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1
TSX-V: ALR
STRATEGICALLY LOCATED IN AN
EMERGING COPPER-GOLD
PORPHYRY DISTRICT
August 2013
2
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.
2
Forward Looking Statements
33
Investment Highlights
• Option to earn a 65% interest in the high grade copper-gold-silver Rosita
project
• Historic production of 245 million lbs Cu, 160,000 oz Au and 2.6 million oz Ag
from two pits
• Located in the prolific Mining Triangle of northeast Nicaragua, which has a
stable, pro-mining government
• Experienced management team and Board of Directors
– Extensive exploration and community relations experience in Nicaragua
• Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes
containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01%
Cu Eq. grade1)2,3
• Initial 5,500 m drill program has identified a 1.1 km long and 200 m deep Cu-
Au-Ag mineralized zone at the Santa Rita deposit
• Drill highlights include 0.57% Cu, 1.52 g/t Au and 5.93 g/t Ag over 15 m, 29.54
g/t Au over 8 m and 1.42% Cu, 0.18 g/t Au and 20.45 g/t Ag over 10 m
Past producing
Rosita Project in
Nicaragua
Strategic Location
High grade
resource
Significant
exploration upside
Experienced
Management
1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz.
2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR.
3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag
with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
Processing of
stockpiles/tailings
• Advancement of metallurgy and development of the existing stockpiles and
tailings for potential near term cash flow
44
Management and Board of Directors
Joseph Arengi | President and CEO
• 38 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
Ryan Ptolemy | CFO
• Certified General Accountant and CFA charter holder
• Currently CFO of Rodinia Lithium Inc. and Belo Sun Mining
Corp.
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
Don Dudek | Chairman
• Held various roles with junior and senior exploration and mining
companies over the past 28 years
• Currently serves as Senior VP Technical Services for Endeavour
Mining Corp., prior to that he served as Exploration Manager for
Aur Resources Inc.
Rene Bharti | Director
• Has held roles in several public and private companies,
including experience in the mining sector
Dan Bruno | Director
• Over 15 years of investment experience, previously a Managing
Director of a US based Investment Bank and a Director, in the
Investment Banking group at GMP Securities Ltd.
Hon. Pierre Pettigrew | Director
• Former Minister of Foreign Affairs and currently Executive
Advisor, Deloitte Touche LLP
• Current board member of several public companies
Will Randall | Director
• Professional Geologist and currently President and CEO of
Rodinia Lithium Inc.
Keith Stein| Director
• Currently counsel to Heenan Blaikie. Previous to that he was a
senior executive with Magna International Inc. reporting to the
Chairman
55
Share Capital and Share Performance
TSX Venture Symbol ALR
Share Price (July 31, 2013) $0.02
Share Price (52-week range) $0.11- $0.01
Issued and Outstanding 81.5 million
Fully Diluted1 108.9 million
Cash2 $645,117
Market Capitalization (Basic) $1.6 million
Insider/Institutional Holders 25%
1. 7,115,000 options outstanding with a weighted average exercise price
of $0.21 and a weighted average life of 3.04 years. Also, 15,952,019
warrants outstanding with an exercise price of $0.20 expiring on
January 31, 2014 years and 4,367,500 warrants outstanding with an
exercise price of $0.10 expiring on March 21, 2015.
2. As reported on May 28, 2013 in interim financial statements for the
period ending March 31, 2013
Volume(millions)
Price(CAD)
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
$-
$0.02
$0.04
$0.06
$0.08
$0.10
$0.12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Volume Price
66
Rosita Cu-Au-Ag Project
77
Project History & Overview
• Option agreement with Calibre Mining to earn a 65% interest in the Rosita D concession by
making the following payments:
– Project expenditures of C$4.0 million (C$2.5 million already spent)
– Issuance of 1,000,000 shares over a four year period (400,000 shares have been issued)
• Completed an initial 5,900 m drill program centered on the past producing Santa Rita and
R-13 deposits
• Mineralization below the Santa Rita pit is open along strike to the east, west and down dip
• Exploration upside from the Bambana prospect located 4 km northwest of Santa Rita
– 400 m drill program completed
• Concession hosts the historic open-pit Santa Rita copper-gold-silver deposit
– Historic production of 245 million lbs Cu, 160,000 oz Au and 2.61 million oz Ag
– Reported mill recoveries of 60 – 80%
• First gold recovery during the last five years of production
• Mine closed in 1975 due to low copper prices
• Management believes that a substantial amount of Cu-Au-Ag mineralization lies both below
and adjacent to the Santa Rita pit
8
• The Rosita D concession covers 3,356 hectares in the prolific Mining Triangle of northeast Nicaragua,
275 km northeast of the capital city of Managua
• 7 km north of the Primavera prospect (Calibre Mining/B2Gold), where a significant porphyry style Au-Cu
mineralization has been discovered
Project Location
Cobre Panama
605 M tonnes Cu
Cerro Colorado
1,445 M tonnes Cu
• Rated the safest country in Central
America with a long mining history
• Modern infrastructure and easily
accessible
• Stable, supportive and
democratically elected government
supportive of foreign investment
• Supportive mining laws with a
reasonable tax regime: 3% NSR,
30% Net Profits Tax all in
• Three producing gold mines:
– La Libertad and El Limon Mines
(B2Gold)
– Bonanza Mine (Hemco)
Prolific, underexplored mining district with a stable, pro-mining government
9
*See data in NI43-101 Technical Report entitled
“Technical Report on the Copper-Gold-Silver
Porphyry/Skarn Project at the Rosita D Concession dated
January 5, 2012 which is filed on SEDAR.
