("Alhambra" or the "Corporation"), an international gold producer and explorer, announces assay results for eight of 18 diamond drill holes ("DDH") completed at its 100% owned Shirotnaia Gold Project ("Shirotnaia"). Diamond drilling has intersected higher-grade gold mineralization (+1.0 grams per tonne gold ("g/t Au")) over core intervals ranging from 6.4 metres ("m') to 135.6 m (down-hole). These higher-grade intervals define a core gold mineralization zone interpreted to be at least 1,200 m long enveloped by an aureole of lower grade (less than 1.0 g/t) gold mineralization with dimensions of 1,800 m by 750 m which remains open in three directions and at depth. This release includes one of the best drill holes to date on the project which entered strong mineralization from surface and retuned an interval of 135.6 m averaging 1.12 g/t Au.
Shirotnaia 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 (see location map, Figure 1). Shirotnaia is immediately adjacent to the multi-million ounce Aksu and Quartzite Hills gold deposits currently being mined by KazakhGold Group Limited ("KazakhGold").
(Its a bit difficult to understand how< If this were in Ontario or Nevada, there would likely be a rush to own the stock, but maybe the location is off the radar screen until one of the majors decides to move in and make the monster magic happen). To the patient comes the reward. glta