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.

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