COQUITLAM, BC, Aug. 3 /CNW/ - Alpha Gold Corp ("Alpha Gold" or the "Company") announced today that Mary P. Webster has accepted an appointment to the Company's Board of Directors.
With 30 years' experience in mining exploration including project generation and implementation, private and public company management and corporate finance, Ms. Webster is an exceptionally qualified Director. She was the Exploration Manager for the major advanced-stage multi-billion dollar Windy Craggy deposit of northwest British Columbia, the largest copper deposit in the Western World. Ms. Webster served as President of Liberty Mines Inc. (TSX: LBE) from 2001 to 2003, where she relocated the company to Timmins, Ontario, founding its activities as a nickel producer. Her experience managing industrial and mining projects ranges from grassroots to advanced resource developments.
Along with her extensive experience in mining exploration and development, Ms. Webster was a Mining Analyst at a variety of financial organizations including Kingsdale Capital, MineralFields and Max Capital Markets. Ms. Webster has also served as a Director of the Prospector & Developers Association of Canada. She attended courses at the Colorado School of Mines (2006) and received her B.Sc. Geology from McMaster University, Hamilton, Ontario.
Richard Whatley, Alpha Gold's President and Chief Executive Officer, commented, "To have someone of Mary's calibre join Alpha's Board is a ringing endorsement of the potential of the company and a very promising development for Alpha's shareholders. Her experience in mining exploration and the financial industry, along with her enthusiasm for the company, will assist Alpha in garnering new and renewed support from the investment community."
Ms. Webster has been granted 450,000 incentive stock options which are exercisable at $0.10 for a period of five years. Shareholders will be asked to vote their proxies in favour of her nomination, along with the other Directors, at the Annual General Meeting held in Vancouver, British Columbia, on August 26, 2010 at 11:00 a.m. local time.
Alpha Gold's 2010 exploration drill program is underway on its 100%-owned polymetallic Lustdust property, located in north-central B.C., and first assays are pending.
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 17 contiguous mineral claims covering 8,560 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 45.8 million shares issued and outstanding, 47.5 million fully diluted. Shares are listed on the TSX Venture Exchange under the symbol "ALQ".
- As per Richard Whatley, MEng, PEng, CEO, President and Director, Alpha Gold Corporation
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.
SOURCE ALQ Gold Corp.
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