So, so far we know: that the Capishe deposit at current contains; (and I am only going to show the gold ounces, because thats what we are interested in)

Measured & Indicated gold ounces of 21.3 million ounces at a grade of 0.50 g/t

Inferred gold ounces of 5.1 million ounces at a grade of 0.35 g/t

take note; this is not a typo, it IS 0.50 g/t and 0.35 g/t respectively, and those ARE millions of ounces of gold.

So, we have the grades for that deposit out of the way. What about the dimensions of the Capishe ? Well, here they are:

1)

Drilling

Figure 3 shows the collar locations and provides an indication of the large ore body “footprint” outlined from drilling. Results and modeling indicate an orebody footprint to the mineralised system at +0.3 g/t gold approximately 1 cubic kilometre (0.62 cubic miles) in dimension.To date over 50km of drilling has been completed on the Caspiche porphyry and over 55km including drilling from prior explorers in the area. An updated resource current through to the end of the 2009/2010 program is reported below. The current program has two objectives:. Firstly to add value by converting the highest grade portions of the current inferred resources into the indicated category, and secondly to explore regional targets identified from geological and geochemical work peripheral to Caspiche for satellite deposits analogous to the mineralized Caspiche intrusions.

Figure 3 Caspiche Porphyry prospect, Drill hole collars and traces projected to surface. Accurate to March, 2010

The nominal drill spacing at Caspiche is on the order of 200 by 200 metres on a local grid orientated 060-240 degrees for inferred (lower confidence) resource. Or Reduced to a (staggered) 100m line spacing or closer for indicated and/or measured (higher confidence) resources. This broad spacing is typical for porphyry deposits with low variability such as Caspiche.

2) this is a side view http://www.exeterresource.com/investors/presentations.php

3) this is a looking down view http://www.exeterresource.com/investors/presentations.php

4) look at the scale on the bottom left of the color picture to see how far 500 meters is.

5) this will tell you the depth:

Two main porphyry intrusions, early and early inter-mineral phases, constitute the well mineralised Caspiche stock, with a third, late inter-mineral phase abutting it to the west and south. The well-mineralized stock measures roughly 300 x 400 m in plan view, with a vertical extent of over 1,200m. The early porphyry is blind, being concealed beneath an average of 100 m of pre-mineral volcanic breccia.

6) this may be a better diagram to look at to get the dimensions

http://www.slideshare.net/ExeterResource/exeter-corporate-presentation-may-2010

Cont.......