• Scotch Creek Ventures Inc. (SCV) has begun a detailed gravity geographical survey at its Macallan East Property in Nevada
  • The survey will help in portraying the underlying subsurface topography of the property
  • It will also calculate the density of the rock beneath and provide detailed mapping and data that the company will use when assessing any future exploration
  • The company is also currently awaiting drill results for core samples submitted from its exploratory drill hole that was completed on May 31
  • Shares of Scotch Creek Ventures are up 1.69 per cent to C$0.30 as of 10:48 a.m. EDT on Monday

Scotch Creek Ventures (SCV) has begun a detailed gravity geographical survey at its Macallan East Property, located in Nevada’s Clayton Valley.

According to the company, the survey will help portray the property’s underlying subsurface topography, which sits in a hotbed of recent lithium discoveries while also hosting North America’s only producing lithium operation.

Additionally, the company said the survey would calculate the density of the rock beneath and provide detailed mapping and data that Scotch Creek can use when assessing future exploration activities.

“The Macallan lithium project lies within a belt of Esmeralda Formation claystone which hosts prolific lithium mineralization along the east flank of the Clayton Valley. This belt of rocks is cut by important, district-scale faults trending NNE-SSW across the resource areas of Cypress Development Corporation and Noram Ventures and the Macallan East property,” Robert D. Marvin, technical director at Scotch Creek, said in a press release.

Marvin also said the company is beginning a detailed gravy survey to map the structural zone, which will allow Scotch Creek to target the upthrown side of the structural zone in positions near recent claystone-hosted lithium mineralization Sienna Resources discovered.

As such, Scotch Creek is now awaiting drill results for core samples submitted from its exploratory drill hole, which was completed at the end of May this year.

Shares of Scotch Creek Ventures are up 1.69 per cent to C$0.30 as of 10:48 a.m. EDT on Monday


More From The Market Online

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.

This company starts production at what could be Canada’s next great gold mine 

IAMGOLD (TSX:IMG) is a Canadian-based intermediate gold producer and developer focused on mining properties in North America and West Africa.

Teck misses Q1 profit estimates on lower steelmaking coal sales

Canadian mining stock Teck Resources Ltd. (TSX:TECK.A and TECK.B; NYSE:TECK) misses Q1 profit estimates on Thursday.
The Market Online Video

Exploration company provides project portfolio update

Banyan Gold Corp. (TSXV:BYN) is focused on exploration and advancing and de-risking its AurMac Gold Project in the Yukon.