TSX-V: ALR STRATEGIC LOCATION IN AN EMERGING COPPER-GOLD
PORPHYRY DISTRICT May 2012
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This document contains forward-looking statements under
Canadian securities legislation. Forward-looking statements
include, but are not limited to, statements with respect to the
development potential and timetable of the Rosita project; the
timing and amount of estimated future development and exploration;
costs of future activities; capital and operating expenditures;
success of exploration activities; government regulation of mining
operations; and environmental risks. Generally, forward-looking
statements can be identified by the use of forward-looking
terminology such as plans, expects or does not expect, is expected,
budget, scheduled, estimates, forecasts, intends, anticipates or
does not anticipate, or believes, or variations of such words and
phrases or statements that certain actions, events or results may,
could, would, might or will be taken, occur or be achieved.
Forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made.
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to risks
related to: timing and availability of external financing on
acceptable terms; unexpected events and delays during construction,
expansion and start-up; variations in ore grade and recovery rates;
receipt and revocation of government approvals; actual results of
exploration and mining activities; changes in project parameters as
plans continue to be refined; future prices of metals; failure of
plant, equipment or processes to operate as anticipated; accidents,
labour disputes and other risks of the mining industry. Although
management of the Company has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. The Company does not undertake to update any
forward-looking statements except in accordance with applicable
securities laws. The technical and scientific information included
herein has been reviewed and approved by Joseph Arengi, M.Sc.,
P.Geo, President and CEO of the Company, and a qualified person
under National Instrument 43-101 of the Canadian Securities
Administrators. Forward Looking Statements 2
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Alder Resources Experienced team with proven track record Right
to acquire 65% interest in 33 km 2 target-rich property with
Copper- Gold-Silver Porphyry/Skarn potential Excellent exploration
upside at Rosita, a past producer Solid initial resource base
3
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The Alder Team - Management Joseph Arengi, M. Sc., P. Geo.
President and CEO 35 years of exploration and operational
experience throughout Canada, Nicaragua, South America and Africa.
Credited with discovering 4 billion pounds of copper and 60 million
ounces of silver in Botswana. John Spurney VP Exploration Over 30
years of diversified technical and managerial experience in mineral
exploration, primarily in Latin America, the Western U.S. and Asia.
Ryan Ptolemy CFO Certified General Accountant and CFA charter
holder. Mr. Ptolemy is currently also CFO of Rodinia Lithium Inc.
and Belo Sun Mining Corp. and was a Toronto investment dealer. Josh
van Deurzen Corporate Secretary Corporate and securities lawyer,
working as a legal consultant to various public and private
companies in the resource-based sector. 4
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The Alder Team - Board of Directors Don Dudek, Chairman For 28
years, Mr. Dudek held various roles with junior and senior
exploration and mining companies. He is currently Senior VP
Exploration for Avion Gold Corp. Rene Bharti, Director Mr. Bharti,
a Queens University Commerce graduate, has held roles in several
public and private companies including those in the resource and
other sectors. Dan Bruno, Director A Chartered Financial Analyst
and MBA graduate, Mr. Bruno has over 15 years of investment
experience. Honourable Pierre Pettigrew, P.C., Director Mr.
