Alpha Gold announces preliminary results

VANCOUVER, Sept. 1, 2011 /CNW/ - Alpha Gold Corp. (TSX Venture: ALQ) (the "Company") announces preliminary results from the 2011 ZTEM airborne survey have successfully delineated property wide north-south trends, folding, stratigraphy and structures that may play significant roles in controls of mineralization on the Lustdust property. Geologists and prospectors are currently ground truthing the survey results as well as taking soil samples in untested areas and sampling formerly unmapped outcrop. Early 2011 field notes include observations that mineralization may be more continuous and its occurrence may be more predictable than previously reported.

Further to the news release of June 1, 2011 announcing Carl Pines appointment as Interim CEO, and as disclosed in the Company's Management Information Circular filed on SEDAR August 4th 2011, the Company confirms it granted Mr. Pines 1,000,000 stock options exercisable at $0.10 per share. The options are valid for a five year period and are subject to vesting.

About Alpha Gold Corporation

Alpha Gold is a mineral exploration company whose 100%-owned, royalty-free, Lustdust Property is advantageously situated with nearby road and rail access in north-central British Columbia. Lustdust consists of 20 contiguous mineral claims covering 9,583 hectares and contains twelve known mineralized areas, of which the copper-gold-silver Canyon Creek Skarn Deposit has a NI 43-101 compliant resource. Alpha Gold Corporation has approximately 47.2 million shares issued and outstanding, 62.0 million fully diluted. Shares are listed on the TSX Venture Exchange under the symbol "ALQ".
- Carl Pines, Interim-CEO, Director, on behalf of Alpha Gold Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Should you wish to receive Company news via email, please contact stephanie@chfir.com and specify "Alpha Gold News" in the subject line.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgement as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement. 

SOURCE Alpha Gold Corp.

For further information:

please visit www.alphagold.bc.ca or contact:

CHF Investor Relations
Cathy Hume, CEO
T: 416-868-1079 x231
E: cathy@chfir.com

Profil de l'entreprise

Alpha Gold Corp.

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