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Message: AGORACOM Small Cap TV - March 23rd - Highlights

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s March 23rd, 2012, and we’ve found 1 great press release to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page ... or click on the image below.

Alhambra Announces Maiden NI 43-101 Technical Report for Dombraly Filed

Alhambra Resources Ltd. (TSX VENTURE:ALH) (PINKSHEETS:AHBRF) (FRANKFURT:A4Y) ("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 Alhambra's 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 Corporation's 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.

ABOUT ALHAMBRA

Alhambra is a Canadian based international exploration and gold production corporation and has, in three separate deposits, a total of 1.07 million ozs of NI 43-101 Measured and Indicated resources (26.79 million tonnes grading 1.24 g/t Au) and 1.37 million ozs of Inferred mineral resources (55.15 million tonnes grading 0.77 g/t Au).

Last: 0.39Range: 0.97-0.34Market Cap: 40.6 million

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