Tillkännagivande • Apr 01
Optegra Ventures Inc., Annual General Meeting, May 29, 2026 Optegra Ventures Inc., Annual General Meeting, May 29, 2026. Location: british columbia, vancouver Canada New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (454% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.40m market cap, or US$1.02m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Mar 09
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 454% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (454% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.59m market cap, or US$1.14m). Tillkännagivande • Jan 02
Optegra Ventures Inc. announced that it has received CAD 0.75 million in funding On December 31, 2025. Optegra Ventures Inc. announces that it has closed the transaction. It has issued 10 million units at a price of CAD 0.075 per unit for gross proceeds of CAD 750,000. An aggregate cash finder's fee of CAD 48,300 was paid with respect to the financing. Board Change • Dec 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 30
Optegra Ventures Inc. announced that it expects to receive CAD 1.5 million in funding Optegra Ventures Inc. announced private placement of 20,000,000 units at CAD 0.075 per Unit for gross proceeds of CAD 1,500,000 on October 30, 2025. The Units will consist of one post-Consolidation Common Share and one transferable Common Share purchase warrant. Each Warrant will entitle the holder to purchase one additional post-Consolidation Common Share at a price of CAD 0.10 per post-Consolidation Common Share for a period of five years. A 7% cash finder fee is payable with respect to a portion of the Financing (the “Finder’s Fee”). The Consolidation, Financing and Finder’s Fee are subject to acceptance for filing by the TSX Venture Exchange. Board Change • Sep 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$200k free cash flow). Shares are highly illiquid. Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$176.4k market cap, or US$122.8k). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Mar 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 02
Optegra Ventures Inc., Annual General Meeting, Aug 29, 2024 Optegra Ventures Inc., Annual General Meeting, Aug 29, 2024. Location: british columbia, vancouver Canada Board Change • Jan 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 18
Essex Minerals Inc. Announces Management Changes Essex Minerals Inc. announced that Mr. Rod Husband has been appointed President of the Company. Mr. Husband is a Professional Geologist and economic geologist with over 35 years' experience in the junior resource and corporate finance sectors. His multidisciplinary experience has developed strong capabilities in evaluating mineral assets and determining their economic viability. He is well versed in project management principles: scope, budget, schedule, communication, quality and risk assessment to add value and produce optimum results. He has served as director and officer of several junior Canadian public companies where he focused on their management and corporate development including the evaluation, financing, exploration and development of several quality projects. He has successfully raised over $150 million for exploration and development across these companies culminating the discovery and development of a 3 million-ounce gold mine in China. He is a founding partner of Cipher Research conducting research and analysis on hundreds of companies and projects over the past six years, helping develop detailed valuation models used to assess prospective investments. Mr. Paul Loudon, the current President of the Company, has been appointed Executive Chairman. Board Change • Nov 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO & Chairman of the Board Paul Loudon is the most experienced director on the board, commencing their role in 2020. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Oct 21
Essex Minerals Inc. announced that it has received CAD 0.88 million in funding On October 20, 2022, Essex Minerals Inc. closed the transaction. The company issued 3,025,000 units in its third and last tranche for gross proceeds of CAD 60,500. The transaction involved participation from a company associated with the company's CEO and president that subscribed for 955,000 units. The company also paid CAD 24,290 and 1,214,500 warrants to Canaccord Genuity Corp and CAD 7,000 and 350,000 warrants to Primary Capital Inc. as finders' fees. All securities issued in the third tranche are subject to a hold period expiring on February 20, 2023. Tillkännagivande • Sep 22
Essex Minerals Inc. announced that it expects to receive CAD 0.88 million in funding Essex Minerals Inc. announced a non-brokered private placement of 44,000,000 units of the
Company at a price of CAD 0.02 per Unit to raise gross proceeds of CAD 880,000 on September 21, 2022. Each Unit will consist of one common share and one share purchase warrant, with one whole warrant entitling the holder to purchase one additional common share of the Company at a
purchase price of CAD 0.05 per Warrant Share for a period of 60 months from the date of closing. Finders' fees may be payable on all, or part, of the transaction. The completion of the transaction, including the issuance of any finders' shares, is subject to acceptance for filing by the TSX Venture Exchange. The will be subject to a hold period of four months plus one day from the date of issuance. Tillkännagivande • Aug 30
