Alhambra Resources Ltd. - Mamay Diamond Drill Results



    CALGARY, April 4 /CNW/ - Alhambra Resources Ltd. ("Alhambra") is pleased
to announce the results for 17 diamond drill holes ("DDH") for 2,515 metres
("m") completed on the Mamay zone in 2006.
    Due to positive trenching results reported in a News Release dated
September 6, 2006, a diamond drilling program was initiated on the Mamay zone
in October 2006. The DDH targeted a zone of mineralization occurring within an
area measuring 1,000 m by 200 m as outlined by surface trenching. The diamond
drilling covered a strike length of 720 m and tested the zone to a depth of
approximately 120 m below surface.
    Mr. Elmer Stewart, President and COO of Alhambra stated, "The Mamay
drilling results are very encouraging as they show broad intervals of
significant concentrations of base metals and precious metal mineralization.
Additional exploration, including geophysical surveys, is planned for this
area in 2007."
    The precious and base metal potential of Mamay is supported by the
combination of the gold-silver and copper-lead-zinc-gold-silver
mineralization, the geology and the seven kilometer strike length of the
prospective target.
    The Mamay zone is being explored as a poly-metallic target and differs
from the gold mineralization being drilled at both the Uzboy gold deposit and
the Shirotnaia zone.

    Diamond Drilling Results

    The locations of the diamond drill holes for the Mamay zone are shown in
Figure 1. The weighted average grades of the mineralized intervals were
estimated using either a 0.20 gram per tonne ("g/t") cutoff for gold or a
0.10% cutoff for zinc are shown in Table 1 (see Figure 1 at the following
link: http://files.newswire.ca/483/AlhambraMAMAY06F1.doc).

    
    The significant highlights of the drilling program are:
    a)  gold-silver mineralization was intersected over intervals of up to
        37.5 m,
    b)  copper-lead-zinc-gold-silver mineralization was intersected over
        intervals of up to 6.50 m,
    c)  the gold-silver and copper-lead-zinc-gold-silver mineralization occur
        within a broad zone of low-grade silver mineralization,
    d)  the northwest end of the zone exhibits higher grade copper-lead-zinc-
        gold-silver mineralization which is open to the northwest beyond
        Section 61, and
    e)  the southeast end of the zone exhibits higher grade gold-silver
        mineralization which is open to the southeast.
    

    Mamay Zone

    A total of 17 DDH were completed along a strike length of 720 m to test
the down dip extension of a large zone of gold-silver mineralization outlined
by surface trenching programs in 2005 and 2006. These holes show oxidation to
an average depth of 12 m. The gold-silver and copper-lead-zinc-gold-silver
mineralization occurs in a broad zone of pyritic, sheared and brecciated
altered andesite. DDH 69-2 did not intersect significant mineralization.

