American Stock Exchange News Release

Equity Release
Media Contact: Melanie Jacobus
American Stock Exchange
212-306-1640/melanie.jacobus@amex.com



AMERICAN STOCK EXCHANGE LISTS COMMON STOCK OF EXETER RESOURCE CORPORATION

New York, November 9, 2006 -  The American Stock Exchange (Amex) today began trading Exeter Resource Corporation under the ticker symbol XRA.

Exeter Resource Corporation is a mining company located in Vancouver, British Columbia that focuses on the discovery, evaluation and mining of gold-silver deposits in Argentina and Chile.

"We are very pleased to welcome Exeter Resource Corporation to the American Stock Exchange," said John McGonegal, Senior Vice President of the Amex Equities Group. "As a world leader in mining listings, we are excited to add Exeter to our expanding list of companies in this sector. We are confident that they will benefit from our market structure and service offerings."

"We have been working to expand our shareholder base and to increase our exposure to the U.S. financial market," said Yale Simpson, Chairman of Exeter Resource Corporation "A listing on the Amex will help us attract new financial partners in the U.S. and provide all of our shareholders with increased liquidity."

The specialist in Exeter Resource Corporation will be Brendan Cryan & Co. For more information on XRA, or any Amex-listed company, please visit www.amex.com.

About American Stock Exchange

The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 205 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com