Essex Minerals Inc. announced that it expects to receive CAD 0.15 million in funding Essex Minerals Inc. announced a private placement of up to 75 million common shares at a price of CAD 0.002 per common share for gross proceeds of CAD 150,000 on August 29, 2022. The transaction included participation from returning investors Robert Salna and Robert Wyllie, a director of the company, subscribing for a total principal amount of CAD 150,000. The transaction will be subject to a hold period of four months and a day from the closing date of the transaction. Robert Salna owns 72,524,526 common shares representing 71,7% of the company and Robert Wyllie owns 3,120,000 common shares representing 3% of the company. Board Change • Aug 17
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO & Chairman of the Board Paul Loudon is the most experienced director on the board, commencing their role in 2020. Independent Director Meghan Lewis was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Jul 28
Essex Minerals Inc. Announces Board Changes Essex Minerals Inc. announced that Ms. Elena Tanzola, the Company's Chief Financial Officer and Corporate Secretary has been appointed to the board of directors effective immediately. Mr. James Harris has decided to retire from public company life and has resigned from the board effective immediately. Tillkännagivande • Jun 22
Essex Minerals Inc. Announces Exploration Update Mt Turner Project Essex Minerals Inc. announced that the first phase of exploration on the Mt Turner Cu-Mo-Au project in north Queensland has identified a number of previously unknown near surface drilling targets as well as sub vertical deeper targets possibly associated with porphyry mineralisation targets. The Mt Turner property is under option to Meryllion Resources Corporation ("Meryllion") which is funding an induced polarization (IP) geophysical and mapping program to identify drill targets associated with an under-explored porphyry intrusive complex. Highlights: A Phase 1 total of 31-line km of IP has been completed over the Mt Turner porphyry complex. The lines were spaced at 400 m with readings at 100 m along the lines. The IP program has successfully identified a number of significant high-intensity chargeability anomalies indicative of sulphide mineralisation within a large felsic, porphyry style mineralising centre with strike lengths of up to 1.6 km and widths of up to 1.2 km. The larger anomaly remains open to the north. Coincident with and spatially related to the chargeability anomalies, detailed mapping has discovered a number of altered sub-volcanic and high-level volcanic intrusives, as well as an elongate, extensively altered, volcanic centre. Strike continuous chargeability anomalies have been identified in four main geological settings. A flat-lying high chargeability zone at a depth of between 100 - 150 m on the eastern flank of the altered volcanic centre. Sub-horizontal and vertical deeper anomalies associated with the Mt Turner-type volcanic ntrusives. Additional vertical anomalies associated with a NE trending western structural corridor. Anomalies associated with vertical altered sub-volcanic intrusives. The eastern flat-lying zone is characterised by a +40 millivolt/volt anomaly currently traced for a strike of 1.6 km (open to the north) with a width of up to 1.2 km. Initial interpretation suggests this anomaly could represent a secondary sulphide blanket or mineralisation associated with overlying impervious flat-lying volcanic units and underlying coarser units and flat granite fractures above vertical feeder structures -- a classic trap site for hydrothermal fluids. The anomaly represents a previously unknown, significant near surface drill target. The sub-horizontal and associated vertical anomalies are associated with the annular Mt Turner and Mt Turner East intrusive centres and provide important new data in defining significant porphyry drill targets at Mt Turner. Detailed field mapping has confirmed the contact of the intrusive and granite host is often occupied by annular hydrothermal and collapsed breccias intruded by late-stage pebble dykes. The clasts are rounded indicating transport and cemented in places by drusy quartz and gossan and display open space texture. In addition, quartz veined mineralised clasts within the breccia indicate that hydrothermal fluids have brought deeper mineralisation to the surface. These hydrothermal breccias may have transported deeper porphyry style molybdenite mineralisation to the surface which has been identified in previously reported soil anomalies. Decompression breccias indicative of a porphyry environment have also been observed. The western NE striking zone varies from 100 to 200 m wide and is currently 1.2 km in strike. Several zones of quartz veined gossanous breccias associated with fault slices of schist and altered granite intruded by rhyolite dykes are evident at surface. A significant (+40 millivolt/volt) vertical chargeability anomaly is coincident with a gold in soil anomaly on IP Line 3 and 5. Supergene copper mineralisation has been located at lower elevations associated with quartz veining. Several rock chips of surface mineralisation have