Member Company Profile

Exeter’s 100% owned Caspiche gold-copper porphyry deposit in Chile is one of the world’s significant mineral deposits, hosting measured and indicated oxide and sulphide mineral resources of 1.7 and 37.9 Moz AuEq, respectively. Unique to Caspiche is its sizeable oxide gold zone and underlying higher grade gold-copper core. This combination offers mining opportunities that range from modest scale oxide heap leach gold production, to larger scale open pit/underground mining of the gold-copper zone.

Caspiche has year round road access and is adjacent to an established power corridor. Exeter has recently secured an option on 50 L/s of desalinated water to advance its first phase heap leach gold option. Numerous potential water supply options exist for larger scale options at Caspiche, including groundwater, industrial water and desalination. Exeter’s water discovery at the Peñas Blancas (option for 90% interest) has confirmed aggregate flow rates of over 400 L/s. The ultimate, cumulative flow rate potential of the aquifer remains open and the technical characteristics of the aquifer are considered excellent. Exeter has applied to Chilean authorities to acquire water rights at Peñas Blancas. Exeter expects to initiate new advanced studies on the oxide gold project using updated capital and operating cost estimates, as well as alternative infrastructure requirements associated with the desalination water source.

IR Contact

Rob Grey
+1 (888) 688-9592
[email protected]
www.exeterresource.com

Address

P.O. Box 41, AXA Place, Suite 1660 - 999 West Hastings Street
Vancouver, BC V6C 2W2
Canada

Cautionary Information

© Copyright 2017, Denver Gold Group & Exeter Resource Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Mr. Zerb has 29 years combined experience in mining, mineral exploration and capital markets/financial analysis. Mr Zerb’s experience includes senior positions related to generative mineral exploration through to open pit and underground mining of base and precious metals. In 1996 he joined an established Vancouver based Investment Dealer as a Mining Analyst, transitioning to Vice President of Research and Institutional Sales, and in 2003 to President and CEO of a wholly owned US subsidiary. In 2005 he joined Canaccord Capital as a Senior Mining Analyst, leaving the organization in 2012 as Director, Research Analyst, Metals and Mining (Canaccord Genuity Inc). Mr. Zerb is a registered Professional Geologist with the Association of Professional Engineers, and Geoscientists of Alberta (APEGA).

Exeter Resource Corp.

NYSE MKT : XRA

Last Updated: March 13, 2017

Information is qualified - read footnotes

Status: Developer
Primary Mineral: Gold
Secondary Mineral: Copper
Primary Country of Operation: Chile
Value Drivers
  • Oxide gold deposit and large, world class gold-copper deposit.
  • Located in an active mining belt next to Barrick and Kinross in Chile, a top tier mining jurisdiction.
  • M&I Mineral Resources [1]: Oxides 1.7 Moz AuEq, Sulphides 37.9 Moz AuEq. Oxide M&I 122 MT @ 0.43 g/t Au, 1.58 g/t Ag; Sulphide M&I 1,282 MT @ 0.52 g/t Au, 0.20% Cu, 1.17 g/t Ag.
Top Shareholders
  • Sun Valley Gold
  • TSP Capital Management Group LLC
  • Global X Management Company
Management
Chairman: Bryce Roxburgh & Yale Simpson
CEO: Wendell Zerb
CFO: Cecil Bond
Other Key Staff: Jerry Perkins - VP Operations
Capital Structure
Common Shares Outstanding: 88,407,753
Float (%): 100.00
Warrants Outstanding: 0
Options Outstanding: 7,445,000
Fully Diluted Shares: 95,852,753
Stock as of Oct 18, 2017 12:55 PM MST | Exchange: NYSE MKT
Last Trade: Aug 3, 2017 12:04 AM MST Local: USD Ch. Since Last
Last Price 1.55 0.00, 0.00% 1.93
Volume 0.00
Avg. Vol. 248.89 K
Bid 1.53 1.53 1.91
Mid 1.62 1.62 2.01
Ask 1.70 1.70 2.12
Open 1.55 1.55 1.93
High 1.55 1.55 1.93
Low 1.55 1.55 1.93
Close 1.55 1.55 1.93
52-Wk High 1.89 1.89 2.35
52-Wk Low 0.67 0.67 0.83
1-Wk High 0.00 0.00 0.00
1-Wk Low 0.00 0.00 0.00
Dividend 0.00 0.00
EPS 0.00 0.00
Market Cap 144.39 M 144.39 M 179.80 M
Price 1 Wk Ago 0.00 0.00 0.00
Price 1 Mnth Ago 0.00 0.00 0.00
Price 3 Mnth Ago 1.60 1.60 1.99
Price 6 Mnth Ago 1.82 1.82 2.27
Price 1 Yr Ago 1.15 1.15 1.43

IR Contact

Rob Grey
+1 (888) 688-9592
[email protected]
www.exeterresource.com

Address

P.O. Box 41, AXA Place, Suite 1660 - 999 West Hastings Street
Vancouver, BC V6C 2W2
Canada

Cautionary Information

© Copyright 2017, Denver Gold Group & Exeter Resource Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Cautionary Statement Regarding Forward Looking Statements, Including Outlook

Mr. Zerb has 29 years combined experience in mining, mineral exploration and capital markets/financial analysis. Mr Zerb’s experience includes senior positions related to generative mineral exploration through to open pit and underground mining of base and precious metals. In 1996 he joined an established Vancouver based Investment Dealer as a Mining Analyst, transitioning to Vice President of Research and Institutional Sales, and in 2003 to President and CEO of a wholly owned US subsidiary. In 2005 he joined Canaccord Capital as a Senior Mining Analyst, leaving the organization in 2012 as Director, Research Analyst, Metals and Mining (Canaccord Genuity Inc). Mr. Zerb is a registered Professional Geologist with the Association of Professional Engineers, and Geoscientists of Alberta (APEGA).



Notes

[1] See Exeter website or Sedar, Amended NI 43 -101 Technical Report on the Caspiche Project. Effective date April 30, 2014.The economic analysis contained in the PEA is considered preliminary in nature. There is no certainty that economic forecasts outlined in the PEA will be realized. Gold Equivalent (AuEq) was calculated as follows: Gold, silver and copper values adjusted for recovery expectations, were multiplied by relevant metal price used in the PEA; these values were totaled and divided by the gold price used in the PEA.