9
Managua
Puerto
Cabezas
Siuna
2.3M ozs Au production*
Rosita
108M lbs Cu, 118K ozs Au,
2.4M ozs Ag resource
Primavera
B2Gold/Calibre Discovery
261.7M @ 0.78 g/t Au, 0.30% Cu
Forest Reserve
Bonanza
3.0M ozs Au
production*
Alder
Calibre
Calibre-B2Gold
Hemco
Nicaragua – An Emerging Porphyry District
Mining Triangle of Nicaragua has produced over 305 million lbs Cu and 8 million oz Au
1010
Project Geology, Targets and Prospects
Multiple highly prospective targets yet to be drilled
Refer to press release dated Nov 1, 2012
1111
STOCKPILE
TONNES
(Mt)
Cu
(%)
Au
(g/t)
Ag
(g/t)
CuEq
(%)
Cu
(M lbs)
Au
(oz)
Ag
(oz)
NORTH 3.33 0.78 0.58 10.3 1.25 56.99 62,100 1,100,900
SOUTH 2.20 0.33 0.49 5.1 0.69 16.16 34,700 360,000
NE 0.55 0.50 0.22 9.6 0.75 6.06 3,800 168,300
EAST 1.88 0.71 0.30 12.0 1.03 29.33 17,900 725,100
TOTALS 7.95 0.62 0.46 9.2 1.01 108.54 118,500 2,354,300
Notes on Mineral Resource Estimation
1. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR.
2. The mineral resource estimate base case is reported at a 0.15% copper equivalent cut-off grade; this cut-off incorporates consideration of mining and processing cost,
recoveries, commodity prices and selling cost.
3. The mineral resource estimate is reported on an undiluted basis.
4. The mineral resource estimate assumes a long term copper price of US$2.90/lb, a gold price of US$1,200/oz and a silver price of US$24/oz.
5. Rounding as required by NI 43-101 reporting guidelines may result in apparent summation differences between tonnes, grade and contained metal content.
6. Tonnage and grade measurements are in metric units. Contained gold and silver ounces are reported as troy ounces, contained copper pounds as imperial pounds.
7. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by
environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
8. The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred
mineral resources as indicated or measured mineral resources and it is uncertain if further exploration will result in upgrading them to indicated or measured mineral
resources.
Santa Rita Inferred Stockpile Mineral Resource
Robust resource base at low resource discovery cost of $0.01/lb Cu1
1. Based on the inferred copper mineral resource and total exploration expenditures of $900,000
Effective Date: June 22, 2012
1212
Santa Rita Stockpile RC Drilling
Large Broken Rock Stockpiles with existing 43-101 Compliant Inferred Resource
0.54 % Cu, 3.69 g/t Au,
5.2 g/t Ag/10.5m
0.29 % Cu, 0.10 g/t Au,
5.7 g/t Ag/12.0m
1.25 % Cu, 0.47 g/t Au,
11.8 g/t Ag/19.5m
2.21 % Cu, 0.14g/t Au,
15.3 g/t Ag/4.5m
0.54 % Cu, 0.51 g/t Au,
5.1 g/t Ag/10.5m
• Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes containing
108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01% Cu Eq. grade1)2,3
• Stockpiles were created in early 1970’s when copper price was low and the resources
placed at surface were considered low grade, in today’s market they are economic
1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz.
2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR.
3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag
with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
1313
Santa Rita and R-13 Deposits & Targets
Potential to add additional tonnage to an already robust stockpile resource
29.54/8m
0.87Cu, 0.81Au,
7.96Ag/14m
IP Anomaly
Refer to press release dated Nov 1, 2012
6.90/8.0,
1.76/4m
1.42Cu, 0.18Au,
20.45Ag/10m
0.80Cu, 10.45Au,
21.83Ag/3m
0.49Cu, 1.15Au,
4.4Ag/4m
14
Santa Rita Targets
Stockpiles include a NI 43-101 compliant
inferred resource of 8 million tonnes
containing 108.5 million lbs Cu, 118,500
oz Au and 2.4 million oz Ag (1.01% Cu
Eq. grade1)2,3
Stockpile
Stockpile
Stockpile
1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz.
2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR.