been submitted for assay. Summary Geology and Mineralization of the Mt Turner Project: The Mount Turner Property lies in the western portion of the Georgetown Inlier, which constitutes the bulk of the proclaimed Etheridge Goldfield. It consists of variably metamorphosed and deformed sedimentary and volcanic rocks of Palaeo- to Mesoproterozoic age, intruded by Mesoproterozoic granites. The Proterozoic rocks have been intruded by Siluro-Devonian age granitic rocks during a period of subduction and underplating that is thought to have occurred during the Tabberabberan cycle of the Tasman Orogen (ca 430-380 Ma). The Georgetown Inlier subsequently experienced a period of felsic intrusion and accompanied sub- aerial volcanism during the Carboniferous to Permian period (ca 350-230 Ma) associated with extension and rifting that developed during the Hunter-Bowen cycle of the Tasman Orogeny. This magmatism is termed the Kennedy Igneous Association, which consists of widespread and voluminous felsic extrusive and intrusive igneous rocks, producing a number of large volcanic subsidence structures. This magmatic event was responsible for the 5 million-ounce Kidston gold deposit located some 70 km to the SE of Mt Turner and several other precious metal deposits in Queensland. The Permo-Carboniferous Mt Turner intrusive complex, which is centred within the property, consists of multiple phases of rhyolite to micro-granodiorite dykes, stocks and associated breccias, hosted by the Meso-Proterozoic Mount Turner Granite and metasediments of the Palaeo-Proterozoic Lane Creek Formation. The property was initially examined under special Department Reserve during the 1975-78 field seasons by geologists of the Australian Government's Bureau of Mineral Resources (now Geoscience Australia) and the Geological Survey of Queensland after discovery of extensive hydrothermal alteration around Mt Turner. The subsequent report (Baker & Horton, 1982) described the intrusive complex as a porphyry copper- molybdenum system with zoned polymetallic mineralisation. The report was based on 11 widespread, shallow vertical drill holes, <100 metres in depth and four diamond holes, only one of which was located near the intrusive centre. None of the drill holes were assayed in their entirety. A portion of Mt Turner was held by Kidston Gold Mines ("KGM") in 1994-1998 and assessed for gold only. Mega Uranium flew detailed regional aeromagnetics in 2006-2007 as part of a regional uranium assessment. No follow-up exploration has been undertaken on the porphyry copper- molybdenum potential identified in the 1970s until the ground was staked in 2019 by KNX Resources Limited, an Australian exploration company now owned 100% by Essex. Essex currently owns 100% of the Mt Turner property. Board Change • Apr 29
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Paul Loudon is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 08
Essex Minerals Inc. (TSXV:ESX) completed the acquisition of KNX Resources Ltd. Essex Minerals Inc. (TSXV:ESX) entered into an agreement to acquire KNX Resources Ltd for AUD 0.99 million on March 29, 2021. Post completion, Essex will have 83% interest in the Cumberland and Compass Creek Projects and 100% of the Mt Turner Project. Essex agreed to acquire in exchange for the issuance of 5 million ordinary shares to the shareholders of KNX. The consideration shares will be issued to the KNX shareholders on the basis of one Essex Minerals share for approximately every 4.052 KNX shares. The purchase shares will be subject to four month hold period and an additional voluntary escrow until October 24, 2021. If such revised purchase terms are not agreed by October 24, 2021, then it will be deemed that all offers by Essex to purchase KNX have been rejected and the provisions of the existing Heads of Agreement between the Parties shall apply. Essex Minerals Inc. (TSXV:ESX) agreed to acquire KNX Resources Limited on September 22, 2021. As of September 22, 2021, the revised purchase terms shall comprise the issuance of 5,000,000 ordinary shares in Essex (the "Purchase Shares") and 5,000,000 two-year share purchase warrants with an exercise price of 20c per warrant (the "Purchase Warrants") to the shareholders of KNX. The Company shall retain the right to force conversion of the Purchase Warrants if the Essex share price closes above $0.45 per share for more than five consecutive trading days (the "Conversion Event") prior to their expiry date. Upon occurrence of the Conversion Event, Essex shall undertake on a best endeavors basis to arrange buyers for any underlying shares from any unexercised Purchase Warrants at $0.40 per share and retain $0.20 per share from the sale proceeds for the Purchase Warrant exercise and deliver $0.20 per share to each KNX Purchase Warrant holder. The Purchase Shares and Purchase Warrants will be issued to the KNX shareholders on the basis of one Essex Purchase Share and one Essex Purchase Warrant for approximately every 4.052 KNX shares in issue. On completion of the acquisition, Essex will own 100% of Mt Turner and 88% of Cumberland and Compass Creek. The transaction is subject to the approval of the TSX Venture Exchange and it is expected to close in no later than May 31, 2021. As of July 13, 2021, the shareholders of KNX Resources Ltd has approved the transaction.
