Exeter (AMEX: XRA) Shares Jump 14 Percent
Exeter Resource Corp. (AMEX: XRA) shares jumped 50 cents, or 14 percent, to $4.09 in today's afternoon trading, still rocking from yesterday's news regarding diamond drilling on its Casphiche gold porphyry target in Chile.The company announced it has committed to a minimum 5,000 meters of new reverse circulation and diamond drilling, following up on a drill hole that intersected 304 meters of mineralization gold. The company said in a press release that drilling contracts are in the final stages for the commencement of the new program. "We expect the properties to be a 10 million ounce plus deposit," Angus Roxburgh,…
