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Carolina Rush Identifies Compelling Porphyry Drill Targets from Deep-Sensing MT-IP Geophysical Survey at Brewer Gold-Copper Project

Exploration Programs

Carolina Rush Identifies Compelling Porphyry

Drill Targets from Deep-Sensing MT-IP

Geophysical Survey at Brewer Gold-Copper

Project

Toronto, Ontario--(Newsfile Corp. - April 28, 2025) - Carolina Rush Corporation (TSXV: RUSH)

(OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") is pleased to report initial results and

analysis from its recently completed magnetotelluric (MT) and induced polarization (IP) geophysical

surveys conducted at its Brewer Gold-Copper Project in South Carolina, USA. The survey has revealed

compelling subsurface features that suggest the presence of a buried porphyry system.

Highlights

A large columnar zone of low resistivity has been identified below and west of the former mine,

extending to depths greater than 1,500 meters.

A broad halo of high chargeability surrounds this zone, extending more than 500 meters deep.

Magnitudes and geometries of the low-resistivity and high-chargeability bodies are consistent with

an inferred intrusion and sulfide shell, and may represent the underlying porphyry source for

Brewer's high sulfidation Au-Cu mineralization.

The geophysical models, in conjunction with geological models, present compelling drill targets to

test for the presence of a buried Cu-Au porphyry system.

"We are extremely encouraged by these results, which confirm our long-standing belief in Brewer's

deeper porphyry potential," said Layton Croft, Carolina Rush President and CEO. "The clear data-driven

correlation between our geological model and geophysical signatures provides a powerful case for a

buried porphyry system. These are exactly the kind of high-quality deep drill targets we had hoped the

MT-IP survey would reveal. Now we are designing a drill program to determine the mineralization

potential of the Brewer porphyry target."

Survey Parameters and Design

The Brewer MT-IP survey was conducted by Zonge International Geophysical Services (Zonge) over a

four-week period beginning February 24, 2025. The survey consisted of 5 lines approximately 3.8 km in

length spaced 200 meters apart across the Brewer property (see Figure 1). The survey was designed to

cover the extent of advanced argillic alteration exposed on the surface, and to map the geology down to

depths of approximately 1,500 meters.

The tensor MT survey was conducted with 100-meter stations

along each line. The dipole-dipole IP survey was conducted with 400-meter transmitter dipoles and 100-

meter receiver dipoles, with 100-meter array moves up to N=32.5.

Figure 1. Index Map Showing Location of Deep-Sensing MT-IP Survey

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5156/249841_8d2b34dc9438c901_003full.jpg

Figure 2. Cutaway Section View Through 3D MT Resistivity Volume Showing Low-Resistivity

Columnar Body Inferred to Represent a Deep Porphyry System

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5156/249841_8d2b34dc9438c901_004full.jpg

Discussion and Analysis

2D section models were generated from both the MT and IP data. These 2D models were gridded in 3D

volumes to facilitate multi-dimensional analyses as shown in Figure 2 above and Figure 3 below. The 3D

MT resistivity and IP chargeability volumes are instrumental in characterizing the inferred deep porphyry

system.

The MT-IP surveys were designed to test the concept that a deep porphyry Cu-Au system is the source

for Brewer's high sulfidation Au-Cu mineralization at and near surface (see Figure 4). Analyses of the 3D

MT resistivity volume confirm the presence of a low-resistivity columnar body extending from below the

former Brewer mine to depths > 1,500 meters, an excellent representation of a typical porphyry system

(Figure 4). The conceptual porphyry model shown in Figure 4, and the geophysical models and RAB

geochemistry shown in Figure 3, are in excellent agreement. The deep-sensing MT-IP survey has proven

successful at furthering the understanding of Brewer's porphyry Cu-Au potential.

The Brewer Exploration Team is now integrating all geological, geochemical, and geophysical datasets

to design a focused drill program aimed at testing the inferred porphyry system interpreted from the

recent MT-IP surveys.

Figure 3.

Cutaway Section View Through 3D IP Chargeability Volume Showing Spatial

Relationship Between Low-Resistivity Columnar Body and High-Chargeability Body Wrapping

Around, Together With Polygon Showing RAB Drill Assays > 0.1 g/t Au

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5156/249841_8d2b34dc9438c901_005full.jpg

Figure 4. Brewer Surface Geology and Conceptual Porphyry Cu-Au System

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/5156/249841_8d2b34dc9438c901_006full.jpg

Finally, as a follow up to its

February 18, 2025 news release

, the Company now confirms that it has

dropped its Sawyer and New Sawyer exploration projects in North Carolina. This is due to the priority of

focusing on exploring Brewer's deeper porphyry copper-gold potential.

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 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 (

https://oceanagold.com/operation/haile/

).

The proximity of the Brewer Gold-Copper Project to the Haile Gold Mine does not imply that

mineralization or results from Haile are indicative of mineralization at Brewer.

For further information, please contact:

Layton Croft, President and CEO

or

Jeanny So, Corporate Communications Manager

E:

[email protected]

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. This news release contains forward-looking information pertaining to

the Company's 2025 Maiden MRE; that the mineral resource remains open at depth, the potential for

future MRE growth from deeper drilling, and/or future exploration. 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.sedarplus.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/249841