3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag
with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
15
Bambana Targets
• Located 4 km northwest of the Santa Rita deposit
• Latest trenching returned 12.1m grading 5.21% Cu, 4.40g/t Au and 144.01 g/t Ag and
6.5m grading 7.48% Cu, 2.36 g/t Au and 316.13g/t Ag
• Calibre Mining completed three drill holes that returned intercepts of up to 50 m grading
0.42% Cu, 7.00 g/t Ag and 11.5 m grading 0.51% Cu, 7.56 g/t Ag and 0.25 g/t Au
El Rastro Gold
Tipispan
T3
Zopilote*
S=79,000T @ 0.97 %Cu
Ox=176,000T @ 0.90 %Cu
Magnetite Hill *
S=344,000T @ 0.55 %Cu
Ox=1,230,000T @ 0.42 %Cu
Santa Rita*
S=1,183,000T @ 0.83 %Cu
West R-13 and R-13*
S=1,200,000T @ 1.42 %CuGold Zone
Rosita Skarn
And Gold
Bambana Porphyry
1616
Bambana Area – T3 Prospect
• Trench returned porphyry-style mineralization that
included 12 m grading 3.32% Cu, 0.22 g/t Au and
37.55 g/t Ag
• Rock-chip sampling at two benches returned two
wide intercepts of 29 m grading 2.09% Cu, 0.19
g/t Au and 14.6 g/t Ag and 29 m grading 1.98%
Cu, 0.14 g/t Au and 14.4 g/t Ag
• 400 m drill program has successfully confirmed the
presence of shallow, high grade, oxide copper and
silver mineralization
• Untested IP chargeability anomaly with porphyry
copper potential
Close proximity to the Santa Rita pit provides future development upside
* Refer to news release dated Jun 13, 2012 and Nov 1, 2012
1.74 Cu %, 0.09 Au g/t,
16.64 Ag g/t / 18.0m
1.23 Cu %, 0.36 Au g/t,
10.63 Ag g/t / 13.0m
T3 Zone – Bench Sample Results
2.09 Cu %, 0.19 Au g/t,
14.6 Ag g/t / 29.0m
1.98 Cu %, 0.14 Au g/t,
14.4 Ag g/t / 29.0m
920
919
1717
Bambana Area – Tipispan Prospect
• Trenching has returned 12.1m grading 5.21% Cu,
4.40g/t Au and 144.01 g/t Ag and 6.5m grading
7.48% Cu, 2.36 g/t Au and 316.13g/t Ag
• Historic drilling returned porphyry-style
mineralization that included 50 m grading 0.42%
Cu and 7.00 g/t Ag and 11.5 m grading 0.51%
Cu, 0.25 g/t Au and 10.41 g/t Ag
• Mineralized zone traced >200 m on surface and
100 m vertical depth
Close proximity to the Santa Rita pit provides future development upside
919
1.23 Cu, 0.36 Au,
10.63 Ag / 13.0m
920
1.74 Cu, 0.09 Au,
16.64 Ag / 18.0m
BB10-02
0.51 Cu, 0.25 Au
7.56 Ag / 11.5m
BB10-01
0.42% Cu
7.00 g/t Ag / 50.0m
T3
BB10-03
Circular Magnetic
Feature
Zopilote*
176,000 tonnes @ 0.90% Cu
(Oxide)
79,000 tonnes @ 0.97% Cu
(Sulphide)
Tipispan
* Refer to news release dated Nov 1, 2012
1818
Bambana Area – Tipispan Prospect
Refer to press release dated Jan 9, 2013
Trench
14
Trench
11
Trench
10
Trench
12
Trench
12
Trench
13
Calibre DDH
7.48 Cu, 2.36 Au,
316.13 Ag, 1.40 Pb,
3.28 Zn/6.5m
2.66 Cu, 0.28 Au,
113.11 Ag, 0.016 Pb,
0.17 Zn/6.0m
5.21 Cu, 4.40, Au, 144.01 Ag,
2.42 Pb, 0.67 Zn/12.1m
0.21 Cu, 3.49 Ag/117.0m
Incl. 0.42 Cu, 7.00 Ag/50.0m
Prospect Pit
6.28 Cu, 0.74 Au,
132.75 Ag/2.8m
1.65 Cu, 0.17 Au,
23.25 Ag/8.3m
0.22 Cu, 0.10 Au,
1.64 Ag/8.3m
0.13 Cu, 0.16 Au, 2.11 Ag/61.9m
Incl. 0.51 Cu, 0.25 Au, 10.41 Ag/11.5m
Calibre DDH
4.46 Cu, 10.84 Au, 97.40 Ag,
0.33 Pb, 3.28 Zn
4.18 Cu, 1.46 Au, 34.50 Ag,
11.15 Pb, 12.62 Zn
1919
Bambana Area – Tipispan Prospect
0.51% Cu, 0.25 g/t Au,
10.41 g/t Ag / 11.5m
0.13% Cu, 0.16 g/t Au,
2.11 g/t Ag / 61.9m
0.42% Cu,
7.00 g/t Ag/50.0m
0.21% Cu,
3.49 g/t Ag/117.0m
Trench 12 Intercept
7.48% Cu, 2.36 g/t Au, 316 g/t Ag,
1.40% Pb and 3.28% Zn/6.5m
BB10-001
BB10-002
(projected 100m north)
Refer to press release dated Jan 9, 2013
2020
Bambana Area – Tipispan Prospect
Supergene
Copper Blanket
Leached Cap
2121
Reasons to Invest
Past producing project with
significant economic
potential
• Previously a high grade, open-pit
mine with historic production of
245 million lbs Cu, 160,000 oz
Au and 2.61 million oz Ag
• Potential for project with
excellent economics at current
copper price levels
• Proximity to emerging and active
mining districts
Robust resource base with
exploration upside
• Stockpiles include a NI 43-101
compliant inferred resource of 8
million tonnes containing 108.5
million lbs Cu, 118,500 oz Au and
2.4 million oz Ag (1.01% Cu Eq.
grade1)2,3
• Excellent drill and trenching
results illustrate the potential to
establish a significant high grade
resource
Well positioned in a stable
and emerging mining district
with strong management
• Located in the prolific Mining
Triangle of northeast Nicaragua,
host to several significant copper
and gold porphyry deposits
• Stable, pro-mining government
with supportive mining laws and
a reasonable mining tax regime
• Highly experienced management
team with strong Central
American Focus
1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz.
