Dear Investor,
Please find attached the Alhambra Resources Ltd.

(ALH - TSX Venture) news release which was distributed after markets closed today titled, "KGK Drilling at North Balusty Discovers Gold Mineralized Corridors".
CALGARY, Alberta - Alhambra Resources Ltd.

(TSX Venture: ALH) ("Alhambra" or the "Corporation"), an international gold producer and explorer, announces that a hydro-core lift ("KGK") drilling program completed in 2010 at its 100% owned North Balusty project area ("North Balusty") has led to the discovery of gold mineralized corridors.
HIGHLIGHTS
.

Drilling has discovered gold mineralized corridors with an indicated length of 1,600 metres ("m"), .

Gold grades range from 0.13 to 10.91 grams per tonne gold ("g/t Au"), .

The mineralized corridors range in widths from 440 to 520 m with individual mineralized zones ranging in thickness from 2 to 8 m, .

An expanded second phase of reverse circulation ("RC") drilling is planned with the objective of determining the exact shape of the mineralization and its continuation to depth.
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