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Carolina Rush Intersects 206 m @ 0.66 g/t Au, Extends Tanyard Breccia Zone at Brewer

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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 riporta i risultati degli ultimi due fori perforati nella Zona di Breccia di Tanyard presso il suo progetto minerario Brewer Gold-Copper nella Carolina del Sud. I risultati chiave includono il foro B24C-036 che ha intersecato 206,3 metri a 0,66 g/t Au a una profondità di 63,2 metri, comprendente 21,0 metri a 1,05 g/t Au e 0,29% Cu, e 45,0 metri a 1,20 g/t Au.

Il programma di perforazione ha raggiunto un estensione in profondità di 75 metri rispetto alle precedenti intersezioni, con la zona di Breccia di Tanyard che rimane aperta per ulteriori espansioni. Il foro B24C-035 ha intersecato alterazioni periferiche di quarzo-pirofillite, mentre il foro B24C-036 ha riscontrato mineralizzazione continua a partire da circa 50 metri sotto la superficie.

Carolina Rush informa sobre los resultados de los últimos dos pozos perforados en la Zona de Brecha de Tanyard en su Proyecto de Oro-Cobre Brewer en Carolina del Sur. Los hallazgos clave incluyen el pozo B24C-036 que intersectó 206,3 metros a 0,66 g/t Au a una profundidad de 63,2 metros, incluyendo 21,0 metros a 1,05 g/t Au y 0,29% Cu, y 45,0 metros a 1,20 g/t Au.

El programa de perforación logró una extensión de 75 metros en profundidad desde intersecciones previas, con la Zona de Brecha de Tanyard manteniéndose abierta para expansión. El pozo B24C-035 intersectó alteración periférica de cuarzo-pirofilita, mientras que el pozo B24C-036 encontró mineralización continua comenzando aproximadamente 50 metros por debajo de la superficie.

캐롤리나 러시는 사우스 캐롤라이나의 브루어 금-구리 프로젝트 내 타니야드 브레치아 존에서 천공된 마지막 두 구멍의 결과를 보고합니다. 주요 발견 사항으로는 B24C-036 구멍이 206.3미터 @ 0.66 g/t Au를 63.2미터 깊이에서 교차했으며, 여기에는 21.0미터 @ 1.05 g/t Au와 0.29% Cu, 그리고 45.0미터 @ 1.20 g/t Au가 포함됩니다.

천공 프로그램은 이전의 교차점에서 75미터의 하향 연장을 달성했으며, 타니야드 브레치아 존은 확장을 위해 열려 있습니다. B24C-035 구멍은 주변 석영-피롤리타 변화를 교차했으며, B24C-036 구멍은 지표면에서 약 50미터 아래에서 시작되는 연속적인 광물화를 발견했습니다.

Carolina Rush rapporte les résultats des deux derniers forages réalisés dans la Zone de Brèche de Tanyard à son projet de cuivre-or Brewer en Caroline du Sud. Les résultats clés incluent le forage B24C-036 qui a intersecté 206,3 mètres à 0,66 g/t Au à une profondeur de 63,2 mètres, comprenant 21,0 mètres à 1,05 g/t Au et 0,29% Cu, ainsi que 45,0 mètres à 1,20 g/t Au.

Le programme de forage a atteint une extension de 75 mètres en profondeur par rapport aux intersections précédentes, la Zone de Brèche de Tanyard restant ouverte pour expansion. Le forage B24C-035 a intersecté une altération périphérique de quartz-pyrophyllite, tandis que le forage B24C-036 a rencontré une minéralisation continue à environ 50 mètres sous la surface.

Carolina Rush berichtet über die Ergebnisse der letzten beiden Bohrlöcher, die in der Tanyard-Brechzone ihres Brewer Gold-Copper-Projekts in South Carolina gebohrt wurden. Zu den wichtigsten Ergebnissen gehört das Bohrloch B24C-036, das 206,3 Meter bei 0,66 g/t Au in einer Tiefe von 63,2 Metern intersectiert hat, einschließlich 21,0 Metern bei 1,05 g/t Au und 0,29% Cu sowie 45,0 Metern bei 1,20 g/t Au.

Das Bohrprogramm erzielte eine 75-Meter-Tiefenerweiterung gegenüber früheren Intersektionen, wobei die Tanyard-Brechzone weiterhin für eine Erweiterung offen bleibt. Das Bohrloch B24C-035 schnitt periphere Quarz-Pyrophyllit-Änderungen, während das Bohrloch B24C-036 eine kontinuierliche Mineralisierung etwa 50 Meter unter der Oberfläche entdeckte.

Positive
  • Significant gold intersection of 206.3m @ 0.66 g/t Au in hole B24C-036
  • 75-meter extension of mineralization from previous drill intersections
  • Zone remains open for expansion, indicating additional resource potential
  • Continuous mineralization starting from shallow depth (50m below surface)
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") is pleased to report results from the last two holes drilled in the Tanyard Breccia Zone at its Brewer Gold-Copper Project in South Carolina. Analytical results have been received for holes 35 and 36, both targeting the Tanyard Breccia Zone south of the former Brewer mine (see Table 1, Figure 1 and Figure 2).

