Vancouver, British Columbia--(Newsfile Corp. - April 12, 2023) - Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC Pink: SCVFF) ("Scotch Creek" or the "Company") is pleased to announce the commencement of a detailed gravity survey on the Macallan East claim extensions (November 16th news release). The additional claims were staked following a successful detailed gravity survey which exhibited a positive gravity-high building strength in the Southeast portion of the Macallan project. The detailed gravity survey will be completed by Magee Geophysical Services, the Nevada based geophysics company will utilize LaCoste & Romberg gravity meters to measure gravity changes at approximately 294 stations.
To complete the Macallan gravity survey in its entirety, the Company will begin additional geophysics to reveal the gravity signature of the recently staked claims. The area is dominated by the Lida Wash, a major drainage system which channels storm waters into the Clayton Valley generating potential lithium-rich basin deposits.
"The results from this gravity survey will aid the Scotch Creek team in defining additional drill targets for a potential lithium source in the Lida Wash area," stated Mr. Robert D. Marvin, Scotch Creek's P. Geo. and director. Mr. Marvin further commented, "We anticipate that the survey will provide us with important structural data. Once we identify these structures, we will understand the position of the uplifted blocks of the targeted Esmerelda Foundation laying below the gravel covering the property. Additionally, this data will be vital in locating fault related traps, these traps could represent high quality lithium brine targets."
Scotch Creek would like to invite investors and stakeholders to connect with our investor relations team or visit our website to sign-up to receive regular updates and news alerts.
About Scotch Creek Ventures
Scotch Creek is a mineral exploration company, focused on the acquisition, exploration, and development of lithium projects located in tier-one mining jurisdictions such as Nevada, USA. Scotch Creek's vision is to secure North America's green revolution future with strategically sourced lithium projects.
On behalf of the Board of Directors
"David K. Ryan"
David Ryan
Chief Executive Officer
Further information about the Company is available on our website at www.scotch-creek.com or under our profile on SEDAR at www.sedar.com, and on the CSE website at www.thecse.com.
Public Relations Contact
Scotch Creek Ventures Inc.
Telephone: +1.604.862.2793
Email: info@scotch-creek.com
Website: www.scotch-creek.com
The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Forward‐looking and cautionary statements
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.
This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162100
