Carolina Rush Reports Elevated Molybdenum in Deepest Hole Drilled at Brewer, Samples up to 1,320 ppm Mo
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 (TSXV: RUSH) (OTCQB: PUCCF) ha riportato i risultati del suo foro di perforazione più profondo presso il progetto di oro-rame Brewer nella Carolina del Sud. Il foro B24C-016x, esteso da un foro preesistente a una profondità di 658 metri, ha rivelato una significativa mineralizzazione di molibdeno, tra cui:
- 87 ppm Mo su 185 metri (473-658m)
- Zone di grado superiore con 276 ppm Mo su 7,5 metri (479-486,5m)
- Valore di picco di 1.320 ppm Mo su 1 metro (601-602m)
I risultati supportano il modello di esplorazione della società volto a individuare un sistema porfirico profondo di rame-oro. Il foro, situato 500 metri a nord-nord-ovest della ex miniera, mostra evidenze di alterazione ad alta temperatura che suggeriscono la vicinanza a un potenziale sistema porfirico. La società prevede di condurre un sondaggio geofisico di profondità in grado di fornire informazioni fino a circa 1.000 metri sotto la superficie.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) ha informado sobre los resultados de su pozo de perforación más profundo en el proyecto de oro-cobre Brewer en Carolina del Sur. El pozo B24C-016x, extendido desde un pozo preexistente a una profundidad de 658 metros, reveló una significativa mineralización de molibdeno, incluyendo:
- 87 ppm Mo sobre 185 metros (473-658m)
- Zonas de mayor grado con 276 ppm Mo sobre 7.5 metros (479-486.5m)
- Valor máximo de 1,320 ppm Mo sobre 1 metro (601-602m)
Los resultados respaldan el modelo de exploración de la compañía que apunta a un sistema porfirítico profundo de cobre-oro. El pozo, ubicado a 500 metros al norte-noroeste de la antigua mina, muestra evidencias de alteración a alta temperatura sugiriendo la proximidad a un sistema porfirítico potencial. La compañía planea realizar una encuesta geofísica de penetración profunda capaz de proporcionar información hasta aproximadamente 1,000 metros bajo la superficie.
캐롤리나 러쉬 (TSXV: RUSH) (OTCQB: PUCCF)는 사우스 캐롤라이나의 브루어 금-구리 프로젝트에서 가장 깊은 시추 구멍에 대한 결과를 보고했습니다. 기존 구멍에서 658미터 깊이로 연장된 구멍 B24C-016x는 상당한 몰리브덴 광물을 발견했으며, 그 중에는:
- 185미터에 걸쳐 87 ppm Mo (473-658m)
- 7.5미터에 걸쳐 276 ppm Mo의 고급 영역 (479-486.5m)
- 1미터에 걸쳐 1,320 ppm Mo의 최대 값 (601-602m)
이 결과는 깊은 구리-금 포프리 시스템을 목표로 하는 회사의 탐사 모델을 뒷받침합니다. 이 구멍은 이전 광산에서 북북서쪽으로 500미터 떨어진 곳에 위치하고 있으며, 잠재적인 포프리 시스템과의 근접성을 시사하는 고온 변형의 증거를 보여줍니다. 회사는 지표면에서 약 1,000미터 깊이까지 정보를 제공할 수 있는 심층 지구물리학 조사를 실시할 계획입니다.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) a rapporté les résultats de son puits de forage le plus profond au projet d'or-cuivre Brewer en Caroline du Sud. Le puits B24C-016x, élargi depuis un puits existant à une profondeur de 658 mètres, a révélé une minéralisation significative de molybdène, y compris :
- 87 ppm Mo sur 185 mètres (473-658m)
- Zones à plus haute teneur de 276 ppm Mo sur 7,5 mètres (479-486,5m)
- Valeur maximale de 1 320 ppm Mo sur 1 mètre (601-602m)
Les résultats soutiennent le modèle d'exploration de l'entreprise ciblant un système porphyrien profond de cuivre-or. Le puits, situé à 500 mètres au nord-nord-ouest de l'ancienne mine, montre des signes d'altération à haute température suggérant la proximité d'un système porphyrien potentiel. L'entreprise prévoit de réaliser une enquête géophysique de profondeur capable de fournir des informations jusqu'à environ 1 000 mètres sous la surface.
Carolina Rush (TSXV: RUSH) (OTCQB: PUCCF) hat die Ergebnisse ihres tiefsten Bohrlochs im Gold-Kupfer-Projekt Brewer in South Carolina berichtet. Das Bohrloch B24C-016x, das von einem bestehenden Loch auf eine Tiefe von 658 Metern erweitert wurde, zeigte eine signifikante Mineralisierung von Molybdän, darunter:
- 87 ppm Mo über 185 Meter (473-658m)
- Höhergradige Zonen mit 276 ppm Mo über 7,5 Meter (479-486,5m)
- Höchstwert von 1.320 ppm Mo über 1 Meter (601-602m)
Die Ergebnisse unterstützen das Explorationsmodell des Unternehmens, das auf ein tiefes Kupfer-Gold-Porphyr-System abzielt. Das Loch, das 500 Meter nordnordwestlich der ehemaligen Mine liegt, zeigt Beweise für hochtemperaturbedingte Veränderungen, die auf die Nähe zu einem potenziellen Porphyrsystem hindeuten. Das Unternehmen plant, eine tiefenvermessende geophysikalische Untersuchung durchzuführen, die Informationen bis zu etwa 1.000 Meter unter der Oberfläche liefern kann.
