Exeter Resource Corporation, Vancouver, BC., TSX: XRC; NYSE-A:XRA; FRANKFURT : EXB

The

Caspiche project, Chile has an inferred NI43-101compliant resource of 19.6 million ounces of gold, 40 million ounces of silver and 4.84 billion pounds of copper (a total of32.4 million gold equivalent ounces). Exploration activities including drilling, metallurgy and engineering studies are continuing.

The

Cerro Moro project, Argentina has an inferred NI43-101 compliant resource of 646,000 ounces gold equivalent**, at a grade of 18 g/t gold equivalent* (0.52 oz./ton). The Escondida vein contributes 518,000 ounces gold equivalent** at a grade of 34 g/t gold equivalent** (1.0oz./ton). The Company intends to advance the project to a production decision by mid 2010.

Stock Details

(as of Nov 27, 2009)

Shares Issued: 72 million

Warrants Issued: 903,000

Options: 9.5 million

Fully Diluted: 83 million shares

Treasury: C$74 million