Carolina Rush-OceanaGold Partnership to Commence Deep Drilling at Brewer in January 2026

Core Insights - Carolina Rush Corporation has entered into an Earn-In Option Agreement with OceanaGold Corporation, which became active on November 26, 2025, following the receipt of all required approvals [1][2] - The partnership aims to explore the Brewer Gold-Copper Project, with an initial deep-drilling campaign set to begin on January 5, 2026, involving approximately 3,000 meters of drilling [2][3] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is characterized by near-surface Au-Cu epithermal mineralization and potential for deeper porphyry-style mineralization [9] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [9] Exploration Program - The Stage 1 exploration program requires OceanaGold to spend a minimum of US$1.5 million, with a total of US$8 million needed by the end of 2027 to earn a 50% interest in the Brewer Project [2][3] - The initial drilling will focus on high-priority porphyry copper-gold targets identified through geological mapping, geochemistry, and geophysical surveys [3][4] Drilling Details - The drilling campaign includes three planned holes: - DDH A-1: approximately 1,500 meters to test a potential porphyritic intrusion beneath the former Brewer Mine [6] - DDH A-2: approximately 1,500 meters, contingent on A-1 results, to evaluate the southern margin of a deep resistivity anomaly [6] - DDH B-1: approximately 1,000 meters to assess a separate deep MT-IP anomaly in an area with previously untested mineralization [6]