Welcome to our dedicated page for Carolina Rush Corporation news (Ticker: PUCCF), a resource for investors and traders seeking the latest updates and insights on Carolina Rush Corporation stock.
Carolina Rush Corporation (PUCCF) delivers focused mineral exploration through its gold-copper projects in the Carolina Terrane. This news hub provides investors and industry observers with direct access to official corporate announcements, technical updates, and regulatory developments.
Track the company's progress through press releases detailing drilling results from the Brewer Gold-Copper Project, exploration updates from the Sawyer Trend properties, and strategic partnership announcements. Our repository includes filings with regulatory bodies, ensuring transparency in operational and compliance matters.
Key updates cover resource estimation reports, geophysical survey findings, and analyses of mineralized zones like the Tanyard Breccia Zone. Content is curated to support informed decision-making while maintaining strict adherence to factual reporting standards.
For consistent access to Carolina Rush's latest developments, bookmark this page or check back regularly. All materials are sourced directly from the company's disclosures to ensure accuracy and timeliness.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) has announced significant findings from its magnetotelluric (MT) and induced polarization (IP) geophysical surveys at the Brewer Gold-Copper Project in South Carolina. The surveys, completed by Zonge International, revealed compelling evidence of a potential buried porphyry system.
Key findings include:
- A large columnar low-resistivity zone identified below and west of the former mine, extending beyond 1,500 meters depth
- A broad high-chargeability halo surrounding this zone, extending over 500 meters deep
- Geophysical signatures consistent with an inferred intrusion and sulfide shell
The survey, conducted over four weeks starting February 24, 2025, covered 5 lines approximately 3.8 km in length, spaced 200 meters apart. The company is now designing a focused drill program to test the identified targets. Additionally, Carolina Rush has announced the discontinuation of its Sawyer and New Sawyer exploration projects in North Carolina to focus on Brewer's porphyry copper-gold potential.
Carolina Rush (PUCCF) has announced its maiden Mineral Resource Estimate (MRE) for the Brewer Gold-Copper Project in South Carolina. The resource estimate includes:
In Situ Mineral Resource:
- Indicated: 202,000 oz Au and 16.8Mlbs Cu within 6.0Mt @ 1.04 g/t Au and 0.13% Cu
- Inferred: 210,000 oz Au and 7.9Mlbs Cu within 7.8Mt @ 0.84 g/t Au and 0.06% Cu
Backfill Mineral Resource:
- Inferred: 139,000 oz Au and 9.7Mlbs Cu within 11.9Mt @ 0.36 g/t Au and 0.03% Cu
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) has outlined its 2025 strategic exploration plans for the Brewer Gold-Copper Project in South Carolina. The company will focus on exploring the project's deep porphyry potential, with key initiatives including:
- Publishing a maiden NI 43-101 Technical Report and Mineral Resource Estimate in Q1 2025
- Conducting a deep-sensing geophysical survey to map structures up to 1 km below surface
- Developing deep drill targets for porphyry copper-gold mineralization in Q2 2025
- Seeking strategic partners for a large-scale deep drill program
The company will also evaluate Brewer's critical mineral potential for tellurium, gallium, bismuth, tin, antimony, and arsenic. A deep-sensing IP/Resistivity and MT geophysical survey will commence on February 24, with final results expected in April. The company has announced it will drop its Sawyer and New Sawyer exploration projects in North Carolina to focus on Brewer's development.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) has reported results from its deepest drill hole at the Brewer gold-copper project in South Carolina. Hole B24C-016x, extended from a pre-existing hole to 658 meters depth, revealed significant molybdenum mineralization, including:
- 87 ppm Mo over 185 meters (473-658m)
- Higher-grade zones of 276 ppm Mo over 7.5 meters (479-486.5m)
- Peak value of 1,320 ppm Mo over 1 meter (601-602m)
The results support the company's exploration model targeting a deep copper-gold porphyry system. The hole, located 500 meters north-northwest of the former mine, shows evidence of high-temperature alteration suggesting proximity to a potential porphyry system. The company plans to conduct a deep-sensing geophysical survey capable of providing information down to approximately 1,000 meters below surface.
Carolina Rush reports results from the final two holes drilled in the Tanyard Breccia Zone at its Brewer Gold-Copper Project in South Carolina. Key findings include hole B24C-036 intersecting 206.3 meters @ 0.66 g/t Au from 63.2 meters depth, including 21.0 meters @ 1.05 g/t Au and 0.29% Cu, and 45.0 meters @ 1.20 g/t Au.
The drilling program achieved a 75-meter down-dip extension from previous intersections, with the Tanyard Breccia Zone remaining open for expansion. Hole B24C-035 intersected peripheral quartz-pyrophyllite alteration, while hole B24C-036 encountered continuous mineralization starting approximately 50 meters below surface.
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+.
