Alder Presentation November 2013

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Alder Presentation November 2013


<ul><li> 1. TSX-V: ALR STRATEGICALLY LOCATED IN AN EMERGING COPPER-GOLD PORPHYRY DISTRICT November 2013 1 </li> <li> 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 </li> <li> 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 </li> <li> 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 </li> <li> 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 </li> <li> 6. Rosita Cu-Au-Ag Project 6 </li> <li> 7. Project History &amp; 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 </li> <li> 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 </li> <li> 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 </li> <li> 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 </li> <li> 11. Project Geology, Targets and Prospects Multiple highly prospective targets yet to be drilled Refer to press release dated Nov 1, 2012 11 </li> <li> 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 </li> <li> 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...</li></ul>