Announcement • Jun 18
Essex Resources Corp. Reports Total Metal Ion Soil Geochemical Survey and IP Survey Results At the Rabbitt Property
Essex Resources Corp. announced, further to its news release dated May 5, 2026, during the autumn of 2025, Essex completed a comprehensive exploration program designed to advance its understanding of the mineralized system of the Rabbitt copper-silver-lead-zinc property, located in the Similkameen Mining Division of southern British Columbia. 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 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. Current interpretation is that the ring of mineral showings is a surficial expression of a flat-lying, tabular to lenticular zone of Besshi-type massive sulphide mineralization that extends through the mountain. Focus of the 2025 TMI soil survey was the western and central parts of the partial ring of mineral showings around the ridge and the volcanic rocks that were deposited on top of it. In the autumn of 2025, 560 TMI soil samples were collected from multiple showings across the Property, as well as 16 rock samples. On the Property there are three major sources of copper in soils: the sub-horizontal mafic volcanic host rocks, massive sulphide mineralization, and re-mobilization of copper during post-mineralization faulting. Before the 2025 exploration program on the Property, the approximate location of the partial ring of mineral showings had been established around the southern slope of the ridge that covered the northern part of the property. During the 2025 exploration program, an extension of the partial ring of mineral showings around the northern slope of the ridge was defined by four areas of elevated soil-gold associated with three areas of enriched soil copper. The ring has now been traced for about 1,500 m (5,126 ft) north-westward from the Thynne showing across the northern slope of the ridge to near the northern Property boundary. Suspecting that the partial ring of mineral showings could be traced around the northern slope of the ridge, Essex Resources conducted an induced polarization survey over a grid that covered an area of about 1 km2 (0.37 mi2) in an area that extended north-westerly from the Red Bird showing through the Shamrock and Thynne showings areas to about 750 m (2,461 ft) northwest of the Thynne showing. Chargeability of rocks in the 2025 induced polarization grid area ranges from 3.4 to 20.9 millivolts/volt; their resistivity ranges from 176.8 to 980.1 ohm-metres. There are two areas of high chargeability rocks east and west-northwest of the Thynne showing. The most prospective of them is centered near U.T.M.: 5,493,700 N., 657,825 E., about 400 m (1,312 ft) west-northwest of the Thynne showing. There, chargeability is as high as 17 millivolts/volt. That chargeability high coincides with a resistivity low and is flanked by areas of elevated soil-copper, zinc, and gold concentrations. The extent of that chargeability anomaly northwest of the 2025 induced polarization grid boundary is unknown. Also, its centre is located along the surface trace of the new northwestern extension of the partial ring of mineral showings to which it is parallel. The chargeability high corresponds with a smaller area of very low resistivity, the centre of which hosts resistivities less than 230 ohm-m. Such low resistivities commonly are associated with sulphide mineralization. The core of this resistivity low extends for about 400 m (1,312 ft) southeasterly from the northwestern boundary of the grid and for about 150 m (492 ft) along its northwestern boundary. The extent of this resistivity anomaly northwest of the grid is unknown. The long axis of the resistivity anomaly is northwest-southeast and the hill-slope is gently inclined downward to the northeast. Thus, the anomaly’s orientation is consistent with sub-crop of a sub-horizontal, mineralized plate that dips southwestward into the hill side. That is also indicated by a sharp anomaly boundary on the northeastern side of the resistivity anomaly where mineralization could be hosted at surface and a more diffuse southwestern anomaly boundary where the detection of mineralization would fade out due to increased burial in that direction. The pseudo-sections of Lines 10+00 N. and 12+00 N. of the induced polarization survey indicate that there may be as many as six stacked sulphide lenses contributing to the resistivity low. The geochemical soil samples reported above were delivered to Peter E MSA Labs of Langley, B.C., an accredited geoanalytical laboratory that is independent of the Company and the QP. The Company followed industry standard procedures for the work carried out on the Property, with a quality assurance/quality control (QA/QC) program. At MSA Labs, samples were dried, sieved and analyzed using induced coupled plasma (ICP) techniques. Standard, blank, and duplicate samples were employed for quality control of the results. The Company detected no QA/QC issues during review of the data. 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. Grab samples described above are selective by nature and reported grades might not be representative of more extensive mineralized zones.
