Alhambra Resources Ltd. is engaged in gold exploration and production in the Republic of Kazakhstan. Through subsidiary Saga Creek Gold Corp LLP the Company operates in north central Kazakhstan where it holds the rights to two Licenses which are the subject of an exploration and exploitation Contract between the Company and the Republic of Kazakhstan. The Licenses, collectively covering 2.7 million acres, make up the Uzboy Project and give the Company the right to explore for all metals, including gold, uranium, copper and molybdenum. Within the Uzboy Project the Company’s focus is the Uzboy Gold Deposit, at which commercial open pit mining operations commenced in 2006.
Alhambra Resources Ltd. Year 2010 Financial and Operational Results (news release)
John Komarnicki on Company Execs Online, February 28th, 2011