ALR

Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to
announce it has received assay results for 25 vertical reverse circulation
("RC") drill holes at its Rosita copper-gold-silver project in northeastern
Nicaragua. One hole, 2011-705, was drilled in bedrock immediately south of the
Santa Rita pit and intersected 12.0 metres grading 0.91% copper ("Cu"), 1.00 g/t
gold ("Au") and 16.63 g/t silver ("Ag"). The hole was terminated at a vertical
depth of 114.4 metres due to mechanical difficulties before reaching the target
horizon at 180 metres vertical depth. The other 24 holes were drilled in the
north and south dumps. Of these, hole 2011-709 included up to 25.5 metres
grading 1.27% Cu, 0.35 g/t Au and 22.3 g/t Ag. The weighted average grades for
the mineralized dump holes are 0.71% Cu, 0.66 g/t Au and 8.2 g/t Ag (1.26%
copper equivalent ("CuEq")) over an average thickness of 14.0 metres. Results
are summarized below and illustrated in the drill plan at the end of this news
release. 




--------------------------------------------------------------------------
                        From          Thickness           Au    Ag CuEq(1)
Hole ID     Location     (m)  To (m)        (m) Cu (%) (g/t) (g/t)     (%)
--------------------------------------------------------------------------
2011-705(2) Bedrock     39.0    51.0       12.0   0.91  1.00  16.6    1.79
--------------------------------------------------------------------------
2011-701    North Dump     0    10.5       10.5   0.54  3.69   5.2    3.07
--------------------------------------------------------------------------
2011-702    North Dump     0    10.5       10.5   0.47  1.24   8.7    1.41
--------------------------------------------------------------------------
2011-703    North Dump     0    24.0       24.0   0.39  0.31   5.5    0.67
--------------------------------------------------------------------------
2011-704    North Dump     0    21.0       21.0   1.14  0.92  10.6    1.89
--------------------------------------------------------------------------
2011-706    North Dump     0    12.0       12.0   0.29  0.10   5.7    0.43
--------------------------------------------------------------------------
2011-707    North Dump     0    22.5       22.5   0.85  1.10   8.5    1.69
--------------------------------------------------------------------------
2011-708    North Dump     0    24.0       24.0   0.81  0.40   9.8    1.20
--------------------------------------------------------------------------
2011-709    North Dump     0    25.5       25.5   1.27  0.35  22.3    1.78
--------------------------------------------------------------------------
2011-710    North Dump     0     4.5        4.5   2.21  0.14  15.3    2.50
--------------------------------------------------------------------------
2011-711    North Dump     0    19.5       19.5   1.25  0.47  11.8    1.71
--------------------------------------------------------------------------
2011-712    South Dump     0    12.0       12.0   0.31  0.69   4.8    0.83
--------------------------------------------------------------------------
2011-713    South Dump     0     6.0        6.0   0.10  0.24   1.1    0.27
--------------------------------------------------------------------------
2011-714    South Dump     0     7.5        7.5   0.07  0.21   0.8    0.22
--------------------------------------------------------------------------
2011-715    South Dump   3.0    10.5        7.5   0.06  0.29   0.7    0.26
--------------------------------------------------------------------------
2011-716    South Dump     No significant intercepts
--------------------------------------------------------------------------
2011-717    South Dump     0    21.0       21.0   0.60  0.57   9.4    1.10
--------------------------------------------------------------------------
2011-718    South Dump     0    19.5       19.5   0.53  0.28   6.0    0.79
--------------------------------------------------------------------------
2011-719    South Dump   9.0    12.0        3.0   0.02  0.10   0.5    0.09
--------------------------------------------------------------------------
2011-720    North Dump     3    13.5       10.5   0.54  0.51   5.1    0.94
--------------------------------------------------------------------------
2011-721    South Dump     0     7.5        7.5   0.56  0.49   6.2    0.97
--------------------------------------------------------------------------
2011-722    South Dump      No significant intercepts
--------------------------------------------------------------------------
2011-723    South Dump      No Significant intercepts
--------------------------------------------------------------------------
2011-724    South Dump      No significant intercepts
--------------------------------------------------------------------------
2011-725    South Dump      No significant intercepts
--------------------------------------------------------------------------
(1) %CuEq = %Cu + ((Au grade X Au $/oz) + (Ag grade X Ag $/oz))/(Cu $/lb X  
22.0462 X 31.0135); Cu = $3.50/lb, Au = $1600/oz, Ag = $30/oz               
(2) True width is estimated to be 70% of drilled intercept                  



Vertical RC hole 2011-705 was collared in bedrock south of the Santa Rita pit,
and was designed to test for extensions of the main Santa Rita deposit at a
vertical depth of 180 metres. The hole was abandoned short of its target depth
due to mechanical difficulties. Results from this hole are highly encouraging
and indicate the presence of an upper mineralized horizon, and also confirm the
presence of significant gold and silver values with the copper. All of the
mineralization intersected in the drill hole is hosted in
garnet-epidote-quartz-sulfide skarn.


