ALR

Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to
announce the appointment of Mr. John Spurney to the position of Vice President,
Exploration, effective immediately. 


Mr. Spurney is a geologist with over 30 years of diversified technical and
managerial experience in mineral exploration, primarily in Latin America, the
Western United States and Asia. He has evaluated a wide variety of precious and
base metal deposits in metallogenic belts around the world. Mr. Spurney played a
key role in the discovery of the Cerro Crucitas and Conchudita epithermal gold
deposits in Costa Rica, and the Cerro Casale porphyry gold-copper deposit in
Chile. Mr. Spurney has worked both as an independent consultant and an employee
for such world class companies as Placer Dome, Barrick Gold, Kinross Gold, Brett
Resources, Bema Gold, and Getty Mining. Mr. Spurney received his B.Sc. (1979)
and M.Sc. (1984) degrees in geology from Kent State University in the United
States. 


Alder's President and CEO, Joseph Arengi, stated, "I am personally very pleased
to welcome John to this key position on the Alder team. John's wide range of
experience in exploration and project evaluation in a variety of countries and
geologic settings augers well for the company as we continue to explore and grow
our flagship Rosita project. I would also like to thank Marcelo Albuquerque for
his valued contribution to the company." 


The appointment of Mr. Spurney follows the resignation of Mr. Marcelo
Albuquerque, who will now focus on Forbes & Manhattan Group companies with
operations in Brazil. 


Alder is also pleased to announce the arrival of a diamond drill rig to its
Rosita property to complement the ongoing reverse circulation (RC) drill rig.
This diamond drill rig will focus on confirming historic mineralized drill
intercepts below and in the vicinity of the Santa Rita and R-13 pits. In total,
5,000 metres of RC and 8,000 metres of diamond drilling have been allocated for
the Rosita project.


The Rosita Project

Alder has entered into an option agreement to acquire from Calibre Mining Corp.
a 65% interest in the Rosita D concession (as disclosed in a press release
issued by Alder on August 22, 2011), which hosts the historic open-pit Santa
Rita copper-gold-silver deposit from which 5.37 million tonnes of ore grading
2.06% copper, 0.93 g/t gold, and 15.08 g/t silver was extracted. The mine closed
in 1975 due to low copper prices. Alder's management believes that a substantial
amount of copper-gold-silver mineralization lies both below and adjacent to the
Santa Rita pit. Recent one metre vertical channel sampling at the mine dumps
returned individual channels with average values of up to 2.27% total copper,
1.76% soluble copper, 2.37 g/t gold and 24.60 g/t silver. The average grades for
the 17 sample traverses are 0.55% total copper, 0.28% soluble copper, 0.47 g/t
gold and 8.73 g/t silver with traverse lengths of between 5 and 36 metres.
Historic drilling below the Santa Rita pit returned intercepts that included
2.27% copper, 0.21 g/t gold and 30.85 g/t silver over 16.7 metres true width at
a vertical depth of 225 metres below the assumed base of the pit. The
mineralization at the Rosita deposit is open to depth and along strike.


The Bambana prospect, located four kilometres northwest of the Santa Rita open
pit, returned historic intercepts of up to 0.43% copper and 6.54 g/t silver over
42.0 metres and 0.51% copper, 0.25 g/t gold and 10.41 g/t silver over 11.5
metres in two diamond drill holes completed in 2010. A review of this area by
Alder confirmed copper porphyry-style alteration and sulphide mineralization.


Alder has not yet verified the historic drill results referenced in this news
release and does not intend to use this information for purposes other than
planning and prioritizing exploration targets.


Qualified Person

Joseph Arengi, M. Sc., P. Geo., President and Chief Executive Officer of Alder
and a qualified person under NI 43-101, has reviewed and approved the scientific
and technical information in this news release.


Alder Resources Ltd.

Joseph Arengi, President & CEO

Cautionary Note Regarding Forward-looking Information 

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, without limitation, statements regarding the impact of the appointment
of Mr. Spurney on the Company, potential mineralization, and the Company's
future plans. Generally, forward-looking information 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 state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Alder, as the case may be, to be materially
different from those expressed or implied by such forward-looking information,
including but not limited to: general business, economic, competitive,
geopolitical and social uncertainties; the actual results of current exploration
activities; risks associated with operation in foreign jurisdictions; ability to
successfully integrate the purchased properties; foreign operations risks; and
other risks inherent in the mining industry. Although Alder has attempted to
identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such information 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 information. Alder does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.

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