Stick a dirty great big flat head screwdriver on the cam chain housing and put the tip of the handle to your ear ..... if its the cam chain making the noise you'll hear it for sure by doing this...... Same principle as a stethoscope but an easy/free DIY
If the sound is coming from the alternator area then its unlikely to be the chain..... Could be the alternator itself, the AC pump, water pump, alternator pulley, any of the idler/tensioners for the belts etc.