SUN VALLEY, IDAHO--(Marketwired - Oct. 31, 2016) - Sun Valley Gold LLC ("Sun Valley") announced today that it has acquired control and direction over an aggregate of 57,118 common shares ("Common Shares") of Exeter Resource Corporation ("Exeter") for and on behalf of client accounts over which it has discretionary trading authority. The Common Shares were acquired over the facilities of the American Stock Exchange for a purchase price of US$1.1482 per share.