Alhambra Resources Ltd. - High grade mineralization intersected at Uzboy



    CALGARY, Sept. 6 /CNW/ - Alhambra Resources Ltd. ("Alhambra" or the
"Corporation") announces the results for 11 diamond drill holes ("DDH")
completed on the West zone of the Uzboy gold deposit. The Uzboy gold deposit
is one of six advanced exploration areas Alhambra is exploring within its
11,000 km(2) (2.7 million acres) Uzboy Project located in north central
Kazakhstan.

    
    The highlights of the drilling program are:

    -   A significant new high grade zone of gold mineralization has been
        intersected
    -   The gold mineralization has been extended deeper
    -   The deposit is open on strike to the southwest and at depth
    -   Additional diamond drilling is required to continue to delineate the
        gold mineralization of the West zone
    

    Summary Exploration Results

    1. New High Grade Zone of Mineralization Intersected

    The locations of the 11 DDH completed are shown in Figure 1 at the
following link: http://files.newswire.ca/483/High_Grade_Mineralization.pdf.
DDH 392 (see Table 1) was drilled on Section 39 to test the depth extension of
the gold mineralization in this portion of the West zone. This DDH intersected
a weighted average uncut grade of 20.69 grams per tonne ("g/t") over an
estimated true width of 20.00 metres ("m"), including a high grade interval
(uncut) of 86.64 g/t over 3.40 m at a vertical depth of 415 m below surface.
This is the deepest mineralized interval intersected to date on the West zone
of the Uzboy gold deposit. The mineralized interval in this hole is open at
depth and along strike.

    2. Mineralization Extended Deeper

    Diamond drilling on Sections 39 and 45 (see Figure 1 at the following
link: http://files.newswire.ca/483/High_Grade_Mineralization.pdf) shows that
gold mineralization extends from surface to a depth of at least 415 m below
surface on these portions of the West zone of the Uzboy gold deposit. The
depth has been extended from the previous known depth of 370 m.

    3. Deposit Open On Strike To The Southwest and At Depth

    The diamond drilling completed on Section 57 (see Figure 1 at the
following link: http://files.newswire.ca/483/High_Grade_Mineralization.pdf) is
interpreted to have defined the upper edge of the gold mineralization on this
section. Gold mineralization was only intersected in DDH 573, the deepest hole
on Section 57 which is open at depth.
    Drilling on Section 65 is interpreted to have intersected the southwest
extension of the gold mineralization previously reported from Section 61 (see
News Release dated March 21, 2007). All six drill holes completed on Section
65 are mineralized with four of the six holes intersecting narrow intervals of
high grade (with a maximum uncut grade of 91.35 g/t over 0.7 m in DDH 655)
gold mineralization.
    The West zone of the Uzboy gold deposit has now been traced over a
minimum strike length of 560 m between Section 13 and Section 69. Additional
diamond drilling is required to trace the zone of gold mineralization to the
southwest and at depth.

    4. Additional Diamond Drilling Required

    Mr. Elmer Stewart, President, COO and the designated Qualified Person for
Alhambra stated, "These drilling results indicate that a considerable amount
of diamond drilling will be required to test the strike and depth extent of
the gold mineralization in the West zone. The fact that the mineralization is
open below a depth of 415 m on Section 39 and the interpreted extension of the
mineralization to the southwest of Section 69 demonstrates the potential of
the West zone."

