Alder Resources Ltd.'s ("Alder" or the "Company") (TSX VENTURE:ALR) work over
the past few months has targeted a tailings tonnage of between 1.75 and 2.25
million tonnes grading from 0.14 to 0.30% Cu, 0.52 to 0.57 g/t Au and 6.37 to
12.55 g/t Ag (see figure and table). The target target is the result of 99, up
to 6 metre deep, augur holes, with most holes penetrating to the base of the
tailings. The average grade of these intercepts is 0.21% Cu, 0.55 g/t Au and
9.37 g/t Ag over an average width of 5.4 metres. Within this block, Alder is
targeting a higher grade sub-block containing between 400,000 to 500,000 tonnes
grading from 0.38 to 0.41 % Cu, 0.70 to 1.00 g/t Au and 6.37 to 10.65 g/t Ag.




----------------------------------------------------------------------------
               Target Tonnes   Target Cu   Target Au   Target Ag     CuEq(i)
Tailing                 (Mt)         (%)       (g/t)       (g/t)         (%)
----------------------------------------------------------------------------
Area A             1.75-2.25   0.14-0.30   0.52-0.57  6.37-12.55   0.53-0.80
----------------------------------------------------------------------------
Sub-area             0.4-0.5   0.38-0.41   0.70-1.00  6.37-10.65   0.88-1.14
----------------------------------------------------------------------------



(i) As per previous news releases - CuEq = Cu% + Au g/t x (0.6033) + Ag g/t x
(0.012) and US$2.90/lb Cu, US$1200/oz Au and US$24/oz Ag


In addition to the area that Alder sampled in detail, 66 additional auger holes,
spaced approximately 100 metres apart (see figure), covering an area of 0.45
hectares, and having an average thickness of 2.76 metres, returned average
grades of 0.16% Cu, 0.21 g/t Au and 5.56 g/t Ag. Sampling completed to date does
not encompass the entire tailings area.


Metallurgical work is still required to determine how much of the metal in the
tailings can be recovered and if the recovery methods are economically feasible.


Don Dudek, President and CEO, is quoted: "The addition of a well defined
tailings target with compelling grades further supports Alder's plan to complete
the metallurgical studies required so that a business case for the project can
be developed. This project is more advanced than most in that there is a large
mineral resource already stockpiled on surface."


Alder is currently reviewing financing alternatives to fund the metallurgical
and additional studies that are required, including the sale of a royalty on the
property.


In summary, the Rosita property is well endowed and Alder management strongly
believe that the existing stockpile resource and historic near surface mineral
resources are sufficient to justify defining the metallurgical characteristics
of the stockpiles. In addition, there are numerous exploration targets that
could add significant value to the project. The results of metallurgical studies
of the stockpiles are expected to define a probable processing path, likely
processing costs and which exploration targets to prioritize. Assuming a cost
effective process for extracting the metals is defined, a preliminary economic
assessment would be the subsequent step. 


Quality Assurance/Quality Control

Auger tailings samples were collected into heavy gauge plastic bags, sealed
on-site, then stored at Alder's Rosita field office until transported by company
or laboratory personnel to Inspectorate Exploration and Mining Services' sample
preparation facility in Managua. In Managua, pulps were prepared for shipping to
Inspectorate's Analytical laboratory in Reno, Nevada, where each sample was
analyzed via one assay-tonne fire assay for gold and 30 element ICP (Inductively
Coupled Plasma-atomic emission spectrometry) methods for copper, silver and 28
other elements.


Alder has implemented an industry standard Quality Assurance/Quality Control
program that includes the insertion of certified standards and blanks into the
sample stream. Standards for the exploration program were prepared by WCM
Minerals of Burnaby, B.C. Based on the types of mineralization identified in the
region and the anticipated grades, four standards were selected for the program,
including CU157, CU159, CU164 and CU186. The recommended Cu-Au-Ag-Mo values for
the four geochemical standards are shown in Table 4 below. Blanks were prepared
from a felsic tuff unit (the Quaternary Las Sierras Formation) which crops out
at Tipitapa, east of Managua. Apparently several other mining companies have
used this material in the past, and shown it to be void of Au-Ag mineralization,
although our own analyses indicate that it frequently returns anomalous Cu
values in the 100 to 300 ppm range. The QA/QC program was more rigorous for the
tailings sampling program consequently, only these results are discussed below.
In addition to Alder's QA/QC program, Inspectorate has established an internal
control system that includes the insertion of standards every 30 samples;
however, these have not been evaluated.


Qualified Persons

The sampling program was carried out under the supervision of Joe Arengi, M.Sc,
P.Geo, Alder's past President and CEO and a qualified person as defined by NI
43-101. Don Dudek, P. Geo., Alder's President and CEO and a qualified person as
defined by NI 43-101, has reviewed and approved the scientific and technical
content of this news release.


About Alder Resources Ltd.

Alder is a resource company focused on the development of gold and base metal
projects throughout the Americas. Alder's current high priority Cu-Au-Ag
porphyry target is the Rosita project in Nicaragua located 275 kilometres
northeast of Managua. The company has current Inferred mineral stock pile
resources of 7.95 million tonnes grading 0.62% Cu, 0.46 g/t Au and 9.21 g/t Ag
with numerous zones that have good near term potential to add to and enhance
these resources. See the technical report entitled "Rosita Cu-Au-Ag Project,
RAAN, Nicaragua, NI 43-101 Technical Report on Mineral Resource Estimate of
Rosita Stockpiles" effective as of May 8, 2012, which is available under the
Company's profile at www.sedar.com. 


In August 2011, Alder entered into an option agreement to acquire a 65% interest
in the Rosita D concession from Calibre Mining Corp. by issuing 1,000,000 shares
and incurring expenditures of $4,000,000 over four years. To date Alder has
incurred approximately $3.1 million of the $4.0 million obligation and has until
October 2015 to incur the remaining project expenditures.


For additional information, please visit our website at www.alderresources.ca
and follow us on Facebook, Linked in and Twitter: @AlderResources.


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 Company's mineral
resource estimate, potential mineralization, future plans and the exploration
target. 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 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 operations in foreign jurisdictions; ability to successfully
integrate the purchased properties; 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.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


To view the figure associated with this press release, please visit the
following link: http://media3.marketwire.com/docs/alder0120.pdf 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alder Resources Ltd.
Michael McAllister
416-309-2134
info@alderresources.ca
www.alderresources.ca

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