SmallCapCanada Features Scotch Creek Ventures (CSE: SCV) Lithium Projects in Nevada’s Clayton Valley
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SCOTCH CREEK VENTURES (CSE: SCV)
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.
• TOTAL ASSETS: June 30, 2022- $10,925,487
• MARKET CAP: $11.08M (CEO.CA) (YAHOO FINANCE) 10.28.22
Scotch Creek Ventures Quote:
https://thecse.com/en/listings/mining...
Scotch Creek Ventures Website:
https://www.scotch-creek.com/
Scotch Creek Ventures Corporate Presentation:
https://www.scotch-creek.com/wp-conte...
3 PROJECTS:
One of the largest land packages in North America's only producing lithium jurisdiction. Scotch Creek has three projects totaling 14,500 acres.
1. Highland's West (100% ownership)
• Bordering Albermarle's Silver Peak mine and Pure Energy's Lithium Project.
• Project, which has the potential to host multiple types of lithium mineralization, spans across 318 placer claims, totaling 6,360 acres, and is located on the southeast side of southern Clayton Valley.
• Recently announced announce the required drill permits have been granted
2. Macallan East (100% ownership)
• Borders Pure Energy’s Lithium project
• An early-stage lithium project, spanning across 159 placer claims, totaling 3,180 acres, and is located on the southeast side of southern Clayton Valley.
• Macallan claim block sits directly on trend with outcropping, lithium mineralized, volcanic ash-rich, basin lakebed sedimentary rocks.
• Recently announced the company is in the process of targeting additional drilling.
• Tesla's 1.9 million square feet Nevada Gigafactory is roughly a 4-hour drive from Macallan East.
3. Miranda Project
• Located within Jackson Valley about 20 miles southeast of Silverpeak Lithium operation in Clayton Valley.
• Miranda consists of 268 placer claims totaling 5,360 acres.
• Potential of significant lithium potential has been significantly upgraded by recent discovery of well lithium mineralized claystone by Nevada Sunrise at their project located seven miles south of Miranda.
• Recently announced their geophysical program, commenced in June 2022, has successfully been completed.
COMPARABLES:
• Scotch Creek’s land package is comparable to that of neighboring exploration companies like Noram Ventures, Spearmint Resources, and Cypress Development Corp combined.
LOCATION, LOCATION, LOCATION
• Nevada is ranked #1 in the investment attractiveness index out of 104 jurisdictions worldwide according to the 2019-2020 Fraser Institute Survey of Mining Companies.
• One of few places globally known to contain commercial-grade lithium-enriched brine.
• Nevada is rapidly becoming the hub for manufacturing energy storage, clean energy, and greener transportation.
• Clayton Valley has an enormous measured and inferred endowment of lithium and is rapidly emerging as one of the world’s largest concentrations of lithium.
LITHIUM MARKET:
The increasing adoption of EV's and renewable energy is pushing lithium demand to new highs.
• US President Joe Biden announced deployment of nearly $3 billion to boost domestic output of EV batteries and the minerals used to make them
• According to the International Energy Agency (IEA), the world could face lithium shortages by 2025.
• Credit Suisse thinks demand could triple between 2020 and 2025, meaning “supply would be stretched.”
Global EV purchases jumped to 6.6 million in 2021 from 3 million a year earlier, meaning that EVs made up 9% of the market, according to the International Energy Agency (IEA). They accounted for all the growth in worldwide car sales, which rose to 66.7 million last year
"In the transition to clean energy, lithium is the new oil."
• Sales of petrol and diesel cars are projected to slide even more quickly in the coming decade, as more countries pledge to phase them out.
With over 14,000 acres positioned alongside multiple lithium producing companies, and located within one of the world’s friendliest mining jurisdictions, Scotch Creek Ventures (CSE: SCV) has significant potential to capitalize on the exploding lithium market.
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