Essex Minerals Inc. announced, at this time, that Mr. Yari Nieken has resigned from the board of directors and as CEO. The company would like to thank Mr. Nieken for his service and wish him the best in his future business endeavours. Mr. Paul Loudon will be replacing Mr. Nieken on the board of directors of the Company and as CEO.

Paul Loudon, B.Sc. (Hons), is a mining analyst with more than 35 years' experience in resource company management, corporate finance structuring and arrangement, and investment analysis for corporate finance and stockbroking firms in Sydney and London. He has extensive experience as an executive and non-executive director of publicly listed resource companies, and was previously CEO of BDI Mining Corp, DiamondCorp plc and Head of Equities for mining finance house Loeb Aron & Company Ltd. in London.