The document summarizes the Rosita project in Nicaragua being explored by Alder Resources. It contains an inferred resource of 8 million tonnes at 1.01% copper equivalent grade in surface stockpiles. There is potential for near-term cash flow from processing the stockpiles and tailings. Drilling has also defined a copper-gold-silver mineralized zone with further exploration upside. Alder plans to extract value early through staged development starting with the processing of high-grade stockpile and tailing materials while continuing exploration and development of the broader mineralized system. The company is led by an experienced management team with a track record of building value in exploration and mining companies.

1. TSX-V: ALR
Extracting Value Early Via Staged Project
Development
February 2014
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 Don Dudek, 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
• Option to earn a 65% interest in the Rosita project
• Open ended mineralized zones : historic production of 245 million lbs
Copper, 160,000 oz Gold and 2.6 million oz Silver
Strategic Location
• Located in Nicaragua - stable, pro-mining government with a competitive
tax code: 3% NSR, 30% Net Profits Tax all in
Processing of
stockpiles/tailings
• Potential path to near term cash flow – metallurgical studies commenced
High grade
resource
• Stockpiles inferred resource of 8 million tonnes containing 1.01% Copper
Equivalent grade1,2,3
Significant
exploration upside
• Drilling has defined a 1.1 km long and 200 m deep Copper-Gold-Silver
mineralized zone
• 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.
• Proven and experienced management team and Board of Directors
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. Rosita Project Location
• 3,356 hectare concession in the prolific Mining Triangle 275 km northeast of the capital city of
Managua, Nicaragua
• 7 km north of the Primavera, porphyry style, Au-Cu prospect - 201.35 m grading 0.77 g/t Au and
0.36% Cu (Calibre Mining/B2Gold)
• 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
• Competitive tax code : 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
4

5. 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 CopperGold-Silver Porphyry/Skarn Project at the Rosita D Concession dated January 5,
2012 which is filed on SEDAR.
8 million oz Au and 305 million lbs Cu produced in Mining Triangle of Nicaragua
5

6. Santa Rita Value Proposition
• Santa Rita Project contains four large surface stockpiles that comprise an
inferred resource of 8 million tonnes containing 1.01% Cu Eq. grade1,2,3
• Gross metal value of ~ $ 500 million
• Tailings have a non-NI 43-101 compliant inferred resource of 1.75 to 2.25 million
tonnes grading from 0.14 to 0.30% Cu, 0.52-0.57 g/t Au and 6.37-12.55 g/t Ag
• Metallurgical studies of the stockpile and tailings will define the best processing
path in order to extract the maximum value for the material ~$400,000 to
complete
• Complete a PEA study using updated metallurgical data ~ $250,000 to complete
• Near term cash flow from processing of Stockpiles and Tailings would support
delineation of other mineralized zones on the Property
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.
6

7. Project Geology, Targets and Prospects
Multiple highly prospective targets yet to be drilled
Refer to press release dated Nov 1, 2012
7

8. Santa Rita Targets
NE Stockpile
North Stockpile
East Stockpile
South Stockpile
Stockpiles include a NI 43-101 compliant inferred resource of
8 million tonnes containing 1.01% Copper Equivalent grade1,2,3
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.
8

9. Santa Rita and R-13 Deposits & Targets
Gold Zone
0.96Cu, 1.06Au,
9.33Ag/12m
3.26Cu, 0.15Au,
55.82Ag/8m
29.54Au/8m
0.49Cu, 1.15Au,
4.4Ag/4m
0.80Cu, 10.45Au,
21.83Ag/3m
1.42Cu, 0.18Au,
20.45Ag/10m
0.87Cu, 0.81Au,
7.96Ag/14m
6.90Au/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
9

10. Large Broken Rock Resource at Surface
10

11. 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
11

12. Santa Rita Stockpile RC Drilling
1.25 % Cu, 0.47 g/t
Au, 11.8 g/t
Ag/19.5m
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
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 and gold prices were low. In today’s
market they are likely 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.
12

13. Broken Rock Resource at Surface
• Large broken rock stockpiles at surface
• No excavation required for processing
South Stockpile
North Stockpile
North East Stockpile
13

14. Santa Rita Tailings Mineral Resource Target
Tailing
TONNES
(Mt)
Cu
(%)
Au
(g/t)
Ag
(g/t)
CuEq
(%)
Area A
1.75 – 2.25
0.14-0.30
0.52-0.57
6.37-12.55
0.53-0.80
Inc. Area B
0.4-0.5
0.38-0.41
0.70-1.00
6.37-10.65
0.88-1.14
14

15. Tailings sampling
• Detailed area in
yellow dots with core
samples to tailings
base collected every
50 m
• Outside area sample
to an average depth
of 2.76 metres with
average grades of
0.16% Cu, 0.21 g/t Au
and 5.56 g/t Ag and a
surface area of
454,155 square
metres – not all cores
went to base
• Average SG is 1.818
tonnes/m3
15

16. Management and Board of Directors
Don Dudek | President and CEO
•
•
Held various roles with junior and senior exploration
and mining companies over the past 28 years
Recently served as Senior VP Technical Services for
Endeavour Mining Corp., prior to that he served as
SVP Exploration for Avion Gold Corp. and Exploration
Manager for Aur Resources Inc.
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
Rene Bharti | Director
•
Has held roles in several public and private companies,
including experience in the mining sector
Allan Polk| Director
•
Over 22 years of experience, in mine operations,
consulting, feasibility studies and construction projects for
both underground and open pit mines in a variety of
commodities at mines and projects around the world
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
16

17. Share Capital and Share Performance
TSX Venture Symbol
Share Price (Feb 2, 2014)
Share Price (52-week range)
ALR
$0.025
$0.07- $0.01
Issued and Outstanding
81.7 million
Fully Diluted1
93.2 million
Cash2
Market Capitalization (Basic)
Insider/Institutional Holders
$285,718
$ 2.1 million
25%
1. 7,115,000 options outstanding with a weighted average exercise price of $0.21. Also, 4,367,500 warrants
outstanding with an exercise price of $0.10 expiring on March 21, 2015.
2. As reported on Dec 11, 2013 audited year end financial statements for the period ending Sept 30, 2013
17

18. TSX-V: ALR
65 Queen Street West, Suite 800
Toronto, ON, M5H 2M5
info@alderresources.ca
Follow us:
Don Dudek
President & CEO
(416) 861-2261
ddudek@alderresources.ca
Michael McAllister
Manager, Investor Relations
(416) 309-2134
mmcallister@alderresources.ca
18

19. Appendix
19

20. 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
20

21. 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.
21