Pettigrew is former Minister of Foreign Affairs and currently
Executive Advisor, Deloitte & Touche LLP. He is an advisor and
board member of several publically traded companies. Will Randall,
Director A professional Geologist whose experience includes
management roles in both mineral exploration and production. 5
Nicaragua Largest and safest country in Central America Stable,
supportive and democratically elected government Attractive tax
regime: 3% NSR, 30% Net Profits Tax Long mining history with 3
currently producing gold mines: La Libertad, El Limon Mines
(B2Gold) Bonanza Mine (Hemco) Proactive promotion of mining
investment (www.nicaragua-pdac.org) 7
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Rosita Project - Location 3,356 ha property 120 km to the
Puerto Cabezas seaport 275 km to capital city of Managua 8
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NE Nicaragua an emerging porphyry district 2.3M ozs Au
production 3.0M ozs Au production 108M lbs Cu, 118K ozs Au, 2.4M
ozs Ag resource (May 9, 2012 News Release) B2Gold/Calibre Discovery
NEW PORPHYRY Cu-Au DISTRICT See references in Alder Technical
Report referred to in News Release of January 9, 2012 and filed on
SEDAR. 9
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Rosita Project - History Past producer from two open pits Santa
Rita and R-13 245M lbs Copper 160,000 ounces Gold 2,610,000 ounces
Silver Early mining focused on high grade copper with 2% copper
stockpiled First gold recovery during last 5 years of production
All of the historical mineral resource estimates and production
totals quoted herein are based upon historical data and reports
obtained and prepared by previous operators and consultants
(Arengi, 2003; Hendrickson, 1995; Rivera, 1977; Rosario, 1974;
Sims, 1998) and the quoted mineral resource estimates/mineral
inventory were prepared prior to the introduction of National
Instrument 43-101. These historic resource estimates/mineral
inventory are considered to be relevant to the evaluation of the
Rosita D concession. A Qualified Person has not completed the work
necessary to independently verify the classification of the
historic mineral resource estimates. Alder is not treating the
mineral resource estimates as National Instrument 43-101 compliant
defined resources verified by a Qualified Person. The historical
estimates should not be relied upon. 10
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Rosita Project - Geology and Prospects 11
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Rosita Project - Target-Rich FOCUSED ON THREE MAIN TARGETS:
Stockpiles Mineralization Adjacent to Santa Rita and R-13 Pits
Bambana Porphyry 12
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Santa Rita Stockpiles RC Drill Holes 55 RC holes completed in 6
stockpiles 17 vertical channel samples (See Alder News Release of
March 1, 2012) 13
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Santa Rita Stockpiles Compliant Inferred Resource STOCKPILE
TONNES (10 6 ) Cu (%) Au (g/t) Ag (g/t) CuEq (%) Cu (lb X 10 6 ) Au
(oz) Ag (oz) NORTH 3.330.780.5810.31.25 56.99 62,100 1,100,900
SOUTH 2.200.330.495.10.69 16.16 34,700 360,000 NE
0.550.500.229.60.75 6.06 3,800 168,300 EAST 1.880.710.3012.01.03
29.33 17,900 725,100 TOTALS
7.950.620.469.21.01108.54118,5002,354,300 (See Alder News Release
of May 9, 2012) 14
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Santa Rita Stockpiles Compliant Inferred Resource (See Alder
News Release of May 9, 2012) 15
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Discovery Costs Total Corporate Expenditures = $1,680,000 Total
Exploration Expenditures = $ 900,000 Equates to: Total
Expend.Explor. Expend. Cu/lb$0.02$0.01 Au/oz$14.20$7.60
Ag/oz$0.71$0.38 16
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Tailings Assessment Initial sampling averaged 0.21% Cu, 0.43
g/t Au and 14.9 g/t Ag Grid sampling over 900,000 km 2 Resource
estimate to follow if warranted (See Alder News Release of April
25, 2012) 17
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Santa Rita Cross Section Alder has not yet verified the
historic drill results reported herein and does not intend to use
this information for purposes other than planning and prioritizing
exploration targets. Continuity in host rock Stacked lenses Good
grades and widths 18
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Santa Rita- Longitudinal Section Alder has not yet verified the
historic drill results reported herein and does not intend to use
this information for purposes other than planning and prioritizing
exploration targets. Open 19
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Santa Rita/ R-13 Potential 20
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Bambana - Cu-Au-Ag Porphyry Alder has not yet verified the
historic drill results reported herein and does not intend to use
this information for purposes other than planning and prioritizing
exploration targets. 21
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Bambana Trench 3 IP Signature Line 5 Line 7 22
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Rosita Project - 2012 Exploration Objectives Complete 8,000m of
core drilling by Q4 IP Geophysical Survey in Q1 and Q2 Initial
Resource for stockpile and tailings material Q2 Preliminary
Metallurgical Study of stockpiles in Q2 23
Summary Aggressive exploration program underway on high quality
targets Solid resource base Highly experienced team with Central
America focus Significant Porphyry discovery by B2Gold/Calibre 8 km
from Rosita 25