Alhambra Resources Ltd.: Exploration Updates-Shirotnaia

Alhambra Resources Ltd. (TSX VENTURE:ALH) (FRANKFURT:A4Y)("Alhambra" or the
"Corporation") is pleased to provide additional exploration updates at
Alhambra's 100% owned Shirotnaia Zone ("Shirotnaia"). Shirotnaia is one of
Alhambra's 2010 advanced drilling targets within the Corporation's 100% owned,
2.7 million acre, Uzboy Project located in north central Kazakhstan (see
location map, Figure 1). The Shirotnaia gold discovery is located approximately
3 kilometres ("kms") northeast of the KazakhGold Group Limited ("KazakhGold")
mining allotment which hosts the Aksu and Quartzite Hills gold deposits having
reported resources of approximately 15 million ounces(1).


In 2007, Alhambra announced a gold discovery at Shirotnaia due to a successful
diamond drilling program whereby 17 of 18 holes drilled intersected significant
intervals of gold mineralization. In 2008, a bedrock geochemical sampling
program resulted in the discovery of three new gold anomalies located
approximately 6 kms east of the Shirotnaia gold discovery announced by Alhambra
in 2007 and northeast of the Aksu and Quartzite Hills gold deposits. This
bedrock sampling program supported Alhambra's interpretation that Shirotnaia has
the potential to become a very significant gold bearing area.


In February, 2010, the balance of the samples from rotary air-blast ("RAB")
drilling samples taken in 2008 was analyzed and the results have been
subsequently interpreted. A map of the gold anomaly in soil and saprolite has
been drawn using a contour line of 0.1 grams per tonne ("g/t") gold (see Figure
2). A reinterpretation of all analytical data related to the central part of
Shirotnaia confirmed the presence of a greater than 0.1 g/t gold anomaly that
measures 4,200 m long by 900 m wide. The shape of the north-eastern portion of
this anomaly suggests that the anomaly continues plunging to the north-east.
Also, two areas of sporadic gold anomalies occur south-westward and eastward of
the central anomaly. These anomalies could be interpreted as areas where gold
mineralization occurs at depth below the depth of the RAB drilling.


In the central part of Shirotnaia, an area that measures 1,700 m long by 750 m
wide, the re-interpretation of the data has outlined the presence of numerous
zones with gold values greater than 0.5 g/t (see Figure 3).


The 2010 exploration program at Shirotnaia (see Figure 3) is to continue core
and non-core drilling to the south and northeast of the central part of the
anomaly where KGK drilling in 2006 established significant intervals of gold
mineralization. The first phase of drilling includes 26 holes for approximately
3,900 m. Assuming positive results, a second phase of core and non-core infill
drilling totaling approximately 3,500 m is planned.


A full project description for the Shirotnaia Zone including geological setting,
history and drilling results will be made available via the Corporation's
website under the tab "Uzboy Project - Project Summaries".


RAB Drilling and Sampling Procedures:

An RAB drilling was utilized to complete the bedrock geochemical sampling
program. Vertical 4 m deep RAB holes were drilled on profiles spaced 250 - 500
metres ("m") apart and the distance between holes was 25 - 50 m along the line.
The interval from 2 to 4 m in each hole was collected for sampling and analysis.


The RAB holes have a 7.6 centimeter diameter. The cuttings from the interval
sampled in each hole were mechanically split into four samples. The samples
selected for analysis are placed in a cloth bag and weighed at the drill site.
The weight of the samples ranged between 5 and 7 kilograms. Based on sample
weight, the recovery from the holes is estimated to be almost 100%.


(1) As per KazakhGold's Annual Report & Accounts for the period January 1 to
December 31, 2006


Sample preparation was completed by Chemical and Analytical Laboratory Quartz
LLP located in Stepnogorsk using the following procedure: samples were
pulverized in a jaw crusher to minus 1 mm, 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
LLP is independent of Alhambra, is certified in the Republic of Kazakhstan and
does not have an International Standard Organization ("ISO") rating.


Quality Control

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 analysis. 


Elmer B. Stewart, MSc. P. Geol., a technical consultant, is the Corporation's
nominated Qualified Person and has reviewed and verified the technical
information contained in this news release.


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.


Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
These statements relate to analyses and other information that are based on
forecasts of future results, estimates of amounts not yet determinable and
assumptions of management. In particular, statements concerning the anticipated
exploration drilling program and other factors and events described in this news
release should be viewed as forward-looking statements to the extent that they
involve estimates thereof. Any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans, "estimates" or "intends", or
stating that certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved) are not statements of historical fact
and should be viewed as "forward-looking statements". Such forward looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the
Corporation to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such risks
and other factors include, among others, costs and timing of exploration,
availability of capital to fund exploration; political, social and other risks
inherent in carrying on business in a foreign jurisdiction, the effects of a
recessionary economy and such other business risks as discussed herein and other
publicly filed disclosure documents. Although the Corporation has attempted to
identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that such statements will prove
to be accurate as actual results and future events could vary or differ
materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements contained in this
news release.


Forward looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Corporation undertakes no
obligation to update forward-looking statements and if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law.


This news release contains forward-looking statements based on assumptions,
uncertainties and management's best estimates of future events. When used
herein, words such as "intended" and similar expressions are intended to
identify forward-looking statements. Forward-looking statements are based on
assumptions by and information available to the Corporation. Investors are
cautioned that such forward-looking statements involve risks and uncertainties.
Actual results may differ materially from those currently anticipated. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


To view the accompanying Figures, please visit the following link:
http://media3.marketwire.com/docs/alhfig414.pdf
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