Alhambra Resources Ltd.
TSX VENTURE : ALH

Alhambra Resources Ltd.

October 13, 2005 06:00 ET

Alhambra Extends Uzboy West Gold Deposit at Depth

CALGARY, ALBERTA--(CCNMatthews - Oct. 13, 2005) - Alhambra Resources Ltd. (TSX VENTURE:ALH) is pleased to provide preliminary results on four additional diamond drill holes ("DDH") completed on its Uzboy gold project located in north central Kazakhstan.

Management is very pleased with these results. Drill holes 37-9, 37-10 and 33-9 confirmed the down dip extension of the zone of gold mineralization previously reported on section 33 and section 37 in the Uzboy West deposit. Two diamond drills are currently drilling to test the down dip and interpreted strike extension of the gold mineralization intersected in DDH 37-10 and DDH 33-9.

The results presented below are based on atomic absorption analysis. Fire assaying of samples from within the mineralized intervals will also be completed. Highlights are as follows:



Diamond drill hole 37-9 intersected a weighted average grade of
4.78 g/t gold over an interval of 101 metres (preliminary results
for this hole were released on September 9th, 2005).

Diamond drill hole 37-10 located 40 metres northwest of DDH 37-9
intersected the interpreted down dip extension of the gold
mineralization in DDH 37-9 and returned a weighted average grade of
2.62 g/t gold over an interval of 86 metres.

Gold recovered since commencement of the test leaching program is
approximately 11,400 troy ounces.

Uzboy West Deposit:

The weighted average grade (using a 0.2 g/t cutoff) of the mineralized
core intervals from four diamond drill holes completed on the Uzboy West
deposit in August and September 2005 are outlined below.


------------------------------------------------------------------------
DDH # Section Dip Azimuth From(m) To(m) Interval(m) Average Grade g/t
------------------------------------------------------------------------
37-9 37 -60 135 117 218 101 4.78
------------------------------------------------------------------------
37-10 37 -60 135 182 268 86 2.62
------------------------------------------------------------------------
33-9 33 -60 135 138 178 40 1.721
------------------------------------------------------------------------
45-8 45 -60 135 258 266 8 0.914
------------------------------------------------------------------------
274 281 7 0.929
------------------------------------------------------------------------
301 312 11 1.310
------------------------------------------------------------------------
------------------------------------------------------------------------


The locations of the diamond drill holes reported in this new release
are shown in Figure -1. A brief description of these holes is as follows:

Diamond drill hole 33-9 located on Section 33 approximately 40 metres
northeast of Section 37 intersected the down dip extension of the gold
mineralization intersected in DDH 33-8 (see September 9th, 2005 news
release). The zone of mineralization on section 33 has been traced
from surface to a vertical depth of 160 metres and is open down dip.

Diamond drill hole 37-9 (Figure - 2) located on Section 37
approximately 50 metres northwest of DDH 37-8 intersected the
interpreted down dip extension of the gold mineralization in DDH 37-8
(see July 26th, 2005 news release).

Diamond drill hole 37-10 (Figure - 2) located on Section 37
approximately 40 metres northwest of DDH 37-9 intersected the
interpreted down dip extension of the gold mineralization in DDH 37-9.
The zone of mineralization on section 37 has been traced from surface
to a vertical depth of 240 metres and is open down dip.

Diamond drill hole 45-8 is located on Section 45 approximately 80
metres southwest of Section 37.


A preliminary interpretation of the 2005 diamond drilling results suggests that two, possibly separate zones of gold mineralization occur on the Southwest extension of the Uzboy West deposit. The gold mineralization occurs in a large zone of metasomatic altered rocks characterized by fine grained disseminated pyrite and a distinctive green coloration. The mineralization appears to be open down dip and along strike. The analytical results for the additional diamond drill holes completed on the Uzboy West zone will be reported on receipt thereof.

Heap Leach Test Results:

Approximately 650,000 tonnes of oxide gold mineralization have been stacked on the test leach pads. The leaching of the additional 100,000 tonne is proposed to commence in late October bringing the total under test leaching at that time to 650,000 tonne. Since the commencement of the test mining and leaching operation in December 2004, approximately 356,000 grams (11,400 troy ounces) of gold have been precipitated on resin.

The onsite operations at the Uzboy gold project are supervised by senior mining, metallurgical and geological personnel employed by Saga Creek Gold Company LLP. Saga Creek is a wholly owned subsidiary of Alhambra Resources Ltd.

Sampling Procedures:

Sample preparation and atomic absorption analysis 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 is certified in the Republic of Kazakhstan but does not have an International Standard Organization rating.

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 fire assay.

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 exploration programs completed on the Uzboy Property. Mr. Stewart has reviewed and verified the technical information contained in this news release.

This document contains statements about expected or anticipated results that are forward looking in nature and, as a result, are subject to certain risks and uncertainties, such as technical issues, new legislation, competitive and general economic factors and conditions, uncertainties resulting from potential delays, changes in plans, the occurrence of unexpected events and the Corporation's capability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbor for future looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.

There are maps of the Uzboy West Gold Deposit available on CCNMatthews' website at: http://www.ccnmatthews.com/docs/1013alh.pdf.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Alhambra Resources Ltd.
    Elmer B. Stewart
    President & Chief Operating Officer
    (403) 228-2855
    or
    Alhambra Resources Ltd.
    Jim Clarke
    Investor Relations
    Toll Free: 1-888-290-1335
    Website: www.alhambraresources.com