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Exeter Resource Corp.

TICKER:  AMEX: XRA, TSX.V: XRC, Frkt: EXB
DESCRIPTION:  Exeter Resource Corp. is the most active of the junior gold-silver explorers in Chile and Argentina. The Ccmpany currently has three advanced stage projects with 300,000 feet of drilling planned over the next year on its Cerro Moro and Caspiche discoveries. The recent drilling indicates Caspiche is a major gold-copper porphyry system with minimum surface dimensions of 2000 ft. by 1650 ft. The property is particularly significant as it is located midway between operations owned by Barrick Gold and Kinross Gold. Deposits in the Caspiche district are generally large, dominated by Barrick/Kinross Gold’s nearby Cerro Casale resource (22.9 million ounces). The next program is for 150,000 ft. of drilling. In southern Argentina three drills are defining the Cerro Moro gold-silver deposit in the Santa Cruz mining district. Drilling is returning high grade results from multiple veins on this 375 square mile property. Drill holes have returned up to 12.6 feet at a grade of 3.7 ounces of gold per ton and +300 ounces of silver per ton on the Escondida Vein.

Yale Simpson, Executive Chairman, provides Audio Power Point Presentation on the Caspiche Gold-Copper Discovery in Chile. (4/08) View Presentation online

WEBSITE:  http://www.exeterresource.com
Corporate Update (06/24/08)

The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.

The Gold Report "For the 2008/09 field season, expected to commence in Q4/08. Exeter has planned and
budgeted for 46,000 metres of drilling at Caspiche to establish a NI 43-101 resource
estimate. The company has secured two diamond drill rigs and one RC drill rig. Initial
metallurgical test results announced in Q4/07 from Hole CSR-013 indicate the project is
amenable to heap leaching with recoveries indicated from bottle-roll tests of 80-90% for
the oxide zone and 50-70% for the sulphide zone. Additional metallurgical testing is in
progress." (6/30/08)
-WENDELL ZERB, B.SC., P. GEOL., CANACCORD ADAMS

The Gold Report "Overall, XRA continues to be great value for money with the stock below $4.50; we see the potential for Exeter to evolve into a ten bagger over the course of the next two years. Very few companies have this kind of upside potential with the stock price that is fully supported by the Cerro Moro project all by itself. As longer-term investors looking for high reward and the lowest possible risk, we remain bullish on the outlook for XRA. On a longer range basis, any close above $4.85 would break the share price out above a medium term downtrend, and that should be a sign that the next major advance is underway." (6/24/08)
- Gold StockTechnician, Frank Barbera

The Gold Report "Caspiche continues to show promise. Recent results from Caspiche were released in late April. Significant intercepts from a near-surface gold oxide zone and lower gold-copper sulphide zone were reported. Encouraging is the identification of near-surface leachable gold oxide layer..." (6/5/08)
-CHRIS THOMPSON, HAYWOOD SECURITIES

The Gold Report "Since Hole CSDH-013 was drilled at the end of the 2006/2007 field season,it was not until January 2008 that Exeter was able to commence a 10,000-metre drill program at Caspiche. The 2008 drilling was initiated after the completion of a ground magnetic survey to define structural controls of the mineralization. The first hole for 2008, Hole CSD-014, was drilled approximately 300 metres south of Hole 13 and intersected 148 metres in the oxide zone with the upper 60 metres in the near surface potentially leachable zone grading 0.7 g/t Au. From a depth of 148 metres on the drill stem, an intersection of mineralized porphyry of 592.7 metres graded 0.44g/t Au and 0.25% Cu. Last week the results from Hole CSD-016 and the remaining assays from Hole CSD-015 were reported. Hole CSD-016 contained the best intersection reported to date from Caspiche with a total intersection of 718.75 metres grading 1.0 g/t Au and 0.38% Cu starting from a depth of 73.0 metres on the drill stem. " (5/13/08)
- Junior Mining Weekly

The Gold Report "Last week the results from Hole CSD-016 and the remaining assays from Hole CSD-015
were reported. Hole CSD-016 contained the best intersection reported to date from
Caspiche with a total intersection of 718.75 metres grading 1.0 g/t Au and 0.38% Cu
starting from a depth of 73.0 metres on the drill stem. This hole was collared 200 metres
northeast of CSD-014 and 200 metres southwest of CSD-015, and is believed to have
intersected mineralization close to the centre of the porphyry system with quartz-
sulphide stockwork mineralization and potassic alteration down the entire length of the
sulphide zone intersection of 626.75 metres which graded 1.08g/t Au and 0.43% Cu. The
overlying oxide zone of 92.0 metres which commenced at 73 metres on the drill stem
graded 0.41g/t Au." (5/6/08)
-WENDELL ZERB, B.SC., P. GEOL., CANACCORD ADAMS

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