Your SlideShare is downloading. ×
0
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Alder Presentation September 2013
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Alder Presentation September 2013

118

Published on

Alder Presentation September 2013

Alder Presentation September 2013

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
118
On Slideshare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. 1 TSX-V: ALR STRATEGICALLY LOCATED IN AN EMERGING COPPER-GOLD PORPHYRY DISTRICT September 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 (August 26, 2013) $0.02 Share Price (52-week range) $0.11- $0.01 Issued and Outstanding 81.5 million Fully Diluted1 108.9 million Cash2 $368,542 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 Aug 27, 2013 in interim financial statements for the period ending June 30, 2013
  • 6. 66 Rosita Cu-Au-Ag Project
  • 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. 88 Historic Copper Production 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 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 CummulativeCopperTonnage YearlyCopperTonnage 122,906 Historic Tonnes of Copper Produced Cu tonnes CU Cummulative 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 0 5,000 10,000 15,000 20,000 25,000 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 CummulativeGoldOunces YearlyGoldOunces 159,415 Historic Ounces of Gold Produced ozs Au AU Cummulative 4.75% 6.40% 7.15% 4.87% 4.58% 5.42% 4.40% 3.83% 3.70% 2.94% 1.98% 1.04% 0.63% 0.48% 0.36% 0.35% 0.53%
  • 9. 9 • 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
  • 10. 10 *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. 10 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
  • 11. 1111 Project Geology, Targets and Prospects Multiple highly prospective targets yet to be drilled Refer to press release dated Nov 1, 2012
  • 12. 1212 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
  • 13. 1313 Historic Tonnage and Copper 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 SEDA 2. Disclosure of Historical Estimates. 3. 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 historical 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. AREA TONNES (Mt) Cu (%) Stockpile1 7.95 0.62 Zopilote2 0.28 0.92 Magnetite Hill (R-9)2 1.54 0.45 Santa Rita Pit2 1.17 0.83 R-132 0.60 1.68 R-13 West2 0.52 1.12 TOTALS 12.06 0.70 7.95 0.28 1.54 1.17 0.6 0.52 Stockpile Zopilote Magnetite Hill (R-9) Santa Rita Pit R-13 R-13 West 66% 2% 13% 10% 5% 4% Tonnage by Prospect (Mt) % of 12 Million Tonne Total
  • 14. 1414 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.
  • 15. 1515 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
  • 16. 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. 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.
  • 17. 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
  • 18. 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 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
  • 19. 1919 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
  • 20. 2020 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
  • 21. 2121 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
  • 22. 2222 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
  • 23. 2323 Bambana Area – Tipispan Prospect Supergene Copper Blanket Leached Cap
  • 24. 2424 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.
  • 25. 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
  • 26. 2626 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
  • 27. 2727 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
  • 28. 2828 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
  • 29. 2929 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
  • 30. 3030 Ground Magnetic Survey – 108 km A number of prospective anomalies warrant follow-up exploration work
  • 31. 3131 Geophysics Compilation A number of prospective anomalies warrant follow-up exploration work IP Targets Santa Rita Pit R-13 Pit

×