Alpha Gold announces results from successful 2009 drill campaign on Lustdust

COQUITLAM, BC, Feb. 2 /CNW/ - Alpha Gold Corporation (TSX-V: ALQ) ("Alpha Gold" or the "Company") today reported its summary on the completed 2009 exploration activities on its 100% owned Lustdust Property situated in the Omineca Mining Division approximately 150 km north-northeast of Fort St. James, BC.

"The program was very successful," summed up Alpha Gold's CEO, Richard Whatley, MEng, PEng, "Analysis of the results confirms that, most importantly, the Canyon Creek Skarn Zone (CCS) mineralization is present with continuity throughout its length and it extends to depth, down dip. Not to be overlooked is the conclusion that mineralization of the CCS Zone has been confirmed by both the new downhole survey data and its consistency with recent years' drilling. The CCS Zone remains open to the north and to the south."

Within the Lustdust claims several mineralized corridors have been identified over the years: the Number 1 zone, a structurally controlled high sulphide vein system; the Number 3 and 4B zones, carbonate-hosted manto deposits; and the Canyon Creek Cu-Au Skarn Zone. The CCS Zone has been the main priority for its potential to develop a resource and therefore was the focus of the 2009 drilling.

2009 Diamond Drilling Campaign

The 2009 program was designed and executed to continue the drilling in the Canyon Creek Skarn Zone in order to meet the requirements for a National Instrument 43-101 compliant report which will be prepared by GeoSim Services Inc. Recommendations from them were, in part, the foundation of the 2009 drilling agenda for infill, step-out, and re-drilling holes.

Seventeen holes, totaling 6,365 metres were drilled. Three holes were re-drills (LD-2009-01 to LD-2009-03) of pre-2002 drillholes to establish downhole survey data where no downhole surveys were taken; three holes were step-out holes (LD-2009-12, LD-2009-16 and -17) establishing continuity and possible extension at depth; and eleven holes were infill holes (LD-2009-04 to LD-2009-11, LD-2009-13, -14, -15) designed to better understand and interpret the stratigraphy and corridors of mineralization.

    
    Significant assay results from the 2009 drilling campaign
    ---------------------------------------------------------

    -------------------------------------------------------------------------
                            Total     From     To    Interval    Au      Cu
    Drillhole No.         Depth (m)    (m)     (m)      (m)     (g/t)    (%)
    -------------------------------------------------------------------------
    LD-2009-01                 371      80    93.41    13.41            0.39
    Re-drill for data   -----------------------------------------------------
                                       353    360.2      7.2            0.77
                        -----------------------------------------------------
                         including     353      359        6    1.144
    -------------------------------------------------------------------------
    LD-2009-02                 570     182      190        8            0.85
    Re-drill for data   -----------------------------------------------------
                                       447      498       51            0.42
                        -----------------------------------------------------
                         including     478      492       14    0.761   1.04
    -------------------------------------------------------------------------
    LD-2009-03                 131             No significant assays
    Re-drill for data
    -------------------------------------------------------------------------
    LD-2009-04                 429             No significant assays
    In-fill on CCS
    -------------------------------------------------------------------------
    LD-2009-05                 312      98      106        8            0.44
    In-fill on CCS      -----------------------------------------------------
                         including      98      102        4     1.32
                        -----------------------------------------------------
                                       132      144       12    0.455
    -------------------------------------------------------------------------
    LD-2009-06                 450     241      263       22            1.00
    In-fill on CCS      -----------------------------------------------------
                         including     253      261        8     1.81   1.05
    -------------------------------------------------------------------------
    LD-2009-07                 249     168      186       18     1.03   1.50
    In-fill on CCS
    -------------------------------------------------------------------------
    LD-2009-08                 240     173      193       20            0.41
    In-fill on CCS      -----------------------------------------------------
                         including     175      179        4     1.07    1.4
    -------------------------------------------------------------------------
    LD-2009-09                 294     229   240.91    11.91            0.20
    Test to depth
    -------------------------------------------------------------------------
    LD-2009-10                 393     166      184       18            0.46
    Test to join CCS    -----------------------------------------------------
     to 4B               including     178      184        6    0.490
                        -----------------------------------------------------
                                       195      199        4    0.850   0.43
    -------------------------------------------------------------------------
    LD-2009-11
    Test to join CCS to 4B     323             No significant assays
    -------------------------------------------------------------------------
    LD-2009-12                 525     110      119        9            1.40
    Test to depth       -----------------------------------------------------
                         including     110      118        8     2.11
    -------------------------------------------------------------------------
    LD-2009-13                 354     149      164       15    0.692   0.81
    N of CCS
    -------------------------------------------------------------------------
    LD-2009-14                 254     118      150       32            0.78
    N of CCS 	         -----------------------------------------------------
                         including     140      150       10    0.876   2.37
    -------------------------------------------------------------------------
    LD-2009-15                 468     335      341        6    0.412   0.35
    -------------------------------------------------------------------------
    LD-2009-16                 525     370      392       22            0.21
    New skarn to depth  -----------------------------------------------------
                         including     380      386        6            0.62
    -------------------------------------------------------------------------
    LD-2009-17                 477     383      421       38            0.37
    New skarn to depth  -----------------------------------------------------
                         including     383      387        4    3.071   2.19
                        -----------------------------------------------------
                                       443      469       26            0.45
                        -----------------------------------------------------
                         including     443      449        6     2.62   1.54
                        -----------------------------------------------------
                                       461      469        8    0.307
    -------------------------------------------------------------------------
    