Highlights:

  • B24C-036: 206.3 m @ 0.66 g/t Au from 63.2 meters depth (50 meters below surface), which includes:

    • 21.0 m @ 1.05 g/t Au and 0.29% Cu from 97.0 meters depth

    • 45.0 m @ 1.20 g/t Au from 221.5 meters depth

    • 75 meter down-dip extension from previous intersections

    • Tanyard Breccia Zone remains open for expansion

Carolina Rush President and CEO Layton Croft stated: "We continue to report exciting results at the recently discovered Tanyard Breccia Zone. Hole 36 contains an exceptionally thick mineralized intercept starting at 50 meters below surface. The hole then extends the Zone 75 meters down-dip. This is encouraging as it keeps the Tanyard Zone open for further expansion (see Figure 1). The phase four drill program is now complete, with analytical results pending for the last hole of the program (Hole 16x), an extension of Hole 16 that was collared ~350 meters north-northwest of the former Brewer mine (see Figure 2)."

Table 1. Composited Assay Results for Holes B23C-035 & B24C-036

BHIDFrom (m)To (m)Interval* (m)Au (g/t)Cu (%)
B24C-035112.00125.0013.000.27<0.1
B24C-03627.4041.3013.900.68<0.1

63.20269.50206.300.66<0.1
Incl.97.00118.0021.001.050.29
and221.50266.5045.001.20<0.1
Incl.236.10252.0015.902.03<0.1
*Reported intervals are drilled width and do not represent true width.

 

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Figure 1. Tanyard - Brewer Vertical Cross Section (looking West)

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Drill hole B24C-035 was drilled to a depth of 232 meters with an azimuth of 120° and a -65° inclination and undercut drill hole B24C-034 (61.0 m @ 1.7 g/t Au, 0.3 % Cu, see news release dated October 21, 2024). Hole 35 intersected the peripheral quartz-pyrophyllite alteration that typically occurs proximal to the silicified breccia which is the primary host for gold+/-copper mineralization.

Drill hole B24C-036 was drilled to a depth of 310 meters with an azimuth of 300° and a -52° inclination, and was the first hole testing the Tanyard Breccia at this orientation. The hole encountered 206 meters of continuous mineralization starting from 63 meters down hole (approximately 50 meters below surface). Within this broad mineralized zone two discrete zones of pyritic, silicified breccia were encountered and contain higher levels of gold +/- copper (see Table 1). Significantly, hole 36 demonstrates the down-dip continuation of the Tanyard Breccia and extended mineralization 75 meters from previous drill intersections where the zone remains open for expansion (see Figure 1).

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Figure 2. Brewer Project Plan Map Showing Drill Hole Locations

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Quality Assurance and Quality Control Statement

The Company's 2023-2024 exploration diamond core drilling was HQ and/or NQ size. The core was logged and marked for sampling and assaying by geologists contracted by Rush. Samples, typically 1.5 meters in length, were sawn in half using a diamond core saw and one-half of the core was placed in sample bags and tagged with unique sample numbers, while the remaining half was kept in the core box for storage. Each bagged core sample was shipped to ALS Laboratory in Twin Falls, ID where it was dried, crushed and pulverized to >80% passing -200 mesh. Gold was analyzed by fire assay (30 g) with an AA (atomic absorption) finish (method Au-AA23) with detection limits of 0.005 g/t gold. Samples containing greater than 10.0 g/t gold are analyzed by fire assay with a gravimetric finish (method Au-GRA21). Multielement analyses were analyzed with ICP-MS following a four-acid digestion (method ME-MS61) and samples containing >1.0% copper are analyzed via method Cu-OG62. ALS Minerals is accredited in accordance with International Standard ISO/IEC 17025:2017 and also inserts its own certified reference materials plus blanks and duplicates. Strict sampling and QA/QC protocols are followed, and assay integrity is monitored internally with a quality control program including the insertion of standards and blanks every 10th sample within the sample stream. Assay results are reviewed, and discrepancies are investigated prior to incorporation into the Company's database.

Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Patrick Quigley, MSc, CPG-12116, the Company's Senior Geologist and Exploration Manager and a Qualified Person as defined by NI 43-101.

About Carolina Rush

Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) is exploring the Carolina Terrane in the southeastern USA. Its flagship Brewer Gold-Copper Project is located at the past-producing, 397-hectare Brewer Gold Mine property in Chesterfield County, South Carolina, 17 kilometers along trend from the producing Haile Gold Mine. In January 2023, the Company signed exclusive mineral exploration lease and purchase option agreements for both the 246.6-hectare New Sawyer Gold Mine Property and the 54.6-hectare Sawyer Gold Mine Property, both located on the Sawyer Gold Trend and in Randolph County, North Carolina.

For further information, please contact:
Layton Croft, President and CEO
or
Jeanny So, Corporate Communications Manager
E: info@thecarolinarush.com
T: +1.647.202.0994

For additional information please visit our new website at http://www.TheCarolinaRush.com/ and our X feed: https://twitter.com/TheCarolinaRush.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232526

FAQ

What were the main gold intersections in Carolina Rush's (PUCCF) latest drilling results at Brewer?

The main intersection was 206.3m @ 0.66 g/t Au from 63.2m depth in hole B24C-036, including 21.0m @ 1.05 g/t Au with 0.29% Cu and 45.0m @ 1.20 g/t Au.

How far did Carolina Rush (PUCCF) extend the Tanyard Breccia Zone in December 2024?

Carolina Rush extended the Tanyard Breccia Zone by 75 meters down-dip from previous intersections.

What was the depth of mineralization start in hole B24C-036 at Carolina Rush's (PUCCF) Brewer project?

Mineralization in hole B24C-036 started at 63.2 meters down hole, approximately 50 meters below surface.

CAROLINA RUSH CORP

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