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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 Yaman123on Mar 09, 2021 5:00pm
169 Views
Post# 32755561

From another chat on PUC

From another chat on PUC
@Juho I rummaged through some materials from the various companies I follow and noticed that in Phase 1 of $PUC hole 2, of which the assays were released last week, is located north from the hole 5. Hole 5, of which only partial gold assays were released, was vertical. Hole 2 had 45-degree angle and was drilled towards south, so its intersection should come towards the intersection of hole 5. These will give some tentative data points about the mineralization. The 2020 RAB drilling campaign holes were drilled along the geophysically informed structures roughly from the north towards the south. One of those structures is located west from the holes 2 and 5. Holes 1 and 3 were drilled on the line of the western line of RAB holes that are located just outside the former pit. The RAB holes that run over the former pit in the east side are closer to the holes 2, 5, and the hole 4 of which no assays have been released yet. All of the multiple and shallow RAB holes had gold values, which is very encouraging. Further away from the former pit were holes 6 and 7. Hole 6 was drilled on the eastern line of the RAB holes and south from the pit. Hole 7 is exciting because it was drilled way out of the RAB lines and north from the pit in an area where the known topaz mineralization is located. As CEO Layton Croft has mentioned in video updates, that was difficult one to drill, because topaz is almost has hard as the diamond used to cut the rocks in drilling. The silicate minerals in that area could offer yet another source of revenue for the project, in addition to gold and copper which are the real drivers, if PUC will discover economic grades of silicates, which are used in the production of mullite. The scale of the mineralized footprint and the various minerals found at the Brewer could indicate that the project represents a top section of a big mineralized system. It could be mined for decades, if it is well mineralized. Copper and gold are good plays right now.
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