Rush Gold Provides Corporate Update Highlighting Nevada Assets, Regional Growth Momentum
thenewswire.com
VANCOUVER, BC – TheNewswire - October 1, 2025 – Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to provide a corporate update highlighting progress over the first 90 days since listing. The Company is busy advancing exploration plans for its two properties in the Republic Mining District, Nye County, Nevada, with a focus on unlocking value from these significant assets for stakeholders.
Rush has launched a comprehensive communications and marketing strategy to strengthen market awareness and deliver timely, transparent updates to global investors. Anchored by its in-house expertise, the strategy is further reinforced through previously-announced partnership with EuroSwiss Capital Partners Inc. of Switzerland ensuring broader reach and greater visibility as the Company advances its projects and corporate objectives.
Anthony Zelen, CEO of Rush, comments, “As we mark our third month as a publicly traded company, Rush Gold Corp. is proud of the strong foundation we’ve built as a U.S.-focused mineral exploration company. We are incredibly excited about the potential of our flagship Skylight property in Nevada, and the recent acquisition of the Legal Tender silver property which further strengthens our portfolio. With our upsized financing now increased from $350,000 to $500,000 anticipated to close on October 1st, we will be well-positioned to advance exploration and development. Looking ahead, our focus remains on driving long-term shareholder value through our diverse US property holdings and increasing market awareness."
Nevada Properties
Regarding the Nevada properties, CEO, Anthony Zelen, adds, “We feel Rush Gold is strategically positioned within a highly prospective exploration corridor”. He continues, “following the spectacular discovery of over 16 million ounces of gold near Beatty, exploration activity along Walker Lane has accelerated significantly in recent years. In the central Walker Lane, significant silver resources have been defined by Blackrock Silver at Tonopah, south of Rush Gold, while Fortitude Gold is advancing the County Line Project toward production just north of our project. Almadex Exploration, P2 Gold, Excalibur Metals, Kinross, Viva Gold, Mammoth Metals, Walker Lane Resources, A2 Gold, and Eminent Gold, among others, have announced property acquisitions and initiated work in the area. Rush Gold is centrally located in this nexus of exploration.”*
*Note the geology of nearby properties is not necessarily indicative of the geology of the Company’s properties.
Private Placement
On September 12, 2025, the company announced a non-brokered private placement to raise capital for advancement of its general corporate objectives and is pleased to report a high level of interest. The financing will be closed September 30, 2025.
Baystreet Engagement
The Company is pleased to announce it has engaged Bay Street Media Corp. (“Baystreet”) for a 30 day term to develop new public relations, media and marketing communication strategies, and messages designed to develop a positive and productive profile for the Company within the marketplace. Based in Toronto, Ontario, Baystreet is a leading on-line Canadian publisher of original, timely and insightful commentary, analysis, and opinion aimed at helping investors make informed investment decisions. Brady Allen Middleditch is the principal at Baystreet and can be reached at 604-265-2873. Under the agreement the company has agreed to pay Baystreet a one-time fee of $15,750.00 USD and issue Baystreet 200,000 options, vesting immediately.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities.
About Rush Gold Corp.
Rush Gold is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic Mining District, Nye County, Nevada, in the USA.
For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
T: (778) 388 5258
E: investors@rushgoldcorp.com
rushgoldcorp.com
Forward-Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting: the Company’s focus on unlocking value from its significant assets for stakeholders; the impact of the Company’s communications and marketing strategy on market awareness; the potential of the Skylight property; the advancement of exploration and development at the Company’s properties; the Company’s focus on driving long-term shareholder value through our diverse US property holdings and increasing market awareness; the private placement and expected timing thereof; and the Baystreet engagement, scope thereof and expected benefit to the Company therefrom. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
|
