Exeter Resource Corporation

Advancing the world-class Caspiche project in Chile

Caspiche, Chile

Drilling

The figure below shows the collar locations and provides an indication of Exeter’s large mineral deposit outlined from drilling. To date over 75km of drilling has been completed on the Caspiche porphyry and over 60km including drilling from prior explorers in the area.

In February 2017, Exeter commenced a 6,000 metre drill program on Caspiche. The program is designed to improve the definition of the known oxide gold zone and other potentially leachable gold zones currently not included in the oxide gold heap leach mine plan.

map2

Figure: Caspiche Porphyry prospect, drill hole collars and traces projected to surface. (September, 2010)