Alpha Gold's management is very encouraged by these results and is now preparing the 2010 exploration program.

Resource Estimate and National Instrument 43-101 Report

Ron Simpson of GeoSim Services Inc. has been contracted to complete a NI 43-101 compliant resource estimate and report on the project. The NI 43-101 report is expected to be completed in April/May 2010.

QA/QC

Samples from LD-2009-01 to LD-2009-17 were analyzed by ALS Chemex Laboratory in Vancouver employing the Group Au-AA23 methodology. Analytical procedures consisted of a 31-element ICP analysis followed by assay for any copper ICP analyses greater than 10,000 ppm. Quality control consisted of inserting standards, blanks, and duplicates into the sample stream. As well, the Company has submitted approximately 5% of historical samples, taken from within the CCS zone, for testing at another laboratory other than ALS Chemex as re-checks.

Real time GPS data collection was completed across the board in this campaign for all historical and current drill collar locations within the CCS Zone. It is believed that the GPS and assay data resulting from 2009's drilling, when combined with the existing catalogue, will be sufficient to support a stand-alone NI 43-101 compliant resource estimate on the CCS.

Richard Whatley, MEng, PEng, acted as the Company's Qualified Person as defined by National Instrument 43-101 during the drilling program and has reviewed and approved the contents of this news release.

About Alpha Gold Corporation

Alpha Gold is a mineral exploration company whose 100%-owned Lustdust Property is advantageously situated with nearby road and rail access in central British Columbia. Lustdust consists of 17 contiguous mineral claims covering 8,560 hectares and contains ten(10) known mineralized zones, including: the gold-copper-silver Canyon Creek Skarn(1) and North Skarn(2) (heretofore called the Skarn Extension); Porphyry Molybdenum(3) zone; the Number 3(4), 4B(5), East(6) and GD(7) zones of base and precious metal rich sulphide manto; the Bralorne Takla Mercury Mine(8); the exploratory tunnels of the Takla Silver Mine(9) (BCMINFILE 093N009), a developed prospect that contains high grade gold-silver veins; and Carlin-style mineralization in the Valley(10) zone. Alpha Gold Corporation has approximately 36.9 million shares issued and outstanding, 38.6 million fully diluted. Shares are listed on the TSX Venture Exchange under the symbol "ALQ".

Should you wish to receive Company news via email, please contact holly@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.

%SEDAR: 00005818E

SOURCE ALQ Gold Corp.

For further information: 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; or Christopher Haldane, Account Manager, T: (416) 868-1079 x237, E: chris@chfir.com

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