ISO Isoenergy Ltd

Alhambra Resources Ltd. (TSX VENTURE:ALH) ("Alhambra" or the "Corporation"), an
international gold explorer and producer, announces that its core drilling
program has extended the strike length of four zones of gold mineralization at
its Uzboy gold deposit ("Uzboy") which the Corporation anticipates should lead
to an increase in gold resources. 


HIGHLIGHTS 



--  A 42 core hole drilling program has been completed of which 35 holes
    have been assayed (see Figure 2), 
--  Broad intervals of low-grade gold mineralization were intersected in 30
    of 35 holes (86% success), 
--  Drilling has successfully extended the strike length of four zones of
    gold mineralization from 50 to 160 m in length (see Figure 3), 
--  The mineralization in these four zones located on the southwest flanks
    of the West and East Uzboy gold deposits is open along strike and down
    dip and demonstrates the potential to expand mineralization size and
    intersect higher grade gold mineralization, 
--  The gold mineralization of the East Uzboy deposit continues in the
    direction of the West Uzboy deposit and could be part of a single large
    gold system, 
--  Collected data will allow Alhambra's independent geological consultants
    ACA Howe to update the National Instrument ("NI") 43-101 resource
    estimate report for Uzboy and, considering the drilling results, an
    increase of its current gold resources is expected.



"We are very excited about the positive Uzboy drilling results," stated John J.
Komarnicki, Alhambra's Chairman and CEO, "We have successfully extended four
zones of gold mineralization and discovered numerous zones of low-grade oxide
mineralization which should translate into a longer mine life. We believe these
discoveries and extensions will lead to an increase in gold resources as well as
an increase in the potential deposit size of the area around the Uzboy gold
deposits." 


DRILLING PROGRAM SUMMARY

An extensive exploration drilling program at Uzboy, which began in 2010 and
continued well into 2011, has now been completed. The objective of this program
was to delineate additional oxide gold mineralization along strike of the West
and East Uzboy gold deposits that are currently being mined and sulphide
resources at deeper levels of both deposits. Both of these objectives were met.


The 2010 drilling program completed consisted of the following:



--  Core drilling - 42 holes totaling 7,563.9 m and 7,883 drill samples. Of
    this total amount: 
    --   27 core holes amounting to 3,238.6 m were completed in 2010, 
    --   10 core holes amounting to 1,669.1 m were completed in the first
        quarter of 2011, 
    --   5 core holes amounting to 2,656.2 m were completed in the second
        quarter of 2011,
--  Hydro-core lift ("KGK") drilling - 127 holes totaling 4182.8 m and 222
    drill samples. 



Partial results of this drill program have been previously press released and
are noted. Assay results for 35 core holes and 127 KGK holes have just been
received and are being presented for the first time.


Core Drilling Results

Assay results for 4,110.9 m of 2010 and 2011 core drilling (35 holes) comprising
4,599 samples have just been received (see Figure 2). The remaining 3,418.2 m of
core drilling (7 holes) comprising 3,284 samples are still waiting to be
exported. All holes intercepted intervals of strongly deformed, altered,
silicified rocks carrying sulphide mineralization.


Of the 7 holes to be assayed, 5 are deep holes totaling 2,838.2 m (ranging in
depth from 520.2 m to 700 m) which were completed to test the steep plunge of
the gold mineralization. Visual inspection and logging of these holes confirmed
the continuation to depth of previously established zones of hydrothermal
alterations, quartz veining and pyrite impregnation. The entire core was sampled
and 2,815 samples have been prepared for export. The remaining 2 holes (being
230 and 350 m in depth) were also drilled targeting sulphide mineralization.


Table 1 summarizes the assay results from the 35 core holes completed in the
area around and below the known limits of the West and East Uzboy gold deposits.
The mineralized intercepts were calculated using a 0.2 grams per tonne gold
("g/t Au") cut-off and a maximum 2 m interval of internal waste. No uppercut was
applied to the assay results. 


