202613 releases
Carolina Rush Expands Jefferson Project With Strategic Acquisition of A1 Gold Prospect
A new 12-year mineral lease agreement covering approximately 44 acres containing the historically drilled A1 gold prospect, two kilometers northeast of the Brewer Gold-Copper Project in Chesterfield County, South Carolina, expands the Jefferson Project to 11 leases over 2,612 acres and the combined Brewer-Jefferson position to 3,524 acres. Historical Pancontinental drilling of six holes totalling 912 meters returned 22.8 meters at 1.3 g/t Au from 100.6 meters (JEF-108) and 6.8 meters at 2.13 g/t Au from 69.2 meters (JEF-109). Dr. Laurie Curtis is stepping down from the Board and resuming his role as Senior Advisor.
AcquisitionCarolina Rush Retains 100% Interest in Brewer Gold-Copper Project Following OceanaGold Withdrawal from Earn-In Agreement
OceanaGold has terminated its Earn-In to Joint Venture Agreement on the Brewer Gold-Copper Project in Chesterfield County, South Carolina, leaving Carolina Rush with 100% interest and operational control plus all data and core from approximately US$2 million of OceanaGold-funded exploration; funding a further US$6 million would have earned OceanaGold a 50% interest. Following Dr. Richard Sillitoe's June 2026 review and the three-hole 2026 program, two priority deep holes northwest and west-northwest of Hole 38 have been defined, with the first to be drilled from existing working capital.
AcquisitionCarolina Rush Improves Commercial Terms of Brewer Option Agreement with Government
A Sixth Amendment to the Brewer Option Agreement has been executed with the Brewer Gold Receiver, changing the estimated US$27 million purchase price for the Brewer Mine Property in South Carolina from a lump sum at closing to 10 equal annual installments of 10% each, beginning if and when new mining operations are fully permitted by state and federal authorities. Financial assurance at closing can be satisfied through one of five non-cash methods. All other provisions of the agreement remain in effect.
AcquisitionCarolina Rush Expands Jefferson Project Adjacent to Brewer
Nine new mineral lease agreements covering 2,524 acres have been executed adjacent to the west and northwest of the Brewer Gold-Copper Project in Chesterfield County, South Carolina, expanding the 100%-owned Jefferson Project to ten active leases over 2,568 acres and creating a contiguous 3,480-acre package with Brewer. Eight of the ten leases carry no annual lease payments for the first 10 years and include a future production royalty; two have annual payments and no royalty. No securities were issued and no finder fees were paid.
NewsCarolina Rush Extends Warrants
TSX Venture Exchange approval has been received to extend the expiry date of 7,452,468 common share purchase warrants from August 15, 2026 to August 15, 2027, via a supplemental warrant indenture. The warrants were issued under a brokered private placement of 14,904,936 units at $0.15 per unit that closed August 15, 2023, with each warrant exercisable at $0.20 per common share. All other warrant terms remain unchanged.
CorporateCarolina Rush Appoints Patrick Quigley Vice President of Exploration, Grants RSUs and Options, Extends Warrants
Patrick Quigley has been appointed Vice President of Exploration of Carolina Rush, effective immediately; he joined in mid-2020, was named Senior Geologist and Exploration Manager in January 2022, serves as Qualified Person, and has 18 years of experience. On July 9, 2026, the Company granted 1,035,000 RSUs vesting one-third annually over three years and 1,075,000 options exercisable at $0.16 for three years. Subject to TSXV approval, the expiry of 7,624,468 warrants exercisable at $0.20 will be extended from August 15, 2026 to August 15, 2027.
ManagementCarolina Rush Reports Final Results of Initial Brewer Porphyry Drill Program, Intersects Near-Mine Epithermal Gold-Copper Mineralization
Hole B26C-039 at the Brewer Gold-Copper Project in South Carolina returned 51.15 metres grading 0.62 g/t gold and 0.22% copper from 214.0 metres, including 12.12 metres at 1.04 g/t gold and 0.60% copper from 217.5 metres, a 50-metre step-out from the nearest hole used in the current resource. The hole, drilled to 917 metres, completes the initial three-hole deep drill program funded under OceanaGold's earn-in, which may reach 80% by spending US$20 million by 2030.
Drill resultsCarolina Rush Intersects Copper-Gold Mineralization Below Lithocap at Brewer, Confirming Copper-Gold Porphyry System
Hole B26C-038 at the Brewer Gold-Copper Project in Chesterfield County, South Carolina returned 60 meters of 681 ppm Cu and 0.24 g/t Au from 1,027 meters and 68 meters of 470 ppm Cu and 0.15 g/t Au from 936 meters, with individual 2-meter samples up to 0.15% Cu and 0.68 g/t Au. Drilled to 1,374 meters, it is the first hole at Brewer to intersect copper-gold mineralization below the lithocap. Results for Hole 39 are pending. OceanaGold has met its US$1.5 million Q2 2026 spending commitment.
Drill resultsCarolina Rush Shareholders Approve All Proposals at the Annual General and Special Meeting, Including Election of New Board Members
Shareholders approved all resolutions at Carolina Rush's annual general and special meeting held June 4, 2026, including the election of directors, appointment of auditors and the Company's omnibus long-term incentive plan. Five directors were elected: Laurence Curtis, Don MacLean, Brahm Spilfogel, William Webster IV and Thomas Layton Croft, with Spilfogel as board chair. Gordon Babcock and David Petroff have departed as independent directors. Carolina Rush is advancing the Brewer Gold-Copper Project in Chesterfield County, South Carolina.
