Expands potential Louisvuitton of mineralized structure Since drilling commenced in april,8 holes have been completed at the la bonanza zone and4 at the la verde zone,1.1 km to the west of La Bonanza.Recent drill results from la verde are encouraging, adding additional evidence that the gold/silver/base metal system continues on trend between la bonanzaAndla verde at depth.Surface mineralization at angeles on the main structure has been identified over a total of3.0 km of strike length.Subsequent to previously released drilling at la bonanza zone, one additional hole, ad1308, was completed, down dip from holes ad1303Andad1307(See news release dated may23,2013).Highlights of assay results from this hole include:A complete list of drill hole intercepts can be found by clicking here.Drilling recently recommenced at the la bonanza zone.Additional drilling is designed to test the angeles mineralized system on150 m to200 m step outs along strike(EastAndwest)From previous drilling.The current program, which is about70% complete, is part of exeter's $1 million committed exploration program at angeles.The program is largely related to a planned2,500 m of drilling at the la bonanzaAndla verde target areas, pursuant to an agreement whereby exeter can earn up to70% in the angeles property.For agreement details see exeter's news release dated march4,2013.1.A silver to gold ratio of50:1 was used for gold equivalent ("Aueq")Calculations. Metallurgical recoveriesAndnet smelter returns are assumed to be100% for theseCalculations.2.Drill intervals reported are down hole intercepts.True widths are yet to be determined but are interpreted to range between75100%.3.San marco Resources is the project operator until exeter earns an initial51% interest.4. Copper, leadAndzinc values are not included in AueqCalculations.5.Drill core recovery of the announced mineralized zones is generally greater than 90%, unless otherwise noted.6.Drilling is proceeding with hq drill core unless otherwise noted.7.Assay intervals were selected using visuals of geologyAndmineralization, therefore no cutoff grade was used.8.Drill hole lv03 did not intersect significant mineralization. BlanksAndcertified standards were inserted into the sample stream as part of San Marco's quality assuranceAndcontrol program, which complies with National Instrument43101 requirements.Core samples are split using a hydraulic splitter, with one half retained in secure storage for logging,Andthe other half sent to als chemex lab in hermosillo, sonora, mexico. All samples are prepared using the PREP31 method.125 gram pulps are sent to ALS Chemex Lab. A30 gram split is analyzed for gold, using the AuAA23 method. Sample results greater than10 ppm are reassayed, using AA23 fire assayAndgravimetric finish.For silver, copper, leadAndzinc, a multielement, four acid digestion(ME ICP61 is used. For initial assays of silver >100 ppm, copper, leadAndzinc >10, 000 ppm (Over limits), the OG62 method is used for reanalysis.Matthew williams, exeter exploration managerAnda"Qualified person" ( within the definition of that term in National Instrument43101, Standards of Disclosure for Mineral Projects, has verified the technical information that forms the basis for this news release.Exeter is a canadian mineral explorationAnddevelopment company. Its principal focus is the advancement great deals on handbags of its100% owned Caspiche goldcopper project in Chile.Caspiche is one of the largest undeveloped goldcopper deposits in the america'sAndis situated in the maricunga gold district, between the maricunga mine(Kinross gold corp. )And the cerro casale goldcopper deposit(Barrick gold corp.And kinross gold corp. ).The company continues to evaluate new opportunities related to the advancement of caspiche,Andnew industry wide opportunities with the objective of securing properties, which offer near term discovery potential.Exeter has completed prefeasibility studies that demonstrate the potential for commercializing caspiche.The company currently has cash Reserves of cad$45 millionAndno debt.Safe harbour statement this news release contains"Forwardlooking information"And"Forwardlooking statements" (Together, the"Forwardlooking statements") within the meaning of applicable securities lawsAndthe United States Private Securities Litigation Reform Act of1995, including in relation to the Company's belief as to the extentAndtiming of its drilling programs, various studies including prefeasibility studies, engineering, environmental, infrastructureAndother studies,Andexploration results, budgets for its exploration programs, the potential tonnage, gradesAndcontent of deposits, timing, establishmentAndextent of Resources estimates, potential for financing its activities, potential production fromAndviability of its properties, availability of water, power, surface rightsAndother Resources, permitting submissionAndtiming, potential to acquire new projectsAndexpected cash Reserves.These forwardlooking statements are made as of the date of this news release.Readers are cautioned not to place undue reliance on forwardlooking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forwardlooking statements will occur or that plans, intentions or expectations upon which the forwardlooking statements are based will occur. While the Company has based these Forwardlooking 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 occurAndare subject to risks, uncertainties, assumptionsAndother factors which could cause events or outcomes to differ materially from those expressed or implied by such Forwardlooking statements. In addition, there are knownAndunknown 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 Forwardlooking statements.Although the company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forwardlooking 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 Forwardlooking statements will prove to be accurate, as actual resultsAndfuture events could differ materially from those anticipated in such statements.Accordingly, readers should not place undue reliance on forwardlooking statements.The company is under no obligation to update or alter any forwardlooking statements except as required under applicable securities laws. Cautionary Note to United States Investors The information contained hereinAndincorporated 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".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.Investors should also understand that"Inferred mineral resources" have a great amount of uncertainty as to their existenceAndgreat uncertainty as to their economicAndlegal 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 tonnageAndgrade 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.