West Uzboy Zone:

As previously reported (see News Release dated May 31, 2011), hole P 3321
drilled at the southernmost end of the West Uzboy gold deposit returned several
mineralized intercepts with the most significant being 9 m @ 3.36 g/t Au from
218.2 m and 28.1 m @ 0.96 g/t Au from 250.6 m including 10.0 m @ 1.67 g/t Au
from 250.6 m. This hole extends the southern mineralized zone at the West Uzboy
deposit by more than 50 m along the dip (see Figure 3). The same zone was also
intersected at shallow depth by the recently assayed hole C 3319 that returned
two mineralized intervals, one of which yielded 4.0 m @ 3.66 g/t Au (see Figure
4). This drilling has confirmed the extension of the southern zone which was
minimally explored in the past. The southern end of this zone contains
significant width and grades of gold mineralization and is open at both ends and
at depth.


Diamond drill hole C1101 intersected 1.26 g/t Au over a core interval of 6.0 m
starting at a core depth of 24.2 m. This hole extended this zone of gold
mineralization 160 m to the NE where it was intersected by a previous core hole
(see Figure 3). The mineralization in this zone remains open at depth. To the
NE, the mineralization in this zone is narrower and contains higher grades at
depth.


East Uzboy Zone:

The best mineralized intervals from the recent assay results from this zone were
intersected in the transition and sulphide gold mineralization at the southern
end of the East Uzboy gold deposit. The most encouraging results came from the
area between the two current East Uzboy open pits which had not previously been
explored at depth. Two parallel mineralized zones were established here. One of
the zones was intersected by hole C 4203 (20.2 m @ 1.09 g/t Au) and the second
zone was intersected by hole C 3404 (9.0 m @ 1.39 g/t Au). As a result, the
length of both zones of gold mineralization was extended by 100 to 120 m. The
second zone was also intersected further to the NE by hole P 5831 which
intersected the mineralized interval at the depth of 189 m and assayed 11.0 m @
2.21 g/t Au (see Figure 5). As a result, the strike length of this zone was
increased by more than 50 m along the dip (see Figure 3). The extensions of
these mineralized zones increase the probability for transforming the two
current East Uzboy open pits into one larger pit which would make it technically
and economically more suitable for mining.


An extension of the mineralized zones westward of the East Uzboy open pits was
established by holes C 0401 and C 0101. These holes intersected 12.9 m @ 2.58
g/t Au and 5.0 m @ 1.04 g/t Au respectively and increased the strike length of
these zones by at least 50 m. The gold mineralization is open to the SW and
trends in the direction of the current West Uzboy open pit.


Uzboy Nova:

At Uzboy Nova, located approximately 1.5 kilometres ("kms") NE of the West Uzboy
open pit (see Figure 2), 8 core holes totaling 571 m were drilled. As previously
reported, four zones of oxide gold mineralization and four zones of sulphide
gold mineralization zones were intercepted (see News Release dated May 3, 2011).
Two core holes drilled at the end of 2010 (C 132-01 and C 136-03) intersected
these zones and returned relatively high grade but narrow intercepts. 


It appears that the NE extension of the East Uzboy gold deposit exists but is
represented mostly by low-grade mineralization. The southwestern flanks of both
the East Uzboy gold deposit and the West Uzboy gold deposit contains wider and
higher grade intersections of gold mineralization and suggests considerable
potential to expand the size of these zones significantly. At this time, it is
possible that West Uzboy and East Uzboy actually represent two wings of a
mineralized anticline, the hinge line of which is plunging to the SW. Under this
scenario, both mineralized zones could join southward of the West Uzboy open pit
and Alhambra anticipates that higher grades and wider widths can be expected
there. 


All these drill results have been forwarded to Alhambra's independent geological
consultants ACA Howe to be included in the updated National Instrument ("NI")
43-101 resource estimate report which the Corporation anticipates will be
completed before year-end 2011. Based on these current assays results, Alhambra
anticipates an increase in its current gold resources.


KGK Drilling Results 

Assay results from 127 KGK holes totaling 4,183 m at Uzboy NW, located 2.5 kms
NW from the West Uzboy open pit were received. A magnetic anomaly, similar to
that marking the Uzboy deposit, was tested there. The geological map of the area
based on drilling results showed that it covers a contact between granodiorite
intrusion and volcano-sediment sequence, the same that hosts the gold
mineralization at the Uzboy gold deposits. Several drill holes intersected zones
of hydrothermal alterations (quartz-sericite-chlorite) that indicate the
possible presence of gold mineralization. Three holes returned sporadic samples
that contained gold values ranging from 0.14 to 0.49 g/t. The samples containing
low-grade gold mineralization are randomly distributed and have no obvious
correlation with the geological features that would be considered promising in
terms of gold mineralization. The Corporation is still evaluating if any future
exploration efforts will be conducted in this area.


