Carolina Rush (TSXV:RUSH) Resumes Drilling at Brewer Gold-Copper Project, Targets New Mineralized Zones

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carolina Rush (TSXV:RUSH) has recommenced drilling operations at its Brewer Gold-Copper Project in South Carolina. This move follows the completion and analysis of the first seven holes from the Phase IV drilling program. The renewed drilling efforts aim to further explore and delineate the mineralized zones within the property, with a particular focus on the recently identified Tanyard Breccia Zone.

Focus on the Tanyard Breccia Zone

The current phase of drilling concentrates on the Tanyard Breccia Zone, a new discovery located to the south of the historic Brewer Mine. This zone was highlighted in a news release by the company on February 28, 2024. Initial assay results from the area have confirmed the presence of a mineralized breccia body, characterized by significant gold-copper mineralization. This mineralization is hosted within a zone of intense quartz-pyrophyllite alteration, a geological environment typically associated with precious metal deposits.

Higher grade gold concentrations have been identified within discrete zones of highly silicified, pyritic breccia. The company has planned an additional four drill holes in the Tanyard area to target concealed mineralization beneath the maar sedimentary sequence. These new holes will also seek to extend the high-grade gold-telluride mineralization encountered in a previous drill hole (hole 21), which reported a significant intersection of 2.5 meters at 169 grams per ton (g/t) of gold.

Extension of Historic Drill Hole B21C-016

In addition to the new drill holes in the Tanyard Breccia Zone, Carolina Rush has announced plans to deepen a previously drilled hole (B21C-016) located in the northwest part of the property. This hole, which was initially drilled to a depth of 380 meters, is situated approximately 500 meters northwest of the historic Brewer pit.

The decision to deepen this hole stems from the discovery of strong quartz-pyrophyllite alteration with gusano textures near the bottom of the initial drill. These features, coupled with elevated molybdenum levels, suggest the potential presence of a primary porphyry copper system. To explore this possibility, the company will extend the hole by an additional 200 meters, bringing its total depth to nearly 600 meters. The results from this extended drilling are anticipated to provide further insights into the property’s mineral potential.

Recent Drill Results

The company has also released new results from two recent drill holes, B24C-031 and B24C-032. These holes confirmed the presence of the Tanyard Breccia, although they reported low gold values from the periphery of the structure. Despite the lower gold content, the confirmation of the breccia body’s presence is seen as a positive indicator for the ongoing exploration efforts.

Samples, typically 1.5 meters in length, were sawn in half, with one-half sent for analysis and the other half retained for future reference. The samples were sent to ALS Laboratory in Twin Falls, Idaho, where they underwent drying, crushing, and pulverization before being analyzed for gold content using fire assay methods with atomic absorption (AA) finish. For samples containing greater than 10.0 g/t gold, a gravimetric finish was applied. Multielement analyses were conducted using ICP-MS following a four-acid digestion, with specific methods employed for samples containing over 1.0% copper.

The resumption of drilling at the Brewer Gold-Copper Project marks a significant step in Carolina Rush’s ongoing exploration efforts in South Carolina. With a focus on the newly discovered Tanyard Breccia Zone and the potential extension of mineralization in other parts of the property, the company is poised to further understand the mineral potential of this historically significant mining area. As the drilling progresses, Carolina Rush anticipates gaining deeper insights that could shape the future development of the Brewer project.

 

 

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

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