Carolina Rush Corp. has entered into an agreement with Paradigm Capital Inc. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed, in connection with a "best efforts" private placement offering of up to 15,000,000 units of the Company to be issued at $0.20 per Unit for gross proceeds of up to $3 million. Each Unit will consist of one common share in the capital of the Company and [...]
Carolina Rush Corp. is pleased to report assay results from two exploration trenches that were constructed on Rush's Sawyer Gold Mine property in Randolph County, North Carolina. The Sawyer property contains at least four parallel zones of gold mineralization that were mined at various times dating back to 1820. The area contains 7 vertical shafts with evidence of prospecting extending along a 2,500-meter trend with [...]
Carolina Rush Corp. is pleased to report assay results from the core hole B23C-021, the first follow-up drill hole at the Tanyard Breccia. The Tanyard Zone is a new diatreme breccia zone discovered 150 m south of the historic Brewer Breccia. The Tanyard Zone was discovered in drill hole B21C-015 in 2021, which intersected 62.4 m of 1.03 g/t Au and 0.15% Cu from 44.6 m . Drill results for B23C-021 include: 9.5 m @ 0.36 g/t [...]
Carolina Rush Corp. 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 . The Company recently [...]
Carolina Rush Corp. has negotiated a major modification to its Option Agreement for the acquisition of the Brewer Mine Property in South Carolina. Rush has executed the Fifth Amendment to the Brewer Option Agreement with the Brewer Gold Receiver , which eliminates any option payments during exploration and until closing a potential purchase. Highlights: No option payments for remainder of Option Period Purchase price [...]
Carolina Rush Corp. is pleased to provide an update for the Brewer Gold-Copper Project in South Carolina, including results from Hole 20. Eight diamond drill holes that produced 2,022 meters of Brewer core were completed from October 2023 through January 2024 . Layton Croft, President and CEO, commented: "Our recent drill program had three objectives: i) To define and extend the mineralization beneath the former Brewer [...]
Carolina Rush Corp. announces results for the first two drill holes of its ongoing 2,000-meter drill program at the Brewer Gold and Copper Project in South Carolina. Highlights: Hole 18 intersected: 74.50 meters of 1.1 g/t Au and 0.12% Cu from 166.50 meters depth, including 11.50 meters of 3.1 g/t Au and 0.12% Cu from 168.00 meters, and 13.50 meters of 1.7 g/t Au and 0.68% Cu from 203.09 meters . Hole 19 intersected [...]
Carolina Rush Corp. announces that the first two drill holes of its ongoing 2,000-meter drill program at the Brewer Gold-Copper Project in South Carolina intercepted wide zones of mineralized breccia, confirming the down-dip and western extension of the targeted breccia structure beneath the former mine . Highlights: B23C-018 intercepted a 55-meter zone of strongly altered and variably mineralized breccia that includes a [...]
Carolina Rush Corp. announces that a 2,000-meter core drilling campaign has commenced at its flagship Brewer Gold-Copper Project located in Chesterfield County, South Carolina. Layton Croft, President and CEO, stated: "We eagerly anticipate further exploration of the key target areas our team has delineated using data derived from our previous highly successful drilling and geophysical programs. The inaugural drill holes [...]
Carolina Rush Corp. will commence a 2,000 meter core drilling program during the first week of October at its flagship Brewer gold and copper project in South Carolina. Drilling will focus on expanding mineralization identified during the prior drill program beneath the historic pit, and will follow up on the new discovery south of the former mine as well as new targets. "The Carolina Rush technical team, led by [...]
Carolina Rush Corp. is pleased to announce that it has closed a "best efforts" brokered private placement with Paradigm Capital Inc. , acting as agent, through the issuance of 666,700 units of the Company at a price of $0.15 per Unit for gross proceeds of $100,005. In addition, the Company has closed the concurrent non-brokered private placement through the issuance of 14,238,236 Unit at a price of $0.15 per Unit for [...]
Carolina Rush Corp. announces that it has entered into an engagement agreement with Paradigm Capital Inc. pursuant to which Agent will act as agent to sell up to 1,333,400 units of the Company at a price of $0.15 per Unit for gross proceeds to the Company of up to C$200,010 . In addition, the Company announces that further to its press release of June 19, 2023, the Company has applied to the TSX Venture Exchange for an [...]
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