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Carolina Rush Reports Maiden Mineral Resource Estimate for Brewer Gold-Copper Project, South Carolina, USA
Toronto, Ontario--(Newsfile Corp. - March 20, 2025) - Carolina Rush Corporation (TSXV: RUSH) (OTC...
About this update from Carolina Rush Corporation
[{"type":"text","content":"Carolina Rush Reports Maiden Mineral Resource Estimate for Brewer Gold-Copper Project, South Carolina, USAToronto, Ontario--(Newsfile Corp. - March 20, 2025) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (\"Carolina Rush,\" \"Rush\" or the \"Company\") is pleased to provide the results of its maiden Mineral Resource Estimate (\"MRE\") for the Brewer Gold-Copper Project in Chesterfield County, South Carolina, USA.Highlights:Brewer In Situ Mineral Resource: Indicated: 202,000 oz Au and 16.8Mlbs Cu within 6.0Mt @ 1.04 g/t Au and 0.13% CuInferred: 210,000 oz Au and 7.9Mlbs Cu within 7.8Mt @ 0.84 g/t Au and 0.06% CuBrewer Backfill Mineral Resource: Inferred: 139,000 oz Au and 9.7Mlbs Cu within 11.9Mt @ 0.36 g/t Au and 0.03% CuOpen for Expansion: the Brewer mineral resource remains open for potential expansion in several directionsRush President and CEO Layton Croft stated: \"The release of our maiden Mineral Resource Estimate at Brewer is a key milestone. It quantifies our work to date and reinforces the scale potential of this large, underexplored gold-copper system. The resource remains open for expansion, particularly at depth, where our exploration model suggests potential for a deeper mineralized deposit. To further understand and unlock Brewer's potential, we will soon complete a deep-sensing geophysical survey designed to map subsurface lithology and identify key geological structures that may control mineralization. Based on that, we intend to conduct a deep drill program to test for copper porphyry mineralization.\" Brewer In Situ Mineral Resource EstimateThe Brewer maiden mineral resource estimate was prepared under National Instrument 43-101 (\"NI 43-101\") standards by Independent and Qualified Person (QP), Patrick J. Hollenbeck. The Mineral Resource Estimate (Table 1) was constructed using all available drilling information available for the Brewer project, including Carolina Rush core drilling (n = 36); Carolina Rush rotary airblast drilling (n = 194); Historical drilling (n = 1,020); and Historical production blastholes (n = 49,926). The Brewer Mineral Resources are reported at a 0.5 g/t Au cutoff considered for \"reasonable economic extraction\" and were calculated using a 3-year gold price (Jan. 2022 – Dec. 2024) of US$2,045/oz and an assumed all-in mining and processing cost of US$33/tonne. Tab...