COQUITLAM, BC, Jan. 17 /CNW/ - Alpha Gold Corporation (TSX-V: ALQ)
("Alpha Gold" or the "Company") announced today that that President and
CEO, Richard Whatley, has retired from management and the Board of
Directors. The Board has initiated an executive search to fill the role
of CEO and interested candidates should contact the Company at AlphaGoldCEOSearch@gmail.com. Mr. Whatley remains a consultant to the Company providing both
continuity and ongoing support during the period of transition.
Taking up geological and geotechnical responsibilities is Mary P.
Webster, who has been appointed Director of Technical Programs. An
Alpha Gold Director since August 2010, Ms Webster has 30 years'
experience in mining exploration including project generation and
implementation, private and public company management, First Nations
relations and corporate finance, and geological valuation and analysis.
She has extensive experience managing mining projects ranging from
grassroots to advanced resource developments.
Ms. Webster commented, "After visiting the Lustdust property last summer
and reviewing documentation and samples from the many years of
exploration work, I am enthusiastic about the Company's potential. The
2010 exploration program, which predated me, was re-tuned to conserve
funds once I joined the Board. I will now take the time needed for an
in-depth examination of the entire project and anticipate reporting the
2010 results and the plans for exploration going forward in the near
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 47.2 million shares
issued and outstanding, 59.8 million fully diluted. Shares are listed
on the TSX Venture Exchange under the symbol "ALQ".
- On behalf of the Board of Directors, Carl Pines, Director, Alpha Gold Corporation
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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
SOURCE Alpha Gold Corp.
For further information:
CHF Investor Relations
Cathy Hume, CEO
T: 416-868-1079 x231