2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR.
3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag
with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
22
TSX-V: ALR
65 Queen Street West, Suite 800
Toronto, ON, M5H 2M5
info@alderresources.ca
Follow us:
Joseph Arengi
President and CEO
(416) 309-4296
jarengi@alderresources.ca
Don Dudek
Chairman
(416) 861-2261
Michael McAllister
Manager, IR
(416) 309-2134
mmcallister@alderresources.ca
2323
Hole ID Area
To Thickness Cu Au Ag
From (m) (m) (m) (%) (g/t) (g/t)
D901 Sta Rita 75 85.9 10.9 0.36 0.15 6.32
" 89 92 3 0.12 1.27 3.57
D906 R-13 213 217 4 0.49 1.15 4.40
D910 Sta Rita 50 115 65 0.20 1.48 (1.00 cut) 2.00
Including 84 92 8 <0.1 6.90 (3.03 cut) <0.1
and 100 115 15 0.57 1.52 5.93
and 106 110 4 1.46 3.22 15.25
D911 R-13 173 179 6 0.05 1.86 3.15
and 262 292 30 0.31 1.10 5.78
including 289 292 3 0.80 10.45 (10.33 cut) 21.83
including 290 291 1 0.48 30.37 (30.00 cut) 11.6
D912 Santa Rita 156 158 2 1.24 1.45 12.25
and 197 201 4 0.03 1.76 0.09
D914 Sta Rita 235 250 15 0.04 15.82 (5.62 cut) 0.23
including 240 248 8 0.04 29.54 (9.38 cut) 0.29
including 241 243 2 0.04 110.69 (30.00 cut) 0.60
D915 Santa Rita 57 63 6 0.36 0.15 3.07
and 96 149 53 0.50 0.08 6.44
including 128 138 10 1.42 0.18 20.45
and 129 133 4 1.94 0.25 30.05
D916 Santa Rita 7 12 5 0.33 0.09 1.14
D917 Santa Rita 0 55 55 0.05 0.31 0.86
including 8 14 6 0.19 1.07 3.62
and 98 105 7 0.32 0.13 4.37
and 165 169 4 0.35 0.55 2.40
D918 Santa Rita 71 85 14 0.87 0.81 7.96
Santa Rita and R-13 Drill Highlights
Excellent drill results illustrate the potential to establish a significant high grade resource
Refer to press release dated May 31, 2011; Nov 1, 2012
2424
Note: 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. See News Release of May 31, 2012 and September 11, 2012
Santa Rita/R-13 Deposit Skarn Cu Mineralization
2.27Cu/ 16.7m0.54Cu/ 24.4m
D916:0.33Cu / 5m
D907 :0.09Cu / 24m
D918: 0.87Cu / 14m
D912 :0.29Cu / 14m
D912: 0.03Cu / 4m
D910: 0.2Cu / 65m
D917: 0.32Cu / 7m
D901: 0.36Cu / 10.9m
D915:1.42Cu / 10m
D903:0.01Cu / 1m
D911:0.9Cu / 6m
D911:0.8Cu / 3m
D911:0.67Cu / 5m
D911:0.05Cu / 6m
D906:0.49Cu / 4m
Santa Rita Pit
R-13 Pit
2525
Note: 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. See News Release of May 31, 2012 and September 11, 2012
Santa Rita/R-13 Deposit Skarn Au/Ag Mineralization
Crosscutting New Gold Zones
D916: 0.09, 1.14 / 5m
D907: 0.15, 0.05 / 24m
D918: 0.81, 7.96 / 14m
D912: 0.51, 2.60 / 14m
D912: 1.76, 0.09 / 4m
D910: 1.48, 2.00 / 65m
D917: 0.13, 4.37 / 7m
D901: 0.15, 6.32 / 10.9m
D903: 0.33, 9.00 / 1m
D915: 0.18, 20.45 / 10m
D911: 0.05, 12.60 / 6m
D911: 10.45, 21.83 / 3m
D911: 0.16, 15.86 / 5m
D911: 1.86, 3.15 / 6m
D906: 1.15, 4.40 / 4m
Santa Rita Pit
R-13 Pit
2626
Bambana Prospect – T3 Zone Bench Sample
3.07% Cu, 0.14 g/t Au and 14.4 g/t Ag over 1 m
* Refer to news release dated Jun 13, 2012 and Nov 1, 2012
2727
Ground Magnetic Survey – 108 km
A number of prospective anomalies warrant follow-up exploration work
2828
Geophysics Compilation
A number of prospective anomalies warrant follow-up exploration work
IP Targets
Santa Rita Pit
R-13 Pit

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Alder Presentation August 2013

  • 1. 1 TSX-V: ALR STRATEGICALLY LOCATED IN AN EMERGING COPPER-GOLD PORPHYRY DISTRICT August 2013
  • 2. 2 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. 2 Forward Looking Statements
  • 3. 33 Investment Highlights • Option to earn a 65% interest in the high grade copper-gold-silver Rosita project • Historic production of 245 million lbs Cu, 160,000 oz Au and 2.6 million oz Ag from two pits • Located in the prolific Mining Triangle of northeast Nicaragua, which has a stable, pro-mining government • Experienced management team and Board of Directors – Extensive exploration and community relations experience in Nicaragua • Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01% Cu Eq. grade1)2,3 • Initial 5,500 m drill program has identified a 1.1 km long and 200 m deep Cu- Au-Ag mineralized zone at the Santa Rita deposit • Drill highlights include 0.57% Cu, 1.52 g/t Au and 5.93 g/t Ag over 15 m, 29.54 g/t Au over 8 m and 1.42% Cu, 0.18 g/t Au and 20.45 g/t Ag over 10 m Past producing Rosita Project in Nicaragua Strategic Location High grade resource Significant exploration upside Experienced Management 1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz. 2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR. 3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag. Processing of stockpiles/tailings • Advancement of metallurgy and development of the existing stockpiles and tailings for potential near term cash flow