Essex Minerals Inc. (TSXV:ESX) completed the acquisition of KNX Resources Ltd on April 7, 2022. TSX Venture Exchange has conditionally approved the transaction. Tillkännagivande • Sep 15
Essex Completes Initial Drilling Program At Drummer Fault Essex Minerals Inc. announced that an initial six-hole program of diamond and reverse circulation drilling has been completed at the Drummer Fault gold project in North Queensland, Australia. Highlights: The six holes totalling 952m were designed to test for continuation of surface gold mineralization below the previously mined surface (15m) oxide zone on the eastern end of the Drummer Fault within the Mt Turner project area. Five holes were drilled under the Drummer Toy pit and one hole under the Drummer West pit. All six holes encountered favourable structure and geology, with abundant sulfides reported in logging. All drill holes were pre-collared with reverse circulation (RC). The first two holes were completed each with approximately 100m of HQ size (63mm) diamond core to confirm geological structure. Holes four to six were completed with RC. Samples have been submitted for assay in Townsville, Queensland, and will be reported when all results have been received and plotted by the Company's geological team. The program was completed on time and within budget. Tillkännagivande • Aug 19
Essex Minerals Inc. announced that it has received CAD 1.330028 million in funding Essex Minerals Inc. announced a non-brokered private placement of 10,230,982 units at a price of CAD 0.13 per share for gross proceeds of CAD 1,330,027.66 on August 18, 2021. Each unit consists of one common share and one-half warrant. Each full warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.18 per share for a period of 24 months from the date of closing. The transaction included participation from directors and officers of the company for 1,060,000 units. All the securities are subject to a hold period, which will expire on December 17, 2021. Echelon Wealth Partners Inc., Primary Capital Inc. and PI Financial Corp. acted as finder's to the company. The company paid CAD 54,600 as finders' fees and 419,999 finders' warrants to Echelon Wealth Partners Inc., CAD 7,800 as finders' fees and 60,000 finders' warrants to Primary Capital Inc., CAD 7,098 as finders' fees and 54,600 finders' warrants to PI Financial Corp. Each finders' warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.18 per share for a period of 2 years. Tillkännagivande • Jul 15
Essex Minerals Inc Samples Up to 14.45 G/T Gold Extending Gold Mineralization Along Drummer Fault, Mt Turner Gold Project Essex Minerals Inc. provide an update on its initial reconnaissance program ahead of drilling at the Drummer Fault Project, located in the heart of the Mt. Turner property, one of its Australian gold exploration earn-in joint ventures with KNX Resources Ltd. The Drummer Fault – a highly prospective gold bearing structure within the Mt Turner Property in north Queensland - has now been traced for more than 19 kilometres, with LiDAR, satellite
imagery and regional aeromagnetics having proven extremely effective in tracing the structure where it is covered by alluvium or offset by faulting. In spite of limited outcrop exposure, the Company's geologists have completed a detailed mapping program in and around the existing small open pits and collected 18 rock samples from outcrop within the pits and along the Drummer Fault. These samples confirm the presence of highly anomalous gold and silver mineralization wherever the Drummer Fault is exposed over at least 14.5 kilometres of the 19 kilometre strike length traced to date. DG West 1, which contained 1.17 g/t Au and 11.00 g/t Ag and was taken 200 metres west of the Drummer Girl pit, demonstrating that the mineralization continues to the west under cover; and, NA 1 and NA 2, which contained 14.45 g/t Au and 11.60 g/t Ag and 1.49 g/t Au and 4.90 g/t Ag respectively. NA 1 was located 300 metres northeast of the Drummer Toy pit in an oxidized quartz veined rhyolite. NA 2 was located 200 metres east of the Drummer Toy pit and consisted of a fractured quartz vein with pyrite in the extension of the Drummer Fault The company's exploration team has plotted and further analysed the 44 air-core holes drilled by Union Mining NL in the 1990s. This drilling was only to a maximum of 20- metres depth and was almost entirely within the mined pits. This newly acquired geological information and sample data when combined with historical drill results, the remnant oxide mining and other historical information leads Essex's technical team to believe that there is an excellent chance that the gold mineralization continues along strike between the pits and to depth below the oxide zone along the Drummer Fault. Based on field