Alhambra Resources Ltd.
TSX VENTURE : ALH
FRANKFURT : A4Y

Alhambra Resources Ltd.

December 02, 2009 07:00 ET

Alhambra Appoints Vice President Business Development

CALGARY, ALBERTA--(Marketwire - Dec. 2, 2009) - Alhambra Resources Ltd. (TSX VENTURE:ALH)(FRANKFURT:A4Y) ("Alhambra" or the "Corporation") is pleased to announce the appointment of Paul Marchenko as Vice President Business Development. Mr. Marchenko will assist in establishing and implementing Alhambra's development strategy and objectives for its 100% owned and operated, Kazakhstan based, gold exploration and production subsidiary, Saga Creek Gold Company LLP. 

Mr. Marchenko joined Alhambra in 2003 and has held various management positions before this appointment. Prior to joining Alhambra, Mr. Marchenko was a Senior Tax Consultant with Deloitte & Touche LLP where he focused on corporate Canadian and international tax compliance and planning, and on transfer pricing matters.

From 1996 to 1999 Mr. Marchenko practiced corporate and securities law with the Kyiv office of the Chicago based international law firm Altheimer & Gray, where he worked extensively on investment transactions related to various countries within the former Soviet Union.

Mr. Marchenko holds a Masters Degree in Business Administration from the University of Calgary and a Law Degree from the Kyiv State University. Mr. Marchenko is fluent in English, Russian and Ukrainian.

"Paul has been an integral part of our team since 2003," stated John J. Komarnicki, Chairman and Chief Executive Officer of Alhambra, "and he will be an important member of our senior management team as we continue with aggressive development plans to build corporate success and shareholder value".

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 eighth 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.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Alhambra Resources Ltd.
    Ihor P. Wasylkiw
    Chief Information Officer
    +1 (403) 508-4953
    or
    Alhambra Resources Ltd.
    Don D. McKechnie
    Vice President Finance and CFO
    + 1 (403) 228-2855