  • 4. 44 Management and Board of Directors Joseph Arengi | President and CEO • 38 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 Ryan Ptolemy | CFO • Certified General Accountant and CFA charter holder • Currently CFO of Rodinia Lithium Inc. and Belo Sun Mining Corp. 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 Don Dudek | Chairman • Held various roles with junior and senior exploration and mining companies over the past 28 years • Currently serves as Senior VP Technical Services for Endeavour Mining Corp., prior to that he served as Exploration Manager for Aur Resources Inc. Rene Bharti | Director • Has held roles in several public and private companies, including experience in the mining sector Dan Bruno | Director • Over 15 years of investment experience, previously a Managing Director of a US based Investment Bank and a Director, in the Investment Banking group at GMP Securities Ltd. Hon. Pierre Pettigrew | Director • Former Minister of Foreign Affairs and currently Executive Advisor, Deloitte Touche LLP • Current board member of several public companies Will Randall | Director • Professional Geologist and currently President and CEO of Rodinia Lithium Inc. Keith Stein| Director • Currently counsel to Heenan Blaikie. Previous to that he was a senior executive with Magna International Inc. reporting to the Chairman
  • 5. 55 Share Capital and Share Performance TSX Venture Symbol ALR Share Price (July 31, 2013) $0.02 Share Price (52-week range) $0.11- $0.01 Issued and Outstanding 81.5 million Fully Diluted1 108.9 million Cash2 $645,117 Market Capitalization (Basic) $1.6 million Insider/Institutional Holders 25% 1. 7,115,000 options outstanding with a weighted average exercise price of $0.21 and a weighted average life of 3.04 years. Also, 15,952,019 warrants outstanding with an exercise price of $0.20 expiring on January 31, 2014 years and 4,367,500 warrants outstanding with an exercise price of $0.10 expiring on March 21, 2015. 2. As reported on May 28, 2013 in interim financial statements for the period ending March 31, 2013 Volume(millions) Price(CAD) 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 $- $0.02 $0.04 $0.06 $0.08 $0.10 $0.12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Volume Price
  • 7. 77 Project History & Overview • Option agreement with Calibre Mining to earn a 65% interest in the Rosita D concession by making the following payments: – Project expenditures of C$4.0 million (C$2.5 million already spent) – Issuance of 1,000,000 shares over a four year period (400,000 shares have been issued) • Completed an initial 5,900 m drill program centered on the past producing Santa Rita and R-13 deposits • Mineralization below the Santa Rita pit is open along strike to the east, west and down dip • Exploration upside from the Bambana prospect located 4 km northwest of Santa Rita – 400 m drill program completed • Concession hosts the historic open-pit Santa Rita copper-gold-silver deposit – Historic production of 245 million lbs Cu, 160,000 oz Au and 2.61 million oz Ag – Reported mill recoveries of 60 – 80% • First gold recovery during the last five years of production • Mine closed in 1975 due to low copper prices • Management believes that a substantial amount of Cu-Au-Ag mineralization lies both below and adjacent to the Santa Rita pit
  • 8. 8 • The Rosita D concession covers 3,356 hectares in the prolific Mining Triangle of northeast Nicaragua, 275 km northeast of the capital city of Managua • 7 km north of the Primavera prospect (Calibre Mining/B2Gold), where a significant porphyry style Au-Cu mineralization has been discovered Project Location Cobre Panama 605 M tonnes Cu Cerro Colorado 1,445 M tonnes Cu • Rated the safest country in Central America with a long mining history • Modern infrastructure and easily accessible • Stable, supportive and democratically elected government supportive of foreign investment • Supportive mining laws with a reasonable tax regime: 3% NSR, 30% Net Profits Tax all in • Three producing gold mines: – La Libertad and El Limon Mines (B2Gold) – Bonanza Mine (Hemco) Prolific, underexplored mining district with a stable, pro-mining government