observations and historical results, the Drummer Toy target in the eastern portion of the Drummer Fault will be the focus of initial drilling. The target appears to be a 40 metre-wide mineralized shear zone with high-grade enrichment in the hanging and footwalls. Intersections with cross cutting faults appear to have produced dilatational zones that may have also further concentrated the gold mineralization. The Drummer Fault is a 19 kilometre eastwest structure readily visible on Lidar and satellite imagery. Where the fault is covered by alluvium or offset, the structure is readily observed on regional aeromagnetics. The fault appears to horsetail in the west (although published geology shows the fault being terminated by a NS fault which is not visible on LiDAR) and is partially obscured in the east by the Etheridge River. It also appears to transgress the regional scale NS Delaney Fault further east. The Drummer Fault has been active throughout geological time having displaced Proterozoic granites and schists, transgressed the Silurian Brandy Hot Granodiorite and localises and is disrupted by Permo-Carboniferous felsic and mafic dykes associated with the Kennedy Magmatic Association of North Queensland (genetically related to the major gold deposits of north Queensland). The Drummer Fault and other early EW faults have been strongly influenced by a regional scale NWNE conjugate fault system which has localised felsic dykes, domes and intrusive centres associated in places by sub aerial volcanism in caldera settings. The Drummer Fault has been displaced in parts both to the north and south by the overprinting conjugate fault sets, which has produced localised extensional settings. Associated with but overprinting the conjugate faults are a series of localised NS extensional faults and shear zones. The Drummer Fault has been dislocated by a strong NW structure approximately 600 metres to the west of the Drummer Girl Pit. This structure has localised a series of NS trending gossanous breccia zones in older granites associated with felsic dykes and rhyolite domes. This structure is related to the Mt Turner multi-phase intrusive porphyry system 1.4 kilometres to the south of the Drummer Pits. In addition, NE trending structures have intersected the eastern ends of both the Drummer Girl and Drummer Toy Pits and may localise higher-grade mineralisation or as yet undiscovered mineralised subsidiary splay faults. At a local scale, exposures in old pits in the oxide zone have shown a close correlation between mineralisation and lithology. In the Drummer Pits, mineralisation follows fault breccias and quartz veining at the contact between granite and meta-dolerite. The Drummer Girl Pits appear to follow a contact between brecciated granite and rhyolite dykes while the Drummer Toy pit is localised within coarse-grained muscovite granite with meta-dolerite noted some 50 metres to the south. Generally, where exposed, the Drummer Fault is mineralised along its entire length. The western 5 kilometres of the structure appears to be dominated by uranium mineralisation in the form of coffinite associated with apatite and sulphides (dominantly pyrite) associated with Permo-Carboniferous rhyolite and mafic dykes in steeply plunging shoots to the west. Tillkännagivande • Jun 17
Essex Minerals Inc. Provides an Update on its Australian Gold Exploration Essex Minerals Inc. provided an update on its Australian gold exploration earn-in joint venture with KNX Resources Ltd. and the Company's plans to spin out a new streaming and royalty company with a focus on income from renewable energy and battery materials. Crews have been mobilized in preparation for drilling of the Mt Turner gold project in north Queensland, Australia. The extension to the Mt Turner tenement granted to the joint venture in late 2020, has now been permitted for drilling bringing together over 19 km of mineralized strike length in the eastern Drummer Fault. The eastern 14 km of the Drummer Fault is characterized by several open pits mined for gold by Union Mining NL to a depth of 20m in oxide material in the early 1990s. A drill rig has been secured for late July (on standby for earlier) to compete the initial six-hole 800 metre program to test the width and plunge of the down-dip extension of the gold and silver bearing shoots mined in the open pits. While access roads for the rig and drill pads are prepared, the field crew has secured an excavator and is undertaking trenching and channel sampling along structure from the open pits. In parallel, a soil sampling program over the nearby Mt Turner porphyry copper-molybdenum target will be undertaken to better define drill targets. The Company has received 100% acceptance from the shareholders of KNX for its offer to acquire all the issued and outstanding shares in KNX in exchange for five million shares in Essex, which will result in Essex owning 100% of the Mt Turner project and 83% of the Cumberland and Compass Creek gold projects. The Company is pursuing a number of other project opportunities in the precious metals and battery material sectors as part of its on-going strategy of building up a diversified portfolio of option and earn-in joint venture agreements. Essex shareholders have also approved a special dividend of shares in Optegra Capital Corp. ("Optegra"), a new streaming and royalty company, with a focus on income from renewable energy and battery materials. Tillkännagivande • Apr 30