2011 UZBOY DRILLING PROGRAM 

Based on the drill results received to date, it is anticipated that an
aggressive exploration program will be conducted in the area around the Uzboy
gold deposits to follow-up on the successful 2010 drilling program. This
includes drilling to further delineate additional oxide and sulphide gold
mineralization along strike and depth. More core drilling is planned at the NE
and SW flanks of East Uzboy as well as at the SW flank of West Uzboy. Final
details such as exact hole positions and their depths will be determined when
the assays from the remaining 7 holes are received. 


DRILLING AND SAMPLING PROCEDURES 

For the core drilling, an NQ diamond drilling core barrel was utilized and
average core recovery was 100%. The core was split by the independent drilling
contractor under the supervision of the Corporation's geologists with one half
used for sampling and another half left for references. Every meter of core was
sampled and the exact borders of the sampling interval were determined according
to the lithological contacts. The average sample weight was 2 kilograms.


Sample preparation was completed by Stewart Assay and Environmental Laboratories
located in Kyrgyzstan using the following procedure: samples were crushed to
minus 2 mm, mixed and split into two 200 gram sub-samples. One sub-sample was
pulverized to - 200 mesh and the other sub-sample was retained for reference
purposes. A 30 gram sample of the -200 mesh material was used for fire assay
atomic absorption finish. Stewart Assay and Environmental Laboratories is
independent of Alhambra and does have an International Standard Organization
("ISO") 17025 accreditation.


QUALITY ASSSURANCE QUALITY CONTROL 

The Kyrgyzstan Stewart Assay and Environmental Laboratories, as a part of
Stewart Group, have stringent quality assurance and quality control ("QA/QC")
procedures. Alhambra also follows a rigorous QA/QC program consisting of
inserting standards, blanks and duplicates into the sample stream submitted to
the laboratory for analysis to ensure that the sampling and analysis of all
samples is conducted in accordance with the best possible practices.


Elmer B. Stewart, MSc. P. Geol., a technical consultant, is the Corporation's
nominated Qualified Person. Mr. Stewart has reviewed but has not confirmed the
technical information contained in this news release. 


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 2.4 million
acre (9,800 km(2)), 100% owned, license called the Uzboy Project, located in the
Northern Kazakhstan Metallogenic Province which hosts numerous world-class gold
deposits. Over 100 mineral targets, including three advanced exploration areas,
are contained within the Uzboy Project.


Alhambra common shares trade in Canada on The TSX Venture Exchange under the
symbol ALH, in the United States on the Over-The-Counter 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. 


Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
These statements relate to analyses and other information that are based on
forecasts of future results, estimates of amounts not yet determinable and
assumptions of management. In particular, availability of capital to fund the
anticipated 2011 exploration program, an expected increase in resources due to
announced drill results and other factors and events described in this news
release should be viewed as forward-looking statements to the extent that they
involve estimates thereof. Any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans, "estimates" or "intends", or
stating that certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved) are not statements of historical fact
and should be viewed as "forward-looking statements". Such forward looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the
Corporation to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such risks
and other factors include, among others, availability of capital to fund
exploration projects; political, social and other risks inherent in carrying on
business in a foreign jurisdiction and such other business risks as discussed
herein and other publicly filed disclosure documents. Although the Corporation
has attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results not
to be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future events could
vary or differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements contained in this news release. 


Forward looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Corporation undertakes no
obligation to update forward-looking statements and if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law. 


This news release contains forward-looking statements based on assumptions,
uncertainties and management's best estimates of future events. When used
herein, words such as "intended" and similar expressions are intended to
identify forward-looking statements. Forward-looking statements are based on
assumptions by and information available to the Corporation. Investors are
cautioned that such forward-looking statements involve risks and uncertainties.
Actual results may differ materially from those currently anticipated. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


To view Table 1 and Figures 1-5, please visit the following link:
http://media3.marketwire.com/docs/810alh_image.pdf

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