Alhambra Resources Ltd.
TSX VENTURE : ALH

Alhambra Resources Ltd.

September 09, 2005 08:42 ET

Alhambra Extends Zone of Gold Mineralization at Uzboy West Zone

CALGARY, ALBERTA--(CCNMatthews - Sept. 9, 2005) - Alhambra Resources Ltd. (TSX VENTURE:ALH) is pleased to provide preliminary results on 8 additional diamond drill holes completed on the Uzboy gold project located in north central Kazakhstan. The results presented in the table 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 two significant zones of gold mineralization. This hole intersected the down dip extension of the mineralization intersected in DDH 37-8 (see July 26th, 2005 news release) and has also intersected the zone of gold mineralization (see news release dated June 27, 2005) in the lower portion of drill hole 96-17. Additional sampling is required to determine the widths of the two mineralized intervals in this hole.

Diamond drill hole 33-8 located 40 metres northeast of Section 37, intersected two significant zones of gold mineralization. This mineralization is the interpreted extension of the gold mineralization intersected in DDH 37-8 and DDH 37-9. Additional sampling is required to determine the width of the lower mineralized interval in this hole.

Diamond drill hole 45-2 located 80 metres southwest of Section 37 intersected the interpreted extension of the gold mineralization intersected in DDH 37-5. Additional sampling is required to determine the width of the mineralized interval intersected in this hole.

During the month of August estimated gold precipitation was 76,900 grams (2,450 troy ounces) bringing the total recovered since commencement of the test leaching program to approximately 8,700 troy ounces.

Uzboy West Diamond Drilling:

The weighted average grade (using a 0.2 g/t cutoff) of the mineralized intervals based on atomic absorption analysis from 8 diamond drill holes completed on the Uzboy West zone in July and August 2005 are outlined below (see Figure -1).



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From To Interval Average Grade
DDH # Section Dip Azimuth (m) (m) (m) g/t
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53-2 53 -60 135 171 189 18 1.76
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53-4 53 -60 135 No significant results
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45-6 45 -60 135 223 228 5 1.63
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45-2 45 -60 135 47 97 50 3.76
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includes 50 65 15 9.47
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45-1 45 -60 135 No significant results
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41-1 41 -60 135 No significant results
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37-9 37 -60 135 117 140 23 5.84
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200 218 18 6.04
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33-8 33 -60 135 93 114 21 3.46
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33-8 131 150 19 0.93
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A brief description of the results for the diamond drill holes ("DDH") reported in this new release (Figure -1) is as follows:

Diamond drill hole 33-8 is located on Section 33 approximately 40 metres northeast of Section 37. This hole intersected two wide zones of significant gold mineralization. The upper interval returned a weighted average grade of 3.46 g/t over 21 metres and the lower interval returned a weighted average of 0.93 g/t gold over an interval of 19.0 metres. The lower mineralized interval is open and additional sampling will be required to determine the width of this zone. The mineralization in this hole is interpreted to be the northeast extension of the gold mineralization intersected in DDH 37-8 and DDH 37-9. Both mineralized intervals in this hole are open down dip and along strike to the northeast.

Diamond drill hole 37-9 (Figures - 2) is located on Section 37 approximately 50 metres northwest of DDH 37-8. This hole intersected the lower zone of gold mineralization (historical result of 25.6 g/t gold over 15.0 metres) reported in DDH 96-17 and intersected the interpreted down dip extension of the gold mineralization intersected (7.92 g/t gold over an interval of 47.0 metres) in
DDH 37-8. DDH 37-9 has extended this zone of gold mineralization approximately 40 metres down dip. This zone of mineralization is open down dip and possibly along strike to the northwest.

Diamond drill hole 45-2 is located on Section 45 approximately 80 metres southwest of Section 37 and intersected the interpreted extension of the mineralization intersected in DDH 37-5 which returned a weighted average grade of 2.40 g/t over 51.5 metres. The mineralized interval in this hole is open and additional sampling will be required to determine the width of the mineralized zone. Diamond drill hole 45-6 is also located on Section 45 and appears to have intersected a separate zone of gold mineralization.

Diamond drill hole 53-2 is located approximately 80 metres southwest of DDH 53-3. Both drill holes are located on Section 53. This hole intersected a weighted average grade of 1.76 g/t gold over an interval of 18.0 metres and is interpreted to be the extension of the gold mineralization intersected in DDH 45-2 located 80 metres to the northeast on Section 45. The mineralized interval in this hole is open down dip and along strike to the southwest.

Diamond drill holes 45-1 and 41-1 did not intersect gold mineralization.

Diamond drilling (utilizing 2 diamond drills) is continuing on the southwest portion of the Uzboy west zone between section 33 and section 61 (horizontal distance of 280 metres) to test the down dip and strike extensions of the mineralized intervals intersected to date in 2005. The 2005 diamond drilling has extended the gold mineralization on the southeast side of the Uzboy West zone a minimum distance of 160 metres. This zone of gold mineralization has a minimum strike length of 600 metres and is open to the Southwest. The zone of gold mineralization located on the northwest side of the Uzboy West zone is open to the northeast and down dip. 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:

At August 31st, approximately 550,000 tonnes of material have been stacked of which 430,000 tonne with a weighted average grade of 1.73 g/t gold were under test leach. The leaching of the remaining 120,000 tonnes that was stacked on the test heap in August is proposed to commence in early September. Estimated gold precipitation in August was 76,900 grams (2,450 troy ounces). Since the commencement of the test mining and leaching operation in December 2004, approximately 270,000 grams (8,700 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.

Diamond Drilling and Sampling Procedures:

The diamond drilling on the Uzboy West zone was completed using a 76 mm diameter core barrel. Core recovery was estimated to be greater than 97%. After cutting with a diamond saw, one half of the core was 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 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 Project available on CCNMatthews' website at: http://www2.ccnmatthews.com/database/fax/2000/alh908.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 Toll Free: 1-888-290-1335
    or
    Alhambra Resources Ltd.
    Jim Clarke
    Investor Relations
    (403) 228-2855 or Toll Free: 1-888-290-1335