CALGARY, Sept. 23 /CNW/ - Alhambra Resources Ltd. (TSX-V: ALH)
("Alhambra" or the "Corporation") is pleased to announce the results of
Reverse Air Blast ("RAB") drilling completed northeast of the West and East
pits at the Uzboy gold deposit located within Alhambra's 100% owned Uzboy
Project in north central Kazakhstan.
The RAB drilling has located a new zone of oxide gold mineralization
designated "New Discovery", located northeast of the East zone of the Uzboy
gold deposit (see Figure 1).
John J. Komarnicki, Alhambra's Chairman and CEO stated, "We're excited
that our exploration program continues to be successful in identifying new
zones of gold mineralization around the Uzboy mine site. This newly announced
exploration discovery continues to support our interpretation of the gold
potential of the Uzboy deposit."
DETAILS OF NEW DISCOVERY
Following is a brief description of the recently discovered zone of oxide
The new zone of oxide gold mineralization is interpreted to strike
northeast-southwest and occurs approximately 750 metres ("m") northeast of and
along strike of the West zone of the Uzboy gold deposit (see Figure 1 at
http://files.newswire.ca/487/Alhambra_Uzboy.doc). Based on the recently
completed magnetometer survey, the new zone occurs within the same intense
magnetic low which also hosts the West zone of the Uzboy gold deposit. A
0.20 grams per tonne ("g/t") gold cut off was used to outline the zone of
oxide gold mineralization which has been intersected on seven profiles over a
strike length of 180 m. The mineralized zone is open to the northeast and
southwest. The zones of gold mineralization intersected on Profiles 110 and
116 are interpreted to be the extensions of the zones of gold mineralization
intersected on Profiles 136 and 144.
Four parallel zones of gold mineralization ranging in width from 20 m to
100 m occur on Profiles 136 to 144. On Profile 140, gold mineralization was
intersected at the northwest and southeast ends of this profile which remains
open. The depth of the mineralized intervals being reported depends on the
length of the RAB hole. The mineralized intervals typically range from 12 to
14 m and are open at depth. Gold grades within the mineralized intervals from
Profile 136 to Profile 144 range from 0.20 g/t to 4.80 g/t.
From Profiles 110 to 116, three parallel zones of gold mineralization
occur ranging in width from 10 to 50 m. At the northwest end of these
profiles, a zone of gold mineralization was intersected which remains open to
the northwest. The depth of the mineralized intervals being reported depends
on the length of the RAB hole but typically ranges from 8 to 12 m and is open
at depth. Within the mineralized intervals between Profiles 110 and 116 gold
grades range from 0.20 g/t to 0.98 g/t.
Additional RAB drilling is required to test the continuity of the oxide
gold mineralization between Profiles 116 and 136, and along strike to the
northeast and to the southwest.
RAB DRILLING AND SAMPLING PROCEDURES
RAB drilling was used to explore the area immediately along strike of the
West and East zones of the Uzboy gold deposit. RAB drilling was completed on
profiles spaced at 20 m and 40 m intervals and used a 5 m and 10 m spacing
between the hole locations on each profile.
The RAB holes, having a diameter of 7.6 centimetres, were drilled to
depths that ranged from 6 to 16 m with the majority of the RAB holes being
either 12 or 14 m in depth. The cuttings from the RAB holes were sampled on a
2 m interval analysis. The cuttings from the interval sampled in each hole
were mechanically split into four samples. The samples selected for analysis
are placed in a cloth bag and weighed at the drill site. The weight of the
samples ranged between 5 and 7 kilograms. Based on sample weight, the recovery
from the holes is estimated to be almost 100%.
Sample preparation was completed by Chemical and Analytical Laboratory
Quartz LLP located in Stepnogorsk using the following procedure: 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 independent of Alhambra, is certified in the Republic
of Kazakhstan and does not have an International Standard Organization ("ISO")
Alhambra anticipates delineating the new zone of oxide gold
mineralization using a combination of RAB drilling and trenching. This
exploration is expected to be included in the Corporation's 2009 exploration
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 and a consultant,
is the Corporation's nominated Qualified Person and has reviewed and verified
the technical information contained in this news release.
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 seventh 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
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: Ihor P. Wasylkiw, Chief Information Officer,
(403) 508-4953; Donald D. McKechnie, Chief Financial Officer, (403) 228-2855