Essex Minerals Inc. (TSXV:ESX) entered into an agreement to acquire KNX Resources Ltd. Essex Minerals Inc. (TSXV:ESX) entered into an agreement to acquire KNX Resources Ltd on April 29, 2021. Post completion, Essex will have 83% interest in the Cumberland and Compass Creek Projects and 100% of the Mt Turner Project. Essex agreed to acquire in exchange for the issuance of 5,000,000 ordinary shares to the shareholders of KNX. The purchase shares will be subject to four month hold period and an additional voluntary escrow until October 24, 2021. If such revised purchase terms are not agreed by October 24, 2021, then it will be deemed that all offers by Essex to purchase KNX have been rejected and the provisions of the existing Heads of Agreement between the Parties shall apply. The transaction is subject to the approval of the TSX Venture Exchange and it is expected to close in no later than May 31, 2021. Tillkännagivande • Mar 06
Essex Defines Large Drill-Ready Gold Targets at MT Turner and Compass CK Essex Minerals Inc. provided an update on Australian gold exploration earn-in joint venture with KNX Resources Ltd. ("KNX"). Highlights: Integration of historical exploration data with initial surface sampling from the Mt Turner project area has defined drill-ready targets in the eastern Drummer Fault zone with the potential to host a >1,000,000-ounce gold resource with associated high-grade silver. In addition, re-interpretation of historical aeromagnetic and ground magnetometer data has highlighted the importance of E-W structures in controlling the precious metal mineralization in the entire Cumberland-Mt Turner region. This reinterpretation is considered of particular significance as: E-W structures played a key role in gold mineralization mined at the historical Cumberland Mine. The Drummer Fault zone is a major E-W structural zone hosting uranium and gold mineralization. E-W structures also appear to play an important role at the RBZ South Zone (Cumberland Project) where Hole 1 encountered 18.8 g/t gold and 160 g/t silver over 6.4m from 139.5m downhole, and follow-up Holes 7 & 8 intersected 12.2 g/t gold and 13.4 g/t silver over 0.5 m and 3.2 g/t gold and four g/t silver over 0.5 m respectively. At the Cumberland Project, additional detailed structural analysis and geophysics will be undertaken to better define fluid flow and the best trap sites for significant economic gold and silver mineralization. At the Compass Creek Project, integration of last year's airborne LiDAR survey with data from previous ground and airborne geophysical surveys has defined three large drill ready orogenic gold targets. Discussions are underway with KNX Resources to acquire their remaining property interests for shares in a separate, jointly-owned company ("SpinCo"). The proposal includes a plan to list SpinCo on the TSX Venture Exchange to fund future exploration on the properties. Is New 90 Day High Low • Jan 27
New 90-day low: CA$0.21 The company is down 45% from its price of CA$0.39 on 28 October 2020. The Canadian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CA$0.22 The company is down 69% from its price of CA$0.70 on 11 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 10.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: CA$0.27 The company is down 28% from its price of CA$0.37 on 26 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 13% over the same period. Tillkännagivande • Oct 02
