Vancouver, British Columbia--(Newsfile Corp. - September 21, 2022) - Scotch Creek Ventures Inc (CSE: SCV) (FSE: 7S2) (OTC PINK: SCVFF). (the "Company") ("Scotch Creek" or the "Company") is pleased to announce that the required drill permits have been granted to the Company for their Highlands West property within the Clayton Valley. Additionally, Scotch Creek has bolstered their Highlands West project claims, which now covers approximately 6,360-acres along the Central and Southwest margins of the Clayton Valley.
Scotch Creek's 400-acre claim extension encompasses newly prospective, basin margin rock units, as seen in high-resolution seismic data, and contains distinct, laterally extensive, well bedded units in the subsurface. These distinctive units appear correlative within several, robust, structural basins interpreted from the combination of detailed gravity and high quality seismic imaging of the property.
Several major faults have been identified in both seismic and detailed gravity data. These faults are interpreted to be bounding faults which separate multiple significant-size basins containing the well-bedded rock sequences.
These basins lie in close proximity to the Clayton Valley playa and existing brine production fields.
Scotch Creek CEO, Mr. David Ryan, commented, "Receiving the drill permit for our Highlands property is an important step towards achieving our exploration plans and goals for the project. Now that we have the required permit in place to commence an exploratory lithium drill campaign, we are thrilled to announce the extension of our Highlands claims in the Clayton Valley. We believe the new ground provides the Company with important additional claims contiguous with our existing project. Our goal is to locate a substantial lithium discovery at Highlands and thus create further value for our shareholders."
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
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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