Vancouver, British Columbia--(Newsfile Corp. - May 31, 2022) - Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC PINK: SCVFF) (the "Company") ("Scotch Creek" or the "Company"), is pleased to announce that it has completed the first drill hole on its 100% owned Macallan East Lithium project located in Clayton Valley, Nevada. The Company has submitted core samples for analysis and is awaiting results. Clayton Valley is home to multiple known lithium sources, most notably Albemarle Corporation's Silver Peak mine, America's only producing lithium source.
"This marks a momentous step for Scotch Creek as a lithium explorer in North America. We are extremely excited to send in the first-ever Macallan East core drill samples for analysis, and we expect to move forward and produce additional drill samples soon." So commented Scotch Creek's CEO, David Ryan.
Furthermore, the Company has completed the reflection seismic survey announced on May 11th, 2022 on its Highlands West project and is looking forward to receiving the results. Once the results are analyzed, the Company will devise and implement a future drill program on the Highlands West project. Mr. David Ryan also stated, "We have completed an additional geophysics program on our Highlands West project, located directly adjacent to Albemarle's Silver Peak mine. This project's proximity to America's only producing lithium operation gives the Company great optimism as it looks to advance the Highlands West project further."
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"
Chief Executive Officer
Public Relations Contact
Scotch Creek Ventures Inc.
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.
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