Exeter Resource Corporation

Published : May 04th, 2016

May 4, 2016 Exeter Resource Corporation Announces Filing of Annual Report on Form 20-F Download PDF

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

May 4, 2016 Exeter Resource Corporation Announces Filing of Annual Report on Form 20-F Download PDF

Microsoft Word - XRCNR1601_Filing of 20F on Edgar_May 2016_FINAL

For Immediate Release: NR 16-01

Exeter Resource Corporation Announces Filing of Annual Report on Form 20-F

Vancouver, B.C., May 4, 2016 Exeter Resource Corporation (NYSE-MKT:XRA, TSX:XRC, Frankfurt:EXB - "Exeter" or the "Company") announces that it has filed its 2015 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC"). Exeter's Form 20-F is available on its website at www.exeterresource.com under the heading "Form 20-F - For fiscal year ended December 31, 2015" and on the SEC's website at www.sec.gov. In addition, Exeter has filed its Audited Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2015 with Canadian regulatory authorities and they are available on the SEDAR website at www.sedar.com and the Company website.

Holders of Exeter's securities may receive a printed copy of the Company's audited financial statements, free of charge, upon request to the Corporate Secretary at P.O. Box 41, AXA Place, Suite 1660, 999 West Hastings Street, Vancouver, BC Canada V6C 2W2, or calling Toll-Free: 1-888-688- 9592.

If you have any questions regarding Exeter, or would like a complete presentation forwarded to you, please contact Mr. Rob Grey, VP Corporate Communications at Toll-free: 1.888.688.9592 or by email at [email protected]

About Exeter

Exeter Resource Corporation is a Canadian mineral exploration company focused on the exploration and development of the Caspiche project in Chile. The project is situated in the Maricunga gold district, between the Maricunga mine (Kinross Gold Corp.) and the Cerro Casale gold deposit (Barrick Gold Corp. and Kinross Gold Corp.). The discovery represents one of the largest mineral discoveries made in Chile in recent years.

On December 19, 2014, Exeter announced the filing of an Amended NI 43-101 Technical Report on the Caspiche Project ("2014 PEA"). See the Exeter web site or Sedar for the details regarding the 2014 PEA. The 2014 PEA was initiated with the aim of indicating the development optionality of this world class discovery. Potential new development options for Caspiche, include a low capex, heap leach gold option to initiate production, and follow on options that target the higher grade gold - copper zone.

The Company currently has cash reserves of C$20 million and no debt.

EXETER RESOURCE CORPORATION

Wendell Zerb, P. Geol President and CEO

For further information, please contact:

Wendell Zerb, CEO or

Rob Grey, VP Corporate Communications Tel: 604.688.9592 Fax: 604.688.9532

Toll-free: 1.888.688.9592

Suite 1660, 999 West Hastings St. Vancouver, BC Canada V6C 2W2 [email protected]

A. Disclaimer: The economic analysis contained in the 2014 PEA is considered preliminary in nature. There is no certainty that the economic forecast outlined in the 2014 PEA will be realized. No inferred mineral resources were used in the PEA. See Exeter's website or Sedar for the news release dated December 19, 2014: Amended NI 43-101 Technical Report on the Caspiche Project; Effective date: April 30, 2014. Wendell Zerb, Exeter´s President & CEO and a "qualified person" (¨QP¨) within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this corporate update.

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 in relation to the Company's belief as to the potential significance of water discovered, the potential to establish new opportunities for the advancement of Caspiche, results from preliminary economic assessment including estimated annual production rates, capital and production costs, water and power requirements and metallurgical recoveries, expected taxation rates, potential for securing water rights and adequate water and potential approval of water extraction, potential for reduced power costs, potential to acquire new projects and expected cash reserves. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. 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 that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among 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 negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause the Company's 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; including risks associated with the failure to satisfy the requirements of the Company's agreement with Anglo American on its Caspiche project which could result in loss of title; the need for additional financing; operational risks associated with mining and mineral processing; risks associated with metallurgical recoveries, risks associated with operating in areas subject to drought conditions and scarcity of available water sources, power availability and changes in legislation affecting the use of those resources; fluctuations in metal prices; title matters; uncertainty and risks associated with the legal challenge to the easement secured from the Chilean government; 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; tax consequences to U.S. investors; and other risks and uncertainties, including those described herein and in the Company's Annual Information Form for the financial year ended December 31, 2015 dated March 22, 2016 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.

Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In particular, the term "resource" does not equate to the term "reserve". The Securities Exchange Commission's (the "SEC") disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or of a jurisdiction in which its securities are traded. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Disclosure of "contained ounces" is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Chile | All
Gold and Silver Prices for these countries : Chile | All

Exeter Resource Corporation

PRODUCER
CODE : XRC.TO
ISIN : CA3018351047
CUSIP : 301835104
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Exeter is a gold and copper producing company based in Canada.