  • 9. 9 *See data in NI43-101 Technical Report entitled “Technical Report on the Copper-Gold-Silver Porphyry/Skarn Project at the Rosita D Concession dated January 5, 2012 which is filed on SEDAR. 9 Managua Puerto Cabezas Siuna 2.3M ozs Au production* Rosita 108M lbs Cu, 118K ozs Au, 2.4M ozs Ag resource Primavera B2Gold/Calibre Discovery 261.7M @ 0.78 g/t Au, 0.30% Cu Forest Reserve Bonanza 3.0M ozs Au production* Alder Calibre Calibre-B2Gold Hemco Nicaragua – An Emerging Porphyry District Mining Triangle of Nicaragua has produced over 305 million lbs Cu and 8 million oz Au
  • 10. 1010 Project Geology, Targets and Prospects Multiple highly prospective targets yet to be drilled Refer to press release dated Nov 1, 2012
  • 11. 1111 STOCKPILE TONNES (Mt) Cu (%) Au (g/t) Ag (g/t) CuEq (%) Cu (M lbs) Au (oz) Ag (oz) NORTH 3.33 0.78 0.58 10.3 1.25 56.99 62,100 1,100,900 SOUTH 2.20 0.33 0.49 5.1 0.69 16.16 34,700 360,000 NE 0.55 0.50 0.22 9.6 0.75 6.06 3,800 168,300 EAST 1.88 0.71 0.30 12.0 1.03 29.33 17,900 725,100 TOTALS 7.95 0.62 0.46 9.2 1.01 108.54 118,500 2,354,300 Notes on Mineral Resource Estimation 1. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR. 2. The mineral resource estimate base case is reported at a 0.15% copper equivalent cut-off grade; this cut-off incorporates consideration of mining and processing cost, recoveries, commodity prices and selling cost. 3. The mineral resource estimate is reported on an undiluted basis. 4. The mineral resource estimate assumes a long term copper price of US$2.90/lb, a gold price of US$1,200/oz and a silver price of US$24/oz. 5. Rounding as required by NI 43-101 reporting guidelines may result in apparent summation differences between tonnes, grade and contained metal content. 6. Tonnage and grade measurements are in metric units. Contained gold and silver ounces are reported as troy ounces, contained copper pounds as imperial pounds. 7. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. 8. The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred mineral resources as indicated or measured mineral resources and it is uncertain if further exploration will result in upgrading them to indicated or measured mineral resources. Santa Rita Inferred Stockpile Mineral Resource Robust resource base at low resource discovery cost of $0.01/lb Cu1 1. Based on the inferred copper mineral resource and total exploration expenditures of $900,000 Effective Date: June 22, 2012
  • 12. 1212 Santa Rita Stockpile RC Drilling Large Broken Rock Stockpiles with existing 43-101 Compliant Inferred Resource 0.54 % Cu, 3.69 g/t Au, 5.2 g/t Ag/10.5m 0.29 % Cu, 0.10 g/t Au, 5.7 g/t Ag/12.0m 1.25 % Cu, 0.47 g/t Au, 11.8 g/t Ag/19.5m 2.21 % Cu, 0.14g/t Au, 15.3 g/t Ag/4.5m 0.54 % Cu, 0.51 g/t Au, 5.1 g/t Ag/10.5m • Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01% Cu Eq. grade1)2,3 • Stockpiles were created in early 1970’s when copper price was low and the resources placed at surface were considered low grade, in today’s market they are economic 1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz. 2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR. 3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
  • 13. 1313 Santa Rita and R-13 Deposits & Targets Potential to add additional tonnage to an already robust stockpile resource 29.54/8m 0.87Cu, 0.81Au, 7.96Ag/14m IP Anomaly Refer to press release dated Nov 1, 2012 6.90/8.0, 1.76/4m 1.42Cu, 0.18Au, 20.45Ag/10m 0.80Cu, 10.45Au, 21.83Ag/3m 0.49Cu, 1.15Au, 4.4Ag/4m
  • 14. 14 Santa Rita Targets Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01% Cu Eq. grade1)2,3 Stockpile Stockpile Stockpile 1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz. 2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR. 3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
  • 15. 15 Bambana Targets • Located 4 km northwest of the Santa Rita deposit • Latest trenching returned 12.1m grading 5.21% Cu, 4.40g/t Au and 144.01 g/t Ag and 6.5m grading 7.48% Cu, 2.36 g/t Au and 316.13g/t Ag • Calibre Mining completed three drill holes that returned intercepts of up to 50 m grading 0.42% Cu, 7.00 g/t Ag and 11.5 m grading 0.51% Cu, 7.56 g/t Ag and 0.25 g/t Au El Rastro Gold Tipispan T3 Zopilote* S=79,000T @ 0.97 %Cu Ox=176,000T @ 0.90 %Cu Magnetite Hill * S=344,000T @ 0.55 %Cu Ox=1,230,000T @ 0.42 %Cu Santa Rita* S=1,183,000T @ 0.83 %Cu West R-13 and R-13* S=1,200,000T @ 1.42 %CuGold Zone Rosita Skarn And Gold Bambana Porphyry
