Alhambra Resources Ltd. - Diamond Drilling Results from Uzboy and Kirtoge



    CALGARY, March 25 /CNW/ - Alhambra Resources Ltd. (TSX-V: ALH)
("Alhambra" or the "Corporation") is pleased to announce the results for an
additional six diamond drill holes ("DDHs") completed on the Uzboy gold
deposit and 21 DDHs from the Kirtoge zone located approximately 15 kilometres
northeast of the Uzboy gold deposit.

    DIAMOND DRILLING RESULTS

    The locations of the DDHs for the Uzboy gold deposit and the Kirtoge zone
are shown in Figures 1, 2 and 3. The weighted average gold grade of the
mineralized intervals are based on atomic absorption analysis and using a
0.2 gram per tonne ("g/t") cutoff.
    DDH 143 on the East zone of the Uzboy gold deposit intersected a thick
interval of gold mineralization which represents one of the highest grade
intervals recorded from the East zone and is open at depth and along strike to
the southwest. This hole contains numerous higher-grade intervals of gold
mineralization which has not been typical for the East zone.
    The latest drilling results suggest that the limits of the gold
mineralization on the southwest side of the West zone of the Uzboy gold
deposit have been defined. The gold mineralization in this zone remains open
to the northeast.
    The analytical results from the Kirtoge zone show wide intervals of
low-grade gold mineralization (less than 0.4 g/t) and narrow intervals of
greater than 0.5 g/t gold. The average gold grades intersected by the diamond
drilling are similar to the trenching and Reverse Air Blast ("RAB") drilling
results outlined in 2005 and 2006.

    UZBOY GOLD DEPOSIT

    The analytical results for an additional 6 DDHs from the East and West
zones of the Uzboy gold deposit are set out in Table 1. The gold
mineralization is hosted in a broad zone of intensely sheared metasomatically
altered andesite.
    The DDHs completed on the West zone were designed to test the down dip
and strike extensions previously intersected mineralized intervals. The
drilling on Sections 65 and 73 intersected narrow intervals of low-grade
sulphide gold mineralization. Future drilling will concentrate on the
northeast extension of this zone.
    The DDHs completed on the East zone were designed to test the down dip
extension of previously intersected intervals of gold mineralization. DDH 143
intersected a broad interval of low-grade oxide gold mineralization and a
significant interval of sulphide gold mineralization with a maximum grade of
14.2 g/t gold over 1.0 metre ("m") between 131.0 and 132.0 m. The interval
from 122.0 to 149.0 m in DDH 143 is higher than the average for the East zone
and contains six samples containing greater than 3.0 g/t gold. This interval
represents one of the highest grade mineralized intervals recorded from the
East zone and is open along strike and at depth. This mineralized interval
suggests that the average grade and thickness of the mineralization could be
increasing toward the southwest. Additional diamond drilling is required to
assess the significance of this part of the East zone.

    
            Table 1 - Uzboy Gold Deposit Diamond Drilling Results

    -------------------------------------------------------------------------
                                                              Grade  Mineral-
          Sec-  DDH          Azi-        From   To   Interval   Au   ization
    Zone  tion  No.  Length  muth  Dip    (m)   (m)    (m)    (g/t)    Type
    -------------------------------------------------------------------------
    West    73  731  470.00  134  -60  328.00  336.00   8.00   1.62  Sulphide
    -------------------------------------------------------------------------
                                       346.00  354.00   8.00   0.61  Sulphide
    -------------------------------------------------------------------------
            65  657  490.00  134  -60  462.00  463.00   1.00   1.81  Sulphide
    -------------------------------------------------------------------------
            65  658  520.00  135  -60  478.00  479.00   1.00   4.00  Sulphide
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    East     6   62  133.70  315  -60   19.00   27.00   8.00   0.21   Oxide
    -------------------------------------------------------------------------
                                        34.00   37.00   3.00   1.78   Oxide
    -------------------------------------------------------------------------
            10  105  146.40  315  -60   27.50   37.50  10.00   0.34   Oxide
    -------------------------------------------------------------------------
                                                                      Oxide/
                                                                      Tran-
                                        56.00   62.00   6.00   0.27   sition
    -------------------------------------------------------------------------
                                       136.00  139.00   3.00   1.10  Sulphide
    -------------------------------------------------------------------------
            14  143  151.00  316  -60   22.00   34.00  12.00   0.73   Oxide
    -------------------------------------------------------------------------
                                        90.00   91.00   1.00   5.50  Sulphide
    -------------------------------------------------------------------------
                                       122.00  149.00  27.00   2.30  Sulphide
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Intervals are not true widths.
    