Exeter holds various exploration projects in Argentina and in Chile.

Its main asset in production is MARICUNGA in Chile and its main exploration properties are VERDE, LA CALANDRIA, LA RUBIA, DOMO, LA CABEZA, DON SIXTO and ROSARITA in Argentina and CASPICHE, MAGALLANES and SIDERAL in Chile.

Exeter is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 171.1 millions as of today (US$ 135.1 millions, € 115.1 millions).

Its stock quote reached its lowest recent point on October 25, 2002 at CA$ 0.16, and its highest recent level on January 15, 2010 at CA$ 9.32.

Exeter has 88 660 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Exeter Resource Corporation
2/4/2009Exeter on Its Way to Mid-Tier Gold Producer Status
Financings of Exeter Resource Corporation
2/11/2009bought deal equity financing
3/6/2008arranges $35.01-million private placement
Option Grants of Exeter Resource Corporation
5/3/2011Grants 900,000 options at $5,00
Nominations of Exeter Resource Corporation
1/24/2008ENGAGES MICHAEL MCPHIE AS EXECUTIVE VICE PRESIDENT
Project news of Exeter Resource Corporation
12/3/2013Provides Exploration Update at La Buena
9/23/2013(Caspiche)Embarks on a New Strategy for the Caspiche Gold-Copper Proje...
9/17/2013Reports: Drilling Commences at La Buena Project, Mexico
6/10/2013(Caspiche)Granted Surface Rights to the Caspiche Gold-Copper Project
6/10/2013(Caspiche)Granted Surface Rights to the Caspiche Gold-Copper Project
6/3/2013(Caspiche)Announces JV Agreement for Water Exploration-Updates Caspich...
3/11/2013(Caspiche)Provides an Update on Water Exploration Drilling for Its Cas...
1/9/2013(Caspiche)Begins Water Exploration Drilling for Its Caspiche Gold-Copp...
10/15/2012(Caspiche)Provides Update on Water Exploration and Environmental Studi...
10/15/2012(Caspiche)Provides Update on Water Exploration and Environmental Studi...
10/3/2012(Caspiche)Provides Update on the Caspiche Oxide Gold Heapleach Project
6/26/2012(Caspiche)Provides Update On The Caspiche Gold-Copper Project
1/17/2012(Caspiche)Reports Positive Prefeasibility Study For Its Caspiche Gold ...
9/13/2011(Caspiche)Acquires Water Exploration Concession for the Caspiche Proje...
7/26/2011(Caspiche)Reports Progress on Development Studies at the Caspiche Gold...
6/7/2011(Caspiche)Completes Positive Prefeasibility Study For Its Caspiche Oxi...
3/22/2011(Caspiche)Reports Positive Results from Caspiche Project Sulfide Testw...
3/15/2011(Caspiche)Reports Progress on the Caspiche Stand-Alone Oxide Pre-Feasi...
3/1/2011(Sideral)Options Project Adjacent To Caspiche Gold-Copper Porphyry, ...
2/14/2011(Caspiche)Exercises Option and to Acquires Caspiche Gold Copper Projec...
7/6/2010(Caspiche)New Drilling Results
5/25/2010(Caspiche)New Drilling - High Grade Zone Expands and Remains Open
1/26/2010(Caspiche)Expands New Gold Zone West of Known Caspiche Resource
12/7/2009(Caspiche)Increases Drilling at Caspiche and Cerro Moro to 10 Rigs
11/5/2009(Cerro Moro)Discovers New High Grade Zone at Cerro Moro
10/21/2009(Caspiche)Resumes Drilling and Continues Infrastructure Studies at Cas...
9/22/2009(Cerro Moro)Reports on 40 New Drill Holes at Cerro Moro
9/1/2009(Cerro Moro)Reports on 50 New Drill Holes at Cerro Moro
7/29/2009(Cerro Moro)Reports On 14 New Drill Holes at Cerro Moro
6/15/2009(Caspiche)Drilling Continues to Expand Caspiche Gold Copper Porphyry
3/3/2009(Cerro Moro)signs definitive agreement on Cerro Moro extension
1/18/2009(Cerro Moro)TO OUR SHAREHOLDERS - AN INVESTOR UPDATE
1/13/2009(Caspiche)DRILLING FURTHER EXTENDS MINERALIZATION AT EXETER'S CASPICHE
8/13/2008INDICATES +90% RECOVERIES FOR BOTH GOLD AND SILVER FROM HIGH...
7/29/2008(Cerro Moro)DRILLING LOCATES MAJOR EXTENSIONS TO ESCONDIDA VEIN WITH BON...
6/23/2008(Caspiche)CASPICHE DRILLING INDICATES EXTENT OF GOLD-COPPER PORPHYRY S...
6/23/2008(Caspiche)CASPICHE DRILLING INDICATES EXTENT OF GOLD-COPPER PORPHYRY S...
4/30/2008(Caspiche)DRILLS 719 METRES (2,358 feet) OF 1.0 g/t (0.029 oz/t) GOLD....