    
    Table 1 - West Zone Diamond Drill Results

    -------------------------------------------------------------------------
                                                                     Core
                     Length                        From      To     Interval
    Section  DDH No.  (m)     Azimuth    Dip        (m)      (m)      (m)
    -------------------------------------------------------------------------
      39       392   526.00     135      -75       422.00   446.00     24.00
    -------------------------------------------------------------------------
                                       including   428.00   431.30      3.30
    -------------------------------------------------------------------------
                                       including   441.00   445.30      4.30
    -------------------------------------------------------------------------
      45     4511    558.00     135      -75       345.20   377.00     31.80
                                                   393.00   399.00      6.00
    -------------------------------------------------------------------------
      57      571    211.00     135      -60    No Significant Mineralization
    -------------------------------------------------------------------------
      57      572    260.00     134      -60    No Significant Mineralization
    -------------------------------------------------------------------------
      57      573    273.30     136      -70       216.50   222.50      6.00
                                                   252.50   264.50     12.00
    -------------------------------------------------------------------------
      65      651    235.00     135      -60       155.00   160.00      5.00
                                                   169.50   172.50      3.00
    -------------------------------------------------------------------------
      65      652    280.00     135      -60       163.00   166.00      3.00
                                                   185.00   201.00     16.00
                                       including   198.00   201.00      3.00
    -------------------------------------------------------------------------
      65      653    334.00     135      -60       253.00   294.00     41.00
                                       including   264.00   283.00     19.00
                                       including   277.00   279.00      2.00
                                                   299.00   308.00      9.00
    -------------------------------------------------------------------------
      65      654    380.00     134      -60       262.00   287.00     25.00
                                       including   262.00   267.00      5.00
                                                   291.00   305.00     14.00
                                       including   303.00   304.00      1.00
    -------------------------------------------------------------------------
      65      655    426.00     135      -60       309.00   344.00     35.00
                                       including   324.00   340.00     16.00
    -------------------------------------------------------------------------
      65      656    451.00     135      -60       356.00   389.00     33.00
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                                                     Cut to
                                            Uncut    22 g/t
                               Estimated   Average   Average
                                 True       gold      gold
                     Length      Width      grade     grade    Mineralization
    Section  DDH No.  (m)        (m)        (g/t)     (g/t)         Type
    -------------------------------------------------------------------------
      39       392   526.00     20.00      20.69       7.74         Sulphide
    ----------------------------------------------------------
                                 2.70      27.89      22.00         Sulphide
    -------------------------------------------------------------------------
                                 3.60      86.64      22.00         Sulphide
    -------------------------------------------------------------------------
      45     4511    558.00     28.62       1.12       1.12         Sulphide
                                 3.40       1.13       1.13         Sulphide
    -------------------------------------------------------------------------
      57      571    211.00                                         Sulphide
    -------------------------------------------------------------------------
      57      572    260.00                                         Sulphide
    -------------------------------------------------------------------------
      57      573    273.30        nd      10.29      10.29         Sulphide
                                   nd       1.39       1.39         Sulphide
    -------------------------------------------------------------------------
      65      651    235.00      4.00       3.43       3.43         Sulphide
                                 2.50       3.12       3.12         Sulphide
    -------------------------------------------------------------------------
      65      652    280.00      2.70       2.77       2.77         Sulphide
                                14.40       7.99       6.28         Sulphide
                                 2.70      24.89      18.42         Sulphide
    -------------------------------------------------------------------------
      65      653    334.00     28.70       3.22       2.24         Sulphide
                                13.30       5.97       3.85         Sulphide
                                 1.40      42.12      22.00         Sulphide
                                 6.30       1.41       1.41         Sulphide
    -------------------------------------------------------------------------
      65      654    380.00     17.50       1.83       1.83         Sulphide
                                 3.50       4.96       4.96         Sulphide
                                 9.80       7.35       2.40         Sulphide
                                 0.70      91.35      22.00         Sulphide
    -------------------------------------------------------------------------
      65      655    426.00     26.25       6.26       3.48         Sulphide
                                12.00      12.92       6.85         Sulphide
    -------------------------------------------------------------------------
      65      656    451.00     25.00       1.44       1.44         Sulphide
    -------------------------------------------------------------------------
    