- Discovery of significant molybdenum mineralization with broad zones up to 1,320 ppm
- Successful validation of company's porphyry exploration model
- Evidence of high-temperature alteration indicating potential proximity to porphyry system
- None.
Toronto, Ontario--(Newsfile Corp. - January 22, 2025) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") is pleased to report results for the final and deepest drill hole of its recently completed phase IV drill program at the Brewer gold-copper project, South Carolina. Hole B24C-016x was an extension of a pre-existing hole (B21C-016) initially drilled in 2021 to a depth of 381m. The hole was collared approximately 500 meters north-northwest of the former mine (Figure 2) and was extended to a final depth of 658 meters. The hole was designed to evaluate the Company's working exploration model that targets a deep copper-gold porphyry system. Results indicate elevated molybdenum (Table 1, Figure 1), a critical pathfinder metal, and provides further evidence that supports the Company's porphyry exploration model.
Key Highlights:
Broad Zones of Anomalous Molybdenum Mineralization: Hole B24C-016x returned 87 parts per million (ppm) Mo over the final 185 meters (473-658m).
Higher Grade Molybdenum: Occurs in discrete zones (e.g. 7.5 meters @276 ppm Mo from 479 - 486.5m) associated with intense quartz-topaz dominated alteration, indicating potential fluid pathways.
Strategic Insight: Geochemical and mineralogical data are consistent with high-temperature alteration, suggesting proximity to a potential porphyry system.
Exploration Model: As the deepest hole ever drilled at Brewer, this marks a critical step in testing the Company's exploration model for porphyry style mineralization and provides useful vectors for further exploration.
"Molybdenum often acts as a valuable guide in porphyry exploration, and these results are highly encouraging as we advance our understanding of Brewer's deep potential," said Layton Croft, President and CEO of Carolina Rush. "We decided to extend hole 16 as a cost-effective way to explore the Brewer system at depth and hole 16x is an important milestone in our journey to understand the potential porphyry copper-gold target. To that end, we plan to conduct a deep-sensing geophysical survey that is designed to provide useful information down to approximately 1,000 meters below surface."
Table 1. Composited Assay Results for Hole B24C-016x
| BHID | From (m) | To (m) | Interval (m) | Mo (ppm) |
| B24C-016x | 473.00 | 658.00 | 185.00 | 87 |
| Incl. | 479.00 | 486.50 | 7.50 | 276 |
| And | 601.00 | 602.00 | 1.00 | 1,320 |
| And | 628.00 | 634.00 | 6.00 | 285 |
Figure 1. Vertical Cross Section (looking West). A) Section displaying downhole molybdenum values. B) Section displaying downhole MDRU Porphyry Index (MPIx) values. Refer to text for discussion and figure two for section location.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5156/238019_c9e3fb0c84a8e8dc_003full.jpg
Geologic Discussion
The extension of hole 16 marks the first targeted drill hole aimed at evaluating the potential for Brewer to host a porphyry Cu (Mo-Au) deposit. The decision to re-enter hole 16 was a result of a property-wide compilation of geochemical and geophysical datasets and the recent evaluation of Brewer by renowned porphyry copper expert, Dr. Richard Sillitoe. The results of this work suggests that the Brewer magmatic-hydrothermal system has been rotated and inclined 30-50 degrees to the north-northwest. The results of hole 16x give confidence to this exploration model and suggest that additional drilling to target a potential porphyry will need to explore deeper and further north than our current drill coverage. A brief discussion of the vectors being used to help refine the Company's exploration model are provided below.
Molybdenum Anomalism
Molybdenum commonly acts as a useful vector to porphyry copper mineralization and can be concentrated in the proximal parts of lithocaps, above source intrusions, as well as forming halos overlying deeper copper +/- gold mineralization. The presence of elevated molybdenum in hole 16x (Figure 1A) suggests a deeper part of the mineral system has been intersected. This, coupled with the presence of minor chalcopyrite and bornite, further indicates a higher temperature, lower sulfidation phase of the system as would be expected as you transition from the advanced argillic lithocap environment to underlying low sulfidation mineralization in the porphyry environment.
MPIx Geochemical Index
The MDRU Porphyry Index (MPIx) developed by the Mineral Deposit Research Unit at University of British Colombia is used to discriminate between porphyry/proximal from more distal/shallow mineralizing environments. Specifically, elements Cu, Mo, W, and Sn that are enriched at the core of porphyry deposits are ratioed against elements formed in shallow or distal environments, namely As, Sb, Ag, Tl, and Li. The index is defined as Cu/10 + Mo +(10*W) + (20*Sn)/ (5*Sb) + (20*Tl) + Ag + As + Li.
Hole 16x shows a pronounced increase in MPIx values towards the bottom of the hole, correlating with increased Mo, and is in sharp contrast to the lower MPIx values associated with the Au-Cu mineralization in the higher-level Brewer and Tanyard breccia zones (Figure 1B). Taken together, the mineralogic and geochemical indicators give the Company confidence that we are vectoring closer to a potential porphyry system to the north-northwest of the historic Brewer gold mine.
Figure 2. Brewer Project Plan Map Showing Drill Hole Locations and Cross Section Location
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5156/238019_c9e3fb0c84a8e8dc_004full.jpg
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 >
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/238019
FAQ
What molybdenum levels did Carolina Rush (PUCCF) find in their latest drill hole?
How deep is the new drill hole at Carolina Rush's (PUCCF) Brewer project?
Where is the new drill hole located at Carolina Rush's (PUCCF) Brewer project?
What are Carolina Rush's (PUCCF) next exploration plans at Brewer?
