Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) announces that
Mr. Allan Polk has joined its board of directors. 


Mr. Polk is a mining engineer with over 22 years of experience in mine
operations, consulting, feasibility studies and construction projects for both
underground and open pit mines in a variety of commodities at mines and projects
around the world. He is an expert in resource to reserve conversion as a
qualified person for technical reports and as a corporate representative at
operating mines. Mr. Polk recently worked at Pan American Silver Corporation as
the Director of Mining Engineering and was a Principal Engineer at Snowden
Mining Industry Consultants in Vancouver. Mr. Polk has recently been working
with Black Iron, Alderon Iron Ore, Coastal Gold, and Avion Gold in various
capacities in project development and operations improvement.


Mr. Polk's appointment follows the resignation of Mr. Dan Bruno due to other
commitments. The Company gratefully thanks Mr. Bruno for his contributions to
the board.


Don Dudek, Alder's President and CEO, stated: "I wish to thank Dan for his
support and advice over the last few years and wish him well with his other
commitments. Also, I am pleased to welcome Allan to the board. I have worked him
on several projects and have appreciated the high degree of skill and diligence
that he brings to the table. Allan's skills will be put to good use as we work
to advance the Rosita project."


Shares-for-Debt Settlement

Alder has entered into a shares-for-debt settlement agreement whereby Alder will
issue 1,527,760 common shares at a deemed price of five cents per share in
partial settlement of dated accounts payable in the amount of $109,125 owing to
Mr. Joseph Arengi, the former President and Chief Executive Officer of Alder.
The remaining $32,737 owing to Mr. Arengi will be paid in cash upon the
completion of a financing or financings by Alder for aggregate gross proceeds of
at least $1,000,000. The shares-for-debt settlement is subject to the approval
of the TSX Venture Exchange and Alder's shareholders at the Company's upcoming
annual general meeting.


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.


Qualified Person

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.


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 and financing plans and the impact of Mr. Polk's appointment
on the Company. 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.


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

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