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Carolina Rush Corp V.RUSH

Alternate Symbol(s):  PUCCF

Carolina Rush Corporation is a Canada-based junior exploration company focused on exploring the Carolina Terrane in the southeast United States. The Company’s flagship Brewer Gold-Copper Project is located at the Brewer Gold Mine property, which covers approximately 397 hectares (ha) in Chesterfield County, South Carolina, 17 kilometers (km) along the trend from the producing Haile Gold Mine. Its Sawyer Mine Property is located approximately 12.5 km northwest of Asheboro and 11 km southwest of Randleman in northwest Randolph Count, North Carolina. Its Sawyer Mine Property covers approximately 54.6 ha located southwest of New Sawyer Project located in Randolph County, North Carolina. The Company’s New Sawyer Project’s land package is approximately 246.6 ha and contains the New Sawyer Gold Mine, which includes over 12 identified vertical shafts. The property lies within the Sawyer-Keystone Gold Trend.


TSXV:RUSH - Post by User

Post by GoldBrookeon Jan 07, 2021 1:49pm
120 Views
Post# 32243518

Keep an eye on oceana

Keep an eye on oceanaId be happy with a 50cents/share or more buyout. 
https://money.tmx.com/en/quote/OGC/news/4644877457091424/OceanaGold_Announces_New_250_Million_Revolving_Credit_Facility_With_December_2024_Maturity

""With the previous equity raise, the refinancing of our Facility, and anticipated operating cash flows we are well positioned to continue managing near-term risks while making prudent investments to advance our significant and exciting organic growth pipeline. We remain acutely focused on delivering on our operational and financial plans while continuing to successfully develop our growth projects through to production."

"Looking ahead to 2021 and notwithstanding the ongoing challenges related to COVID-19 in the Carolinas, we are expecting continued operational improvements at Haile with mining of higher-grade zones expected to continue through the first half of the year. We are also planning to commence development of the Haile underground mine in the second half of the year, which we see as a positive catalyst that when in production, provides for an additional source of high-grade ore feed into the processing plant.""

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