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Essex Minerals (TSXV: ESX) New Listing

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The company’s main emphasis is on the exploration for copper and gold in the Kamloops Mining Division, British Columbia where the company has an option to acquire a 100% undivided interest in the Melba Property.

Additional Information:

Company: Essex Minerals
Website: http://
Stock Symbol: TSXV: ESX
Date Published: Mar 21, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Essex Minerals is the latest new listing on the TSX Venture Exchange.

The company is a natural resource company engaged in the acquisition and exploration of mining
properties.

The company’s main emphasis is on the exploration for copper and gold in the Kamloops Mining Division, British Columbia where the company has an option to acquire a 100% undivided interest in the Melba Property.

The Melba Property, located 30 kilometres south of Kamloops, consists of eight mineral claims totalling approximately 4,000 hectares.

Large-scale mining is common to the area, as the world class mines of the Highland Valley are situated 30 – 40 kilometers to the west and the Afton mine is located 20 kilometers to the north.

In March 2014, Essex completed an airborne geophysical survey which indicated the presence of a 10 to 12 square kilometre magnetic anomaly which will be the primary target of further exploration.

For more information, please refer to the NI 43-101 Technical Report filed on Sedar.

Through Canaccord Genuity, the company raised gross proceeds of $732,000, from the sale of approximate 3.6 million shares priced at $0.15 and 1 million flow-through shares priced at $0.20.

The shares are trading at $0.17 and with 10.2 million shares outstanding, the company is capitalized at $1.7 million.

For more information please contact Christopher Dyakowski, President and CEO, at 604-250-2844 or by email at dyakowski@telus.net.

I’m Samantha Deutscher for Investmentpitch Media