Subject: Re: Essex Press Release for immediate dissemination
Word Document
File: '\\swfile\EmailIn\20260505 133229 Attachment News Release - May 5, 2026 - Essex Resources Corp. Reports Progress on Exploration at Rabbitt Copper Silver Lead Zinc Property in South-Central British British Columbia - v2 BL.docx'
Essex Resources Corp. Reports Progress on Exploration at Rabbitt Copper Silver Lead Zinc Property in South-Central British British Columbia
News Release - Vancouver, British Columbia - May 51, 2026 - Essex Resources Corp ("Essex" or the "Company") (TSXV: ESXR) is pleased to provide an update on exploration activities at its Rabbitt copper-silver-lead-zinc pProperty (the "Property"), located in the Similkameen Mining Division of southern British Columbia. The property Property encompass eight contiguous mineral claims comprising a total of 1,048 hectares located approximately 23 kilometres northwest of the town of Princeton, BC 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 and precious metal mineralization extending through the mountain.
During the autumn 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, totaling approximately 5.9 kilometres in length. Survey lines were spaced 200 metres (656.2 ft) apart, covering an area of roughly 1 square kilometre (0.37 mi 2) 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 mi 2) 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 MSA Labs, an accredited geoanalytical laboratory that is independent of the Company and the QP. 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 reportfurther 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 P.Geo, 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 which includes 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% interest and title to the Rabbitt Property located in the Similkameen Mining Division, British Columbia.
For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
T: (778) 388-5258
E: investorsessex@gmail.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, completing planned work interpretation and analysis of data on the Rabbitt Pproperty, advancing the Rabbitt property, other statements relating to the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company's profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, lead, zinc, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
Word Document
File: '\\swfile\EmailIn\20260505 133231 Attachment News Release - May 5, 2026 - Essex Resources Corp. Reports Progress on Exploration at Rabbitt Copper Silver Lead Zinc Property in South-Central British British Columbia - v2 CLEAN.docx'
Essex Resources Corp. Reports Progress on Exploration at Rabbitt Copper Silver Lead Zinc Property in South-Central British Columbia
News Release - Vancouver, British Columbia - May 5, 2026 - Essex Resources Corp ("Essex" or the "Company") (TSXV: ESXR) is pleased to provide an update on exploration activities at its Rabbitt copper-silver-lead-zinc property (the "Property"), located in the Similkameen Mining Division of southern British Columbia. The Property encompass eight contiguous mineral claims comprising a total of 1,048 hectares located approximately 23 kilometres northwest of the town of Princeton, BC and 1.3 kilometres west of the village of Tulameen.
The northern portion of the 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 and precious metal mineralization extending through the mountain.
During the autumn 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, totaling approximately 5.9 kilometres in length. Survey lines were spaced 200 metres (656.2 ft) apart, covering an area of roughly 1 square kilometre (0.37 mi 2) 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 mi 2) 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 MSA Labs, an accredited geoanalytical laboratory that is independent of the Company and the QP. 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 further results expected in the near term.
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 P.Geo, 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 which includes 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% interest and title to the Rabbitt Property located in the Similkameen Mining Division, British Columbia.
For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
T: (778) 388-5258
E: investorsessex@gmail.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, completing interpretation and analysis of data on the Rabbitt Property, other statements relating to the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company's profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, lead, zinc, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
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