Carolina Rush Corporation provided an update for the Brewer Gold-Copper Project in South Carolina, including results from Hole 20. Eight diamond drill holes that produced 2,022 meters of Brewer core were completed from October 2023 through January 2024. Highlights: Holes 18, 19 and 20 (941 meters) were drilled under the former mine area.

Hole 20 (B23C-020) intersected 65.95 meters of 0.50 g/t Au, including 29.5 meters of 0.79 g/t Au and 11.98 meters of 1.38 g/t Au and 0.11% Cu, from 163.5 meters depth, extending the mineralized breccia 75 meters below the former mine in this area. Holes 21, 22, 23 and 25 (809 meters) were drilled south of the former mine, in the Tanyard zone, following up on a new zone of gold-copper mineralization (Hole 15) discovered by Rush in 2021. All four holes encountered strongly altered and locally mineralized lithologies that demonstrate the prospectivity of the Tanyard target area.

Most notably, Hole 21 (B23C-021) intersected a ~30-meter interval of breccia-hosted mineralization from 130 meters depth, including a 9-meter-wide zone of massive sulfides, and the presence of copper sulfides. Assays for Holes 21, 22, 23, 24 and 25 are pending. Samples have been and will be submitted to ALS's sample preparation laboratory in Twin Falls, ID, and results of gold and multi-element analyses are expected from mid-February onward.

The recently completed drilling program commenced in October 2023 and 8 core holes were drilled for a total of 2,022 meters. Holes 18, 19 and 20 included 941 meters of the program, and were each east- directed holes testing the extension of the breccia-hosted gold+/-copper mineralization below the former Brewer open pit. Results for these holes have been received and reported.

Holes 21, 22, 23 and 25 accounted for 809 meters of the program, and all tested the Tanyard target area south of the former mine. Hole 24 was a vertical hole collared approximately 350 meters west of the former mine, and was designed to test a large chargeable and resistive geophysical anomaly. Samples collected from Holes 21 and 22 have been received by ALS laboratory, and Holes 23, 24 and 25 are at various stages of being logged, photographed, cut and sampled.

All remaining samples are expected to be submitted by early February, with assay results anticipated within 4-5 weeks upon receipt by ALS.