Alhambra Resources Ltd.
TSX VENTURE : ALH

Alhambra Resources Ltd.

February 20, 2008 13:40 ET

CCM Liquidity Report: Alhambra Resources Ltd. (TSX VENTURE:ALH)

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2008) - Alhambra Resources Ltd. (TSX VENTURE:ALH) -



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CRITERIA 7-May-07 20-Feb-08 RESULTS
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50 DAY AVG. VOLUME 42,900 18,200 -58%
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50 DAY AVG. VALUE $ 61,347.00 $ 22,386.00 -64%
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50 DAY AVG. DAILY TRADES 5 5 0%
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50 DAY AVG. DAILY TRADE VALUE $ 12,269.00 $ 4,477.00 -64%
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In the most recent Fundamental Equity Report dated February 7, 2008, the analyst stated:

"Overall, the third quarter of 2007 appears to be a quarter of turnaround for Alhambra, as it was the first quarter that the Corporation generated positive earning."

"Alhambra has identified 125 significant gold occurrences in the Uzboy Project six of which have been advanced to the diamond drill stage."

"The significant gold discovery at Shirotnaia, approximately three kilometers north of the KazGold mining operations at Aksu and the Dombraly gold deposit, indicates excellent potential for Alhambra to increase its gold resources through exploration of these two areas."

"The most recent independent resource estimate has substantially increased the resource base for the Uzboy gold deposit. Diamond drilling of this deposit is currently underway. After three years of diamond drilling, the limits of the gold mineralization in the West and East zones of the Uzboy deposit have not been found."

In the most recent Technical Research Report dated August 14, 2007, the analyst stated:

"The weekly cycle shifted positive on the June 29th weekly close and remains positive on weekly closes above the 5- week modified moving average at 1.481. We are currently trading within a range between 1.20 and 1.60. I show a weekly resistance at 1.654. A break above 1.654 puts the focus on potential strength to semiannual resistance at 1.834."

Reports on Alhambra Resources can be found at: www.ccmopportunitybase.com/company.asp?company=79

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $40,000.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies; such as share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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