Alhambra Resources Limited (CVE:ALH) Participating in The 2011 PDAC International Convention, Toronto, Canada

Alberta, Mar 4, 2011 AEST (ABN Newswire) - Alhambra Resources Ltd. (CVE:ALH) (PINK:AHBRF)("Alhambra" or the "Corporation") will be participating in the Prospectors and Developers Association of Canada ("PDAC") 2011 International Convention and trade show being held in Toronto, Ontario, Canada from March 6th to 9th at the Metro Toronto Convention Centre, South Building, Booth No. 2502. The Corporation will also be meeting with institutional and retail investors.

Mr. John J. Komarnicki, Chairman and Chief Executive Officer, Mr. Ihor P. Wasylkiw, Vice President and Chief Information Officer and Mr. Robert M. Rowell, Investor Relations will be in attendance.

The Corporation invites you to review the presentation which will be made to investors. Please refer to the link at the bottom of release or visit the Corporation's website at www.alhambraresources.com and from the home page click on "Current Presentations" to download a copy.

For more information on Alhambra Resources Ltd, please visit:
http://www.alhambraresources.com/

For more information on PDAC International Convention, please visit:
http://www.pdac.ca

ABOUT ALHAMBRA

Alhambra is a Canadian based international exploration and gold production corporation celebrating its eighth year of operations in the Republic of Kazakhstan. Alhambra holds exploration and exploitation rights to a 2.7 million acre (11,000 km2), 100% owned, license called the Uzboy Project, located in the Northern Kazakhstan Metallogenic Province which hosts numerous world-class gold deposits. Over 100 gold targets, including five advanced exploration plays are contained within the Uzboy Project.

A Preliminary Economic Assessment ("PEA") was completed in late 2009 on one of Alhambra's project areas called the Uzboy gold deposit. A Canadian securities' compliant National Instrument ("NI") 43-101 resource estimate has also been calculated for this project. In 2011, the NI 43-101 resource estimate and PEA will be updated, and two additional new NI 43-101 compliant resource reports will be completed. Alhambra is currently producing gold and has 11 years remaining of a 25 year license which is renewable for an additional 20 years and allows the Corporation to explore for all metals including gold, base metals, uranium and molybdenum.

Alhambra common shares trade in Canada on The TSX Venture Exchange under the symbol ALH, in the United States on the Over-The-Counter Pink Sheets Market under the symbol AHBRF and in Germany on the Frankfurt Open Market under the symbol A4Y. The Corporation's website can be accessed at www.alhambraresources.com.

http://www.abnnewswire.net/media/en/docs/66367-ALH-presentation-January-2011.pdf

Contact

Ihor P. Wasylkiw VP & Chief Information Officer Tel:+1-403-508-4953 John J. Komarnick Chairman & CEO Tel: +1-403-228-2855 http://www.alhambraresources.com