Wednesday 26th October 2016

Resource Clips

Exeter reports Chile Gold Assays as high as 0.60 g/t over 908m

Exeter Resource Corporation TSX:XRC announced results from its Caspiche Project in northern Chile. Assays include 0.6 g/t gold over 908 metres, 0.78 g/t gold over 572 metres, 0.38 g/t gold over 1,146 metres (including 0.55 g/t over 378 metres) and 1.25 g/t gold over 376 metres.

Project Manager Justin Tolman said, “The results from this 6,600-metre drilling program demonstrate the continuous nature of the Caspiche mineralization and support the integrity of our geological model. AMEC International has now been retained to begin work on an updated resource estimate. The inclusion of the results from this additional drilling in the upcoming resource estimate update should allow us to consider economic extraction of higher grade portions of the deposit currently classified as inferred within our pre-feasibility study, currently in progress.”

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Bryce Roxburgh

or Rob Grey
VP Corporate Communications

by Ted Niles

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