CorporateCarolina Rush Confirms Kilometer-Scale Hydrothermal System at Depth and Identifies Copper Porphyry Vectors at Brewer Project
An initial three-hole, 3,579-metre deep drill program at the Brewer Gold-Copper Project in South Carolina, funded by OceanaGold under a US$20 million earn-in, confirmed a hydrothermal alteration system extending beyond one kilometre depth. Hole 37, drilled to 1,288 metres, intersected 410 metres averaging 183 ppm copper from 198 metres, including 78 metres at 260 ppm from 538 metres and 14 metres at 490 ppm from 592 metres, hosted mainly in chalcopyrite. No porphyry centre was identified; results for Holes 38 and 39 are pending.
Drill resultsCarolina Rush Announces Grant of Restricted Share Units
An aggregate of 678,000 restricted share units have been granted to an officer of Carolina Rush Corporation under the Company's omnibus long-term incentive plan. The RSUs vest in three equal tranches on the first, second and third anniversaries of the grant date. The company is advancing the Brewer Gold-Copper Project in South Carolina in partnership with OceanaGold Corporation.
CorporateCarolina Rush Announces Option Grant
An aggregate 3,750,000 stock options have been granted to certain officers, directors and consultants of Carolina Rush Corporation, exercisable at $0.20 per common share for a period of five years. Shares issuable on exercise are subject to a four month hold period from the grant date. The company is advancing the Brewer Gold-Copper Project in South Carolina under an Earn-In Option Agreement with OceanaGold Corporation.
CorporateCarolina Rush Announces Re-Appointment of Laurie Curtis to the Board of Directors
Dr. Laurie Curtis has rejoined the board of directors of Carolina Rush Corporation (TSXV: RUSH; OTCQB: PUCCF), effective immediately. Curtis is an economic geologist and geochemist with more than four decades of exploration and development experience, previously served as President, CEO and COO of Intrepid Mines Ltd. from 1996 to 2007, and is currently non-executive Chairman of Excellon Resources. He previously sat on Carolina Rush's board and currently acts as a Strategic Advisor to the Company.
Management
202513 releases
Carolina Rush-OceanaGold Partnership to Commence Deep Drilling at Brewer in January 2026
The Earn-In Option Agreement with OceanaGold for the Brewer Gold-Copper Project in South Carolina became active on November 26, 2025, with all conditions satisfied. The joint Technical Committee approved a Stage 1 program of approximately 3,000 meters of drilling beginning January 5, 2026, comprising DDH A-1 (~1,500 m), DDH A-2 (~1,500 m) and DDH B-1 (~1,000 m) targeting deep MT-IP porphyry copper-gold anomalies. OceanaGold must spend a minimum of US$1.5 million in Phase 1 and US$8 million by end-2027 to earn 50%.
Drill resultsCarolina Rush Announces Closing of Private Placement
A non-brokered private placement has closed, with 31,799,360 units issued at C$0.11 per unit for gross proceeds of $3,497,929.66, to be used for general working capital. Each unit includes one common share and one-half warrant exercisable at C$0.16 for two years. Finders received $7,821 in cash commissions and 71,100 broker warrants at $0.16; an insider acquired 3,845,454 units, making the offering a related party transaction under MI 61-101.
FinancingCarolina Rush Shareholders Approve OceanaGold Transaction; Upsizes Private Placement
Shareholders approved the earn-in to joint venture agreement with OceanaGold at a November 26, 2025 special meeting, with 99.8% of voted shares in favour versus the 66.7% required. The agreement gives OceanaGold an option to earn up to 80% of the Brewer Gold-Copper Project in South Carolina by spending up to US$20 million over five years; a Stage 1 program of about 3,000 metres of drilling begins January 5, 2026. The non-brokered private placement was upsized from C$3.0 million to up to C$3.5 million, at C$0.11 per unit, with closing expected on or about December 4, 2025.
FinancingCarolina Rush Announces C$3 Million Non-Brokered Private Placement
A non-brokered private placement of up to 27,272,727 units at C$0.11 per unit for gross proceeds of up to C$3 million is planned, with each unit comprising one common share and one-half warrant exercisable at C$0.16 for two years. The offering is conditional on shareholder approval of the proposed transaction with OceanaGold at a special meeting set for November 26, 2025, with closing anticipated on or about December 4, 2025. Proceeds are for working capital and general corporate purposes.
FinancingCarolina Reschedules Special Shareholder Meeting for November 26, 2025
A special shareholder meeting has been rescheduled to November 26, 2025, at 11:00 a.m. (Toronto time), following the end of the Canada Post strike. The meeting will consider the proposed transaction with OceanaGold under an earn-in to joint venture agreement executed September 15, 2025 between Carolina Rush, subsidiary Pancon Resources Carolinas Corporation and OceanaGold Minerals U.S. Inc., covering the Brewer Gold-Copper Project in South Carolina. Completion requires TSX Venture Exchange acceptance and shareholder approval by special resolution.
Corporate
202416 releases
202317 releases
Carolina Rush Provides Brewer Exploration Update
Drill results
202210 releases
Pancon Closes Loan Agreement
FinancingPancon Attending PDAC 2022 In Person
Corporate