🕐23.03.12 - 14:00 Uhr

ALHAMBRA RESOURCES LTD (ALH - TSX VENTURE) NEWS RELEASE DATED MARCH 23, 2012; MA
IDEN NI 43-101 TECHNICAL REPORT FOR DOMBRALY FILED



Dear Investor,
Please find attached the Alhambra Resources Ltd.

(ALH - TSX Venture) news release which was distributed earlier this morning titled, "Alhambra Announces Maiden NI 43-101 Technical Report for Dombraly Filed".
CALGARY, Alberta - Alhambra Resources Ltd.

(TSX Venture: ALH) ("Alhambra" or the "Corporation"), an international gold explorer and producer, announces that the Corporation has received and SEDAR filed the final technical report (the "Report") related to the initial independent National Instrument ("NI") 43-101 gold resource estimate (the "Estimate") for Alhambras 100% owned Dombraly gold deposit ("Dombraly") (see news release dated February 7, 2012).
Dombraly is one of three advanced exploration project areas Alhambra is exploring within its 9,800 square kilometre ("km2") (2.4 million acre) Uzboy Gold Project located in north central Kazakhstan.


The Report and Estimate were prepared by ACA Howe International UK ("ACA Howe") and Micromine Consulting Services UK ("MCS").

The Report has also been posted on the Corporations website.
HIGHLIGHTS
.

The Report summaries the results of the maiden NI 43-101 Estimate for Dombraly, .

301,000 ounces ("ozs") of Inferred current mineral resources contained in 9.3 million tonnes grading 1.01 grams per tonne gold ("g/t Au") were identified, .

An additional 22,000 ozs of Indicated current mineral resources contained in 0.60 million tonnes grading 1.22 g/t Au were identified.
For more details, please read the attached.


Best regards,
Ihor P.

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







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