Alder Presentation November 2013

1. TSX-V: ALR
STRATEGICALLY LOCATED IN AN
EMERGING COPPER-GOLD
PORPHYRY DISTRICT
November 2013
1

2. Forward Looking Statements
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

3. Investment Highlights
Past producing
Rosita Project in
Nicaragua
Strategic Location
High grade
resource
• 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
• 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
Processing of
stockpiles/tailings
• Advancement of metallurgy and development of the existing stockpiles and
tailings for potential near term cash flow
Significant
exploration upside
• Initial 5,500 m drill program has identified a 1.1 km long and 200 m deep CuAu-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
Experienced
Management
1.
2.
3.
• Experienced management team and Board of Directors
– Extensive exploration and community relations experience in Nicaragua
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.
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.
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.
3

4. Management and Board of Directors
Joseph Arengi | President and CEO
Don Dudek | Chairman
•
•
•
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
•
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
4

5. Share Capital and Share Performance
TSX Venture Symbol
ALR
Share Price (October 31, 2013)
Share Price (52-week range)
Issued and Outstanding
Fully Diluted1
Cash2
Market Capitalization (Basic)
$0.015
$0.085- $0.01
81.5 million
108.9 million
$368,542
$1.2 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 Aug 27, 2013 in interim financial statements for the period ending June 30, 2013
5

6. Rosita Cu-Au-Ag Project
6

7. 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
7

8. 8,000
2.94%
6,000
4,000
Cu tonnes
100,000
80,000
0
CU Cummulative
60,000
40,000
0
Yearly Gold Ounces
Cummulative Copper Tonnage
140,000
25,000
120,000
20,000
140,000
15,000
120,000
100,000
10,000
80,000
60,000
5,000
40,000
20,000
20,000
0
0
ozs Au
AU Cummulative
8
Cummulative Gold Ounces
12,000
4.87%
4.58%
5.42%
4.40%
3.83%
3.70%
122,906 Historic Tonnes of
Copper Produced
1958-59
1959-60
1960-61
1961-62
1962-63
1963-64
1964-65
1965-66
1966-67
1967-68
1968-69
1969-70
1970-71
1971-72
1972-73
1973-74
1974-75
10,000
6.40%
7.15%
14,000
1.98%
1.04%
0.63%
0.48%
0.36%
0.35%
0.53%
4.75%
2,000
1958-59
1959-60
1960-61
1961-62
1962-63
1963-64
1964-65
1965-66
1966-67
1967-68
1968-69
1969-70
1970-71
1971-72
1972-73
1973-74
1974-75
Yearly Copper Tonnage
Historic Copper Production
159,415 Historic Ounces of
Gold Produced
180,000
160,000

9. Project Location
• 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
• Rated the safest country in Central
America with a long mining history
• Modern infrastructure and easily
accessible
Cobre Panama
605 M tonnes Cu
Cerro Colorado
1,445 M tonnes Cu
• 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

10. Nicaragua – An Emerging Porphyry District
Bonanza
3.0M ozs Au
production*
Puerto
Cabezas
Managua
Forest Reserve
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
Siuna
2.3M ozs Au production*
Alder
Calibre
Calibre-B2Gold
Hemco
*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.
Mining Triangle of Nicaragua has produced over 305 million lbs Cu and 8 million oz Au
10

11. Project Geology, Targets and Prospects
Multiple highly prospective targets yet to be drilled
Refer to press release dated Nov 1, 2012
11

12. Santa Rita Inferred Stockpile Mineral Resource
Effective Date: June 22, 2012
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.
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
12

13. Historic Tonnage and Copper
AREA
Stockpile1
Zopilote2
Magnetite Hill (R-9)2
Santa Rita Pit2
R-132
R-13 West2
TOTALS
TONNES (Mt)
7.95
0.28
1.54
1.17
0.60
0.52
12.06
Tonnage by Prospect (Mt)
Cu (%)
0.62
0.92
0.45
0.83
1.68
1.12
0.70
% of 12 Million Tonne Total
0.6 0.52
5%
4%
10%
1.17
13%
1.54
66%
7.95
2%
0.28
Stockpile
1.
2.
3.
Zopilote
Magnetite Hill (R-9)
Santa Rita Pit
R-13
R-13 West
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 SEDA
Disclosure of Historical Estimates.
Despite section 2, an issuer may disclose an historical estimate, using the original terminology, if the disclosure: (a) identifies the source and date of the historical estimate, including any existing technical report; (b) comments on the relevance and
reliability of the historical estimate; (c) to the extent known, provides the key assumptions, parameters, and methods used to prepare the historical estimate; (d) states whether the historical estimate uses categories other than the ones set out in sections
1.2 and 1.3 of 43-101 (i.e. inferred, indicated, etc.) and, if so, includes an explanation of the differences; (e) includes any more recent estimates or data available to the issuer; (f) comments on what work needs to be done to upgrade or verify the hi storical
estimate as current mineral resources or mineral reserves; and; (g) states with equal prominence that; (i) a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and; (ii) the issuer
is not treating the historical estimate as current mineral resources or mineral reserves. or mineral reserves.
13

