Deep Core Drilling At Uzboy Confirms The Intersection of Several Zones Of Higher-Grade Gold Mineralization November 9, 2011

CALGARY, Alberta – Alhambra Resources Ltd. (TSX-V: ALH) (“Alhambra” or the “Corporation”), an international gold explorer and producer, announces assay results for seven diamond drill holes (“DDH”) completed southwest of the West Zone of the Uzboy gold deposit (“Uzboy”). The DDH drilling program has extended the zone of gold mineralization in West Uzboy to depth and along strike including the intersection of several zones of higher-grade gold mineralization.

Uzboy is one of three advanced exploration project areas within Alhambra’s 9,800 km² Uzboy Project located in north central Kazakhstan (see location map below).

HIGHLIGHTS

• A down-plunge extension of a higher-grade zone of gold mineralization has been confirmed,
• Gold mineralization has been expanded by 225 metres (“m”) along the dip and 60 m along strike,
• Broad intervals (from 9.0 m to 46.0 m) of gold mineralization were intersected in all seven diamond drill holes,
• The deposit is still open on strike to the southwest and at depth.

The full version of the press release can be found by visiting Alhambra’s official IR website or by downloading the PDF version.