2011 Drill Program Update:Alhambra has been extremely busy so far this year on the drilling front, with a very aggressive delineation program already completed at Shirotnaia, and another now underway at Dombraly; in advance of completing (by year-end 2011) critical first-time NI 43-101 reports.
Dombraly:
2010
15 diamond core holes (3,788 meters) 4 new zones; mineralized strike incr. 300m N & 100m S, 40.5 g/t peak Au
37 RC holes (883 meters) Proved backfill & stockpile
192 RAB holes (3,840 meters) Results yet to be released
2011
Approximately 6,400 meters (diamond core and RC holes) Began in July and currently underway
Shirotnaia:
2010
9 diamond core holes (1,141 meters) 2 new zones; 4.32 g/t/36 m, strike length increased by > ½ km N
43 RC holes (2,250 meters) 79% holes intersected Au; strike length increased by > 550 m
2011
45 diamond core holes (approximately 5,800 meters) Started core drilling in May and completed in July.
33 RC holes (approximately 1,300 meters) Started core drilling in May and completed in July.
During 2011, 45 diamond core holes have been drilled against 9 diamond core holes in 2010.