Scotch Creek Ventures Inc. announced the detailed gravity geophysical survey commenced on August 8, 2022 has been completed on its 100% owned, 3,180-acre Macallan East property. The Scotch Creek technical team is currently reviewing the results to potentially identify new targets for further drilling at the property. In addition, Scotch Creek announced that the exploratory drill results sampled on the Companies Macallan East project have now been received and analyzed.

Scotch Creek's first drill hole at the Macallan East lithium project was targeted at a conductivity high seen in high-quality Hybrid-Source Audio-Magnetotellurics (HSAMT) data. The conductivity high is a lithium brine target. The core hole, DDCV-1 was drilled to also map and sample the basin fill rocks above and within the HSAMT anomaly in an area of southeast Clayton Valley, where limited exploration drilling has occurred.

The drill hole was successfully drilled through the conductivity high. Drill-return water conductivity sampling at the drill site showed a strong anomaly of 64.8 milli siemens at a downhole depth of 1178 feet. A water sample SCDD-01 was also collected at this point.

The assay result for lithium was diluted in the extraction process and was weakly anomalous. Scotch Creek remains optimistic about the brine potential of the property which requires additional evaluation. The anomalous sample was collected while drilling through an interbedded sequence of volcanic ash, silty ash, and claystone units.

This geology is similar to descriptions of brine-bearing stratigraphy discovered elsewhere in the Clayton Valley.