Exeter to Present at the American Stock Exchange Fifth Annual Precious and Base Metals Investor Conference
March 24 2008 - 2:12PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (AMEX: XRA)(FRANKFURT: EXB)
("Exeter") announces its participation in the Fifth Annual Precious
and Base Metals Investor Conference to be held this year on March
26, 2008 at The Harvard Club of New York City. The conference,
which is being held by the American Stock Exchange and sponsored by
BMO Capital Markets, will feature 32 precious and base metals
companies.
Mr. Yale Simpson, Executive Chairman of Exeter, will be in Track
1 and will be presenting at 11:30 a.m. For a complete schedule, or
to register to attend the conference, please contact Erika Kay of
the Amex IR Alliance at (212) 896-1208 or ekay@kcsa.com.
About Exeter
Exeter Resource Corporation is a Canadian mineral exploration
company focused on the discovery and development of gold,
gold-copper and silver properties in South America.
The Cerro Moro Gold-Silver Project (100% owned by Exeter) in
Santa Cruz Province, Argentina is generating high grade to 'bonanza
grade' drilling results within an extensive epithermal vein system,
located 80 miles east of the Cerro Vanguardia gold mine. Drilling
will continue through 2008 using as a minimum three drill rigs. Our
focus is to establish a high grade gold-silver resource amenable to
open pit mining.
The Company currently has three rigs drilling its Caspiche gold
porphyry project in Chile, located between the Refugio mine
(Kinross Mining Corp.) and the giant Cerro Casale gold project
(Barrick Gold Corp. and Kinross Mining Corp.).
As a result of recent political developments in Mendoza
Province, Argentina, the further development of the advanced Don
Sixto Gold Project has been put on hold. The Company has filed suit
in the Mendoza Courts to challenge the constitutionality of new
legislation, which has the effect of banning conventional mining in
the province. The Company will continue to work with authorities in
Mendoza, and with representatives of other mining companies, to
effect legislative amendment.
In 2008, Exeter plans to explore other gold-silver targets in
prospective regions of Patagonian Argentina and Chile. The Company
gained a broad foothold in the region through separate strategic
alliances with Cerro Vanguardia S.A. (an AngloGold Ashanti
subsidiary), and Rio Tinto Mining and Exploration Chile.
You are invited to visit the Exeter web site at
www.exeterresource.com.
EXETER RESOURCE CORPORATION
Yale R. Simpson, Executive Chairman
Safe Harbour Statement - This news release contains
"forward-looking information" and "forward-looking statements"
(together, the "forward-looking statements") within the meaning of
applicable securities laws and the United States Private Securities
Litigation Reform Act of 1995, including the Company's belief as to
the timing of its drilling programs and exploration results.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to vary from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Factors that could cause actual results
to differ materially from the forward-looking statements include,
among others, risks associated with project development; the need
for additional financing; operational risks associated with mining
and mineral processing; fluctuations in metal prices; title
matters; uncertainties and risks related to carrying on business in
foreign countries; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest
among certain officers, directors or promoters of the Company with
certain other projects; the absence of dividends; currency
fluctuations; competition; dilution; the volatility of the
Company's common share price and volume; and tax consequences to
U.S. investors; and other risks and uncertainties, including those
described in the Company's Annual Report on Form 20-F for the
financial year ended December 31, 2006, dated April 2, 2007 filed
with the Canadian Securities Administrators and available at
www.sedar.com. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. All statements are made as of the date
of this news release and the Company is under no obligation to
update or alter any forward-looking statements except as required
under applicable securities laws.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
Contacts: Exeter Resource Corporation B. Roxburgh President
(604) 688-9592 or Toll Free: 1-888-688-9592 Exeter Resource
Corporation Rob Grey VP Corporate Communications (604) 688-9592 or
Toll Free: 1-888-688-9592 (604) 688-9532 (FAX) Email:
exeter@exeterresource.com Website: www.exeterresource.com
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