4/27/2008(Caspiche)(Video) Exploration update
3/26/2008(Caspiche) DRILLING RETURNS MAJOR GOLD/COPPER INTERSECTIONS ON CASPICH...
3/18/2008(Cerro Moro)NEW DRILLING CONFIRMS TWO SILVER DISCOVERIES AT CERRO MORO
3/5/2008(Cerro Moro)SECURES STRATEGIC PARTNER AND EXPANDS CERRO MORO LAND POSITI...
2/19/2008(Caspiche)DRILLING DEMONSTRATES POTENTIAL FOR MAJOR GOLD COPPER PORPHY...
2/12/2008(Cerro Moro)DRILLING ON THE ESCONDIDA VEIN SYSTEM AT CERRO MORO RETURNS ...
2/5/2008(Cerro Moro)FURTHER EXCEPTIONAL GRADES RECORDED FROM LOMA ESCONDIDA DRIL...
12/18/2007(Cerro Moro)FURTHER EXTENDS HIGH GRADE CERRO MORO VEIN SYSTEM
Corporate news of Exeter Resource Corporation
6/8/2016Jun 7, 2016 Exeter Resource Corporation Reports Voting Resul...
5/4/2016May 4, 2016 Exeter Resource Corporation Announces Filing of ...
12/17/2015Dec 17, 2015 Corporate Update Download PDF
9/25/2015Sep 25, 2015 Exeter’s Denver Gold Show Presentation Download...
9/25/2015Exeter's Denver Gold Show Presentation
9/14/2015Sep 12, 2015 Exeter announces grant of stock options to empl...
9/12/2015Exeter Announces Grant of Stock Options to Employees and Off...
8/29/2015Aug 29, 2015 Exeter announces grant of stock options Downloa...
8/29/2015Exeter Announces Grant of Stock Options
8/22/2015Aug 21, 2015 Exeter announces grant of stock options Downloa...
8/22/2015Exeter Announces Grant of Stock Options
2/27/2014=e2??s Water Entitlement Expanded and Corporate
9/26/2013=e2??s CEO Wendell Zerb Discusses a New Strategy
8/20/2013Announces Step-Out Drill Results from Completed Phase One Dr...
8/1/2013Unusual Trading Activity
7/8/2013Reports on Drilling at Angeles-Expands Potential of Minerali...
5/23/2013Initial Drilling at Angeles Confirms Potential of Mineralize...
4/2/2013Announces Filing of AIF and 40-F
9/25/2012Announces Board and Senior Management Change
3/30/2012Announces Filing of AIF and 40-F
2/15/2012Announces Granting of Stock Options
3/23/2010& Extorre Close Spin-Out and Create Two Independent Companie...
3/13/2010Shareholders Approve Spin-Out to Create Two Independent Comp...
2/11/2010Provides Update on Proposed Spin-Out to Create Two Independe...
2/2/2010Adds Louis Montpellier to Senior Management
1/19/2010Plans to Undertake Spin-Out Transaction to Create Two Indepe...
12/21/2009Added to Standard & Poor=e2??s Global Gold and Global Mining...
11/26/2009Closes C$50 Million Equity Financing
11/9/2009Equity Financing
10/27/2009Lists on the Toronto Stock Exchange Stock Symbol XRC-T
6/8/2009preliminary infrastructure and metallurgy studies at Caspich...
2/27/2009CLOSES $29 MILLION FINANCING
1/31/2009Live Powerpoint Presentation
8/22/2008Attend Denver Gold Show in September
3/27/2008CLOSES $35 MILLION FINANCING
3/24/2008to Present at the American Stock Exchange Fifth Annual Preci...
2/21/2008UNAFFECTED BY SANTA CRUZ GOVERNOR'S LAND USE PLAN
1/24/2008SECOND DRILL ARRIVES ON CASPICHE GOLD-COPPER PORPHYRY PROPER...
1/15/2008 DISCOVERS BONANZA GOLD-SILVER GRADES ON CERRO MORO EXTENSIO...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (XRC.TO)AMEX (XRA)
1.93+2.12%1.55-1.27%
TORONTO
CA$ 1.93
08/08 15:56 0.040
2.12%
Prev close Open
1.89 1.85
Low High
1.85 1.94
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  1.93 -%
Volume 1 month var.
6,000 -%
24hGold TrendPower© : 15
Produces Gold
Develops
Explores for Copper - Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.15-3.77%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 5.77-2.86%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.80-3.75%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.08-11.11%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.05+3.02%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 8.55+1.18%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.18+2.86%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.30+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.50+2.46%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 68.46+0.26%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :