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Alhambra Resources Ltd. (the “Corporation”), including all of its subsidiaries (note 5) (“Alhambra” or the “Group”) is engaged in exploration for and development of mineral properties in Kazakhstan. In addition to its exploration and development activities, Alhambra also produces gold from a pilot project on a portion of its Kazakhstan license, the Uzboy gold deposit, which commenced commercial production on May 1, 2006.
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