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 (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+.
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