Carolina Rush Corporation Stock Price, News & Analysis

Carolina Rush (OTCQB: PUCCF) has refiled its Technical Report for the Brewer Gold-Copper Project following an Ontario Securities Commission review. The amended report includes key modifications: removal of Patrick Quigley as co-author to ensure independence, updated CIM Guidelines implementation, and enhanced metallurgical recovery assumptions.

The project's Indicated Resource stands at 6,167,000 tonnes grading 0.97 g/t Au and 1,266 ppm Cu, containing 192,000 oz gold and 16.67 million lbs copper. Inferred Resources total 8,828,000 tonnes at 0.74 g/t Au and 425 ppm Cu, containing 210,000 oz gold and 8.28 million lbs copper. Additional Inferred Backfill Resources of 11,900,000 tonnes at 0.36 g/t Au and 345 ppm Cu were reported.

Carolina Rush (PUCCF) has filed its maiden NI 43-101 Technical Report for the Brewer Gold-Copper Project in South Carolina. The report outlines significant mineral resources: Indicated resources of 6,022,000 tonnes grading 1.04 g/t gold and 1,266 ppm copper, containing 202,000 oz gold and 16.8M lbs copper. Inferred resources total 7,805,000 tonnes at 0.84 g/t gold and 460 ppm copper, containing 210,000 oz gold and 7.9M lbs copper. Additionally, the project includes backfill resources of 11.9M tonnes at 0.36 g/t gold and 345 ppm copper, containing 139,000 oz gold and 9.05M lbs copper. The project is strategically located 13km from the producing Haile Gold Mine.

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

The resource remains open for expansion, particularly at depth. The company plans to conduct a deep-sensing geophysical survey followed by a deep drill program to test for copper porphyry mineralization. The MRE was calculated using a 3-year gold price of US$2,045/oz and assumed mining costs of US$33/tonne.

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.