Exeter Resource Corporation (TSX:XRC) has updated on Caspiche project in central Chile.

As quoted in the press release:

The Company has been conducting geotechnical and metallurgical drilling at Caspiche and water exploration drilling north of Caspiche to place it in a position to commit to a feasibility study (“FS”) on the heap leachable portion of the Caspiche deposit.

Exeter’s Chairman, Mr. Yale Simpson commented:

Exeter is in a unique position for a junior explorer. We have a world class gold-copper asset in an excellent jurisdiction and a very substantial treasury.

Click here to read the Exeter Resource (TSX:XRC) press release.