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TSX-V: ALR STRATEGIC LOCATION IN AN EMERGING COPPER-GOLD PORPHYRY DISTRICT August, 2012

Transcript of 08 09 12

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TSX-V: ALR

STRATEGIC LOCATION IN AN EMERGING COPPER-GOLD

PORPHYRY DISTRICT

August, 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

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Alder Resources

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Experienced team with proven track record

Right to acquire 65% interest in 33 km2 target-rich property with Copper-Gold-Silver Porphyry/Skarn potential

Excellent exploration upside at Rosita, its flagship property and a past producer

Solid initial resource base

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The Alder Team - Management

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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.

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The Alder Team – Board of Directors

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Don Dudek, Chairman

For 28 years, Don has held various roles with junior and senior exploration and mining companies. He is currently VP Exploration for Avion Gold Corp.

Rene Bharti, Director

Rene, a Queen’s University graduate, has held roles in several public and private companies

Dan Bruno, Director

A Chartered Financial Analyst and MBA graduate, Dan has over 15 years of investment experience

Honourable Pierre Pettigrew, P.C., Director

Pierre is a former Minister of Foreign Affairs and currently Executive Advisor, Deloitte Touche LLP. He is on the Board of several publicly traded companies

Will Randall, Director

A professional Geologist who has held management roles in both mineral exploration and production. Will is currently President and CEO of Rodinia Lithium Inc.

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Share Structure and Trading TSX-V: ALR

ALR Share Structure: (July 31, 2012)

Common Shares: 72,579,085

Current share price : $0.09

Warrants: 15,952,019

Average warrant price: $0.21

Options: 7,175,000

FULLY DILUTED SHARES: 95,706,104

Insiders/Institutional Holders: 8.6%

Share Trading Activity:

52 week High/Low: $0.285/0.065

Market capitalization: $6.5M

Cash Balance: $1.3M

Debt: None 6

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Corporate Objectives

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Discover large porphyry copper-gold-silver deposits

Delineate Resource in and around past producing open pits

Expand property portfolio

Practice diligent cash management

Be a respectful contributing member of the community

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Rosita Project - Location

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Rosita

Managua

Puerto Cabezas

Cerro Colorado1,445 M tonnes Cu

Cobre Panama605 M tonnes Cu

El Salvador

Guatemala

MexicoBelize

Honduras

Costa Rica

Panama

Colombia

Nicaragua

Pacific Ocean

Caribbean Sea

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Nicaragua

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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)

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NE Nicaragua – An Emerging Porphyry District

*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.

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Managua

Puerto Cabezas

Siuna2.3M ozs Au production*

Rosita108M lbs Cu, 118K ozs Au, 2.4M ozs Ag resource(May 9, 2012 Inferred Resource News Release, page 1)

PrimaveraB2Gold/Calibre Discovery

Forest Reserve

Bonanza3.0M ozs Au production*

AlderCalibreCalibre-B2GoldHemco

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Rosita Project - History

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Past producer from two open pits – Santa Rita and R-13

245,000,000 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.

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Rosita Project – Geology, Targets and Prospects

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Bambana (Porphyry)

Santa RitaR13

El Rastro

Staff

Magnetite Hill

Tigre Negro

Zopolite

El Rastro

Staff

Magnetite Hill

Tigre Negro

Zopolite

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Santa Rita Stockpiles – Compliant Inferred Resource

(See Alder News Release of May 9, 2012, page 1)13

STOCKPILETONNES

(106)Cu(%)

Au(g/t)

Ag(g/t)

CuEq(%)

Cu (lb X 106)

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 Estimation1. 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.2. The mineral resource estimate is reported on an undiluted basis.3. 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.4. Rounding as required by NI 43-101 reporting guidelines may result in apparent summation differences between tonnes, grade and contained metal content.5. Tonnage and grade measurements are in metric units. Contained gold and silver ounces are reported as troy ounces, contained copper pounds as imperial pounds.6. 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.7. 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.

