Business
Scotch Creek Ventures Provides Drilling Update at Macallan East Lithium Project in Clayton Valley, Nevada
Overview: Scotch Creek Ventures has completed two core holes on its Macallan East property in 2022 The completed holes were each drilled over 1000 feet below su

About this update from Scotch Creek Ventures, Inc.
[{"type":"text","content":" Overview: Scotch Creek Ventures has completed two core holes on its Macallan East property in 2022 The completed holes were each drilled over 1000 feet below surface The objectives for the drill programs were to discover lacustrine, volcanic ash-rich sediments deposited within the Clayton Valley evaporative basin Vancouver, British Columbia--(Newsfile Corp. - February 8, 2023) - Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC PINK: SCVFF) (the \"Company\") (\"Scotch Creek\" or the \"Company\"), is pleased to provide an update on its ongoing Macallan East Lithium drill program. The property is located in the Southeast portion of Clayton Valley, representing a sizeable region with minimal subsurface exploration for lithium or other salar minerals. Recently, nearby Scotch Creek's Macallan East project a limited and relatively shallow drill program by Sienna Resources has shown the presence of lithium rich claystones lying beneath gravel cover deposits. Mr. Robert D. Marvin, Scotch Creek's Qualified Person, commented, \"The results to date have been both encouraging and intriguing because we have discovered deeper lacustrine units not previously known to exist. Our first hole in the west central portion of the property bottomed in a pure magnesium-calcium carbonate lithology. This unit is noteworthy in that it contains volcanic ash interbeds, which confidently places this evaporative deposit into the regional lithium host of Esmeralda Formation. This new, fundamentally evaporite facies of the formation have not been previously documented elsewhere within the region. Our recently completed second hole encountered ash-rich, lacustrine sediments below gravel cover, as we expected. The hole then passed through 100 feet of a cobble alluvial unit. Below this rounded cobble unit, the hole entered a second section of volcanic ash stratigraphy. This lower lacustrine unit is essentially 100% volcanic ash with local pebble gravel interbeds. At 1100 feet the borehole passed through a major fault zone and into Paleozoic age limestone, part of the basement rock sequence of the Clayton Valley.\" The completion of the two deep core holes has allowed Scotch Creek to obtain a greater understanding of the lithologic and structural geology of the Southeast Clayton Bench. The Company believes the lower ash zone intersected in the second hole...