Mining Stock News: Scotch Creek (CSE: SCV) Completes Soil Sampling Program on Miranda Project
Vancouver, British Columbia - November 8, 2023 (Newsfile Corp.) (Investorideas.com Newswire) Scotch Creek Ventures Inc. (CSE: SCV) (FSE: 7S2) (OTC Pink: SCVFF) (the "Company") ("Scotch Creek" or the "Company") is pleased to announce the completion of a soil sampling program on their 5,360-acre Miranda project located in Jackson Valley, Nevada. The program consisted of 69 sample points collected by Scotch Creeks Technical Director, Robert D. Marvin, P. Geo.
Scotch Creek Ventures' exploration team executed the soil sampling program, announced on October 11, 2023 (see news release) and covered strategic locations across the Miranda project. The objective was to gather critical geological data to enhance the company's understanding of the project's mineralization potential.
"We commenced our initial surface exploration efforts with soil sampling. We concentrated our activities on the southern part of the property, where we encountered pale orange siltstones beneath a thin layer of gravel. During the survey, we identified salt-bearing zones at two distinct locations. These sites revealed well-developed, carbonate-rich silty claystone on the surface, yet the full extent of these salty zones remains obscured by the surrounding gravel cover." commented Mr. Robert D. Marvin, Scotch Creek's Qualified Person. "The presence of white salt crusts on the surface is highly promising, indicating the past existence of brine lake conditions on the Miranda project. Future surface exploration plans may include a shallow auger drilling program to sample the evaporite units hidden beneath the gravel cover, allowing us to delve deeper beyond the surface exposures."
Scotch Creek Ventures will continue to build on the soil sampling program as they continue progressing exploration and development activities on the Miranda project. The company remains focused on creating value and advancing its portfolio of Nevada properties.
About the Miranda project
The 100% owned Miranda project is located in Jackson Valley, Nevada, a relatively closed arid basin with similar characteristics to Clayton Valley. The Miranda project is situated in an area near known lithium deposits, a preliminary soil sample program completed by Nevada Sunrise confirms the presence of lithium.
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
Further information about the Company is available on our website at www.scotch-creek.com or under our profile on SEDAR+ at www.sedarplus.ca, and on the CSE website at www.thecse.com.
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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