Alder Resources Ltd.
TSX VENTURE : ALR

November 17, 2010 23:25 ET

Alder to Attend San Francisco Hard Assets Conference, November 21-22

TORONTO, ONTARIO--(Marketwire - Nov. 17, 2010) - Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to announce that it will be attending the San Francisco Hard Assets Conference on November 21-22 at the San Francisco Marriott Marquis, booth # 617.

Rene Bharti, President and CEO and Simon Marcotte, Vice President will be in attendance and able to provide information regarding the Company's recent developments, its present exploration program, and ongoing strategies for continued growth.

"Alder welcomes this opportunity to update the investment community. With the positive atmosphere surrounding gold exploration projects in Colombia, Alder is proud to be the representative Colombian gold company within the Forbes and Manhattan group of companies," commented Rene Bharti, President and CEO.

About Alder Resources

Alder Resources is a Colombian-based company focused on gold development at its La Montanita property 40 km northeast of Medellin, as well as accretive acquisitions in the area. The La Montanita property is approximately 80 km from Continental Gold's Buritica asset.

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. 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 the Company 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 operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although the Company 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. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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