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SCOTCH CREEK VENTURES INC - SCVFF STOCK NEWS

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Scotch Creek Ventures Inc. (SCVFF) is a mineral exploration company focused on acquiring, exploring, and developing lithium projects in Nevada, USA. The company has identified high-priority drill targets on its Highlands West lithium project, based on recent surveys. The geological data indicates the presence of a potentially high-quality lithium brine target within a newly discovered graben basin. Scotch Creek's team is finalizing drill targets for further exploration.

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Scotch Creek Ventures Inc. has appointed Robert D. Marvin, a geologist with over 40 years of mineral exploration experience, to its Board of Directors. Marvin is known for his work in discovering lithium deposits in Clayton Valley. His role aims to enhance Scotch Creek’s lithium exploration objectives. Concurrently, Donald Archibald has resigned from the Board to focus on other commitments. Marvin expressed enthusiasm about his new position and highlighted the potential of the company’s lithium portfolio as a key factor in his decision.

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Scotch Creek Ventures (CSE:SCV) has received a drill permit from the Bureau of Land Management for its Macallan East lithium project in Clayton Valley, Nevada. This area is noted for its lithium production, housing the only operational lithium site in North America. The project borders significant lithium resources, including Pure Energy Minerals' 218,000 metric-tonne deposit. A drill program of over 19,000 feet is planned, focusing on three high-priority targets identified within the project.

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Scotch Creek Ventures Inc. (SCVFF) announces its common shares are now eligible for electronic clearing and settlement via the Depository Trust Company (DTC) in the U.S. This eligibility enhances the trading liquidity of the company's shares, facilitating easier transactions on common online platforms. CEO David Ryan stated this development increases exposure to a vast market, benefiting both current and potential shareholders. Scotch Creek focuses on lithium project exploration in North America's top mining regions, particularly in Clayton Valley, Nevada.

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Scotch Creek Ventures Inc. has announced the application for a drill permit from the Bureau of Land Management for their Macallan East project in Clayton Valley, following a successful geophysics program. The 3,180-acre project identified potential lithium-bearing brines, and the company has narrowed down to three promising drill targets. CEO David Ryan expressed optimism about discovering significant lithium resources in the region. The drill program is expected to commence in early winter, pending permit approval, leveraging comparisons with nearby operators like Pure Energy Minerals.

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Scotch Creek Ventures has identified three high-priority lithium drill targets at its Highlands West lithium project in Clayton Valley, Nevada. Utilizing a detailed Hybrid-Source Audio-Magnetotellurics (HSAMT) survey, the company aims to map geologic features and locate lithium-bearing brine. CEO David Ryan noted that these targets are crucial following a previous announcement about another drill target. The identified drill sites are set to reach depths of approximately 600 meters and 400 meters. Scotch Creek's focus remains on becoming a top lithium exploration company in North America.

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Scotch Creek Ventures announces a spin-off of its Cupz Project to shareholders, subject to regulatory approval. The transfer involves forming a new company, Whiskey Glen Ventures, which will receive the project in exchange for shares equivalent to $260,625 divided by $0.04 per share. Shareholders will receive 1 share of Whiskey Glen for every 4.4 shares of Scotch Creek. This strategy is aimed at allowing Scotch Creek to focus on lithium exploration, while Whiskey Glen will focus on precious and base metals.

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FAQ

What is the current stock price of SCOTCH CREEK VENTURES (SCVFF)?

The current stock price of SCOTCH CREEK VENTURES (SCVFF) is $0.01645 as of October 15, 2024.

What is the market cap of SCOTCH CREEK VENTURES (SCVFF)?

The market cap of SCOTCH CREEK VENTURES (SCVFF) is approximately 858.1K.

What is Scotch Creek Ventures Inc. focused on?

Scotch Creek Ventures is focused on acquiring, exploring, and developing lithium projects in Nevada, USA.

What recent achievement has the company announced?

The company has identified high-priority drill targets on its Highlands West lithium project based on recent surveys.

What did the geological data reveal about the lithium exploration project?

The data indicates the presence of a potentially high-quality lithium brine target within a newly discovered graben basin.

What is the next step for Scotch Creek's exploration efforts?

The team is finalizing drill targets for an initial subsurface test of the conductive area with a hole spacing of approximately one kilometer.

Where is the Miranda project located?

The Miranda project is located in Jackson Valley, Nevada, an area near known lithium deposits.

What was the objective of the soil sampling program on the Miranda project?

The program aimed to gather critical geological data to enhance the company's understanding of the project's mineralization potential.

What promising indicators were found during the soil sampling program?

Indicators such as white salt crusts and carbonate-rich silty claystone suggest past brine lake conditions on the Miranda project.

How can investors stay updated on Scotch Creek's developments?

Investors can connect with the investor relations team or visit the company's website to sign up for regular updates and news alerts.

SCOTCH CREEK VENTURES INC

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858.07k
43.13M
9.07%
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