and Sampling Procedures

    Diamond drilling is completed using a 76 mm diameter core barrel. Core
recovery is estimated to be greater than 97%. After cutting with a diamond
saw, one half of the core is collected for sample preparation and analysis and
the other half is retained for future reference. Sample intervals were
selected based on lithologies and intensity of alteration. The sample interval
and sample weight averaged one-meter and 2.0 kilograms respectively. Sample
preparation was completed by Chemical and Analytical Laboratory Quartz LLP
located in Stepnogorsk, Kazakhstan using the following procedure: core 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 certified in the Republic of Kazakhstan, does not
have an International Standard Organization ("ISO") rating and is independent
of Alhambra.

    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., President of Alhambra, is the
Corporation's nominated Qualified Person responsible for monitoring the
supervision and quality control of the programs completed within the Uzboy
Project. Mr. Stewart 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 sixth 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.

    The TSX Venture Exchange Inc. has neither approved nor disapproved the
    information contained herein.

    This news release contains forward - looking information including but
not limited to comments regarding the timing and content of upcoming work
programs, geological interpretations and potential mineral recovery processes.
Forward - looking information includes disclosure regarding possible future
events, conditions or results of operations that is based on assumptions about
future economic conditions and courses of action, and therefore, involves
inherent risks and uncertainties. When used in this news release. The words
"estimated", "plan", "anticipated", "expected", "intend", believe", and
similar expressions are intended to identify forward-looking statements. These
statements involve known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of Alhambra to
be materially different from any future results, performance or achievement
expressed or implied by such forward-looking statements. For any forward
looking information given, management has assumed that the analytical results
it has received are reliable, and has applied geological interpretation
methodologies which are consistent with industry standards. Although
management has a reasonable basis for the conclusions drawn, there can be no
assurance that forward-looking statements will prove to be accurate and actual
results may differ materially from those currently anticipated in such
statements. For such statements, we claim the safe harbor for future.





For further information:

For further information: Elmer B. Stewart, President & Chief Operating
Officer, (403) 228-2855; Ihor P. Wasylkiw, Chief Information Officer, (403)
508-4953; Jim Clarke, Investor Relations, (888) 290-1335 (Toll Free)

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ALHAMBRA RESOURCES LTD.

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