Carolina Rush Corporation (TSXV: RUSH | OTCQB: PUCCF) is advancing the Brewer Gold-Copper Project and adjacent Jefferson Project in South Carolina, controlling a contiguous 3,480-acre land position with an established NI 43-101 gold-copper resource and multiple opportunities for further discovery.
The Brewer Gold-Copper Project is a past-producing gold mine located in South Carolina’s historic Carolina Slate Belt, approximately 13 kilometres from the Haile Gold Mine.
Brewer combines an established near-surface gold-copper resource with a large, underexplored hydrothermal system extending well beyond the historic mine. Deep drilling completed in 2026 materially advanced the geological model and identified vectors toward an untested potential porphyry copper-gold source to the west-northwest.
Together with the adjacent 100%-owned Jefferson Project, Carolina Rush now controls a 3,480-acre contiguous exploration position across the broader Brewer system.
Resource Growth + Porphyry Discovery Potential
Carolina Rush’s next phase of exploration is built around two complementary opportunities:
Expand the Existing Gold-Copper Resource
The current Brewer resource was defined from relatively limited drilling. Significant areas around the historic mine remain underexplored, providing opportunities to test extensions of known near-surface gold-copper mineralization.
Test the Porphyry Copper-Gold Opportunity
Deep drilling in 2026 confirmed a large magmatic-hydrothermal system and provided new geological, geochemical and geophysical vectors indicating that the potential centre of the system may lie farther west-northwest of the historic Brewer mine.
This interpreted trend extends toward Carolina Rush’s recently expanded Jefferson Project, opening a much larger area for systematic exploration.
100% Control
Carolina Rush retains a 100% interest and operational control of the Brewer Gold-Copper Project following termination of the OceanaGold earn-in agreement.
Established Mineral Resource
Brewer hosts an NI 43-101 compliant gold-copper Mineral Resource Estimate based on only a limited number of drill holes.
District-Scale Land Position
Brewer and the adjacent 100%-owned Jefferson Project form a contiguous 3,480-acre exploration land package.
Two Paths to Discovery
Opportunity to expand known near-surface gold-copper mineralization while pursuing a potentially larger copper-gold porphyry system at depth.
Better Defined Porphyry Targets
The 2026 deep drilling program confirmed a large hydrothermal system and refined exploration vectors toward the west-northwest.
Improved Brewer Acquisition Terms
Carolina Rush’s amended Brewer Option Agreement defers the estimated US$27 million property acquisition payment until new mining operations are fully permitted, with payments then spread over ten annual installments.
Strategic U.S. Location
Brewer is located in South Carolina, approximately 13 kilometres from the operating Haile Gold Mine, within one of North America’s historic gold-producing districts.
The project hosts a NI 43-101 compliant Mineral Resources Estimate comprising of:
Brewer In Situ Mineral Resources:
– Indicated: 192,000 oz Au and 16.7 Mlbs Cu within 6.2 Mt @ 0.97 g/t Au and 0.12% Cu
– Inferred: 210,000 oz Au and 8.3 Mlbs Cu within 8.8 Mt @ 0.74 g/t Au and 0.04% Cu
Brewer Backfill Mineral Resources:
– Inferred: 139,000 oz Au and 9.7 Mlbs Cu within 11.9 Mt @ 0.36 g.t Au and 0.03% Cu in the Brewer backfill material.
This initial resource has been defined from a limited number of drill holes across a structurally controlled system, indicating the project remains under explored.
From Porphyry Concept to Defined Exploration Vectors
The 2026 deep drilling program represented the first systematic test of the deeper copper-gold porphyry model at Brewer.
Three deep holes tested different parts of the system and confirmed key components of a large magmatic-hydrothermal environment, including:
- Kilometer-scale hydrothermal alteration
- Copper-gold mineralization across multiple target areas
- Chalcopyrite-bearing mineralization at depth
- Porphyry-style veining
- Copper and molybdenum geochemical vectors
- Supporting IP and magnetotelluric geophysical anomalies
- A consistent geological vector toward the west-northwest
Rather than closing the porphyry story, the initial deep drilling refined where Carolina Rush believes the next phase of testing should be focused.
Expanding the Search Beyond Brewer
In 2026, Carolina Rush expanded its 100%-owned Jefferson Project immediately west and northwest of Brewer, securing nine additional mineral leases and creating a combined 3,480-acre contiguous Brewer–Jefferson land position.
The expansion is significant because the new ground lies in the direction indicated by geological vectors developed from the 2026 Brewer drilling.
Jefferson provides Carolina Rush with room to evaluate:
- Potential extensions of the broader Brewer hydrothermal system
- Porphyry copper-gold targets west and northwest of Brewer
- Additional near-surface epithermal gold targets
- New geophysical, geochemical and geological targets across a largely unexplored land package
The broader Jefferson property remains at an early stage of exploration, providing significant scope for systematic target generation.
A Known Gold System with a Much Larger Question Still to Answer
Brewer is not a conceptual exploration target.
It is a former producing gold mine with a defined NI 43-101 gold-copper resource, known mineralization across multiple areas and evidence of a large hydrothermal system extending well beyond the historic mine.
The next stage is about scale.
Carolina Rush is focused on growing the known mineralized footprint while testing whether the broader Brewer–Jefferson system hosts a significant copper-gold porphyry source.
Following completion of the 2026 exploration program and termination of the OceanaGold earn-in agreement, Carolina Rush enters its next phase with 100% control of Brewer, an expanded district-scale land position and a substantially improved understanding of the geological system.
The Company’s priorities are to:
- Advance high-priority porphyry copper-gold targets identified through the 2026 program
- Evaluate opportunities to expand Brewer’s existing gold-copper resource
- Systematically explore the expanded Jefferson Project
- Integrate geological, geochemical and geophysical datasets across the broader Brewer–Jefferson system
- Maintain disciplined capital allocation while pursuing high-impact discovery opportunities
Built on Gold. Testing for Scale.