  • 16. 1616 Bambana Area – T3 Prospect • Trench returned porphyry-style mineralization that included 12 m grading 3.32% Cu, 0.22 g/t Au and 37.55 g/t Ag • Rock-chip sampling at two benches returned two wide intercepts of 29 m grading 2.09% Cu, 0.19 g/t Au and 14.6 g/t Ag and 29 m grading 1.98% Cu, 0.14 g/t Au and 14.4 g/t Ag • 400 m drill program has successfully confirmed the presence of shallow, high grade, oxide copper and silver mineralization • Untested IP chargeability anomaly with porphyry copper potential Close proximity to the Santa Rita pit provides future development upside * Refer to news release dated Jun 13, 2012 and Nov 1, 2012 1.74 Cu %, 0.09 Au g/t, 16.64 Ag g/t / 18.0m 1.23 Cu %, 0.36 Au g/t, 10.63 Ag g/t / 13.0m T3 Zone – Bench Sample Results 2.09 Cu %, 0.19 Au g/t, 14.6 Ag g/t / 29.0m 1.98 Cu %, 0.14 Au g/t, 14.4 Ag g/t / 29.0m 920 919
  • 17. 1717 Bambana Area – Tipispan Prospect • Trenching has returned 12.1m grading 5.21% Cu, 4.40g/t Au and 144.01 g/t Ag and 6.5m grading 7.48% Cu, 2.36 g/t Au and 316.13g/t Ag • Historic drilling returned porphyry-style mineralization that included 50 m grading 0.42% Cu and 7.00 g/t Ag and 11.5 m grading 0.51% Cu, 0.25 g/t Au and 10.41 g/t Ag • Mineralized zone traced >200 m on surface and 100 m vertical depth Close proximity to the Santa Rita pit provides future development upside 919 1.23 Cu, 0.36 Au, 10.63 Ag / 13.0m 920 1.74 Cu, 0.09 Au, 16.64 Ag / 18.0m BB10-02 0.51 Cu, 0.25 Au 7.56 Ag / 11.5m BB10-01 0.42% Cu 7.00 g/t Ag / 50.0m T3 BB10-03 Circular Magnetic Feature Zopilote* 176,000 tonnes @ 0.90% Cu (Oxide) 79,000 tonnes @ 0.97% Cu (Sulphide) Tipispan * Refer to news release dated Nov 1, 2012
  • 18. 1818 Bambana Area – Tipispan Prospect Refer to press release dated Jan 9, 2013 Trench 14 Trench 11 Trench 10 Trench 12 Trench 12 Trench 13 Calibre DDH 7.48 Cu, 2.36 Au, 316.13 Ag, 1.40 Pb, 3.28 Zn/6.5m 2.66 Cu, 0.28 Au, 113.11 Ag, 0.016 Pb, 0.17 Zn/6.0m 5.21 Cu, 4.40, Au, 144.01 Ag, 2.42 Pb, 0.67 Zn/12.1m 0.21 Cu, 3.49 Ag/117.0m Incl. 0.42 Cu, 7.00 Ag/50.0m Prospect Pit 6.28 Cu, 0.74 Au, 132.75 Ag/2.8m 1.65 Cu, 0.17 Au, 23.25 Ag/8.3m 0.22 Cu, 0.10 Au, 1.64 Ag/8.3m 0.13 Cu, 0.16 Au, 2.11 Ag/61.9m Incl. 0.51 Cu, 0.25 Au, 10.41 Ag/11.5m Calibre DDH 4.46 Cu, 10.84 Au, 97.40 Ag, 0.33 Pb, 3.28 Zn 4.18 Cu, 1.46 Au, 34.50 Ag, 11.15 Pb, 12.62 Zn
  • 19. 1919 Bambana Area – Tipispan Prospect 0.51% Cu, 0.25 g/t Au, 10.41 g/t Ag / 11.5m 0.13% Cu, 0.16 g/t Au, 2.11 g/t Ag / 61.9m 0.42% Cu, 7.00 g/t Ag/50.0m 0.21% Cu, 3.49 g/t Ag/117.0m Trench 12 Intercept 7.48% Cu, 2.36 g/t Au, 316 g/t Ag, 1.40% Pb and 3.28% Zn/6.5m BB10-001 BB10-002 (projected 100m north) Refer to press release dated Jan 9, 2013
  • 20. 2020 Bambana Area – Tipispan Prospect Supergene Copper Blanket Leached Cap
  • 21. 2121 Reasons to Invest Past producing project with significant economic potential • Previously a high grade, open-pit mine with historic production of 245 million lbs Cu, 160,000 oz Au and 2.61 million oz Ag • Potential for project with excellent economics at current copper price levels • Proximity to emerging and active mining districts Robust resource base with exploration upside • Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01% Cu Eq. grade1)2,3 • Excellent drill and trenching results illustrate the potential to establish a significant high grade resource Well positioned in a stable and emerging mining district with strong management • Located in the prolific Mining Triangle of northeast Nicaragua, host to several significant copper and gold porphyry deposits • Stable, pro-mining government with supportive mining laws and a reasonable mining tax regime • Highly experienced management team with strong Central American Focus 1. Assumes a long term copper price of US$2.90/lb, gold price of US$1,200/oz and silver price of US$24/oz. 2. See Data in NI 43-101 Technical Report entitled “Technical Report on Mineral Resource Estimate of the Rosita Stockpiles” dated June 22, 2012 and filed on SEDAR. 3. As reported in the news release issued by Alder on May 9, 2012, the inferred resource estimate totals 7.95 mt, at an average grade of 0.62% Cu, 0.46 g/t Au and 9.2 g/t Ag with an overall copper equivalent grade of 1.01%. The inferred mineral resource contains 108 million pounds of Cu, 118,500 ounces of Au and 2.35 million ounces of Ag.
