Extends Tanyard Breccia Zone at Brewer
Carolina Rush Intersects 206 m @ 0.66 g/t Au,
Extends Tanyard Breccia Zone at Brewer
Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Carolina Rush Corporation (TSXV: RUSH)
(OTCQB: PUCCF) ("Carolina Rush," "Rush" or the "Company") is pleased to report results from the last
two holes drilled in the Tanyard Breccia Zone at its Brewer Gold-Copper Project in South Carolina.
Analytical results have been received for holes 35 and 36, both targeting the Tanyard Breccia Zone
south of the former Brewer mine (see Table 1, Figure 1 and Figure 2).
Highlights:
B24C-036:
206.3 m @ 0.66 g/t Au from 63.2 meters depth (50 meters below surface), which
includes:
21.0 m @ 1.05 g/t Au and 0.29% Cu from 97.0 meters depth
45.0 m @ 1.20 g/t Au from 221.5 meters depth
75 meter down-dip extension from previous intersections
Tanyard Breccia Zone remains open for expansion
Carolina Rush President and CEO Layton Croft stated: "We continue to report exciting results at the
recently discovered Tanyard Breccia Zone. Hole 36 contains an exceptionally thick mineralized intercept
starting at 50 meters below surface. The hole then extends the Zone 75 meters down-dip. This is
encouraging as it keeps the Tanyard Zone open for further expansion (see Figure 1). The phase four drill
program is now complete, with analytical results pending for the last hole of the program (Hole 16x), an
extension of Hole 16 that was collared ~350 meters north-northwest of the former Brewer mine (see
Figure 2)."
Table 1.
Composited Assay Results for Holes B23C-035 & B24C-036
BHID
From (m)
To (m)
Interval* (m)
Au (g/t)
Cu (%)
B24C-035
112.00
125.00
13.00
0.27
<0.1
B24C-036
27.40
41.30
13.90
0.68
<0.1
63.20
269.50
206.30
0.66
<0.1
Incl.
97.00
118.00
21.00
1.05
0.29
and
221.50
266.50
45.00
1.20
<0.1
Incl.
236.10
252.00
15.90
2.03
<0.1
*Reported intervals are drilled width and do not represent true width.
Figure 1.
Tanyard - Brewer Vertical Cross Section (looking West)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5156/232526_337c2b30844b7be7_003full.jpg
Drill hole B24C-035 was drilled to a depth of 232 meters with an azimuth of 120° and a -65° inclination
and undercut drill hole B24C-034 (61.0 m @ 1.7 g/t Au, 0.3 % Cu, see news release dated October 21,
2024). Hole 35 intersected the peripheral quartz-pyrophyllite alteration that typically occurs proximal to
the silicified breccia which is the primary host for gold+/-copper mineralization.
Drill hole B24C-036 was drilled to a depth of 310 meters with an azimuth of 300° and a -52° inclination,
and was the first hole testing the Tanyard Breccia at this orientation. The hole encountered 206 meters of
continuous mineralization starting from 63 meters down hole (approximately 50 meters below surface).
Within this broad mineralized zone two discrete zones of pyritic, silicified breccia were encountered and
contain higher levels of gold +/- copper (see Table 1). Significantly, hole 36 demonstrates the down-dip
continuation of the Tanyard Breccia and extended mineralization 75 meters from previous drill
intersections where the zone remains open for expansion (see Figure 1).
Figure 2.
Brewer Project Plan Map Showing Drill Hole Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5156/232526_337c2b30844b7be7_004full.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. ALS Minerals is
accredited in accordance with International Standard ISO/IEC 17025:2017 and also inserts its own
certified reference materials plus blanks and duplicates. Strict sampling and QA/QC protocols are
followed, and assay integrity is monitored internally with a quality control program including the insertion
of standards and blanks every 10
th
sample within the sample stream. Assay results are reviewed, and
discrepancies are investigated prior to incorporation into the Company's database.
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 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/232526