Essex Minerals Inc. Provides Drilling Update on Phase 1 Drilling at its Cumberland Joint Venture Project in Queensland, Australia Essex Minerals Inc. (the 'Company' or 'Essex') to provide an update on Phase 1 drilling at its Cumberland joint venture project in Queensland, Australia. The northern Australian state of Queensland has a history of large epithermal gold deposits Kidston (5M oz at 1.24 g/t Au), Mt Leyshon (3.4M oz at 1.43 g/t Au) and Pajingo (3M oz at 6 g/t Au) but remains under-explored in comparison to Western Australia and more recently Victoria. The Cumberland property was staked in 2012 by private Australian group KNX Resources Ltd. following a regional search for targets with the potential to host low sulfidation epithermal carbonate-base metal deposits similar to the 5 million-ounce Kidston deposit discovered by Placer Dome in the 1980s in a similar geological setting, 70km to the southeast. The Company's independent consultant Dr. Greg Corbett in his review of the Cumberland project described the RBZ Structural Zone as a Priority A target worthy of immediate drilling as the geological setting is similar to Kidston. The property contains six prospects which show characteristics of poly-metallic, low sulfidation, epithermal mineralization. From within these prospects, the initial diamond drilling program commenced on the RBZ Structural Zone, a major 3.5km northwest trending structural corridor dislocated by conjugate northeast structures which have created a number of dilation centres. The dilation centres have been intruded by a series of Permo-Carboniferous, poly-phase intrusives culminating in late stage altered rhyolites. The centres have then been overprinted with surface mineralization consisting of hydrothermal breccias associated with multi-phase quartz-adularia silver and gold mineralization. All rocks intersected in the Phase 1 drilling have been initially pervasively potassic altered and subsequentially overprinted by later stage phyllic and argillic alteration associated with silica flooding and veining over large intervals. Late stage carbonate infilling of fractures and veinlets is also evident. The Company will continue to release assay results of the Phase 1 drill holes as they become available. All samples from the current drilling program are being processed in Townsville by ALS Global, an independent accredited laboratory. Gold assays are completed by 50g screen fire assay with atomic absorption finish, with the over limit samples rechecked by fire assay with a gravimetric finish. Silver and multi-element analysis is undertaken by inductively coupled plasma atomic emission spectroscopy (ICP-AES) with over limits assayed by four acid digestion with ICP-AES. Regrettably, assay turnaround times are slower than usual at the moment because of workplace shift restrictions resulting from Covid-19 combined with an accelerated pace of exploration activity in the northern Australia region. The Company will release additional assay results of the Phase 1 drill holes as they become available. Under the terms of the venture, Essex has the right to earn an initial first-stage earn in of 50% of KNX's interest in three properties Cumberland, Compass Creek and Mt Turner - by spending AUD 1 million on exploration by May, 2021. KNX currently owns 80% of Cumberland and Compass Creek and 100% of Mt Turner. After completing the first stage earn-in, Essex has the right to buy out the balance of KNX's interest for cash or shares at independent valuation or earn an additional 20% interest in Cumberland and Compass Creek and an additional 25% interest in Mt Turner by spending a further AUD 3 million on exploration. Tillkännagivande • Oct 01
Essex Minerals Inc. announced that it has received CAD 2.75 million in funding On September 22, 2020, Essex Minerals Inc. (TSXV:ESX) closed the transaction. The transaction included participation from 12 placees, including professional group involvement from two places for 325,000 shares. The company has paid finder’s fees of 6% in cash or common shares and 6% finder’s share purchase warrants entitling the holders to purchase one common share at a price of CAD 0.55 for two years. The company paid CAD 2,475 cash, 54,600 shares and 59,100 finder’s warrants to Primary Capital Inc., CAD 68,310 cash and 124,200 finder’s warrants to Goodman & Company Investment Counsel Inc, 54,600 shares and 54,600 finder’s warrants to Clarus Securities Inc, and 62,100 shares and 62,100 finder’s warrants to Canaccord Genuity (Australia) Ltd. The initial exercise price of finder’s warrants is CAD 0.55 and expiry is two years from the date of issue. Directors and officers of the company did not participate in the transaction due to strong demand from institutional investors. All of the securities issued in the transaction are subject to a hold period, which will expire on January 22, 2021. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Tillkännagivande • Sep 05
Essex Minerals Inc. announced that it expects to receive CAD 2.75 million in funding Essex Minerals Inc. (TSXV:ESX) announced a non-brokered private placement of up to 5,000,000 common shares at price of CAD 0.55 per share for gross proceeds of CAD 2,750,000. The company may pay finder fees in the transaction. The transaction is subject to acceptance for filing by the TSX Venture Exchange. All the securities in the transaction are subject to hold period of four months plus one day from the date of issuance. 
