Dear Investor,
Please find attached the Alhambra Resources Ltd.

(ALH - TSX Venture) news release which was distributed earlier this morning titled, "Zhanatobe Drilling Leads to the Discovery of Two Possible Carlin-style Zones of Gold Mineralization"
CALGARY, Alberta - Alhambra Resources Ltd.

(TSX Venture: ALH) ("Alhambra" or the "Corporation"), an international gold producer and explorer, announces that a rotary air-blast ("RAB") drilling program completed in 2010 at its 100% owned Zhanatobe project area ("Zhanatobe") has resulted in the discovery of two possible "Carlin-style", zones of gold mineralization. Zhanatobe is one of Alhambras 2011 early stage exploration targets within the Corporations 100% owned, 2.4 million acre, Uzboy Project located in north central Kazakhstan (see Figure 1).

Zhanatobe is located approximately 90 kilometres ("kms") southeast of Alhambras Uzboy gold deposit and 40 kms northwest of the City of Stepnogorsk, Alhambras Kazakhstan operating base.
HIGHLIGHTS
.

The RAB drilling program discovered two possible Carlin-style zones of gold mineralization - one in the Central area and the second in the Northern area (see Figure 2), .

The mineralization exhibits many similarities to sediment hosted disseminated style gold mineralization in Nevada ("Carlin-style" gold mineralization) which is completely new for the region, .

The zone of gold mineralization discovered in the Central area is approximately 850 metres ("m") in length and 100 m in width, .

The zone of gold mineralization discovered in the Northern area is approximately 400 m in length and 150 m in width and open on both ends, .

Gold grades range from 0.10 to 1.72 grams per tonne gold ("g/t Au") in the Central zone and from 0.19 to 0.51 g/t Au in the Northern zone, .

As a result of the positive 2010 drilling results, the Corporation has updated and expanded its anticipated 2011 core, RC and RAB drilling program for Zhanatobe to approximately 12,000 m.
John J.

Komarnicki, Alhambras Chairman and Chief Executive Officer stated, "This is a very exciting development at Zhanatobe.

We have discovered two possible Carlin-style zones of gold mineralization, which suggests that we may have located a new very large, prolific area of gold mineralization.

As a result, we anticipate implementing a more aggressive 2011 drilling program including deeper, more precise core drilling, with the objective of reclassifying Zhanatobe from early exploration status to advanced exploration status in 2012."
For more details, please read the attached.


I can be reached at +1 (403) 508-4953 if you have any questions.
Best regards,
Ihor P.

Wasylkiw VP & Chief Information Officer Alhambra Resources Ltd. www.alhambraresources.com