Exeter Resource Corporation (NYSE MKT:XRA) (NYSE Amex:XRA) (TSX:XRC) (FRANKFURT:EXB) ("Exeter" or the "Company") announces the resignation of Mr. Louis Montpellier from the board of directors and also as Vice President Corporate Development and Legal Counsel. Exeter would like to thank Mr. Montpellier for his service to the Company and extend its best wishes in his future endeavours.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President and CEO

Contacts: Exeter Resource Corporation B. Roxburgh President 604.688.9592 or Toll Free: 1.888.688.9592 604.688.9532 (FAX) Exeter Resource Corporation Rob Grey VP Corporate Communications 604.688.9592 or Toll Free: 1.888.688.9592 604.688.9532 (FAX) Exeter Resource Corporation Suite 1660, 999 West Hastings St. Vancouver, BC Canada V6C 2W2exeter@exeterresource.com

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