Alder Presentation December 7 2012

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Alder Presentation December 7 2012

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<ul><li> 1. TSX-V: ALRWELL POSITIONED IN AN EMERGING COPPER-GOLD PORPHYRY DISTRICTDecember 2012 1</li></ul><p> 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 HighlightsPast producing Option to earn a 65% interest in the high grade copper-gold-silver Rosita projectRosita Project in Historic production of 245 million lbs Cu, 160,000 oz Au and 2.6 million oz AgNicaraguafrom two pits Well positioned in Located in the prolific Mining Triangle of northeast Nicaragua 7 km north of Calibre Mining/B2Golds Primavera prospect, a significant an emerging copper-gold porphyry discoverymining district Stable, pro-mining government Stockpiles include a NI 43-101 compliant inferred resource of 8 million tonnes High grade containing 108.5 million lbs Cu, 118,500 oz Au and 2.4 million oz Ag (1.01%resource Cu Eq. grade1)23 Initial 5,500 m drill program has identified a 1.1 km long and 200 m deep Cu- Significant Au-Ag mineralized zone at the Santa Rita deposit exploration upside 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 Experienced management team and Board of Directors Management Extensive exploration and community relations experience in Nicaragua1.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 3with 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. 4. Management and Board of DirectorsJoseph Arengi | President and CEO Don Dudek | Chairman 35 years of exploration and operational experience Held various roles with junior and senior exploration andthroughout Canada, Nicaragua, South America and mining companies over the past 28 yearsAfrica Currently serves as Senior VP Technical Services for Credited with discovering 4 billion pounds of copperEndeavour Mining Corp. and prior to that he served asand 60 million ounces of silver in Botswana Exploration Manager for Aur Resources Inc.Ryan Ptolemy | CFORene Bharti | Director Certified General Accountant and CFA charter holder Has held roles in several public and private companies, Currently CFO of Rodinia Lithium Inc. and Belo Sunincluding experience in the mining sector which will beMining Corp.important for the companys development of its projects inNicaraguaJosh van Deurzen | Corporate SecretaryDan Bruno | Director Corporate and securities lawyer, working as a legalconsultant to various public and private companies in Over 15 years of investment experience and wasthe resource-based sector previously a Managing Director of a US based InvestmentBank and a Director, in the Investment Banking group atGMP Securities Ltd.Hon. Pierre Pettigrew | Director Former Minister of Foreign Affairs and currently ExecutiveAdvisor, Deloitte Touche LLP Current board member of several public companiesWill Randall | Director Professional Geologist and currently President and CEOof Rodinia Lithium Inc. 4 5. Share Capital and Share PerformanceTSX Venture Symbol ALR $0.45 3.50Share Price (Nov 12, 2012) $0.08 $0.40 3.00 $0.35Share Price (52-week range)$0.06 - $0.29Volume (millions) Price (CAD) 2.50 $0.30Issued and Outstanding 72.8 million $0.25 2.00Fully Diluted1 95.8 million $0.20 1.50Cash and Marketable Securities $1.0 million$0.15 1.00Market Capitalization (Basic)$5.8 million$0.10 0.50 $0.05Insider/Institutional Holders 8.6% $-0.00 Jan-11 Jan-12Jul-12Jul-11Mar-11Mar-12Nov-12 Sep-11Nov-11 Sep-12 May-11 May-121. 7,025,000 options outstanding with a weighted average exercise price of $0.21 and a weighted average life of 2.7 years and 15,952,019 warrants outstanding with an exercise price of $0.20 expiring on January 31, 2014. VolumePrice5 6. Rosita Cu-Au-Ag Project6 7. Project Overview Option agreement with Calibre Mining to earna 65% interest in the Rosita D concession bymaking the following payments: Project expenditures of C$4.0 million (C$0.5million already spent) Issuance of 1,000,000 shares over a four yearperiod (400,000 shares have been issued) NI 43-101 compliant inferred stockpileresource of 108.5 million lbs Cu, 118,500 ozAu and 2,354,300 oz Ag1,2 Completed an initial 5,500 m drill programcentered on the past producing Santa Rita andR-13 deposits Mineralization below the Santa Rita pit is openalong strike to the east, west and down dip Exploration upside from the Bambana prospectlocated 4 km northwest of Santa Rita 400 m drill program completed Historical data suggests a significant preciousmetal component to the mineralized system1. 