Alhambra Resources Ltd.
TSX VENTURE : ALH

Alhambra Resources Ltd.

March 18, 2008 12:57 ET

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

TORONTO, ONTARIO--(Marketwire - March 18, 2008) - Alhambra Resources Ltd. (TSX VENTURE:ALH)



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CRITERIA 14-Mar-08
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MKT CAP (millions) $ 94.5
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50 DAY AVG. VOLUME 19,200
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50 DAY AVG. VALUE $ 23,808.00
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50 DAY AVG. DAILY TRADES 6
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50 DAY AVG. DAILY TRADE VALUE $ 3,968.00
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% OF FLOAT TRADED 0.02%
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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 March 3, 2008 the analyst stated:

"The weekly cycle remains negative on weekly closes under the 5- week modified moving average at 1.197, which keeps the pressure on chart support in the 1.000 area. Weakness through this key level would provide us with a major warning. I see no levels of support under 1.000. Monthly support is at 1.087 with annual resistance at 1.508."

The Liquidity Report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/ALH_Liquidity%20Report_March182008.pdf.

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 this press release.

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