Carolina Rush Corporation · TSXV:RUSH
Carolina Rush — Investor Presentation (May 2026)
20 slides from Carolina Rush's investor presentation, May 2026
Slide 1: Built on Gold. Testing for Scale.
TSXV: RUSH | OTCQB: PUCCF BUILT ON GOLD. TESTING FOR SCALE. Partnered with Initial Gold Resource with Copper Porphyry Potential Q2 - 2026 Corporate Presentation Q2 - 2026 TSXV: RUSH | OTCQB: PUCCF 1
Slide 2: Disclaimer
Disclaimer This Presentation is not an offer to buy or sell the securities referenced herein, nor has the Securities and Exchange Commission or any state, provincial or territorial regulatory authority determined if this Presentation is truthful or complete. Any representation to the contrary is a c
Slide 3: Mineral Resource Estimate Technical Disclosure
Mineral Resource Estimate Technical Disclosure All scientific and technical information relation to the Mine ral Resource Estimate (”MRE”) of the Bre wer Go ld-Copper Project contained in this pres entation is de rived from the ne ws release dated August 8, 2025 title d “Carolina Rush Announces Refi
Slide 4: Why Carolina Rush & Why Now
Why Carolina Rush & Why Now Backed by a Gold Producer • OceanaGold committing to up to US$20M to test the system First-Ever Deep Drilling • Initial drilling targeting underlying copper porphyry system Existing Gold Resource • 192k oz indicated + 349k oz inferred provides baseline value Initial Deep
Slide 5: Backed by a Mid-Tier Gold Producer
Backed by a Mid-Tier Gold Producer OceanaGold is funding the initial deep drill test of the porphyry target TESTING THE PORPHYRY TARGET OceanaGold earn-in decision Continuation following First deep porphyry drilling US$1.5M min spent to be made Resource expansion potential completed once all results
Slide 6: OceanaGold Earn-In Structure
OceanaGold Earn-In Structure Agreement entered September 15, 2025 STAGE EXPENDITURE OGC INTEREST DEADLINE Key Terms: • OceanaGold operates Haile, 13 km away – they have direct geological knowledge of the district Stage 1 Minimum Spend US$1.5M 0% 12 months • Minimum commitment ($1.5M) drilling comple
Slide 7: Brewer Maiden Mineral Resource Estimate
Brewer Maiden Mineral Resource Estimate In situ & pit backfill Summary of 2025 Maiden Mineral Resource Estimate Brewer In Situ Mineral Resource Visual Validation Au Cu Tonnes Resource Classification Oz Au g/t M lbs % (Mt) In Situ Indicated 192,000 0.97 16.7 0.13 6.2 Brewer Backfill Mineral Resource
Slide 8: The Porphyry Target
The Porphyry Target Diatreme breccias and porphyry target Geological evidence is consistent with a larger Porphyry Cu Model Cross system at depth Brewer Geology: Exploration Model Section Brewer’s epithermal Au-Cu mineralization at surface is consistent with the high-level expression of a porphyry C
Slide 9: First Systematic Deep Drill Program at Brewer
First Systematic Deep Drill Program at Brewer 3,579 meters completed across three holes • Over 3,579 m completed across three holes: Location of Phase 1 Deep Drill Holes • Hole 37: 1,288 m • Hole 38: 1,374 m • Hole 39: 917 m • Confirmed a large hydrothermal alteration system extending to depths exce
Slide 10: Key Geological Observations from Hole 37
Key Geological Observations from Hole 37 Informing the Company’s Exploration Model • 410m of chalcopyrite-bearing copper mineralization • B-type veining at multiple depths; highest density 170–223m and 570–640m • Alteration zonation and geophysical reinterpretation vector northwest — Hole 38 collare
Slide 11: Interpretation and Next Steps
Interpretation and Next Steps Results pending for Hole 38 & 39 Hole 37 MT-IP Line 3 Resistivity Section (looking SW) and Location of Deep Drill Holes • MT anomaly = alteration contrast, not intrusive body • System vectors northwest and at depth Status • Hole 38 & 39 results pending • Full dataset in
Slide 12: Key Investment Considerations
Key Investment Considerations Value drivers at current stage Established Favourable resource baseline jurisdiction • OceanaGold spending up to • Hole 37 confirmed 410 m of U$20M; chalcopyrite-bearing Cu • RUSH carries no exploration • 192k oz Au Indicated + 349k mineralization at depth • Brownfield
Slide 13: Capital Structure & Contact Information
Capital Structure & Contact Information CAPITAL STRUCTURE SHARE DISTRIBUTION VALIDATED ASSET PORPHYRY TARGET Share Price $0.12 Shares Outstanding 90,799,482 US$20 M 1 Km Scale Hydrothermal system Warrants (avg.$0.205) 31,662,748 Retail OceanaGold earn-in drilling confirmed at depth 20% underway Opti
Slide 14: Management & Advisory Team
Management & Advisory Team Operational leadership advancing exploration, strategy and execution LAYTON CROFT – President, CEO & Director DAVID BURROWS – Technical Advisor • 30 years global experience, including 20 years in mining and exploration • Former Chief Geologist, Vale; led global exploration
Slide 15: Appendix
TSXV: RUSH | OTCQB: PUCCF APPENDIX Q2 - 2026 Q2 - 2026 TSXV: RUSH | OTCQB: PUCCF 15
Slide 16: Brewer History
Brewer History 200 years of gold prospecting, exploration and mining Brewer becomes a Superfund Site When the company abandoned the site in 1999, the U.S. Environmental Protection 1990 Flood Event Agency (EPA) took title to the site and oversaw water treatment operations to Drilling in 1970s contain
Slide 17: Summary of Best Interceptions at Brewer
Summary of Best Interceptions at Brewer 36 Holes drilled by Carolina Rush prior to 2026 drill program To Au Cu RANK Drill Hole From (m) Interval (m) Au GxT (m) (g/t) (%) 1 B23C-021 111.50 174.00 62.50 8.45 0.28 528 2 B21C-005 56.00 237.60 181.60 1.24 0.27 225 3 B24C-036 63.20 269.50 206.30 0.66 <0.1
Slide 18: Highest Grades
Highest Grades Within broad mineralized zones Drill Hole From (m) To (m) Interval (m) Au (g/t) Cu (%) B20C-004 66.41 182.00 115.59 0.91 0.17 Incl. 150.50 166.00 15.50 2.35 0.46 Incl. 162.55 166.00 3.45 5.29 1.19 B21C-005 56.00 237.60 181.60 1.24 0.27 Incl. 62.00 137.00 75.00 2.13 0.26 64.90 75.00 10
Slide 19: Best Copper Results
Best Copper Results Core drilling BHID From (m) To (m) Interval (m) Au* (g/t) Cu* (%) B20C-004 161.4 169.0 7.6 2.96 0.97 B21C-005 71.9 87.5 15.6 1.43 0.54 and 190.9 210.2 19.3 0.86 0.65 and 221.0 226.0 5.0 0.45 0.51 B21C-008 105.5 149.2 43.7 2.05 0.54 B21C-015 81.5 88.5 7.0 2.88 0.74 B23C-018 203.09
Slide 20: Tanyard Breccia Extended
Tanyard Breccia Extended Testing the breccia along ~250m of strike from 50-150m below surface Drill Hole From (m) To (m) Interval (m) Au (g/t) Cu (%) B21C-015 44.60 107.00 62.40 1.03 0.15 Tanyard Zone Inclined Section Looking South Incl. 76.50 97.70 21.20 2.23 0.36 B23C-021 111.50 174.00 62.50 8.45