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. 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.7 8. 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-Cumineralization has been discovered Rated the safest country in Central America with a long mining history Modern infrastructure and easily accessible Stable, supportive and democratically elected governmentCobre Panama supportive of foreign investment 605 M tonnes Cu Supportive mining laws with an attractive tax regime: 3% NSR, 30% Cerro Colorado 1,445 M tonnes Cu Net Profits Tax Three producing gold mines: La Libertad and El Limon Mines (B2Gold) Bonanza Mine (Hemco) Prolific, underexplored mining district with a stable, pro-mining government8 9. Nicaragua An Emerging Porphyry District Bonanza 3.0M ozs Au production* Puerto Cabezas ManaguaForest Reserve Rosita 108M lbs Cu, 118K ozs Au, 2.4M ozs Ag resource PrimaveraAlderB2Gold/Calibre Discovery261.7M @ 0.78 G/T Au, 0.30% CuCalibreCalibre-B2Gold SiunaHemco2.3M ozs Au production* *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 9 10. Project History Concession hosts the historic open-pit SantaRita copper-gold-silver deposit1906 - 1912 Exploration and mining production Historic production of 245 million lbs Cu,1916 1918 Tunnel and drilling 160,000 oz Au and 2.61 million oz Ag1950Tunnel sampling and diamond drilling Reported mill recoveries of 60 80%1955Diamond drilling Early mining focused on high grade ore (5.371959 1974 Miningmillion tonnes of ore mined grading 2.06% Cu,0.93 g/t Au and 15.08 g/t Ag) with 2% copper1981 1983 Geophysical survey, soil sampling anddiamond drillingstockpiled1996 1998 RC drilling, Geophysical survey and First gold recovery during the last five years of soil samplingproduction2008Trenching and rock sampling Mine closed in 1975 due to low copper prices2009 2010 Trenching, mapping, soil samplingand diamond drilling Management believes that a substantialamount of Cu-Au-Ag mineralization lies both 2011 - 2012 Channel sampling and RC samplingon stockpilesbelow and adjacent to the Santa Rita pitHigh grade deposit with substantial historical copper, gold and silver production 10 11. Project Geology, Targets and ProspectsMultiple highly prospective targets yet to be drilledRefer to press release dated Nov 1, 201211 12. Santa Rita Inferred Stockpile Mineral Resource Santa Rita Stockpiles Compliant Inferred ResourceEffective Date: June 22, 2012TONNESCu Au Ag CuEqCuAu Ag STOCKPILE(Mt)(%) (g/t)(g/t)(%)(M lbs)(oz) (oz) NORTH3.330.780.5810.3 1.25 56.99 62,1001,100,900 SOUTH2.200.330.49 5.1 0.69 16.16 34,700360,000NE0.550.500.22 9.6 0.756.063,800168,300 EAST 1.880.710.3012.0 1.03 29.33 17,900725,100 TOTALS 7.950.620.46 9.2 1.01108.54118,5002,354,300Notes on Mineral Resource Estimation1. 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 Cu11. Based on the inferred copper mineral resource and total exploration expenditures of $900,000 12 13. Santa Rita and R-13 Deposits0.49Cu, 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/10m6.90/8.0, 1.76/4mIP AnomalyPotential to add additional tonnage to an already robust stockpile resourceRefer to press release dated Nov 1, 201213 14. Santa Rita/R-13 Deposit Skarn Cu Mineralization 0.54Cu/ 24.4m2.27Cu/ 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, 201214 15. Santa Rita/R-13 Deposit Skarn Au/Ag MineralizationCrosscutting 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, 201215 16. Santa Rita Targets A Multiple Cu-Au-Ag skarn targets, historicresource BSanta Rita/R-13 corridor, Cu-Au-Agskarn C New Au discovery,29.54 g/t Au/8m* DIP Anomaly Porphyry Cu target, strong porphyry textures, highlyanomalous Cu, Au * Refer to news release dated Sept 5, 2012 16 17. Santa Rita Targets 17 18. Bambana Targets Located 4 km northwest of the Santa Rita deposit 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 Prospect pit returned 2.8m grading 6.28% Cu, 0.74 g/t Au, 132.75 g/t Ag 18 19. Bambana Area T3 Prospect Trench returned porphyry-style mineralization thatincluded 12 m grading 3.32% Cu, 0.22 g/t Au and37.55 g/t Ag Rock-chip sampling at two benches returned twowide intercepts of 29 m grading 2.09% Cu, 0.19g/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 thepresence of shallow, high...</p>