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Pancontinental Gold ( (TSE:RUSH) ) has shared an update.
Carolina Rush Corporation has announced the activation of its Earn-In Option Agreement with OceanaGold Corporation, marking the commencement of a deep drilling program at the Brewer Gold-Copper Project in January 2026. The joint technical committee has approved the Stage 1 exploration program, which includes approximately 3,000 meters of drilling to test high-priority porphyry copper-gold targets. This partnership aims to leverage combined expertise to explore Brewer’s porphyry copper-gold potential, with OceanaGold required to invest a minimum of $1.5 million initially and up to $8 million by 2027 to earn a 50% interest in the project.
More about Pancontinental Gold
Carolina Rush Corporation is a Southeastern U.S.-focused exploration company advancing the Brewer Gold-Copper Project in South Carolina. The project is under an Earn-In Option Agreement with OceanaGold Corporation. Brewer is a large, underexplored system with demonstrated near-surface gold-copper epithermal mineralization and potential for deeper porphyry-style mineralization.
Average Trading Volume: 101,069
Technical Sentiment Signal: Buy
Current Market Cap: C$6.49M
For detailed information about RUSH stock, go to TipRanks’ Stock Analysis page.