Alhambra Resources Ltd. - Continued Positive Diamond Drill Results at Shirotnaia



    CALGARY, April 26 /CNW/ - Alhambra Resources Ltd. ("Alhambra" or the
"Corporation") announces the results for 8 diamond drill holes ("DDHs")
completed on the Shirotnaia zone.
    Mr. Elmer Stewart, President and COO of Alhambra stated, "I'm happy to
report that the analytical results from the additional eight drill holes at
Shirotnaia continue to demonstrate the potential for a substantial zone of
gold mineralization. Due to the continuity and grade of the mineralization and
the close proximity to the gold deposits at Aksu, additional exploration
including diamond drilling is planned at Shirotnaia in 2007."
    The Shirotnaia zone is located 3 kilometres ("kms") northeast of the Aksu
and Quartzite Hills gold deposits. These two gold deposits are reported to
have Proven and Probable gold reserves of 5.4 million and 15.0 million ounces,
respectively. The operator of these deposits, KazakhGold, reported these
reserves in late November 2005. The geology and structures that host these two
gold deposits are interpreted to extend northeast towards the Shirotnaia zone.

    Diamond Drilling Results

    A total of 18 DDHs have been completed on the Shirotnaia zone to test the
depth extent of the gold mineralized outlined by trenching. The first 4 DDHs
were reported in a News Release dated March 21, 2007. The weighted average
grade of the mineralized intervals for an additional 8 DDHs have been
estimated (see Table 1) and the analytical results for the remaining 6 DDHs
are still outstanding.
    The locations of the 8 DDHs being reported are shown in Figure 1 (see
Figure 1 at the following link:
http://files.newswire.ca/483/AlhambraShirotnaia.doc). The weighted average
grades of the mineralized intervals are based on atomic absorption analysis,
using a 0.2 gram per tonne ("g/t") cutoff. The average depth of oxidization is
25 m and the gold mineralization is hosted in a broad zone of metasomatically
altered andesite.

    Detailed Results - Shirotnaia Zone

    Several of the DDHs intersected significant intervals of higher-grade
gold mineralization. In DDH 24-3, the interval from 42 to 46 metres ("m")
averaged 7.78 g/t while the interval from 78 to 82 m averaged 16.88 g/t of
gold. In DDH 12-1, the interval from 40 to 45 m averaged 4.96 g/t gold. The
mineralization intersected by DDH 24-3 appears to be a separate zone of
mineralization. This zone occurs approximately 50 m to the East of the
mineralized zone intersected in DDH 24-1 (see News Release dated March 21,
2007) and shows consistently higher grades of gold mineralization than the
other drill holes reported to date.
    The preliminary interpretation of the results to date suggests that the
mineralized zone between Sections 12 and 32 (a distance of 200 m) dips steeply
(75 degrees) to the West, ranges from 10 to 70 m in thickness and has been
intersected to a depth of 125 m below surface on Section 28. The analytical
results for DDH 28-1 (1.79 g/t over 73 m) and DDH 28-2 (1.80 g/t over 40 m)
were reported in a News Release dated March 21, 2007. DDH 28-2 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 in these
holes is open along strike and at depth.
    DDH 103-1 and DDH 103-2 intersected two steeply dipping (80 degrees)
sub-parallel zones of gold mineralization. The mineralized zones on this
section dips to the West, are open along strike and at depth. DDH 32-1 was
located too far to the West and failed to intersect the mineralized zone
outlined by the surface trenching program. Although DDH 70-1 intersected three
intervals of lower-grade gold mineralization, it failed to intersect the zone
of gold mineralization located by the trenching program. It appears that the
mineralized zone outlined by trenching on Section 70 may be more steeply
dipping than expected.

    
               Table 1 - Shirotnaia Zone 2007 Drilling Results

    -------------------------------------------------------------------------
                                                     Inter- Grade  Minerali-
    Sec-  DDH   Length  Azimuth  Dip   From    To     val    Au     zation
    tion  No.     (m)                   (m)    (m)    (m)   (g/t)    Type
    -------------------------------------------------------------------------
     12  C-121   81.50   150   -60.00  36.00  47.00  11.00  2.42  TRANSITION
    -------------------------------------------------------------------------
                      including        40.00  45.00   5.00  4.96  TRANSITION
    -------------------------------------------------------------------------
     12  C-122  111.50   149   -60.00  83.50  94.50  11.00  0.36  TRANSITION
    -------------------------------------------------------------------------
     20  C-202  170.60   149   -60.00  30.00  58.00  28.00  0.68    OXIDE/
                                                                  TRANSITION
    -------------------------------------------------------------------------
                                       66.00  90.00  24.00  0.38  TRANSITION
                                                                   /PRIMARY
    -------------------------------------------------------------------------
                                      135.50 143.50   8.00  1.32    PRIMARY
    -------------------------------------------------------------------------
                                      161.50 166.50   5.00  0.48    PRIMARY
    -------------------------------------------------------------------------
     24  C-243  100.00   330   -60.00  42.00  46.00   4.00  7.88  TRANSITION
    -------------------------------------------------------------------------
                                       64.00  88.00  24.00  3.05  TRANSITION
                                                                   /PRIMARY
    -------------------------------------------------------------------------
                      including        78.00  82.00   4.00 16.88    PRIMARY
    -------------------------------------------------------------------------
     32  C-321  115.00   149   -60.00  15.00  38.00  23.00  0.32     OXIDE
    -------------------------------------------------------------------------
     71  C-711   90.00   152   -75.00   3.00  15.00  12.00  0.43     OXIDE
    -------------------------------------------------------------------------
                                       21.00  29.00   8.00  0.53     OXIDE
    -------------------------------------------------------------------------
                                       60.00  62.00   2.00  1.50  TRANSITION
    -------------------------------------------------------------------------
    103 C-1031   92.00   151   -75.00   1.50  42.00  40.50  0.63     OXIDE/
                                                                  TRANSITION
    -------------------------------------------------------------------------
                                       50.00  81.00  31.00  0.58  TRANSITION
                                                                   /PRIMARY
    -------------------------------------------------------------------------
    103 C-1032  142.00   152   -75.00  58.00  80.00  22.00  0.64  TRANSITION
                                                                   /PRIMARY
    -------------------------------------------------------------------------
                                      118.00 134.00  16.00  0.51    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 using the following procedure: core samples were
pulverized in a jaw crusher to minus 1mm, 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 but does not
have an International Standard Organization 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., 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. 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, 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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