🕐01.12.09 - 03:46 Uhr

EXETER TO PRESENT AT AGORACOM ONLINE GOLD AND COMMODITIES CONFERENCE – DECEMBER 3, 2009



You can view online version http://exeterresource.cmail4.com/t/y/e/uilhuu/yukhjujui/ or unsubscribe http://exeterresource.cmail4.com/t/y/u/uilhuu/yukhjujui/ from our list. EXETER TO PRESENT AT AGORACOM ONLINE GOLD AND COMMODITIES CONFERENCE – DECEMBER 3, 2009 Vancouver, B.C., November 30, 2009 – Exeter Resource Corporation (AMEX:XRA, TSX:XRC), is pleased to announce that Yale Simpson, Executive Chairman will present at the inaugural AGORACOM on December 3rd and 4th, 2009. EXETER extends an invitation to shareholders and investors to view our presentation and attend this event.

The online nature of the conference will allow investors to connect with small and mid-cap resource companies faster, better and cheaper thanks to the elimination of all travel, lodging and time away from work. AGORACOM anticipates investors from more than 50 countries will participate. CONFERENCE DETAILS WHERE: Online – http://agoracom.com/conferences
WHEN: December 3rd and 4th, 2009 EXETER PRESENTATION: Thursday, December 3rd at 1:30 EST REGISTRATION: Investors Register for free using form in right hand column of any page FORMAT: A 15-minute presentation followed by live Q&A in monitored HUB TECH REQUIRED: Your web browser KEYNOTE SPEAKERS Keynote presenters at the conference include some of the most accomplished industry speakers and financial bloggers in the world: Peter Grandich - Chief Commentator, AGORACOM.com Eric Coffin - Co-Producer of The Hard Rock Analyst Publications Barry Ritholtz - Author Of The Big Picture Rated The Webs #1 Financial Blog Paul Kedrosky - Author Of Infectious Greed Rated The Webs #2 Financial Blog Jean-Francois Tardif - 2007 Best Canadian Hedge Fund Manager Gregor Macdonald - The Top Ranked Energy Analyst On StockTwits Blog Network
Official Conference Blog: Official Conference Twitter: ABOUT EXETER Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America.

The Company has C$74 million in its treasury. On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 1.12 grams per metric ton silver, including 1,017 Mt at a grade of 0 .22% copper.

This equates to in-situ inferred resources of 19.6 million ounces of gold, 40 million ounces of silver and 4.84 billion pounds of copper (a total of 32.4 million gold equivalent ounces*.

Drilling with 6 rigs is underway to expand and upgrade the resource estimate. On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent** at a grade of 18 g/t gold equivalent**.

The Company has drilled over 200 infill holes on the Escondida vein structure, principally to upgrade the sectors of the inferred resource that might be scheduled for early mining.

Drilling with 4 rigs to expand the deposit is underway and will continue into 2010.

Engineering, environmental and infrastructure studies are being advanced ahead of a scoping study in 2010. Matthew Williams, Exeters Exploration Manager and Justin Tolman, Exeters Caspiche Project Manager both considered a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this shareholder communication. You are invited to visit the Exeter web site at www .exeterresource.com *Gold ("Au") equivalence for copper ("Cu") and silver ("Ag") was calculated by Exeter using assumed metal prices of US$800/ounce ("oz") for Au, US$12/oz for Ag and US$2/pound ("lb") for Cu.

The formula to calculate Au equivalence for Cu was pounds of Cu multiplied by 2 and divided by 800; Au equivalence for Ag was calculated using the formula oz of Ag multiplied by 12 and divided by 800, and in both cases assumes 100% recovery. Reported grades and metric tons have been rounded (see news release NR 9-22 dated October 20, 2009). **Inferred mineral resource estimate of 1,098 Mt containing 371 ,000 ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t gold equivalent.

Gold equivalent is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery (see news release NR 9-14 dated July 8, 2009). Robert Grey Vice President – Corporate Communications For further information, please contact: Rob Grey, VP Corporate Communications Tel: 604.688.9592 Fax: 604.688.9532 Toll-free: 1.888.688.9592 Suite 1260, 999 West Hastings St. Vancouver, BC Canada V6C 2W2 [] Safe Harbour Statement – This shareholder communication 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 extent and timing of its drilling programs, various studies including engineering, environmental, infrastructure and other studies, and exploration results, budgets for its exploration programs, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates, potential for financing its activities, potential production from and viability of its properties and expected cash reserves.

These forward-looking statements are made as of the date of this shareholder communication.

Users of forward-looking statements are cautioned that actual results may vary from the forward-looking statements contained herein.

While the Company has based these forward-looking statements on its expectations about future events as at the date that such statements were prepared, the statements are not a guarantee of the Companys future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information.

In addition, there are also known and unknown risk factors which could cause the Companys actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements.

Known risk factors include 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 Companys common share price and volume; tax consequences to U.S.

investors; and other risks and uncertainties, including those described in the Companys Annual Information Form for the financial year ended December 31, 2008, dated March 27, 2009 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.

The Company is under no obligation to update or alter any forward looking statements except as required under applicable securities laws. NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS SHAREHOLDER COMMUNICATION.
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