    Detailed West Zone Drill Results

    The weighted average grade of the mineralized intervals was determined
using two methods. The first method used a minimum cutoff grade of 0.2 g/t
gold and the gold concentration in the samples based on the analytical result
(uncut). The second method also used a minimum cutoff grade of 0.2 g/t but
reduced the high grade gold concentrations (values greater than 22 g/t) in the
samples to 22 g/t.
    The cutting of high grade gold values follows the same procedure
discussed in the National Instrument 43-101 technical report entitled
"Resources and Reserve Estimation Study on the Uzboy Gold Deposit, Akmola
Oblast, Kazakhstan" (the "Report") prepared by ACA Howe International Ltd.
("Howe") dated June 5, 2007. All samples that returned gold values greater
than 22 g/t gold were re-analyzed to verify the initial analytical result.
Where possible, the estimated true width of the mineralized intervals was also
estimated. The weighted average grade for both methods and estimated true
width of the mineralized intervals in each DDH are shown in Table 1.
    DDH 392 was drilled on Section 39 to test the depth extension of the gold
mineralization in this portion of the West zone. This DDH intersected high
grade gold mineralization over an estimated true width of 20.0 m at a vertical
depth of 415 m below surface. This is the deepest mineralized interval
intersected to date on the West zone of the Uzboy gold deposit. The
mineralized interval in this hole is open at depth and along strike.
    DDH 4511 was completed on Section 45 (located 60 m southwest of
Section 39) to test of the down dip extension of the two intervals of gold
mineralization intersected in DDH 457 (see News Release dated December 6,
2005). DDH 4511 intersected two intervals of gold mineralization approximately
20 m below the mineralized intervals intersected in DDH 457. The mineralized
intervals in DDH 4511 are open at depth and along strike.
    DDH 571, 572 and 573 were completed on Section 57 (located 40 m northeast
of Section 61) to test the strike extension of the gold mineralization
intersected on Section 61 (see News Release dated March 21, 2007). The upper
two holes, DDH 571 and 572 were drilled above DDH 573 and did not intersect
significant gold mineralization. DDH 573, the deepest hole completed to date
on Section 57 intersected two intervals of gold mineralization that are open
at depth and along strike. Based on the three DDHs completed on Section 57, it
is interpreted that DDH 573 intersected the upper portion of a zone of gold
mineralized that is open at depth and along strike.
    DDH 651, 652, 653, 654, 655 and 656 were completed on Section 65 (located
40 m southwest of Section 61) to test the strike extension of the gold
mineralization intersected on Section 61 and on Section 69. (see News Release
dated March 21, 2007). DDH 652, 653, 654 and 655 all intersected narrow
intervals of high grade (greater than 22 g/t) gold mineralization. The six
drill holes completed on Section 65 has outlined a zone of gold mineralization
that is interpreted to be continuous over a minimum vertical of 200 m and is
open at depth and along strike to the southwest.
    The gold mineralization intersected on Section 61 and Section 69 (see
News Release dated March 21, 2007) and the mineralized intervals shown in
Table 1 of this news release are interpreted to be the same zone of gold
mineralization. This zone of gold mineralization is interpreted to plunge to
the southwest and is open at depth and along strike to the southwest.

    Diamond Drilling and Sampling Procedures

    The 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 1.8 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 laboratory in Stepnogorsk is independent of Alhambra, is
certified in the Republic of Kazakhstan but does not have an International
Standard Organization ("ISO") 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 Company'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 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 includes "forward-looking information" within the
meaning of the Canadian securities laws. Statements, other than statements of
historical fact, may constitute forward-looking information and include,
without limitation: anticipated timing and content of upcoming work programs,
geological interpretations, anticipated dates for receipt of permits,
approvals and other milestones; anticipated results of drilling programs and
other analyses. For any forward-looking information given, management has
assumed that the assay results it has received are reliable, and has applied
geological interpretation methodologies which are consistent with industry
standards. Forward-looking information involves various risks and
uncertainties. There can be no assurance that such forward-looking information
will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such information. Important factors that
could cause actual results to differ materially from management's expectations
include: uncertainties relating to interpretation of drill results; drilling
and sampling procedures; the geology, continuity and grade of mineral
deposits; the need for co-operation of government agencies in the exploration
and development of properties and the issuance of required permits; the need
to obtain additional financing to develop properties and uncertainty as to the
availability and terms of future financing; the possibility of delay in
exploration programs and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of contractors to perform
exploration activities, permits and other governmental approvals; and other
risks and uncertainties disclosed in the Company's other filings with Canadian
securities regulatory authorities at www.sedar.com. The forward-looking
information in this news release is based on management's current expectations
and Alhambra assumes no obligations to update such information to reflect
later events or developments, except as required by law.





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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