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    Alder Drills 12.9 g/t Silver Over 15.0 Metres at Rosita

    Investing News Network
    Mar. 01, 2012 03:13PM PST
    Silver Investing

    Alder Resources Ltd. (TSXV:ALR) announced results from drilling at the Nicaragua-based Rosita project.

    Alder Resources Ltd. (TSXV:ALR) announced results from drilling at the Nicaragua-based Rosita project.

    As quoted in the press release:

    A trench located in the Bambana area, which is four kilometres northwest of the Santa Rita pit and one kilometre southwest of two historic diamond drill holes, returned 12.0 metres grading 3.32% Cu, 0.22 g/t Au and 37.55 g/t Ag (13.93 g/t Ag with high grade values cut to 50.0 g/t).

    Alder Resources’ President and CEO, Joseph Arengi said:

    These RC drill results go a long way toward demonstrating that the Rosita mine stockpiles contain a significant amount of copper-gold-silver mineralization. Of particular interest is that this material may now be economically significant and, on the basis of current and previous work, the potential to identify additional mineralization is deemed excellent.

    Click here for the Alder Resources Ltd. (TSXV:ALR) press release.

    tsxv:alrdrill results
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