To date 55 RC holes have been drilled through the dumps, with results pending
for 31 of the holes. Drilling to date indicates the thickness of mineralized
material ranges from 4.5 metres to 25.5 metres and averages 14.0 metres. 


The holes were drilled in 6 dump areas, including the North dump (400m by 200m),
South dump (400m by 200m), SW dump (500m by 200m), East dump (500m by 100m), NE
dump (225m by 150m) and R-13 dump (250m by 125m). In all, the dumps cover an
area of approximately 52 hectares. Results in this press release are for the
North and South dumps only. Additional results will be presented for the other
areas after assays have been received and evaluated. 


In addition to the RC holes, a series of 17 vertical channel samples were
collected from the apron of the dumps, as disclosed in a press release issued by
Alder on December 14, 2011. The average grades of the vertical channel sampling
was 0.55% Cu, 0.47 g/t Au and 8.73 g/t Ag (0.97% CuEq). 


Joseph Arengi, President and Chief Executive Officer of Alder, stated: "These
initial results are highly encouraging. The bedrock hole confirms the presence
of significant in situ gold and silver values with copper mineralization as well
as the presence of multiple mineralized horizons. The holes that tested the dump
material are higher grade than the vertical channel samples and also show there
is considerable gold and silver content. When the results are available for the
remaining 31 RC holes we expect to be able to estimate a mineral resource for
the dumps."


The Rosita Project

The Rosita project is 8 kilometres north of Primavera where Calibre Mining Corp.
("Calibre") and B2Gold Corp. recently announced the discovery of significant
gold-copper porphyry style mineralization that included 261.7 metres grading
0.78 g/t Au and 0.30% Cu in a diamond drill hole (Calibre press release of
January 20, 2012).


Alder has entered into an option agreement to acquire a 65% interest in the
Rosita D concession from Calibre (as disclosed in a press release issued by
Alder on August 22, 2011). Historic production from the Santa Rita and R-13 open
pits totaled 5.37 million tonnes of ore grading 2.06% Cu, 0.93 g/t Au, and 15.08
g/t Ag. The mine closed in 1975 due to low copper prices. Alder's management
believes that a substantial amount of Cu-Au-Ag mineralization lies both below
and adjacent to the Santa Rita pit. Historic drilling below the Santa Rita pit
returned intercepts that included 2.27% Cu, 0.21 g/t Au and 30.85 g/t Ag over
16.7 metres true width at a vertical depth of 225 metres below the assumed base
of the pit. 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% Cu and 6.54 g/t Ag over 42.0
metres and 0.51% Cu, 0.25 g/t Au and 10.41 g/t Ag 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.


RC drilling will now focus on historic mineralized drill intercepts at the R-13
area. The core rig will test for down dip and strike extensions of the north
east-striking / south east-dipping Santa Rita zone, as well as concealed
porphyry mineralization at depth. 


Quality Assurance/Quality Control

Samples are collected into heavy gauge plastic bags, sealed on-site, then stored
at Alder's Rosita field office until they can be transported by company
personnel to Inspectorate Exploration and Mining Services' sample preparation
facility in Managua. Here, sample pulps are prepared, then air freighted to
Inspectorate's Vancouver laboratory for analysis. Each sample is analyzed for
total copper using aqua regia digestion followed by an ICP analysis, which
includes a 30-element geochemistry package, including silver. Soluble copper is
determined using dilute sulfuric acid digestion with an AA (atomic absorption)
finish. Gold is determined via fire assay with an AA finish. Alder has
implemented an industry standard Quality Assurance/Quality Control program that
includes the insertion of certified standards, duplicates and blanks into the
sample stream. 


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 press release.


About Alder Resources Ltd.

Alder is a resource company focused on the development of gold and base metal
projects throughout Latin America. Current focus is on the Rosita project in
Nicaragua located 275 km northeast of Managua. Alder plans to continue to build
its property position with strategic acquisitions. 


Alder Resources Ltd.

Joseph Arengi, President & CEO

To view the map accompanying this press release, click on the following link:
http://media3.marketwire.com/docs/a27m.pdf


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 potential mineralization,
reserve and resource determination, exploration results and 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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