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Carolina Rush Corporation (PUCCF) is a mineral exploration company focusing on the Carolina Terrane in the southeastern USA. Their main project, the Brewer Gold-Copper Project, is located in South Carolina with recent significant assay results revealing new gold-copper zones. With ongoing exploration efforts, the Company aims to further delineate mineralization at various zones like the Tanyard Breccia. Carolina Rush is committed to expanding its portfolio and developing potential mining resources in the region.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) has reported results from its recent core drilling program at the Brewer Gold and Copper Project in South Carolina. Hole B24C-034 intersected 61 m @ 1.65 g/t Au and 0.28% Cu, including 10.6 m @ 4.36 g/t Au and 0.95% Cu. This result ranks among the top five on a grade-times-thickness basis across all 34 Brewer holes reported to date.
The mineralization in B24C-034 is hosted within a silicified polylithic breccia with zones of strong sulfide replacement. Individual samples returned >2% copper and >15 g/t gold. The phase four drill program, now complete, totaled 2,578 meters in 12 holes, with results pending for the last three holes.
The company follows strict sampling and QA/QC protocols, with assays conducted by ALS Laboratory using industry-standard methods. The technical information has been reviewed and approved by Patrick Quigley, the company's Senior Geologist and Exploration Manager, a Qualified Person as defined by NI 43-101.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) has resumed drilling at the Brewer Gold-Copper Project in South Carolina, focusing on the newly discovered Tanyard Breccia Zone. Assay results from the first seven holes of the Phase IV drilling program have confirmed a mineralized breccia body containing gold-copper mineralization. The company plans four additional holes in the Tanyard area, targeting concealed mineralization and extensions of high-grade gold-telluride mineralization. Additionally, they will deepen a hole drilled in 2021 to test for indications of a primary porphyry copper system. New results from drill holes B24C-031 & 32 confirm the Tanyard Breccia's presence but show only low gold values from the structure's periphery.
Carolina Rush reports drill results from three additional holes of the current 3,000-meter drill program at the Tanyard Breccia Zone of the historic Brewer Gold Mine, South Carolina. Highlights include:
- B24C-028: 50.0 m @ 1.0 g/t Au (including 11.2 m @ 1.8 g/t Au)
- B24C-029: 53.0 m @ 0.47 g/t Au (including 11.0 m @ 1.06 g/t Au)
- B24C-030: 35.5 m @ 0.30 g/t Au
The drill program has tested the breccia along approximately 250 m of strike and from 50 to 150 meters below surface. Geology, alteration mapping, and IP results indicate a large, +2.0 km diameter diatreme breccia complex, possibly overlying a copper-gold porphyry system. The company has paused drilling to analyze results and plan additional geophysical studies to refine targeting.
Carolina Rush (TSXV: RUSH, OTCQB: PUCCF) announced positive drill results from the Tanyard Breccia Zone at the historic Brewer Gold Mine in South Carolina. The company reported highlights from the first two holes of a 3,000-meter drill program, with hole B24C-027 showing 19 meters at 1.93 g/t Au and 0.35% Cu, and hole B24C-026 showing 49.9 meters at 0.73 g/t Au, including 13 meters at 1.59 g/t Au and 0.21% Cu. These results confirm the continuation of the Tanyard Zone. Seven holes totaling 1,381 meters have been completed, with additional results pending. The drill program tested the breccia along 250 meters of strike and from 50 to 150 meters below surface.
Carolina Rush (TSXV: RUSH, OTCQB: PUCCF) announced the successful results of its annual and special meeting held on June 20, 2024. Shareholders approved several key matters, including the election of directors, the appointment of Jones & O'Connell LLP as auditor, and the adoption of an omnibus long-term incentive plan (LTIP). The LTIP, a rolling 10% plan, aligns with revisions made to TSX Venture Exchange Policy 4.4 on Security Based Compensation, effective since November 24, 2021. The plan received conditional approval from the TSX Venture Exchange on May 17, 2024, and details are available in the company's management information circular filed on SEDAR+.
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