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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

Comment by wm23fouron Feb 24, 2021 9:41pm
277 Views
Post# 32654863

RE:Waiting for results

RE:Waiting for results
Thanks for the post, Goldbrooke.  It would indeed be great if we get stellar drill results and have them timed so so they can be showcased at PDAC.  Additionaly, would be great if share price rises so those warrants that were extended 3 months to 03-08-2021 can be exercised. That would certainly be best case scenario.

Maybe I am overanalyzing your post, but one sentence really got me thinking.  Did some DD and now was hoping to run this by you.

You mentioned that  "..
if you think about it, the last hole they drilled had the most potential."  They drilled 7 holes for phase 1. I'm assuming that hole 7 was thus the last hole drilled.  Was wondering if you might elaborate on why you're thinking that hole 7 holds the greatest potential?

The reason I bring this up is because in the 01-28 PR, the Co 
seems to want to showcase hole 4 and 5 via bullet point at top of the PR.  This would suggest that mgmt thinks 4 and 5 have lots of potential. Looks like from visual observation of the core for 4 and 5 that they saw "lithologies typical of mineralized zones in historic drill core from beneath the former mine."  They went on to say that s
ome of these historic zones ran more than 7 grams per tonne gold. From this I concluded that mgmt has high hopes for 4 and 5.  

OK, while typing this up, I may have just found where you are coming from. In next paragraph is talks about Hole 7 being drilled in an area known to be rich in topaz, which they say has historical correlation to gold found in brewer mine area.  May have just answered my own question to you on why you are thinking #7 has most potential.   But anyway, thinking you have more techinical knowledge than me.  So if you care to elaborate on your ratilnale for hole 7 having most potentail it would be appreciated.  Best case is to have all of the drill holes come back with significant results.  Kind of interesting to speculate beforehand though.

On edge of seat waiting for phase 1 results.  Hoping we are all smiling when they come out and it gets share price to next level. 
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