    
                 Table 1 - Mamay Zone 2006 Drilling Results

    -------------------------------------------------------------------------
                                             Inter-                      Cop-
    Sect DDH  Length Azi-        From          val Gold Silver Zinc Lead  per
    -ion  No.   (m)  muth  Dip   (m)   To (m)  (m) (g/t) (g/t)  (%)  (%)  (%)
    -------------------------------------------------------------------------
    133 C1331 110.00 255 -60.00  30.50  49.00 18.50 0.40  4.93  tr   tr   tr
    -------------------------------------------------------------------------
        C1331                    77.00  87.00 10.00 0.55 12.60 0.01 0.01 0.07
    -------------------------------------------------------------------------
        C1331                   100.00 107.30  7.30 0.43  4.53  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
        C1332 181.00 256 -60.00  65.00  85.00 20.00 0.34  5.00  tr   tr   tr
    -------------------------------------------------------------------------
        C1332                    97.50 114.50 17.00 0.35  9.01  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
        C1333 130.00 255 -60.00  50.00  55.00  5.00 0.16  3.18 0.21 0.12 0.02
    -------------------------------------------------------------------------
        C1333                    76.00  86.50 10.50 0.41  4.24  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    125 C1251  60.00 257 -60.00  28.00  31.00  3.00 0.41  3.28  tr   tr   tr
    -------------------------------------------------------------------------
        C1251                    41.00  51.00 10.00 0.11  9.93 0.68 0.11 0.10
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
        C1252 130.00 252 -60.00   1.00  15.00 14.00 0.80  9.70  tr   tr   tr
    -------------------------------------------------------------------------
        C1252                    34.00  45.00 11.00 0.28  2.67  tr   tr   tr
    -------------------------------------------------------------------------
        C1252                    75.00  83.00  8.00 0.30  3.62  tr   tr   tr
    -------------------------------------------------------------------------
        C1252                   104.00 114.40 10.40 0.10  4.78 0.50 0.14 0.05
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
        C1253 185.00 253 -60.00  73.20  74.00  0.80 1.06  2.03 0.88 0.09 0.03
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
     93  C931  60.00 253 -59.50   1.00  38.50 37.50 0.77 11.27 0.01 0.03 0.01
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
         C932 110.00 255 -60.00   1.00  10.00  9.00 0.33  3.81  tr   tr   tr
    -------------------------------------------------------------------------
         C932                    25.20  32.50  7.30 0.39  6.76  tr   tr   tr
    -------------------------------------------------------------------------
         C932                    42.00  73.00 31.00 0.41  5.63 0.12 0.03 0.05
    -------------------------------------------------------------------------
         C932                    79.00  96.00 17.00 0.23  3.69 0.24 0.07 0.04
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
     85  C851 120.50 254 -60.00   1.00  12.00 11.00 0.33  6.44  tr   tr   tr
    -------------------------------------------------------------------------
         C851                    34.00  49.00 15.00 0.36  3.86  tr   tr   tr
    -------------------------------------------------------------------------
         C851                    80.00  85.00  5.00 0.30  3.45  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
         C852 230.50 254 -60.00  26.00  27.00  1.00 0.21 12.15  tr   tr   tr
    -------------------------------------------------------------------------
         C852                    43.00  54.00 11.00 1.41  9.49  tr   tr   tr
    -------------------------------------------------------------------------
         C852                    55.00  60.50  5.50 0.20  2.35 0.21 0.08 0.39
    -------------------------------------------------------------------------
         C852                    72.50  77.50  5.00 0.33  3.97 0.67 0.13 0.04
    -------------------------------------------------------------------------
         C852                    86.50  89.50  3.00 5.68  6.08 1.23 0.05 0.12
    -------------------------------------------------------------------------
         C852                    96.50 100.50  4.00 1.67 14.55  tr   tr   tr
    -------------------------------------------------------------------------
         C852                   138.50 151.50 13.00 0.14  2.06 0.30 0.05 0.03
    -------------------------------------------------------------------------
         C852                   162.00 168.00  6.00 0.24  1.10 0.29 0.05 0.02
    -------------------------------------------------------------------------
         C852                   181.00 188.00  7.00 0.59  1.25 0.55 0.01 0.06
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
     77  C771 100.00 256 -60.00  20.00  37.00 17.00 0.54  2.75  tr   tr   tr
    -------------------------------------------------------------------------
         C771                    61.00  65.30  4.30 2.18  4.90 1.08 0.11 0.22
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
         C772 198.80 255 -59.70  70.00  77.00  7.00 0.40  3.03 0.38 0.04 0.06
    -------------------------------------------------------------------------
         C772                    78.00  96.00 18.00 0.25  1.67  tr   tr   tr
    -------------------------------------------------------------------------
         C772                   111.00 112.00  1.00 1.41  8.85 1.80 0.02 0.14
    -------------------------------------------------------------------------
         C772                   116.30 117.30  1.00 0.45  4.03  tr   tr   tr
    -------------------------------------------------------------------------
         C772                   136.00 137.00  1.00 0.75  8.57 2.80 0.46 0.60
    -------------------------------------------------------------------------
         C772                   165.00 166.00  1.00 0.74  2.32 0.08 0.05 0.16
    -------------------------------------------------------------------------
         C772                   185.00 194.00  9.00 0.66  4.04  tr   tr   tr
    -------------------------------------------------------------------------
         C772                   195.00 198.80  3.80 3.53 20.75 0.08 0.07 0.23
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
     69  C691 170.40 254 -60.00   2.00   7.00  5.00 0.23  4.39  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
     61  C611  90.00 254 -60.00  12.50  19.50  7.00 0.30  3.26  tr   tr   tr
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
         C612 199.00 254 -60.00   2.10   7.00  4.90 0.64  9.05  tr   tr   tr
    -------------------------------------------------------------------------
         C612                    20.00  22.00  2.00 0.54 13.77  tr   tr   tr
    -------------------------------------------------------------------------
         C612                    48.00  54.00  6.00 2.18 14.43 1.28 0.63 0.33
    -------------------------------------------------------------------------
         C612                    68.00  74.50  6.50 0.88  5.78 2.09 0.13 0.33
    -------------------------------------------------------------------------
         C612                    94.00  97.00  3.00 0.38  1.48  tr   tr   tr
    -------------------------------------------------------------------------
         C612                   158.00 160.00  2.00 0.10  0.82 0.63 0.01 0.04
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
         C613 200.50 256 -60.00 147.60 151.00  3.40 6.91 10.75 1.14 0.19 1.06
    -------------------------------------------------------------------------
         C613                   177.00 178.00  1.00 1.25  4.65  tr   tr   tr
    -------------------------------------------------------------------------
    tr = trace concentration
    

    Note: Until additional diamond drill results are available, the true
    thickness of the mineralized intervals cannot be estimated.

    Diamond Drilling and Sampling Procedures

    The diamond drilling was completed using a 76 mm diameter core barrel.
Core recovery at Mamay is estimated to be greater than 96%. Sample intervals
were selected based on lithologies, intensity of alteration and sulphide
concentration. 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. 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 laboratory in
Stepnogorsk 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 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.

    Alhambra is a Canadian based international production and exploration
company celebrating its sixth year of operations in the Republic of
Kazakhstan. It is engaged in the exploration and development of gold
properties and commenced gold production in late 2004.
    Alhambra shares trade in Canada on The TSX Venture Exchange under the
symbol ALH and in Germany on the Frankfurt Open Market under the symbol A4Y.
The Company'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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