Alpha Gold provides corporate update

    COQUITLAM, BC, Jan. 22 /CNW/ - Alpha Gold Corp. (TSX-V: ALQ) today
reported that Richard Whatley has been named Interim CEO, following the
passing of George A. Whatley, on December 16th. Richard Whatley, M.Sc., has
served as a director of Alpha Gold since 1989. A graduate of the University of
British Columbia, Richard earned degrees in both chemical engineering and
biomedical engineering. He has worked as a professional consulting engineer
and is experienced in the environmental aspects of mining. Interim CFO is
Natalie Whatley, who has managed the accounting for the Company for many years
    The Company's near term objectives are to finalize the third quarter
interim reports, pursue the completion of the NI 43-101 technical report on
the Canyon Creek Skarn, and prepare for exploration after the spring thaw at
    Alpha Gold's corporate office will be maintained at 410 Donald Street,
Coquitlam, British Columbia, V3K 3Z8.
    Mr Whatley commented "With almost $3.5 million in working capital, Alpha
Gold is well positioned to carry out additional exploration work in 2009. We
look forward to announcing the current year's program once the Board has had a
chance to receive and review the technical report and recommendations from our
geological advisor. The Board is also reviewing options to add strength to
Alpha's management and technical teams in due course."

    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 Skarn
Extension(2); 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".

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    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 judgment as of the date hereof
based on information currently available. The Company does not assume the
obligation to update any forward-looking statement.

    %SEDAR: 00005818E

For further information:

For further information: Richard Whatley, Interim CEO and Director,
Alpha Gold Corp., T: (604) 939-7943, E:,; Cathy Hume, CEO, CHF Investor Relations, T: (416)
868-1079 x231, E:

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