Business
Scotch Creek Ventures Receives Approval to Drill Macallan East Lithium Targets
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC PINK: SCVFF) (the "Company") ("Scotch Creek
About this update from Scotch Creek Ventures, Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC PINK: SCVFF) (the \"Company\") (\"Scotch Creek\" or the \"Company\"), is pleased to announce that the Company has successfully secured the necessary drill permits required to commence additional drilling on its Macallan East project, located in Clayton Valley, Nevada. \"Scotch Creek has finalized the compilation of the recently completed detailed gravity survey at our Macallan lithium project. The most prominent feature in the new gravity data is evidence of an uplifted, fault bounded, subsurface block of kilometer scale. This block is interpreted to be bounded to the east and west by extensions of the Angel Island fault zone, a complex, regionally important structural zone\" said, Mr. Robert D. Marvin, Scotch Creek's Qualified Person. \"Three drill targets have been identified to test this uplifted, faulted block in the sub-surface of the property. The goal of the drilling is to intersect strongly fractured units within the regional lithium host, the Esmeralda Formation. We anticipate that fracture zones will provide high porosity zones to capture deep basin brines.\" Scotch Creek plans to conduct additional drilling on the project in order to expand and refine its understanding of the lithium brine resource, with the goal of developing a comprehensive resource estimate in the near future. About The Macallan East Lithium Project The 6,360-acre Macallan East claim block sits directly on trend with outcropping, lithium mineralized, volcanic ash-rich, basin lakebed sedimentary rocks towards the project area from the North-Northeast. The projected presence of these mineralized units in the subsurface at Macallan strongly suggests that porous ash units, associated with these rocks elsewhere in the basin, should exist below the surface on the claims. Marketing Agreement Scotch Creek Ventures is pleased to announce they have entered into an arms-length marketing agreement with Think Inc. Marketing (Think Inc), a top public relations firm that will provide Scotch Creek with a comprehensive marketing strategy to enhance the company's investor awareness and engagement. The agreement includes a range of marketing activities such as digital advertising, content creation, and public relation campaigns. The agreement has...