Alhambra Resources Ltd. (TSX VENTURE:ALH) ("Alhambra" or the "Corporation"), an
international gold producer and explorer, announces that it has received
approval from the Kazakhstan government Committee of Industry to continue
exporting its 2010 drill samples to the Republic of Kyrgyzstan ("Kyrgyzstan")
for assaying. Kyrgyzstan is directly adjacent to the Republic of Kazakhstan
("Kazakhstan").


Over 11,800 drill samples have been prepared. Assays pending include drill
results from Uzboy, Dombraly, Shirotnaia, North Balusty, Zhanatobe and rock chip
samples from Vasilkovskoe East. The Corporation will continue to release and
announce drill results as assay results become available.


Currently, no laboratories in Kazakhstan have the International Standard
Organization ("ISO") 17025 accreditation for assaying drill samples even though
the Kazakhstan government is advancing the mining industry in Kazakhstan by
encouraging both its local mining expertise to gain international accreditation
and international independent certified laboratories to operate in Kazakhstan.


Alhambra identified the Stewart Assay and Environmental ("Stewart") Laboratories
located in Kyrgyzstan as qualified and ISO 17025 accredited, and in early
September 2010, applied for an export license with the appropriate Kazakhstan
authorities to transport its prepared drill samples to the Stewart laboratories.
In early November 2010, an export license was approval by the state Committee of
Geology (one of many state committees operating within the Kazakhstan Ministry
of Industry and New Technology ("MINT")). As a result of this approval, Alhambra
established a procedure by which it would continue to export drill samples.


Using this same procedure, two subsequent export license applications were
submitted by the Corporation to the appropriate Kazakh government authorities
for the remaining 2010 drill samples. However, new export custom codes and
licensing procedures, introduced in late November 2010 by the MINT, resulted in
approval delay.


On February 10 and 21, 2011, respectively, two Alhambra export license requests
were approved by the Committee of Geology and the Committee of Industry (another
state committee in MINT which previously was not involved in the approval
process). This approval now allows for the continued export of Alhambra's drill
samples to Kyrgyzstan and the Corporation anticipates that this new process will
result in a more timely approval of future samples. 


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 mineral targets, including 5 advanced exploration plays 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 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. 


Elmer B. Stewart, MSc. P. Geol., a technical consultant, is the Corporation's
nominated Qualified Person as defined by National Instrument 43-101, and has
reviewed the technical information contained in this news release. 


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, statements concerning the timely
approval of future export licenses 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,
lack of certainty that future export licenses will be approved on a timely
basis; 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.


Grafico Azioni Isoenergy (TSX:ISO)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Isoenergy
Grafico Azioni Isoenergy (TSX:ISO)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Isoenergy