ALR

Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to
present assay results for core hole D914 completed in the Rosita D Concession,
in northeast Nicaragua. Located along the western side of the Santa Rita pit
(see figure 1), the drill hole intersected 8 metres grading 29.54 grams per
tonne ("g/t") gold ("Au") from 240 metres. The intercept includes a 2 metre
interval from 241 metres, averaging 110.68 g/t Au, which is comprised of two,
1-metre segments assaying 139.29 g/t Au and 82.07 g/t Au, respectively. If cut
to 30 g/t Au, the 8-metre interval grades 9.38 g/t Au. This high grade intercept
occurs in garnetite skarn and skarn breccia, containing a stockwork of
calcite+quartz+sulphide veinlets with visible gold noted locally in the drill
core. The hole was drilled obliquely to the interpreted northwest trend and the
true width of this intercept is unknown. Further drilling is required to
delineate the geometry of this zone.


These results demonstrate the presence of bonanza grade gold values along a
northwest-trending gold-bearing corridor. This mineralization is primarily gold
with lesser amounts of silver and is distinct from the copper-gold-silver
mineralization associated with skarn and diorite host rocks. Hole D914 is
located 250 metres northwest of previously released hole D910, which intersected
65 metres of skarn mineralization grading 1.48 g/t Au from 50 metres, including
8.0 metres grading 6.90 g/t Au and 4.0 metres grading 3.22 g/t Au (see Alder
press release, May 31, 2012). Hole D912, drilled below D910, returned two
intercepts of 2.0 metres grading 1.45 g/t Au and 4.0 metres grading 1.76 g/t Au
that correlate with the two higher grade intercepts in D910. Based on results to
date, Alder management believes there is reasonable potential to define a high
grade, northwest-trending gold zone in the same area that has historically
produced skarn and porphyry-style copper-gold-silver mineralization and in the
same area that Alder is working to define a skarn and porphyry-style
copper-gold-silver resource.


High grade gold mineralization was also intersected in north-directed angle hole
D911, located on the southwest side of the R-13 pit and 650 metres to the
northeast of holes D910 and D912. There, a 6 metre interval from 173 metres
intersected 1.86 g/t Au and a 1-metre interval from 290 metres returned 30.37
g/t Au, within a broader 3 metre zone from 289 metres assaying 0.80% copper
("Cu"), 10.45 g/t Au, and 21.83 g/t silver ("Ag"). The orientation of this high
grade structure remains unclear, however, its location within a
northwest-striking zone of mineralization identified in the 1970s (referred to
as the R-13 West deposit), indicates that northwest-trending structures may have
a greater influence in localizing precious metals than previously recognized.
High grade gold values have been intersected in three of the fourteen core holes
reported to date (D910, D911, and D914). A total of 18 core holes have been
completed in the Phase One drill campaign at Santa Rita. 


Alder plans to drill additional holes along the interpreted northwest-trending
gold-bearing structural corridors flanking the Santa Rita pit, and also plans to
test several prominent IP geophysical anomalies generated by a recently
completed 79 line-kilometre survey. The goal is to define both a gold-only and a
gold-copper-silver bedrock resource that could compliment the current Inferred
stockpile mineral resource of 7.95 million tonnes grading 0.62% Cu, 0.46 g/t Au
and 9.20 g/t Ag (see Alder press release, May 9, 2012). Results for additional
core holes are pending, including the first two at the Bambana prospect, located
4 kilometres northwest of Santa Rita. 


Results for this and select other drill holes completed at Santa Rita are
summarized in Table 1 and illustrated in Figure 1.




Table 1. Summary of diamond drill hole intercepts at Santa Rita/R-13 area.  
----------------------------------------------------------------------------
                                  Core Length                               
Hole ID       Area From (m) To (m)        (m)  Cu (%)      Au (g/t) Ag (g/t)
----------------------------------------------------------------------------
D911          R-13    173.0  179.0        6.0    0.05          1.86     3.15
----------------------------------------------------------------------------
               and    289.0  292.0        3.0    0.80   10.45 uncut    21.83
----------------------------------------------------------------------------
                                                          10.33 cut         
----------------------------------------------------------------------------
         including    290.0  291.0        1.0    0.48   30.37 uncut    11.60
----------------------------------------------------------------------------
                                                          30.00 cut         
----------------------------------------------------------------------------
D912    Santa Rita    156.0  158.0        2.0    1.24          1.45    12.25
----------------------------------------------------------------------------
               and    197.0  201.0        4.0    0.03          1.76     0.09
----------------------------------------------------------------------------
D913      Sta Rita      low grade values                                    
----------------------------------------------------------------------------
D914      Sta Rita    235.0  250.0       15.0    0.04   15.82 uncut     0.23
----------------------------------------------------------------------------
                                                           5.62 cut         
----------------------------------------------------------------------------
         including    240.0  248.0        8.0    0.04   29.54 uncut     0.29
----------------------------------------------------------------------------
                                                           9.38 cut         
----------------------------------------------------------------------------
         including    241.0  243.0        2.0    0.04  110.69 uncut     0.60
----------------------------------------------------------------------------
                                                          30.00 cut         
----------------------------------------------------------------------------
Au cut to 30.0 g/t; Ag cut to 50.0 g/t. True widths are not known at this   
time.                                                                       



Gold mining has been carried out in Nicaragua continuously since the 1930s and
to date more than 8 million ounces have been produced. Most of this production
is from northeast trending epithermal vein systems including the La Libertad,
Limon and Bonanza mines. Gold mining at the past producing La Luz mine at Siuna,
45 kilometres southwest of Rosita, produced 2.3 million ounces gold from skarn
before closing in 1968. The gold enriched system at Rosita is a new style of
mineralization for Nicaragua and adds greatly to the economic potential of the
Rosita area.


Quality Assurance/Quality Control

All drill holes were collared using HQ-size drill core, and reduced to NQ-size
where necessary. Core was loaded on-site into wooden core boxes and transported
on a daily basis by Company personnel to Alder's secure field office in Rosita,
where geologists logged the holes, and selected intervals for assay. Individual
samples of drill core were sawed, using a 10" diamond blade trim saw. Half of
the sample was retained in the core box, the rest loaded into a pre-numbered,
heavy gauge plastic bag, sealed and then trucked on a weekly basis (by the lab
or by Company personnel) to Inspectorate Exploration and Mining Services'
preparation laboratory in Managua. There, pulps were prepared for shipping to
Inspectorate's Analytical laboratory in Vancouver, where each sample was
analyzed via fire assay for gold and for copper, silver and 28 other elements
using ICP (inductively coupled plasma-atomic emission spectrometry) methods.
Alder has implemented an industry standard Quality Assurance/Quality Control
program that includes the insertion of certified standards and blanks into the
sample stream. 


Qualified Person

John C. Spurney, Certified Professional Geologist (CPG-11007), Vice President
Exploration for Alder 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 target is the
Rosita project in Nicaragua located 275 kilometres northeast of Managua. Also,
the Company has an active reconnaissance program in the country, selectively
evaluating areas of interest.


Alder entered into an option agreement to acquire a 65% interest in the Rosita D
concession from Calibre Mining Corp. (see Alder press release, August 22, 2011)
by issuing 1,000,000 shares and incurring expenditures of $4,000,000 over four
years, of which $500,000 must be spent by October 2012. Alder has completed this
$500,000 expenditure commitment.


Alder intends to continue to build its property position with strategic
acquisitions. 


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 potential mineralization,
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 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.


To view the map associated with this press release, please visit the following link:

http://media3.marketwire.com/docs/ALR94Figure1.pdf

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