20:09:38 EDT Tue 05 May 2026
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Essex Resources Corp
Symbol ESXR
Shares Issued 9,675,000
Close 2026-03-23 C$ 0.23
Market Cap C$ 2,225,250
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Essex Resources talks sampling results at Rabbitt

2026-05-05 16:53 ET - News Release

Mr. Anthony Zelen reports

ESSEX RESOURCES CORP. REPORTS PROGRESS ON EXPLORATION AT RABBITT COPPER SILVER LEAD ZINC PROPERTY IN SOUTH-CENTRAL BRITISH COLUMBIA

Essex Resources Corp. has provided an update on exploration activities at its Rabbitt copper-silver-lead-zinc property, located in the Similkameen mining division of Southern British Columbia. The property encompasses eight contiguous mineral claims comprising a total of 1,048 hectares located approximately 23 kilometres northwest of the town of Princeton, B.C., and 1.3 kilometres west of the village of Tulameen.

The northern portion of the Rabbitt property, covering the upper slopes of Rabbitt Mountain, hosts an extensive group of massive sulphide showings that form a partial ring around the mountain's crest. The company's current geological interpretation suggests that this ring represents the surface expression of a flat-lying, plate-like zone of base metal and precious metal mineralization extending through the mountain.

During the fall of 2025, Essex completed a comprehensive exploration program designed to advance its understanding of this mineralized system. The program included induced polarization (IP) geophysics and total metal ion (TMI) soil geochemical surveys focused on the area surrounding the ring of mineral showings.

The IP survey was conducted along six northeast-southwest-trending lines, totalling approximately 5.9 kilometres in length. Survey lines were spaced 200 metres (656.2 feet) apart, covering an area of roughly one square kilometre (0.37 square mile) within the interpreted mineralized ring. In parallel, the 2025 soil survey consisted of east-west-oriented lines of varying lengths, covering approximately 2.5 square kilometres (0.93 square mile) adjacent to the known showings. A total of 560 soil samples and 16 rock samples were collected during the program.

The company has recently received analytical and geophysical results from Peter E. Walcott and Associates and MSALabs, an accredited geoanalytical laboratory that is independent of the company and the qualified person. Preliminary review of the data has identified several anomalous responses consistent with the presence of sulphide mineralization. Detailed data analysis and interpretation are currently underway, with a comprehensive report further results expected in the near term.

Essex believes these results represent an important step in refining exploration targets across the Rabbitt property and advancing toward potential drill testing. Further updates will be provided as interpretation and analysis progresses.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Chris Dyakowski, PGeo, a director of the company and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Dyakowski verified the data disclosed, including a review of the sampling, analytical and test data underlying the information and opinions contained therein.

About Essex Resources Corp.

The company is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. The company has an option to acquire a 100-per-cent interest and title to the Rabbitt property located in the Similkameen mining division in British Columbia.

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