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Pancontinental Gold ( (TSE:RUSH) ) has shared an update.
Carolina Rush Corporation’s shareholders have approved a strategic partnership with OceanaGold Corporation, allowing OceanaGold to earn up to an 80% interest in the Brewer Gold-Copper Project by investing up to US$20 million over five years. This partnership aims to explore the project’s potential, with an initial drilling program set to begin in January 2026. Additionally, Carolina Rush is increasing its non-brokered private placement offering from C$3.0 million to C$3.5 million due to strong investor demand, with proceeds intended for working capital and general corporate purposes.
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 a large, underexplored system with potential for both near-surface epithermal and deeper porphyry-style mineralization. It is located near OceanaGold’s Haile Gold Mine.
Average Trading Volume: 98,769
Technical Sentiment Signal: Hold
Current Market Cap: C$6.08M
Learn more about RUSH stock on TipRanks’ Stock Analysis page.