Dear Investor,

Please find attached the Alhambra Resources Ltd. (ALH ? TSX Venture) news release which was distributed earlier today titled, ?Alhambra Announces Financial and Operating Results for Third Quarter ending September 30, 2013?.

CALGARY, Alberta ? Alhambra Resources Ltd. (TSX-V: ALH) (?Alhambra? or the ?Corporation?), an international gold explorer and producer, announces its financial and operating results for the quarter ended September 30, 2013.

HIGHLIGHTS FOR THE QUARTER:

?         Alhambra announced subsequent to the third quarter that the Corporation has entered into a financing agreement with a UK based investment trust for a C$5.0 million convertible note financing

?         Revenue from gold sales amounted to $0.7 million based on the sale of 506 ounces (?ozs?) at an average price of $1,307/oz

?         Cash operating costs were $1,047 per oz of gold sold

?         Kazakhstan mining operations recorded a net loss of $0.7 million ($0.01/share) 

?         The Corporation recorded net cash used in operating activities of $1.1 million ($0.01/share) and a net loss of $1.0 million ($0.01/share)

?         The suspension of mining operations continued in the quarter

?         Stacked 42,630 tonnes (?t?) of stockpiled ore on the heaps at an average grade of 0.43 grams/tonne (?g/t?)

?         Gold sales were realized from the drawdown of recoverable gold inventory from work in progress (?WIP?)

?         The estimated recoverable gold in WIP as of September 30, 2013 was 36,365 ozs

?         No field work was carried out in the quarter due to financial constraints

?         Reported on 800 Shirotnaia core drill assays; the results constituted the best drill intercepts to date from Shirotnaia

?         Assay results on 1,793 drill samples were pending

?         Certain claims from creditors totaling $0.7 million were filed in the courts of Kazakhstan against Saga Creek, the Corporation?s 100% owned operating subsidiary in Kazakhstan, for the collection of outstanding accounts payable. One claim totaling approximately $0.4 million has been settled in full. The remaining $0.3 million owed will be re-directed from Saga Creek?s accounts to settle this outstanding amount.

For more details, please read the attached.

Best regards,

Ihor P. Wasylkiw

VP & Chief Information Officer

Alhambra Resources Ltd.

(bus): 1-403-508-4953

www.alhambraresources.com