    KIRTOGE ZONE

    A total of 21 DDHs (2809.9 m) were completed over a strike length of
440 m to test a broad zone of oxide gold mineralization located by trenching
and RAB drilling in 2005 and 2006. The weighted average grade of the
mineralized intervals using a 0.2 g/t gold cut-off is set out in Table 2.
    The geology of this zone consists of weakly altered, andesite,
volcaniclastic sediments and black shale. These lithologies are extensively
faulted which in numerous occasions resulted in drilling difficulties.
    This zone was drilled to test the depth extension of low-grade gold
mineralization outlined by trenching and RAB drilling. The preliminary
interpretation of the analytical results from the trenching, RAB drilling and
diamond drilling indicated that the intervals of gold mineralization exposed
on surface pinch out at depth. For example, the mineralized intervals and
weighted average grade in DDH 71 and DDH 72 demonstrate this relationship. The
overall gold grades and the weighted average gold grade intersected by the
drilling show a reasonable correlation with the gold grades trenching and RAB
drilling results.
    The intervals of gold mineralization intersected by diamond drilling are
for the most part relatively narrow and low-grade. Toward the southwest end of
the Kirtoge zone no significant intervals of gold mineralization were
intersected by diamond drilling, yet significant intervals of low-grade gold
mineralization were located on surface by trenching. This relationship
suggests that the mineralized intervals exposed by trenching have very little
depth extent and possibly represent what remains of a mineralized zone after
erosion. No additional drilling is planned for this zone in 2008.
    A test geophysical program consisting of total field magnetometer and
electromagnetic surveys was completed over the Kirtoge zone in late 2007. KGK
drilling was also completed at Kirtoge, south of the area that was diamond
drilled. The data from the geophysical surveys and the analytical results from
the KGK drilling are being compiled and will be released when the
interpretation of the data has been completed.

    
               Table 2 - Kirtoge Zone Diamond Drilling Results

    -------------------------------------------------------------------------
                                                              Grade  Mineral-
             DDH                        From   To   Interval   Au    ization
    Section  No.  Length  Azimuth  Dip   (m)   (m)    (m)     (g/t)    Type
    -------------------------------------------------------------------------
    47      471   104.40    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            472   135.10    331   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            473   125.00    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
    39      391    87.00    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            392   120.00    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            393   110.80    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
    31      311   138.00    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            312   145.00    330   -60  117.50  119.50   2.00  2.09  Sulphide
    -------------------------------------------------------------------------
    23      231   105.50    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            232   135.20    330   -60  108.00  114.00   6.00  0.40  Sulphide
    -------------------------------------------------------------------------
    19      191    85.00    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            192    56.50    330   -60  134.00  136.00   2.00  0.67  Sulphide
    -------------------------------------------------------------------------
            193   180.50    330   -60      No Significant
                                           Mineralization
    -------------------------------------------------------------------------
            194   181.00    330   -60  109.00  110.00   1.00  2.25  Sulphide
    ------------------------------------------------------------------------
    15      151   121.00    330   -60    3.00   22.00  19.00  0.77   Oxide
    -------------------------------------------------------------------------
                                        79.00   81.00   2.00  0.58  Sulphide
    -------------------------------------------------------------------------
            152   180.50    330   -60  121.00  122.00   1.00  0.76  Sulphide
    -------------------------------------------------------------------------
                                       150.00  151.00   1.00  0.98  Sulphide
    -------------------------------------------------------------------------
    11      111   114.40    330   -60    0.00    8.00   8.00  0.54   Oxide
    -------------------------------------------------------------------------
                                        19.00   28.00   9.00  0.31   Oxide
    -------------------------------------------------------------------------
            112    91.60    330   -60   45.00   50.00   5.00  0.51   Oxide
    -------------------------------------------------------------------------
                                                                     Oxide/
                                        55.00   58.00   3.00  0.83 Transition
    -------------------------------------------------------------------------
     7       71   186.30    330   -60    1.00   42.00  41.00  0.30   Oxide
    -------------------------------------------------------------------------
             72   189.10    330   -60   92.00  103.00  11.00  0.30  Sulphide
    -------------------------------------------------------------------------
     3       31   218.00    330   -60    3.00    5.00   2.00  0.58   Oxide
    -------------------------------------------------------------------------
                                        19.00   20.00   1.00  1.35   Oxide
    -------------------------------------------------------------------------
                                       170.00  172.00   2.00  0.76  Sulphide
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    Intervals are not true widths.
    


    DIAMOND DRILLING AND SAMPLING PROCEDURES

    Diamond drilling is completed using a 76 mm diameter core barrel. Core
recovery at the Uzboy gold deposit is estimated to be greater than 96% and
core recovery for the Kirtoge zone ranged from 50 to 98%. The cores from both
areas were cut with a diamond saw and 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 metre 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 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 laboratory in Stepnogorsk is
certified in the Republic of Kazakhstan but does not have an International
Standard Organization ("ISO") rating. Chemical and Analytical Laboratory
Quartz laboratory 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., a director of Alhambra, is the
Corporation's nominated Qualified Person responsible for monitoring the
supervision and quality control of the programs completed on the Uzboy
property. 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, 2.7 million
acre Uzboy Project. Alhambra is currently in its sixth year of operations in
the Republic of Kazakhstan, commencing commercial gold production in May 2006.
    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
and geological interpretations. Forward-looking information includes
disclosure regarding possible future events, conditions or results of
operations based on assumptions 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.

    To see maps of the West Uzboy, East Uzboy and Kirtoge Zone Diamond Drill
    Hole Locations, visit
    http://files.newswire.ca/483/AlhambraDrillResults.doc.





For further information:

For further information: Ihor P. Wasylkiw, Chief Information Officer,
(403) 508-4953; Jim Clarke, Investor Relations, 1-888-290-1335 (Toll Free)

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