14. Santa Rita Stockpile RC Drilling
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
0.29 % Cu, 0.10 g/t Au,
5.7 g/t Ag/12.0m
0.54 % Cu, 3.69 g/t Au,
5.2 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
Large Broken Rock Stockpiles with existing 43-101 Compliant Inferred Resource
1.
2.
3.
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.
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.
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.
14

15. Santa Rita and R-13 Deposits & Targets
0.49Cu, 1.15Au,
4.4Ag/4m
29.54/8m
0.80Cu, 10.45Au,
21.83Ag/3m
1.42Cu, 0.18Au,
20.45Ag/10m
0.87Cu, 0.81Au,
7.96Ag/14m
6.90/8.0,
1.76/4m
IP Anomaly
Potential to add additional tonnage to an already robust stockpile resource
Refer to press release dated Nov 1, 2012
15

16. 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.
2.
3.
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.
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.
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.
16

17. Tigre Negro Norte Targets
•
Latest trenching returned 1.67 g/t Au over 17.6 m and is open along strike and to depth
•
The Tigre Negro Norte area is located 400 metres north and along strike of the Tigre Negro
Cu-Au-Ag prospect, which returned 1.76 g/t Au, 4.84 g/t Ag and 1.71% Cu over 12.0 metres
in a reverse circulation drill hole
•
May also be related to the same structure set that hosts the Tipispan zone
Bambana Porphyry
17

18. 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
Bambana Porphyry
Tipispan
El Rastro Gold
T3
Zopilote*
S=79,000T @ 0.97 %Cu
Ox=176,000T @ 0.90 %Cu
Rosita Skarn
And Gold
Gold Zone
Magnetite Hill *
S=344,000T @ 0.55 %Cu
Ox=1,230,000T @ 0.42 %Cu
West R-13 and R-13*
S=1,200,000T @ 1.42 %Cu
Santa Rita*
S=1,183,000T @ 0.83 %Cu
18

19. 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
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
1.23 Cu %, 0.36 Au g/t,
10.63 Ag g/t / 13.0m
1.74 Cu %, 0.09 Au g/t,
16.64 Ag g/t / 18.0m
920
919
Close proximity to the Santa Rita pit provides future development upside
* Refer to news release dated Jun 13, 2012 and Nov 1, 2012
19

20. 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
Circular Magnetic
Feature
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
BB10-03
BB10-01
0.42% Cu
7.00 g/t Ag / 50.0m
Mineralized zone traced >200 m on surface and
100 m vertical depth
Tipispan
BB10-02
0.51 Cu, 0.25 Au
7.56 Ag / 11.5m
T3
919
1.23 Cu, 0.36 Au,
10.63 Ag / 13.0m
920
1.74 Cu, 0.09 Au,
16.64 Ag / 18.0m
Zopilote*
176,000 tonnes @ 0.90% Cu
(Oxide)
79,000 tonnes @ 0.97% Cu
(Sulphide)
Close proximity to the Santa Rita pit provides future development upside
* Refer to news release dated Nov 1, 2012
20

21. Bambana Area – Tipispan Prospect
Trench
13
7.48 Cu, 2.36 Au,
316.13 Ag, 1.40 Pb,
3.28 Zn/6.5m
5.21 Cu, 4.40, Au, 144.01 Ag,
2.42 Pb, 0.67 Zn/12.1m
Calibre DDH
Trench
12
0.21 Cu, 3.49 Ag/117.0m
Incl. 0.42 Cu, 7.00 Ag/50.0m
2.66 Cu, 0.28 Au,
113.11 Ag, 0.016 Pb,
0.17 Zn/6.0m
Prospect Pit
6.28 Cu, 0.74 Au,
132.75 Ag/2.8m
1.65 Cu, 0.17 Au,
23.25 Ag/8.3m
Trench
12
Trench
10
0.22 Cu, 0.10 Au,
1.64 Ag/8.3m
Trench
11
4.46 Cu, 10.84 Au, 97.40 Ag,
0.33 Pb, 3.28 Zn
Trench
14
4.18 Cu, 1.46 Au, 34.50 Ag,
11.15 Pb, 12.62 Zn
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
Refer to press release dated Jan 9, 2013
21

