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ESXR.V ·

Essex Resources Corp. Reports Progress on Exploration at Rabbitt Copper Silver Lead Zinc Property in South-Central British Columbia

Exploration Programs

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 t his 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 fo cused 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: [email protected]

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 P roperty, 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 metal s, 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 Comp any’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.