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Santa Rita Stockpiles – Compliant Inferred Resource

(See Alder News Release of May 9, 2012, page 1)14

3.33M Tonnes0.78% Cu, 0.58 g/t Au

10.29 g/t Ag, 1.25% CuEq

0.55M Tonnes0.50% Cu, 0.22 g/t Au

9.58 g/t Ag, 0.75% CuEq

2.20M Tonnes0.33% Cu, 0.49 g/t Au

5.1 g/t Ag, 0.69% CuEq

Not Evaluated

1.88M Tonnes0.71% Cu, 0.30 g/t Au

11.98 g/t Ag, 1.03% CuEq

Low Grade

Low Grade

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Resource Discovery Costs

Total Expend. Explor. Expend.

Cu/lb $0.02 $0.01

Au/oz $14.20 $7.60

Ag/oz $0.71 $0.38

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Total Corporate Expenditures = $1,680,000

Total Exploration Expenditures = $ 900,000

Equates to:

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Tailings Assessment

(See Alder News Release of April 25, 2012) 16

Initial samplingaveraged 0.21% Cu, 0.43 g/t Au and 14.9 g/t Ag

Grid sampling at 100m spacing

Resource estimate to follow if warranted

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Santa Rita – Diamond Drill Holes

(See Alder News Release of May 31, 2012)17

18 DDH’s, 3 areas warrant follow-up

D910 = 0.20Cu,1.48Au/65m

D902,904 = multiple Cu, Au, Ag targets

D906, 911 = Cu, Au skarn

D907 = strong porphyry textures, highly anomalous Cu, Au

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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.

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Continuity in host rock

Stacked lenses

Good grades and widths

Significant Au and Ag

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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.

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Santa Rita/ R-13 Potential – South Corridor

20Alder 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 Alder News Release of May 31, 2012

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Santa Rita- D910 Cross Section

Op

en

21(See Alder News Release of May 31, 2012)

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Santa Rita/ R-13 Potential – North Corridor

22Alder 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 Alder News Release of May 31, 2012

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Bambana T3 Zone - Cu-Au-Ag Porphyry

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IP Chargeability Anomalies -100m

T3 Zone-2.09% Cu, 0.19 g/t Au, 14.6 g/t Ag / 29.0m-1.98% Cu, 0.14 g/t Au, 14.4 g/t Ag / 29.0m

Trench 33.32 %Cu, 0.22 g/t Au37.55 g/t Ag / 12.0m(Oxide)

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Bambana – T3 Zone Bench Sample

(See Alder News Release of June 13, 2012)24

3.07% Cu, 0.14 g/t Au, 14.4 g/t Ag/1 m

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Bambana – T3 Zone IP Signature

Line 5

Line 7

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Rosita Project - 2012 Exploration Objectives

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Complete 8,000m of core drilling by Q4

IP Geophysical Survey in Q1 and Q2

Initial Resource for stockpiles and tailings material Q2

Preliminary Mineralogical Study of stockpiles in Q2

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Rosita Project - Exploration Timeline

Milestone Qtr 1/12 Qtr 2/12 Qtr 3/12 Qtr 4/12

Trenching        

IP Geophysics        

RC Drilling Stockpiles

Initial Resource Estimate - Stockpiles        

Diamond Drilling – Geology/Historic Targets (3,000m)

Diamond Drilling – Other (5,000m)        

Resource Estimate – In Situ        

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Summary

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Current exploration has identified high quality targets

Solid resource base

Highly experienced team with Central America focus

Significant porphyry discovery by B2Gold/Calibre 8 km south of Rosita D Concession

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Corporate Social Responsibility

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Alder is committed to leaving no footprint and to giving back to the community

Reforestation

City cleanup

City garbage cans

Road repair

Workshop: Mining & sustainabilty

Soccer uniformsWorkshop: Safety

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Addendum

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Santa Rita Pit And Stockpiles

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Bambana Mineralization

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TSX-V: ALR

STRATEGIC LOCATION IN AN EMERGING COPPER-GOLD

PORPHYRY DISTRICT

August, 2012