Welcome to our dedicated page for Carolina Rush news (Ticker: PUCCF), a resource for investors and traders seeking the latest updates and insights on Carolina Rush stock.
Carolina Rush Corporation explores the Brewer Gold-Copper Project in South Carolina, a Southeastern U.S. mineral project with near-surface epithermal gold-copper mineralization and deeper porphyry-style exploration potential. Company updates center on drill programs, geologic interpretations, copper and gold assay results, and work conducted under its active earn-in exploration partnership with OceanaGold Corporation.
Other recurring developments include capital-structure and governance actions such as stock option and restricted share unit grants, board appointments, and disclosures tied to Canadian public-company exploration reporting, including technical review under NI 43-101.
Carolina Rush (OTCQB: PUCCF) has announced the cancellation of its special shareholder meeting originally scheduled for October 21, 2025, due to the ongoing Canada Post national strike that began on September 25, 2025. The meeting was intended to address the company's earn-in to joint venture agreement with OceanaGold Corporation signed on September 15, 2025.
The company requires mailing printed copies of meeting materials to shareholders at least 21 days before the meeting date, as per regulatory requirements. The meeting will be rescheduled once postal services resume. Meanwhile, Carolina Rush continues preparation work with OceanaGold for a planned deep drill program at the Brewer project, which awaits shareholder approval.
Carolina Rush (OTCQB: PUCCF) has entered into a significant Earn-In Option Agreement with OceanaGold Corporation for the Brewer Gold-Copper Project in South Carolina. Under the agreement, OceanaGold can earn up to 80% interest in the project through a two-stage investment totaling US$20 million by December 31, 2030.
The deal structure includes US$8 million in exploration expenditures by 2027 for a 50% interest (Stage 1), and an additional US$12 million by 2030 for an extra 30% interest (Stage 2). OceanaGold will provide an immediate US$150,000 advance and commit US$1.5 million within 12 months, subject to Carolina Rush shareholder approval at a Special Meeting on October 21, 2025.
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 (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.