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Thursday, 05/12/2005 11:34:30 AM

Thursday, May 12, 2005 11:34:30 AM

Post# of 91368
~ESSE News...


Earth Search Sciences Inc. Announces Completion of Initial Funding for Joint Venture
KALISPELL, MT, May 12, 2005 (MARKET WIRE via COMTEX) --
Earth Search Sciences, Inc. (OTC BB: ESSE), an airborne hyperspectral remote sensing company, announced that its joint venture partner, Advanced Explorations Inc. (TSX-V: AXI-H), has completed a transaction for a private placement to commence the joint venture and its initial funding.

Advanced Explorations Inc. (TSX-V: AXI-H) announced that it has entered into private placements for the sale of up to 1,166,667 units at $0.30 per unit for a total of $350,000, where each unit consists of one common share of the Company and one share purchase warrant having a one-year term for the purchase of one further common share of the Company at the exercise price of $0.40 per share.

AXI and ESSE are involved in a joint venture featuring the use of ESSE's airborne hyperspectral remote sensing technology in the discovery of new mineral deposits. The joint venture agreement includes AXI's purchase of one ESSE Probe-1 hyperspectral instrument and a copy of the company's mineral imagery database gathered from over 4 different continents.

Forward-Looking Statements:

This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.


Contact:
The Eversull Group
Jack Eversull
972-991-1672
972-991-7359 (fax)

jack@theeversullgroup.com

SOURCE: Earth Search Sciences, Inc.

mailto:
jack@theeversullgroup.com


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