Alder Files Restated Annual and Quarterly Filings and Amended Geological Report

Alder Resources Ltd. ("Alder") (TSX VENTURE:ALR) has filed on SEDAR an Amended
and Restated annual Management Discussion and Analysis for the fiscal year ended
September 30, 2008. Alder has also filed Amended and Restated quarterly MD&A's
for the fiscal quarters ending December 31, 2008, March 31, 2009 and June 30,
2009. This Press Release is issued to clarify the reasons for the new filings.


After a review of the original filings the British Columbia Securities
Commission advised that it did not consider that the detailed disclosures in
them were in adequate compliance with the requirements of National Instrument
51-102. As a result, Alder has made appropriate revisions to the documents. The
revisions have been done to correct deficiencies in the following MD&A sections:
selected annual information, results of operations, summary of quarterly
results, liquidity and capital resources, related party transactions, changes in
accounting policies including initial adoption and forward-looking statements.
The Amended and Restated documents can be viewed on SEDAR and on the Company's
website: www.alderltd.ca.


The Commission also reviewed the geological report which had been prepared on
the Company's optioned Canadian Creek, Yukon, mineral claims dated July 27,
2009. The authors, Bill Morton, P.Geo. and Colin Russell, P.Geo., prepared the
appropriate revisions in a revised report as of October 25, 2009. The revised
report has also been filed - and can be viewed - on SEDAR.