Alder Announces Inferred Resource Estimate for Nicaraguan Property

Alder Resources Ltd. (TSXV:ALR) announced that it has received the results of a NI 43-101 compliant inferred resource estimate for its Nicaraguan Rosita property.

As quoted in the press release:

The resource estimate totals 108.5 million pounds (“lbs.”) copper (“Cu”), 118,500 ounces (“ozs”) gold (“Au”) and 2.35 million ozs silver (“Ag”) contained within 7.95 million tonnes. This resource is based on a cutoff of 0.15% copper equivalent (“CuEq”), and averages 0.62% Cu, 0.46 g/t Au and 9.21 g/t Ag, for a 1.01% CuEq.

Click here to read the full Alder Resources Ltd. (TSXV:ALR) press release.