  • 22. 22 TSX-V: ALR 65 Queen Street West, Suite 800 Toronto, ON, M5H 2M5 info@alderresources.ca Follow us: Joseph Arengi President and CEO (416) 309-4296 jarengi@alderresources.ca Don Dudek Chairman (416) 861-2261 Michael McAllister Manager, IR (416) 309-2134 mmcallister@alderresources.ca
  • 23. 2323 Hole ID Area To Thickness Cu Au Ag From (m) (m) (m) (%) (g/t) (g/t) D901 Sta Rita 75 85.9 10.9 0.36 0.15 6.32 " 89 92 3 0.12 1.27 3.57 D906 R-13 213 217 4 0.49 1.15 4.40 D910 Sta Rita 50 115 65 0.20 1.48 (1.00 cut) 2.00 Including 84 92 8 <0.1 6.90 (3.03 cut) <0.1 and 100 115 15 0.57 1.52 5.93 and 106 110 4 1.46 3.22 15.25 D911 R-13 173 179 6 0.05 1.86 3.15 and 262 292 30 0.31 1.10 5.78 including 289 292 3 0.80 10.45 (10.33 cut) 21.83 including 290 291 1 0.48 30.37 (30.00 cut) 11.6 D912 Santa Rita 156 158 2 1.24 1.45 12.25 and 197 201 4 0.03 1.76 0.09 D914 Sta Rita 235 250 15 0.04 15.82 (5.62 cut) 0.23 including 240 248 8 0.04 29.54 (9.38 cut) 0.29 including 241 243 2 0.04 110.69 (30.00 cut) 0.60 D915 Santa Rita 57 63 6 0.36 0.15 3.07 and 96 149 53 0.50 0.08 6.44 including 128 138 10 1.42 0.18 20.45 and 129 133 4 1.94 0.25 30.05 D916 Santa Rita 7 12 5 0.33 0.09 1.14 D917 Santa Rita 0 55 55 0.05 0.31 0.86 including 8 14 6 0.19 1.07 3.62 and 98 105 7 0.32 0.13 4.37 and 165 169 4 0.35 0.55 2.40 D918 Santa Rita 71 85 14 0.87 0.81 7.96 Santa Rita and R-13 Drill Highlights Excellent drill results illustrate the potential to establish a significant high grade resource Refer to press release dated May 31, 2011; Nov 1, 2012
  • 24. 2424 Note: 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. See News Release of May 31, 2012 and September 11, 2012 Santa Rita/R-13 Deposit Skarn Cu Mineralization 2.27Cu/ 16.7m0.54Cu/ 24.4m D916:0.33Cu / 5m D907 :0.09Cu / 24m D918: 0.87Cu / 14m D912 :0.29Cu / 14m D912: 0.03Cu / 4m D910: 0.2Cu / 65m D917: 0.32Cu / 7m D901: 0.36Cu / 10.9m D915:1.42Cu / 10m D903:0.01Cu / 1m D911:0.9Cu / 6m D911:0.8Cu / 3m D911:0.67Cu / 5m D911:0.05Cu / 6m D906:0.49Cu / 4m Santa Rita Pit R-13 Pit
  • 25. 2525 Note: 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. See News Release of May 31, 2012 and September 11, 2012 Santa Rita/R-13 Deposit Skarn Au/Ag Mineralization Crosscutting New Gold Zones D916: 0.09, 1.14 / 5m D907: 0.15, 0.05 / 24m D918: 0.81, 7.96 / 14m D912: 0.51, 2.60 / 14m D912: 1.76, 0.09 / 4m D910: 1.48, 2.00 / 65m D917: 0.13, 4.37 / 7m D901: 0.15, 6.32 / 10.9m D903: 0.33, 9.00 / 1m D915: 0.18, 20.45 / 10m D911: 0.05, 12.60 / 6m D911: 10.45, 21.83 / 3m D911: 0.16, 15.86 / 5m D911: 1.86, 3.15 / 6m D906: 1.15, 4.40 / 4m Santa Rita Pit R-13 Pit
  • 26. 2626 Bambana Prospect – T3 Zone Bench Sample 3.07% Cu, 0.14 g/t Au and 14.4 g/t Ag over 1 m * Refer to news release dated Jun 13, 2012 and Nov 1, 2012
  • 27. 2727 Ground Magnetic Survey – 108 km A number of prospective anomalies warrant follow-up exploration work
  • 28. 2828 Geophysics Compilation A number of prospective anomalies warrant follow-up exploration work IP Targets Santa Rita Pit R-13 Pit