Carolina Rush Reports Drill Results from the Tanyard Zone, South of the Historic Brewer Mine
Carolina Rush Reports Drill Results from the
Tanyard Zone, South of the Historic Brewer
Mine
Toronto, Ontario--(Newsfile Corp. - February 26, 2024) - Carolina Rush Corporation (TSXV: RUSH)
(OTCQB: PUCCF) ("Carolina Rush", "Rush" or the "Company") is pleased to report initial assay results
from drilling on the recently identified Tanyard breccia zone located south of the historic Brewer mine in
South Carolina. The Tanyard Zone is a new diatreme breccia zone identified about 150 m south of the
Brewer pit.
The breccia was recognized in drill hole B21C-015 in 2021, intersecting 62.4 m of 1.03 g/t
Au and 0.15% Cu from 44.6 m (
see news release of 24 November 2021
).
The Company recently completed drill holes 21 and 22 following up on these encouraging results (see
Figure 1).
Both holes successfully intersected the diatreme breccia and contain strong sulfide and visible
copper mineralization.
Drill results include:
B23C-021: assays delayed;
B23C-022: 56.0 m @
0.7 g/t Au and 0.11% Cu from 49.0 m.
including 27.0 m @ 1.01 g/t Au and 0.13% Cu.
Patrick Quigley, Senior Geologist and Exploration Manager, stated: "The results from drill hole 22 on the
new Tanyard Zone confirms that the Brewer property has an encouraging new gold-copper zone outside
of the historic Brewer pit. We are excited about this new zone which is open in all directions, while we
anticipate the pending results from drill hole 21, which have been delayed."
Table 1: Drill Results to Date at the Tanyard Zone
Hole ID
From (m)
To (m)
Interval (m)
Au (g/t)
Cu (%)
B21C-015
44.60
107.00
62.40
1.03
0.15
including
76.50
97.70
21.20
2.23
0.36
B23C-021
Assays pending
B24C-022
49.00
106.50
56.00
0.70
0.11
including
53.88
80.85
26.97
1.01
0.13
Figure 1: Plan Map Showing Most 2023-2024 Brewer Drill Holes
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5156/199045_0c1ab52e44c5e85e_003full.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 >80% passing -200 mesh. Gold was analyzed by fire assay (30 g) with
an AA (atomic absorption) finish (method Au-AA23) with detection limits of 0.005 g/t gold. Samples
containing greater than 10.0 g/t gold are analyzed by fire assay with a gravimetric finish (method Au-
GRA21). Multielement analyses were analyzed with ICP-MS following a four-acid digestion (method ME-
MS61) and samples containing >1.0% copper are analyzed via method Cu-OG62. Strict sampling and
QA/QC protocols are followed, and assay integrity is monitored internally with a quality control program
including the insertion of gold standards and blanks in the sample stream on a regular basis.
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, 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:
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.
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