22. Bambana Area – Tipispan Prospect
Trench 12 Intercept
7.48% Cu, 2.36 g/t Au, 316 g/t Ag,
1.40% Pb and 3.28% Zn/6.5m
(projected 100m north)
BB10-002
BB10-001
0.13% Cu, 0.16 g/t Au,
2.11 g/t Ag / 61.9m
0.51% Cu, 0.25 g/t Au,
10.41 g/t Ag / 11.5m
0.42% Cu,
7.00 g/t Ag/50.0m
0.21% Cu,
3.49 g/t Ag/117.0m
Refer to press release dated Jan 9, 2013
22

23. Bambana Area – Tipispan Prospect
Leached Cap
Supergene
Copper Blanket
23

24. Reasons to Invest
Past producing project with
significant economic
potential
Well positioned in a stable
and emerging mining district
with strong management
Robust resource base with
exploration upside
• 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
• 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
• 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
1.
2.
3.
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.
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.
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.
24

25. 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
25

26. Santa Rita and R-13 Drill Highlights
Hole ID
D901
"
D906
D910
D911
D912
D914
D915
D916
D917
D918
Area
Sta Rita
R-13
Sta Rita
Including
and
and
R-13
and
including
including
Santa Rita
and
Sta Rita
including
including
Santa Rita
and
including
and
Santa Rita
Santa Rita
including
and
and
Santa Rita
From (m)
75
89
213
50
84
100
106
173
262
289
290
156
197
235
240
241
57
96
128
129
7
0
8
98
165
71
To
(m)
85.9
92
217
115
92
115
110
179
292
292
291
158
201
250
248
243
63
149
138
133
12
55
14
105
169
85
Thickness
(m)
10.9
3
4
65
8
15
4
6
30
3
1
2
4
15
8
2
6
53
10
4
5
55
6
7
4
14
Cu
(%)
0.36
0.12
0.49
0.20
<0.1
0.57
1.46
0.05
0.31
0.80
0.48
1.24
0.03
0.04
0.04
0.04
0.36
0.50
1.42
1.94
0.33
0.05
0.19
0.32
0.35
0.87
Au
(g/t)
0.15
1.27
1.15
1.48 (1.00 cut)
6.90 (3.03 cut)
1.52
3.22
1.86
1.10
10.45 (10.33 cut)
30.37 (30.00 cut)
1.45
1.76
15.82 (5.62 cut)
29.54 (9.38 cut)
110.69 (30.00 cut)
0.15
0.08
0.18
0.25
0.09
0.31
1.07
0.13
0.55
0.81
Ag
(g/t)
6.32
3.57
4.40
2.00
<0.1
5.93
15.25
3.15
5.78
21.83
11.6
12.25
0.09
0.23
0.29
0.60
3.07
6.44
20.45
30.05
1.14
0.86
3.62
4.37
2.40
7.96
Excellent drill results illustrate the potential to establish a significant high grade resource
Refer to press release dated May 31, 2011; Nov 1, 2012
26

27. Santa Rita/R-13 Deposit Skarn Cu Mineralization
Santa Rita Pit
R-13 Pit
D916:0.33Cu / 5m
D907 :0.09Cu / 24m
D918: 0.87Cu / 14m
D910: 0.2Cu / 65m
D917: 0.32Cu / 7m
D912 :0.29Cu / 14m
D901: 0.36Cu / 10.9m
D903:0.01Cu / 1m
D915:1.42Cu / 10m
D911:0.67Cu / 5m
D911:0.05Cu / 6m
D912: 0.03Cu / 4m
D911:0.9Cu / 6m
D911:0.8Cu / 3m
0.54Cu/ 24.4m
D906:0.49Cu / 4m
2.27Cu/ 16.7m
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
27

28. Santa Rita/R-13 Deposit Skarn Au/Ag Mineralization
Santa Rita Pit
R-13 Pit
D916: 0.09, 1.14 / 5m
D918: 0.81, 7.96 / 14m
D910: 1.48, 2.00 / 65m D901: 0.15, 6.32 / 10.9m
D907: 0.15, 0.05 / 24m
D917: 0.13, 4.37 / 7m
D912: 0.51, 2.60 / 14m
D912: 1.76, 0.09 / 4m
D903: 0.33, 9.00 / 1m
D915: 0.18, 20.45 / 10m
D911: 0.16, 15.86 / 5m
D911: 1.86, 3.15 / 6m
D911: 0.05, 12.60 / 6m
D911: 10.45, 21.83 / 3m
D906: 1.15, 4.40 / 4m
Crosscutting New Gold Zones
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
28

29. 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
29

30. Ground Magnetic Survey – 108 km
A number of prospective anomalies warrant follow-up exploration work
30

31. Geophysics Compilation
IP Targets
R-13 Pit
Santa Rita Pit
A number of prospective anomalies warrant follow-up exploration work
31