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File: ALD - Commencement Drilling LV NR (10.26.16).pdf

 ALDEVER RESOURCES INC.         2200 HSBC Building   885 West Georgia St, Vancouver, BC, V6C 3E8   www.aldever.com



            ALDEVER COMMENCES DIAMOND DRILLING AT LAC VILLEBON, VAL D'OR QUEBEC

October 26, 2016

Aldever Resources Inc. (ALD--TSXV) (ALDVF--OTCQB) (17G1--Frankfurt) is pleased to provide an update on its
diamond drilling program at its Lac Villebon Project in Val d'Or, Quebec.

To date, three holes, totalling 540m, have been completed at the north end of the JR Zone, and successfully
penetrated the shear zone and fault zone in the north, both of which were intensely graphitic. In addition,
pyrrhotite-pyrite mineralization and shear fill have been confirmed at depth with local sphalerite and chalcopyrite
present.

Regarding the drilling, President Clive Massey commented: "Thus far, the drilling is both on budget and on target.
Holes were collared where in previous prospecting programs the highest gold and silver anomalies were noted. The
heavily altered rocks and the presence of sulfide mineralization is very much what we expected to encounter. This is
an excellent start and we hope to have the program wrapped up in two to three weeks' time."

A total of twelve NQ2 holes are planned to test the primary splay of the Cadillac Tectonic Zone (the "CTZ") that
bisects the property as well as the JR Zone. The JR Zone is a strongly silicified and locally graphitic shear zone,
subparallel to the CTZ, identified as both a magnetic and electromagnetic anomaly in ground VLF-EM/ Mag data.
Earlier this year, short-hole outcrop drilling intersected mineralization within the JR Zone. Assays returned multiple
anomalous element values including 0.132 g/t Au over 0.65m and 36.7 g/t Ag over 0.56m. Assays from 57 core
samples ranged from trace to 0.132 g/t Au and averaged 0.003 g/t Au and from trace to 36.7 g/t Ag with a 1.815
g/t Ag average. The Company intends on completing up to 3000m of drilling. Additionally, the Company will
continue its prospecting activities, soil sampling and outcrop drilling on the southern extent of the JR Zone.


About the Lac Villebon Project
The Lac Villebon Gold project covers an area of approximately 1855 hectares on the western shore of Lac Villebon
and the Project's mineral claims are contiguous with the southern border of Alexandria Minerals' Cadillac Break
Property Group. The Project is 31 kilometers southeast of the historic Sigma and Lamaque Mines which are
currently controlled by Integra Gold Corp. and produced ~ 9.1M oz Au*. The Lac Villebon Gold Project is also
~18km southeast of Agnico Eagle Mines Limited's Akasaba West deposit, which was acquired from Alexandria
Minerals Corporation in 2014 and hosts an indicated gold resource* of approximately 200,000 oz Au. Other active
companies in the immediate area include Glencore (GLNCY), 1.5km to the south, and Monarques Gold Corporation
(MQR-V) and Cartier Resources Inc. (ECR-V) to the northeast. The project is easily accessible year-round by the
Trans-Canada Highway and is a 40-minute drive from the city of Val-d'Or.

*These estimates of gold production and resources are sourced from publicly available materials from other
companies active in the Val' d'Or Mining Camp and are not located on the Lac Villebon Property . Aldever has not
undertaken any independent investigation of the production/resource estimates nor has independently analyzed
the publicly available results.
 The technical contents of this news release have been reviewed by Abby Peterson, P. Geo. Ms. Peterson is
registered in the Province of Quebec, is a Qualified Person as defined by NI 43-101 and has approved this news
release.

For further information, please contact:

Clive Massey, President
Aldever Resources Inc.,
Phone: (604) 622-1199

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains "forward-looking information" that is based on Aldever's current expectations, estimates, 
--->forecasts
and projections. This forward-looking information includes, among other things, statements with respect to Aldever's
exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are int
--->ended to
identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties
---> and
other factors that may cause Aldever's actual results, level of activity, performance or achievements to be materially
---> differ ent
from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: unc
--->ertainties
related exploration and development; the ability to raise sufficient capital to fund exploration and development; chan
--->ges in
economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other j
--->udicial,
regulatory, political and competitive developments; technological or operational difficulties or inability to obtain p
--->ermits
encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of th
--->e factors that
may affect our forward-looking information. These and other factors should be considered carefully and readers should 
--->not
place undue reliance on such forward-looking information. Aldever disclaims any intention or obligation to update or r
--->evise
forward-looking information, whether as a result of new information, future events or otherwise